This month we will be talking about to good, the bad, and the ugly of Student Rentals. We all know that one of the surest ways to get cash-flow in our market today is by investing in student rentals, yet we hesitate because of the nightmare stories we hear of non-stop parties, indescribable damage, and late night calls from police!
This month Student Rental expert Gillian Irving will be sharing some of her proven strategies for obtaining higher than average returns while maintaining a low level of management, maintenance and headaches. Gillian will show how she attracts the highest calibre tenants, get $2500-$3000 per month in rental income from a single property, and how she finds these ideal investment properties in today's market.
Gillian likes to say she was an “accidental investor”, when buying a duplex in downtown Toronto in 2009 with little planning or preparation. Luck was on her side though, and she was able to ride the value up and refinance to get capital to keep growing. At that point, she wasn’t going rely on luck and an “H&P” (hope & pray) strategy if she wanted to leave her job and provide long-term financial security for her disabled son and three other children. Gillian became a serious student of real estate investing and combined what she learned with her professional skills as a market research analyst to purchase 35 doors in Southern Ontario in 18 months. Today, Gillian is a full time investor and entrepreneur, focused on student rental investing with joint venture partners.
If you are thinking about getting into the student rental market, or if you want to find out if this is an investment strategy for you, you DON'T want to miss this event!