If you have decided to invest some money in real estate, this is a good move, and you deserve to pat yourself on the back for this. Real estate helps you to generate consistently high returns if you do it correctly. In this field, student housing real estate investment is a profitable venture that is a very good asset class that has proved itself to be resilient even during times of economic fluctuations. It is known to be one of the most stable opportunities for investments. The recent coronavirus pandemic and the subsequent economic recession have actually proved this point.
Nelson Partners – The pros of student housing investments
Nelson Partners is an esteemed real estate developer that Patrick Nelson established in 2018. He has more than 14 years of expertise and experience in the line of real estate and is a widely respected name in the country. This privately-owned company has proactive and skilled real estate professionals specializing in student housing and its property management. Its headquarters are at San Clemente in the USA. It has valuable experience when it comes to the acquisition, development, finance, and management of real estate investments pertaining to student housing in the nation.
Why is student housing more popular than dorms?
Some investors are of the opinion that investing in student housing is a risky affair and scary at the same time. They believe that students can get rowdy and thrash the place. However, the contrary is true. Students have the main focus to study, and today most of them do not want to live in dorms where the spaces are cramped, and they need to share it with other students. This environment can affect their performance in college, and they will become frustrated when they cannot study in peace.
Modern amenities and more space are available to students
It is here that student housing comes in as a savior to them and Nelson Partners are helpful. They get the amenities like free wi-fi, a kitchen facility, more space to study, eat and interact with their friends and family. Most of the time, students who are pursuing their associate or degree courses live in their spaces as they need to focus on studies and grade performance.
A consistent source of guaranteed income
When it comes to the payment of rent, they are serious, and parent guarantors back landlords. Students live for at least two to four years and even more if they later decide to progress to the master’s or their doctorate degrees.
Landlords are assured they will get their rent, and since these properties are located very close to any college or university campus, they hardly need to spend money on advertising. Besides students, they get professors, janitors, admin staff of educational institutes to rent their spaces and live close to the college or the university campus. In short, the reality lies in the fact that student housing is now becoming an authentic component of the real estate industry, and it is very lucrative as well.