South Jersey Real Estate Investors Association

The Impact of Student Debt on Qualifying Tenants

As an investor and housing provider, one of the things I fear most is a long-term vacancy. I’m
about to face the worst vacancy of my life… all three of my children will finally be out of the
home, with two of them heading out over the next few weeks in pursuit of educational
advancement. In today’s world, that advancement is usually accompanied by something else
we are becoming all too familiar with in the United States, student debt. My children will leave
school in 3 years with around $50,000 in student debt, which has become easier than ever to
access. Never before have I seen such willing lenders who are anxious to provide funding to
someone who statistically is less than likel
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Your Short-Term Rentals Can Generate 6x Gains 

by David Pickron

Rarely in life can the quick version of anything ever compete with the more time intensive “real deal.”  Think of any instant food and you will quickly realize that I’m telling the truth.  The same had held true for real estate investments for at least the last century… but times, they are a changin’.  As you look at your portfolio it may be time to consider transitioning some of your long-term holdings into short-term rentals, and here is why; short-term rentals can generate up to six times the amount of revenue as a long-term hold.  My average long-term hold properties cash flow at around $200 per month; my short-term rentals cash flow just over $1200 per month. Does that get your attention? 

As you consider transitioning from long-term to short-term rentals, you should examine the following factors to help ensure that the changeover is successful: location, needs, and saturation. 

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