4 Tips For Owners Of Student Apartments
Owning an apartment community that rents to a lot of students comes with its own unique set of challenges. Your residents are young, have less experience renting, and have busy schedules outside of the regular 9 - 5 hours. As such, there are some unique property management tips that can come in handy when renting to such students. 1. Require a cosigner on leases. Students do not typically have much of an income, which means they are are more likely to stop paying rent than the average renter with a decent job.