Interested in investing near a Chicagoland University to provide student housing?! Harrison Cohen joins us to share how he’s built his portfolio using this model!
Harrison explains why he decided to focus on student housing and the nuances of student housing near different universities, including University of Chicago, UIC, DePaul, and Loyola. Harrison dives deep on the leasing process and how it differs from leasing to market tenants. Lastly, he shares lessons learned from student housing investments including underwriting tips and advice on pivoting when things don’t go as planned!
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04:07 Housing Provider Tip: Be mindful of incorrect tax exemptions being applied to your property!
06:25 Intro to our guest, Harrison Cohen!
07:07 Why focus on student housing?
09:38 How is student housing different from standard rentals?
11:38 Harrison discusses housing for University of Chicago students!
20:20 Harrison talks about student housing near UIC!
26:41 How to succeed with student housing near DePaul University?
29:13 Are there investment opportunities near Loyola University?
30:38 Harrison gets granular on the leasing process for student housing!
38:45 Does the Chicago RLTO apply to student housing?
48:00 What is Harrison's competitive advantage?
48:24 One piece of advice for new investors.
49:00 What do you do for fun?
49:40 Good book, podcast, or self development activity that you would recommend?
51:25 Local Network Recommendation?
51:57 How can the listeners learn more about you and provide value to you?
Guest Name: Harrison Cohen
Guest Company: Triton Realty Group
Guest Link: https://www.tritonrealtygroupllc.com/team/harrison-cohen
Other Links for show notes:
Crushing It in Apartments and Commercial Real Estate (Book Recommendation)
