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Choosing College and Military Towns For Investment Properties

Written by Posted On Wednesday, 18 May 2016 07:31

For a San Diego, CA, Real Estate Agent, finding appropriate investment properties in the residential market for investors can be tricky. However, the combination of college and military populations can provide many opportunities for rental housing investors and provide stability in the market via the effect of a transient yet continually replenished population.

Student Populations

College towns are uniquely qualified to create real estate investment opportunities. Many parents prefer the idea of their children living off campus, and many independent students who may not qualify for dormitory housing seek places of their own or shared pads. Every year, millions of college students flood into college cities and towns, but they aren’t the only market for rental housing – the faculty and staff at their schools also provide a consistent demand

Military Housing Inventory

Similarly, towns with an extant military base also require additional housing – not only for service personnel and their families, but for the support staffing, civilian employees, and the local business owners that thrive on the built-in market for services and goods.

Housing Demand

Typically housing demands can fluctuate wildly based on trends and other vagaries of the market, but college and military residents provide unique opportunities. Whether by choice or lack of on-campus / on base space, faculty and members of either demographic will require housing and San Diego, CA, Real Estate Agents can take advantage of this when guiding real estate investors towards residential properties with great rental potential. San Diego is in the top 10 military communities in the US, which provides a huge opportunity for potential real estate investors.

Investment Properties And Post-Retirement Housing

According to the National Association of Realtors, baby boomers are showing a strong inclination towards college and university communities for their own post-retirement housing. Many of these purchases appear as rental options for years before they are finally claimed and moved into as a retirement property, meaning there are a continual number of homes rolling on and off the rental market.

Investment Options

Real estate can be directly or indirectly invested in, whether a REIT is desired for hands off investment, single family homes are being acquired for flipping, or multi family homes are being singled out for potential rental opportunities. Areas where new schools or universities will open or existing campuses or bases are expected to expand offer even more opportunity in increased population and need for more housing.

A San Diego, CA, Real Estate Agent can present such options to investors seeking to generate a decent ROI in a short period of time or over the long term in communities where military and college populations promise a stable pool of housing renters. Ensure your clients are well educated on the process of owning and managing rental properties and encourage investment in properties close to transportation hubs.

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