We have seen a recent trend whereby investors are purchasing rental property near Universities. Our clients have had tremendous success with these properties. Most of our investors are renting out homes near the University of Miami, Florida International University, Barry University and even NOVA Southeastern, which is located in Davie Florida.
When marketing the property, we can specifically solicit students. As a bonus, we’re able to market from within the college’s off-campus housing websites.
Small groups of students are usually thrilled when they see how much space they get for their money as opposed to a dorm setting. We seek to protect our owners, by obtaining guarantees of the rent payment executed by the parents.
The market for investment property in the student housing field is fluid. When the time is right, contact us at Florida Property Managers, and we can help you take a look at the available purchase inventory.