Student Rentals during and post COVID-19

Are you planning to convert your property into a Student Rentals? Or maybe, you currently own one.

Visture Property Management Peterborough has some advice for you.

During this pandemic, student rentals are the hardest hit market in Real Estate. Classes had been canceled until further notice. Some Universities are saying they will settle for online classes, some might not reopen until the year 2021. So if you’re planning on giving away free rentals until September, think carefully. Plan for the possible long-term effect.

Hoping and praying for your Real Estate business is not enough. Think strategically and make sure you are updated with the news about the Universities near your place.

Plan wisely. Will you really spend thousands of dollars on converting your property to a student rental, knowing that classes won’t resume anytime soon?

Be extra cautious and strategic Real Estate Investors! Got doubts about your decisions? Visture Property Management Peterborough is here to help you achieve realistic goals and guide you through this Real Estate business. Message us so we can get started!