3 Things to Consider Before Renting to Students

3 Things to Consider Before Renting to StudentsWhether you have a second property that you’re going to move into or you’re planning on being away from your dwelling place for a while, you may be considering putting your home on the market in order to boost your financial outlook. While students comprise one demographic that is always entering the rental market to scoop up available properties, here are some things you may want to consider before deciding on a younger renter.

Will Your Home Be Rented Consistently?

Many students will require a place to rent out since most of them don’t have the money savings or stable income to purchase a home, but if you’re doing this to make ends meet on your properties, renting to student may not be the best way. While some students may plan on hanging out over the summer, there are those who will be heading home in order to live with their parents and save money for the Autumn semester. A contract’s a contract, but a renter can always flee the coop if it’s inconvenient.

Will They Take Good Care Of Your Home?

From furniture to family mementos, most people’s home is pretty personal to them, and that’s why it can be of supreme importance to have a renter that will respect your home and take good care of it in your absence. While there are plenty of responsible students in the world, you should ensure before settling on anyone that it’s someone you really trust who won’t damage your house or wake up the neighbors every Saturday evening.

What Rental Price Are You Looking For?

If you’re trying to make financial ends meet with your property, you’ll probably want to charge the maximum amount you can while still having a renter in your home. The risk with students is that they may not be able to pay the dollar amount you’re looking for so that you can effectively maximize your investment. While this doesn’t necessarily mean you’re taking the financial brunt, it’s important to get the monthly amount that your living space can garner on the market.

There can be a number of downfalls when it comes to renting to students, but there’s also the possibility that you’ll have a responsible renter who will stick around for more than a couple seasons. If you’re currently on the market for a second home, please contact me for more information.

4000 E Granite Dells Road Payson, AZ 85541

$6,750,000
2 Beds
2 Baths
5,340 SqFt
Status Active
MLS # 6773310
Property Type Single Family Residence
Price Type --
Discover the ultimate getaway on 80 acres of breathtaking beauty; this majestic land offers endless possibilities. Surrounded by National Forest on all 4 sides, solitude and beauty abound with mountains and lush, tree-lined areas. A serene escape perfect for outdoor fun and adventure, yet only a short drive to the center of Payson, or a mile walk to The Rim Club. All utilities in place, including a private well, APS switching station and multiple transformers for future residential development. Special use permits could be obtained for events like weddings or corporate retreats. Forest access, abundant wildlife, internal trail system combine secluded tranquility. Includes a detached clubhouse/garage for storing toys and entertaining. Inside is also a recreational bunk house. The home is designed by popular architect Jack DeBartolo with modern architecture as to incorporate the home into the beauty of the property. Pool house and work barn are additional structures with added value depending on desired use. Pool house can be converted to single family home. Other notables: Roughly 25 acres of very flat land. Years ago, this property was designed for 38 custom lots as part of a high end equestrian facility. Massive infrastructure upgrades include but aren't limited to: Private well with 5,000 gallon storage tank and multiple pressure tanks. Water has been piped over ½ mile to both ends of property. APS switching station with multiple transformers for possibility of over 15 homes. Road system created within entire property Extensive grading and drainage to minimize the effects of seasonal runoff and erosion. Internal trail system Solo access to Forest Service gate on Granite Dells Road. Extensive front wall and gate on West entry of property.

23216 N 95th Street Scottsdale, AZ 85255

$6,750,000
5 Beds
5.5 Baths
6,517 SqFt
Status Active
MLS # 6695412
Property Type Single Family Residence
Price Type --
Introducing a 6,100+ square foot modern masterpiece designed by Graffin Design Architects, nestled on nearly an acre of land boasting breathtaking mountain and city light views just north of DC Ranch. This home's allure begins with a paver driveway leading to a 3-car garage (with EV charger and dog wash station!), courtyard entry, and a grand pivoting front door. Inside the residence exudes sophistication and functionality, featuring a sleek split floor plan with 4 bedrooms and 4.5 baths on the main level, including a separate principal suite and an attached casita with its own living space. The great room, featuring a large drop down screen and projector, seamlessly flows into the kitchen and dining area, with glass walls that invite abundant natural light and panoramic views. Upstairs, a versatile space awaits, offering a sitting room/bar area, a 5th bedroom/exercise room with a full bath, and a separate view deck with a lounge area, perfect for entertaining. Throughout the home, premium finishes abound, including hardwood and tile floors, a full Wolf Sub Zero appliance package, custom cabinets, porcelain countertops, 8' solid doors, exposed masonry block, and chrome hardware fixtures all enhanced by LED lighting and controlled remotely via Control 4 smart home system. Enhancing the living experience is the seamless integration of indoor-outdoor spaces, where the backyard oasis beckons with a pebble-tec pool and spa, synthetic turf yard with custom xeriscape, and a full outdoor kitchen with built-in barbecue and pizza oven, multiple fireplaces and stunning city light and mountain views. There is also a large enclosed private dog park that could be converted into a play area or golf simulator or whatever dream project you envision! Additional features include a central vac system, owned solar panels, outdoor shower, multiple water features, auto covers for the pool and spa, and a built-in ionized water station in the fitness room. Truly there are too many extras to list here! Discover unparalleled luxury living in this meticulously crafted residence, where every detail reflects the epitome of high-end sophistication and style.

2437 Wren Cove Way Lake Havasu City, AZ 86406

$6,700,000
4 Beds
4.5 Baths
5,998 SqFt
Status Active
MLS # 6781604
Property Type Single Family Residence
Price Type --
Nestled in the world-class, guard-gated community of Riviera, this extraordinary lock-and-leave, lakeside estate—brand new construction—offers an unparalleled living experience. Boasting 4 expansive bedrooms and 4.5 luxurious bathrooms, this home is a true escape to paradise, where sophisticated design meets exceptional craftsmanship. The expansive great room, highlighted by soaring 14-foot vaulted ceilings, effortlessly flows into a gourmet kitchen featuring top-of-the-line Miele appliances, custom cabinetry, and a glass-enclosed wine room with capacity for 500 bottles. Throughout the estate, exquisite touches abound—rift-cut oak walls, Italian porcelain flooring, and handcrafted solid oak interior doors add a layer of refinement to every space. The opulent master suite is a... private retreat, complete with a steam shower and dry sauna for ultimate relaxation. Equipped with a state-of-the-art Crestron home automation system, this home offers convenience and modern luxury at your fingertips. Designed to blend seamlessly with its natural surroundings, the home features expansive sliding glass walls that open to an outdoor sanctuary, complete with a pool, spa, and panoramic vistas. With every detail meticulously curated, this architectural masterpiece offers the perfect fusion of elegance, comfort, and breathtaking natural beauty.

4545 N Launfal Avenue Phoenix, AZ 85018

$6,695,000
5 Beds
5.5 Baths
5,630 SqFt
Status Active
MLS # 6781063
Property Type Single Family Residence
Price Type --
4545 Launfal - Welcome to your own slice of paradise, located in the idyllic Arcadia neighborhood of Phoenix. Providing an unparalleled setting amidst picturesque landscapes and breathtaking mountain vistas, the home offers a lifestyle of convenience and sophistication, with proximity to upscale shopping destinations, fine dining establishments, and world-class entertainment venues, ensuring every desire is effortlessly met. Yet, despite its proximity to urban amenities, the home remains a sanctuary of serenity and seclusion, offering a peaceful retreat from the hustle and bustle of city life. The home embodies luxury living with its sleek design and modern amenities. As you enter, the spacious living areas boast an abundance of natural light and elegant finishes, creating an inviting atmosphere for entertaining guests or relaxing with family. The gourmet kitchen is a chef's dream, featuring high-end appliances, custom cabinetry, and a large island perfect for meal preparation and casual dining. Adjacent to the kitchen, the formal dining room offers a sophisticated space for hosting dinner parties and special occasions, tastefully integrated with a wine wall that not only serves as a visually stunning backdrop, but acts as a temperature-controlled wine cellar, adding an element of refinement that elevates the overall ambiance of the space. Retreat to the spacious primary suite with fireplace and views of Camelback Mountain, complete with an expansive bathroom area, with separate commodes and large walk-in closets, for added convenience and functionality. The home not only boasts three large ensuite guest bedrooms in the main house, but also a guest casita with private entrance, offering a truly exclusive retreat for discerning visitors. Step outside to your own private oasis, where relaxation and recreation await. The expansive covered patio allows for ideal outdoor living, while enjoying a backyard that is an entertainer's dream, featuring a large pool and built in spa area surrounded by lush landscaping, multiple seating areas, and numerous patio spaces perfect for outdoor dining and lounging. With its prime location, this exceptional residence offers the perfect vantage point to appreciate the natural beauty of Camelback Mountain while enjoying the ultimate in outdoor living. Whether hosting a poolside gathering with friends and family or simply soaking in the peaceful ambiance, it is truly an unforgettable setting for relaxation and enjoyment. Your dream home awaits - seize the opportunity to make it yours and discover the epitome of Arizona living.

7568 N Mockingbird Lane Paradise Valley, AZ 85253

$6,690,000
6 Beds
7 Baths
7,625 SqFt
Status Active
MLS # 6725714
Property Type Single Family Residence
Price Type --
Priced to sell! Mediterranean style home in a highly coveted part of Paradise Valley. Mother in law suite includes its own washer dryer and kitchen along with its own exit to the patio and garage. You're going to love spending time in this oversized master bedroom with spacious sitting area and coffee counter with refrigerator built in making for more convenient mornings. Master bathroom includes makeup area as well as free standing tub with beautiful views into your private backyard. Gorgeous resort style backyard includes gas fireplace that has never been used. Private office with wall to wall built in cabinets and shelves. Sound system has been installed in master, formal living area as well as formal dining area and family room! Pool and spa with roof deck makes sunset/mountain views in your backyard hard to resist. Home includes pantry/prep kitchen and movie theatre as well. House includes an additional room that can be used for flex, gym or yoga depending on your preference. Faux wood beams in the family room as well as dining area. Tesla Solar plus Tesla pack make for an energy efficient and easy to charge home. Too many additional features to list.

8822 E Chino Drive Scottsdale, AZ 85255

$6,650,000
5 Beds
6 Baths
5,565 SqFt
Status Active
MLS # 6758786
Property Type Single Family Residence
Price Type --
Welcome to 8822 E Chino Drive.This North Scottsdale elegant estate is perfectly situated on 1.5 acres creating a home that enjoys resort style living, complete privacy & exquisite McDowell Mountain views. The home was originally built in 2017 and has been totally reimagined and redesigned in 2021 creating a modern and elegant timeless estate, with seamless indoor/outdoor living spaces in a peaceful Zen like setting. The gourmet kitchen with Wolf and Sub-Zero appliances will compliment any chef, with a large island that is open to the dining and coffered ceiling living room with 60 inch linear fireplace, creating an elegant space which is perfect for family gatherings and entertainment. This is also a smart home, operated by using an app or your voice: Lights, TV, Music, and Fireplaces can all be turned on by the time the garage door opens. The home is also equipped with solar. The primary suite is split from other bedrooms offering complete privacy, the linear fireplace will set the mood for any occasion. Enter the spa-like En-Suite marble bathroom with luxurious closets. A master patio with gas burning fireplace completes the Primary bedroom experience. Entertaining in this home is a delight with the 20-foot panoramic sliding glass doors leading to the exquisite white limestone patios, a resort-style pool, and a spa with a backdrop of McDowell Mountain views. How about a game of pickleball, you have your very own flood-lit sports court and your own private putting green to practice your putting skills. It truly is a one-of-a-kind luxurious resort. No detail or expense was withheld on this superior one-of-a-kind remodel. Custom furnishings professionally designed can be available via a separate bill of sale, this can be a turn-key investment, just bring your personal items and enjoy.

7451 N Las Brisas Lane Paradise Valley, AZ 85253

$6,600,000
6 Beds
7.5 Baths
8,540 SqFt
Status Active
MLS # 6785821
Property Type Single Family Residence
Price Type --
This transitional contemporary home is discreet and understated from the road. Once through the door you're greeted with a collection of exotic woods, stonework, and a high level of craftsmanship and quality. This home has a level of sophistication that is rarely seen. It was designed with the luxury of convenience in mind. It's equipped to enable different activities and uses through the home with separation and privacy. It's not a single large box room. Its different rooms allow more specific functions while creating an intimacy throughout. An office with some of the best woodwork you've seen, a fully equipped theater, an 1800 bottle wine room adjoining a handcrafted bar, a master suite on it's own level with an exercise room, its own laundry, deck, and 2 beautiful and detailed closets Three wet bars, a main kitchen, an exterior kitchen, and a guest house kitchen. Four laundry rooms. Three elevators. Multiple patios and decks. A large temperature controlled four car garage in the main home, and a two car garage in the guest house. The 2 bedroom 2 bathroom guest house is separate and apart from the main residence. The home's infrastructure and mechanical systems are equally as impressive as it's visual design and functionality. The home has a water pressure system that maintains constant needed pressure throughout the home, regardless of the number of locations calling for water at the same time. The home is set on the side of Mummy Mountain, and enjoys the exterior mountain views, while allowing it's residents the ease of access to anywhere on the interior with the option of any of its' three elevators. This home is so dignifiedly understated from the street, and so sophisticated on the inside, that it may be the residential representative of, Speak softly and carry a big stick.

6018 N Saguaro Road Paradise Valley, AZ 85253

$6,599,000
5 Beds
7 Baths
7,193 SqFt
Status Active
MLS # 6780828
Property Type Single Family Residence
Price Type --
Nestled in a quiet cul-de-sac of only four homes, this charming Santa Barbara-style transitional residence offers timeless charm, tasteful updates, captivating views of Camelback Mountain and lushly landscaped grounds that are truly an oasis in the desert. The exceptional single level floorplan features 6,467 square feet in the main home with 4 ensuite bedrooms, 6 bathrooms, an office, a generous sitting room off of the primary bedroom, a fitness room, refrigerated wine room, and a 726 sq ft separate guest house. The privately gated driveway provides abundant room for parking in addition to the side-entry 4 car garage. A paver stone walkway leads the way to the home's inviting front entrance. Inside, a striking chandelier adorns the entry foyer, which overlooks the living room with a dramatic floor-to-ceiling chevron pattern stone tile fireplace, wood plank ceiling, and views of the lush backyard. The spacious kitchen is equipped with stainless steel appliances, stone countertops, a large center island, walk-in pantry, and a generous casual dining area. The kitchen flows into the large family room, which is perfect for both relaxing and hosting friends, with gorgeous outdoor views, a corner fireplace, a seated custom wet bar, and a refrigerated wine room with a modern mix of metal, glass and wood. You will love unwinding in the primary bedroom wing of the home. Picture windows frame the view of Camelback Mountain in both the primary bedroom as well as the adjacent sitting room, which is well-appointed with a fireplace and wet bar. The spa-like primary bath offers marble floors, dual vanities, a makeup counter, a walk through shower, a roman tub set in front of a stacked stone fireplace, and an exterior door that opens to a private gated courtyard that encloses a built-in spa. An oversized custom closet and a fitness room complete the primary suite. Adjacent to the primary suite, an executive office with built in shelving and a wood beamed ceiling overlooks the manicured front yard and includes a wet bar, private powder room, and a large walk in closet. On the opposite side of the home, three spacious guest bedrooms each have their own ensuite bathrooms and walk-in closets, ensuring privacy and comfort for all. The 726 square foot guest house, complete with a full kitchen, family room with fireplace, bedroom and bathroom, and its own covered patio, is a comfortable retreat for guests or extended family. Outside, the backyard is an enchanted garden, with mature trees and abundant foliage set against the backdrop of Camelback Mountain. A brick walking path lined with rose bushes and lush hedges traverses the yard from one side to the other. An expansive grassy play area, approximately 90 feet long, offers endless possibilities for outdoor fun. An enormous resort-worthy pool area with multiple water features is positioned perfectly to take in the view of Camelback. A deep covered patio with Chicago brick pavers provides ample room for dining and lounging, and offers a built-in barbeque and pizza oven. Just off of the covered patio is a large gas firepit with plenty of room for guests to gather around on a cool desert evening. This special property is conveniently located within minutes to Scottsdale Rd, Camelback Corridor, unlimited shopping and dining options, golf, and Paradise Valley's finest resorts and spas.

131 Amado Montosa Road Amado, AZ 85645

$6,500,000
6 Beds
8 Baths
5,400 SqFt
Status Active
MLS # 6787073
Property Type Single Family Residence
Price Type --
The 3,787 acre Montosa Canyon Ranch is the premier Gentleman's Ranch in Arizona. It is located 30 minutes south of Tucson in Santa Cruz County spreading out across 627 deeded acres of lush irrigated pastures and rich native grasslands. There are also 3,160 acres of State leased land adjacent to the deeded acreage creating a ranch that is second to none. The ranch is set amid the sweeping landscapes of southern Arizona between Green Valley and Tubac at an ideal 3,100-foot elevation where the days are warm and sunny and the nights cool and clear. With the towering Santa Rita and Tumacacori Mountains as its backdrop, the ranch has been developed to the very highest standards of quality artisan craftsmanship as an exceptional Spanish Colonial equestrian estate.

Sedona AZ 86336

$6,500,000
4 Beds
6 Baths
8,627 SqFt
Status Active
MLS # 6596238
Property Type Single Family Residence
Price Type --
Indulge in luxury and tranquility backdropped by panoramic Red Rock Views at 130 Hidden Meadow Drive. An iconic Sedona Haven, ideally situated on an elevated 1.71-acre lot backing to National Forest and residing in the prestigious neighborhood of Solitude at Seven Canyons. Tucked behind the two gates, this European Villa-style estate offers a private and secluded oasis simply a step above the rest. Meticulously crafted by skilled artisans with recently added conveniences & lifestyle upgrades, the level of craftsmanship and attention to detail is evident throughout. Designed by award-winning architect Terry Kilbane with the interiors designed by Tim Hawkins and constructed by Phil Morris. Enter through the private courtyard to the grand foyer featuring... ...antique Spanish Andalusian tile floors and a circular staircase. Main level living areas include the decadent living room, the formal dining room with dual wine cellars, a recently remodeled gourmet kitchen and a family room all connected to the outdoor terrace with stunning views from every window. The sprawling primary suite is also located on the first level and features a fireplace, access to three private courtyards, custom hand-painted cabinetry, marble and onyx countertops, dual walk-in closets, a separate dressing room, two water closets, separate tub/shower and an outdoor spa. The remainder of the first level offers an executive office/den, laundry room, workout/storage room, and a breezeway to the well appointed attached guest house perched above the three car garage. Take the elevator upstairs where each space has access to a private balcony. You'll appreciate the split floor plan with two en-suite bedrooms, media room & library. Embracing the Sedona Lifestyle, this property creates a peaceful equilibrium with outdoor living just as elaborate as the home itself. Centered around the negative edge pool, newly added outdoor kitchen, and numerous private courtyards, covered patios and sundecks with water features and fountains that beckon you to enjoy Sedona's mild four seasons. Each space is beautifully landscaped and accentuates the panoramic Red Rocks Views. Interior showcases custom doors and windows, French chandeliers, antique limestone fireplaces, Austrian hand-forged metal work, custom cabinetry throughout, and beautiful Spanish marble and French Oak floors. Additional amenities include Butler's pantry, technology conveniences from WiredUp, automatic draperies in the Media Room, radiant in-floor heating, an elevator, and a half bath on each level. See the list of features attached. This property sale includes a Resident's Membership to Seven Canyons Golf Club (A value of $75k+. Ask for details and transfer fee). Every aspect of this exclusive community embodies exclusivity and sophistication. Offering privileges to golf, clubhouse, restaurant, fitness center, pool, and access to Enchantment Resort. Only 5 miles to all other Sedona services. Book a private tour to experience the grandeur of this unique estate and luxury lifestyle in a one-of-a-kind setting.

24046 N 126th Place Scottsdale, AZ 85255

$6,500,000
4 Beds
4.5 Baths
5,476 SqFt
Status Active
MLS # 6717169
Property Type Single Family Residence
Price Type --
New gated community by Camelot Homes... Featuring sweeping mountain vistas and pristine desert surroundings, Shadow Ridge is the ultimate Scottsdale sanctuary. Boasting spacious lots, this follow-up to our award-winning White Horse and Bronco communities combines bright, contemporary design with timeless indoor-outdoor appeal, all in a highly desirable location a stone's throw from Tom's Thumb trailhead. **Home is offered with an 18-month leaseback, and 3-1 Month extensions (if needed).

11070 E Rolling Rock Drive Scottsdale, AZ 85262

$6,500,000
5 Beds
5.5 Baths
7,276 SqFt
Status Active
MLS # 6678211
Property Type Single Family Residence
Price Type --
Sitting at the top of Sunset Canyon this classic home with modern and Tuscan flavor is sure to amaze with incredible views, private cul de sac lot, amazing guest house/ private office, theatre room option, and two separate game/family, or exercise rooms. Oversized garage space with elevator to the main floor. Main floor living with chef's kitchen, family room, wet bar, primary bedroom suite and powder room. Additional bedrooms and multi purpose rooms are on the lower level. Some of the best views in all of Desert Mountain.