College students don't use Lovely for off-campus housing - the best properties don't need to be advertised beyond a property manager's website. We've been more heavily focused on solving the renter's needs to-date, and focus on bubbling up those properties that other websites don't have. For now, we provide free leads to property managers, so that value is obvious.
College landlords often rely on co-signers (parents), and many perform background checks on both the renter and the co-signer. There are certain areas in college towns where literally every property is rented by a student. If a landlord purchases a house in that area, they understand that their renters will almost definitely be students. Demand for these properties is so high that they are almost guaranteed 100% occupancy every year, so it's still an attractive investment.
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Thanks for the compliments on the interface!
College students don't use Lovely for off-campus housing - the best properties don't need to be advertised beyond a property manager's website. We've been more heavily focused on solving the renter's needs to-date, and focus on bubbling up those properties that other websites don't have. For now, we provide free leads to property managers, so that value is obvious.
College landlords often rely on co-signers (parents), and many perform background checks on both the renter and the co-signer. There are certain areas in college towns where literally every property is rented by a student. If a landlord purchases a house in that area, they understand that their renters will almost definitely be students. Demand for these properties is so high that they are almost guaranteed 100% occupancy every year, so it's still an attractive investment.