Win
I bought one house, half a mile from campus at a large public university that's been growing, and I've now finished a full lease year, so here's what happened. Paid $372k, put 25%…
Win
Bought a 1972 built 12 unit walk-up about a mile from a flagship that's added enrollment every year for the last decade. Two bedroom, one bath units, 880 square feet, renting at $…
Loss
Two years ago an owner put a 24 unit, 96 bed off-campus portfolio out to bid and I won it at 4% of collected rent. Four bedroom units, one lease per bed, 12 month terms, parental…
Loss
Closing out a position I should never have taken, so here is the arithmetic. 168 beds off campus at a mid-tier private university, $18.9m purchase, about $112k a bed. Raise was $6…
Loss
Posting this because the failure was in the research step and it's the cheapest step to do properly. 2019, I bought a 2-unit property, each unit 3 bed 1 bath, four blocks from a p…