Student Housing Deals are a growing industry with the potential to provide investors with sizable profit margins and solid returns. However, before investing in any deal, there are several key factors that should be considered: location, size, price per square foot, and occupancy rates. Investors like Nelson Partners, who specialize in the Student Housing market, have put together a list of ten steps that will help you make the most informed decision when investing in this type of deal.

1. Location: The first step in any student housing deal is to identify a good location. The property should be close to campus and have easy access to public transportation. It should also be in a safe neighborhood with low crime rates.

2. Size: The next step is to determine the size of the investment property. The number of bedrooms and units is important to consider, as well as the overall square footage.

3. Price per Square Foot: Once the size of the property has been determined, it is important to find out how much it will cost per square foot. This will help to determine whether or not the investment is feasible.

4. Occupancy Rates: Another important factor to consider is the occupancy rate of student housing units in the area. This information can be found through research or by talking to a real estate agent.

5. Financing: The next step is to find financing for the student housing deal. There are many lenders who specialize in this type of investment, so it is important to do your research and compare interest rates.

6. Contract: The next step is to negotiate a contract with the seller. This should include the purchase price, closing date, and any other pertinent information.

7. Due Diligence: Once the contract has been signed, it is important to do due diligence on the property. This includes a property inspection, title search, and environmental review.

8. Closing: Once all of the due diligence has been completed, it is time to close on the property. This will involve signing the final contract, wiring the funds, and recording the deed.

9. Management: The final step is to find a good property manager who can take care of the day-to-day operations. This is an important step in ensuring that the property is well-maintained and profitable.

10. Exit Strategy: The last step is to develop an exit strategy for the student housing deal. This should include a plan for how the property will be sold or refinanced in the future.

This article has outlined ten steps to a successful student housing deal. It is important for investors to consider the location, size, price per square foot, and occupancy rates before investing in any property. This information can be found through research or by talking to real estate agents about what properties are available. When all of this has been considered, it is time to negotiate a contract with the seller, do due diligence on the property, and then close on the deal. Finally, a good property manager should be found to take care of the day-to-day operations. Exit strategy is also an important step in any investment and should be considered before making any decisions.