#453: Make $5,000/Month from 1 Duplex?! (Student Rental Strategy)

⭐ Join Rental Property Mastery, my community of rental investors on their way to financial freedom: http://coachcarson.com/rpm  🎙️ Episode #453 – Student rentals can be cash flow machines... if you know how to manage the quirks. We're sharing our systems and design tricks that make investing in student rentals truly profitable.    ▶️ Next Episode: Why I'm Building Properties, NOT Buying (Build-to-Rent 101)  Apple: https://podcasts.apple.com/us/podcast/383-build-to-rent-101-why-im-building-properties-not-buying/id1448707654?i=1000690795313 Spotify: https://open.spotify.com/episode/2FDWRuFSHcqjF9i85qzWjw?si=iNgGHYb-QpCoklsUdc3tbA   🎬 Timestamps: 00:00 - The Most Profitable Way to Be a Landlord 00:49 - How Will Gaston went ALL IN 04:31 - Portfolio growth breakdown 06:43 - Overcoming occupancy ordinances 11:53 - Pros and cons of student rentals 13:38 - The economics of student rentals 19:19 - Tenant screening philosophy 21:29 - DON'T drop rents... Do this instead   24:43 - Purple Cow marketing 34:17 - Who shouldn't own student rentals 39:26 - How to handle helicopter parents 44:56 - How to turnover with staggered leases 47:43 - Set expectations over Zoom calls 48:46 - One lease to rule them all 54:30 - Don't passively do student rentals 59:06 - Why I'm building properties, not buying    🔗 Connect with Will: Will's LinkedIn (Personal): https://www.linkedin.com/in/will-g-008876130/  Will's LinkedIn (Business): https://www.linkedin.com/company/gaston-real-estate-investments/  Will's Instagram (Personal): https://www.instagram.com/will_gaston/  Will's Instagram (Business): https://www.instagram.com/uofsc_rentals/ The Ultimate College Student Rental on BiggerPockets: https://www.biggerpockets.com/forums/52/topics/491641-nearing-1-000-college-student-tenants-heres-what-ive-learned 💵 Need Investor-Friendly Financing? This is who I trust → https://www.coachcarson.com/bryan   🏠 TurboTenant – Streamline Your Property Management for Free: https://www.coachcarson.com/turbotenant 📱 DealMachine – Software to help you buy more real estate deals: https://www.coachcarson.com/dealmachine-pod