The Benefits Of Student Investment Properties

Many investors balk at the idea of student investment properties. This always surprises us as we’ve owned both types, and the overall experience with students has been much better than with regular residential rentals. We’ve outlined some reasons below:

Reason 1
Parents typically co-sign the leases. The students don’t pay, their parent does, so the probability of having issues with rent cheques bouncing is much less, especially for the demographic of university bound children’s parents. When a residential tenant bounces his/her rent cheque, the landlord is stuck paying their mortgage that month out of their own pocket. With students, it’s rare that all students in a unit would bounce, so even if there is one bounce, the other students end up covering much, if not all, of the mortgage.

Reason 2
Since the parents co-sign the lease, if their son/daughter damages something the parent pays. Continue reading ‘Student Investment Property’