Top tips on renting to students

In association with Advertiser Classifieds

With the beginning of August, Galway finds itself sleep walking towards the dreaded goodbye of summer for another year. The end of the season brings a number of changes to the city with the most notable being the massive influx of students from around the country and beyond.

It is estimated that Galway's student population accounts for 25 per cent of the city's inhabitants so there is a huge need to accommodate them. Ask any landlord, there are many pros and cons in leasing a property and here at the advertiser.ie we provide some tips in how to rent to students so the experience can go as smoothly as possible.

1. Set your stall out

For many students, it will be their first time living away from mummy and daddy so it will be a culture shock to them. Set your rules early letting them know what infractions will result in severe penalties and emphasise that it is important to adhere to your laws.

2. Check-in from time to time

Landlords suffer with a reputation that they are there to make money and that is it. Unfortunately, there are a number who do not care about their tenants' wellbeing and will only get in touch if there is an issue with the rent. Check-in with your tenants and let them know you have an interest in their needs. You do not need to meet face-to-face. A simple text or call can suffice from time to time.

3. A little leeway

Few first time renters will be experts in home maintenance but that does not mean they won't learn and adapt quickly. Landlords can help the process by giving them a helpful and comprehensive introduction to the property. Giving them an appropriate amount of leeway, at least in the beginning, will help to foster a good relationship between you and them, and make things much easier going forward.

So there you have it. A few tips on renting to students.

If you would like to let your home or apartment visits Advertiser Classifieds to reach thousands of potential tenants.

 

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