When the big investors spend $12.8 Billion in student housing, it is worth taking notice!
Benefit from their expense and research
These giant investors, such as Blackstone, have invested huge resources into the decision to invest in student housing. Why not benefit from that effort! While you may not be able to commit the kinds of resources that they can, you can surely use the insights that their actions communicate to your own advantage. And right now, student housing seems pretty high on their priority list!
So what should we all do?
For a moment, put on your investor hat when purchasing a home. No matter why you are buying that home, just think like an investor for a bit and see if your new perspective will let you see some gigantic potential upsides if your strategy for your new home changes in a year, or two or five!
If your home falls into the category of being a potentially great home for student housing, why not include that in your marketing? Reach out to established groups that cater to student housing. You might find your buyer among the parents of incoming freshmen!
When evaluating properties, do a quick check and see if that investment might just be a good candidate for student housing. Not because that is what you want to do today, but because it is an excellent option if the mainstream renting market turns and you need to appeal to a new renting audience.
The Bottom Line
None of this is a suggestion that you dedicate yourself to buying a home to use as an investment for student housing. It is a suggestion that you stack the deck in your favor so that no matter what your goals are today, you are ready to adapt to changes in the market or changes in your plans!
Check Out The Last Show!
An interesting article came out recently discussing cities where home prices for homes are actually down! At least, that is what the headline REALLY wanted you to believe. Well, when we dig a little more we see they are talking about asking prices, not sales prices. But is that the end of the story? No, not really. It ends up that an entirely different story is told about home prices when we look more closely at the market data. Come along for this ride as we do a little debunking and critical thinking!