Would it be a good idea to rent a house to college students?
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Suppose I have a 3-bedroom house that's in a college town. Would it be a good idea to rent it to 3 college students for the average price of rent for a house in the area, and have each person pay a third of the rent? What kinds of problems could arise that wouldn't be an issue with a regular tenant, like a family?
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Answer:
I personally lived in a college house last year and I wouldn't recommend it. The following are the damages that occured due to partying/rowdiness: - fan torn out of the ceiling - 3 holes punched in wall on seperate occasions - iron print on carpet from it falling over - minor stove fire from plastic pot on element - ant infestation because no one would take out the garbage for a month - carpet damage from spilled drinks I think it's a personal choice, but a college environment promotes drinking and drinking can promote damages. It really depends on the people you rent out to. I know the landlord I had thought we were all "out-standing kids" until she realised the damages.
Jeff at Yahoo! Answers Visit the source
Other answers
Only if you want a trashed house at the end of the school year.
Appraiser guy
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