Maintaining rentals for college students

Jacksonville Real Estate News


Updated: Wednesday, May 23, 2012

Jacksonville Fl real estate investors frequently become landlords renting to college students. This is particularly true in Jacksonville and other communities with good student populations. Northeast Fl property owners should follow some precautions and guidelines when they rent to students in Jacksonville Fl to keep their investments profitable. Student rentals have high turnover rates, so you need someone who can come in, clean and repaint a unit so it can be re-rented as quickly as possible. To keep turnover at a minimum, make the term of your leases close to 9 months or a year. Landlords often require that one parent co-sign the lease since most college students are typically short on cash. Because students tend to rent a property together, make sure every tenant is listed and has signed the lease so should there be any problems, the person liable can be identified.

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Today's Real Estate News and Advice Updated: Wednesday, May 23, 2012

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