3 Things to Consider Before Renting to Students

Whether 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.

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41621 N 54th Street Cave Creek, AZ 85331

$4,275,000

4 Beds

5 Baths

4,682 SqFt

Status Active

MLS # 6794293

Property Type Single Family Residence

Price Type --

Discover unparalleled beauty and tranquility in this Gerry Jones-designed masterpiece, perfectly perched on 12½ secluded acres. Offering breathtaking 360º views, this estate showcases stunning vistas of Black Mountain, Tonto National Forest, and the charming town of Cave Creek below. A true architectural gem, the block home boasts four private ensuite bedrooms. The living room features a dramatic wall of windows framing the captivating scenery, a stone fireplace, and vaulted redwood ceilings that create a grand atmosphere. The updated kitchen is a open to the dining area, while the split primary suite offers a private retreat with dual baths for ultimate convenience and comfort. This gated estate is a haven for both relaxation and recreation. Step outside to enjoy a brand-new pool, a tennis/pickleball court, and wrap-around patios with built-in cushioned bancos, perfect for entertaining or watching abundant wildlife. Horse enthusiasts will appreciate the four covered stalls with automatic waterers and a 100x80 turnout. Despite its peaceful seclusion, the property is only five minutes from Cave Creek's vibrant shops and restaurants, and less than 15 minutes from the amenities of Scottsdale. A paved road is scheduled to enhance access, adding to the convenience of this exceptional location. This is a rare opportunity to own a home where luxury, nature, and convenience converge. Whether you're enjoying the sunsets from your wrap-around patio or exploring nearby trails, this estate is a true slice of paradise.

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21530 W Granite Ridge Road Buckeye, AZ 85396

$4,250,000

4 Beds

4.5 Baths

6,231 SqFt

Status Active

MLS # 6543828

Property Type Single Family Residence

Price Type --

This one-of-a-kind mountainside Villa is located on an acre+ golf course lot, nestled into the base of White Tank Mountains overlooking the Signature 12th Green of The Verrado Founders Course. A true architectural masterpiece of quality craftsmanship and the finest materials make this a unique buying opportunity for the most discriminant of Buyers. Meticulously designed to blend into the natural desert surroundings, this home features too many custom finishes to list them all. A stunning and dramatic Great Room with reclaimed Truss beams spanning the full length of this truly ''Great Room''. Panoramic mountain and golf course views from every window and balcony. A Gourmet Kitchen with Sub-Zero and Wolf appliances and your very own wood burning pizza oven are an entertainer's dream. Beautiful ceiling and architectural details throughout this residence. A large covered patio anchors the backyard retreat where you will find a built-in BBQ, lounge area, fire-pit and negative edge swimming pool and spa. This 6,231sqft estate home comes complete with 4 Bedrooms, 4.5 Baths, Bar, Formal Dining Room, Atrium, Theater Room, Private Office, 4 fireplaces and much much more. Inquire about a private tour of this property today.

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22218 N Church Road Scottsdale, AZ 85255

$4,250,000

3 Beds

3.5 Baths

5,337 SqFt

Status Active

MLS # 6777431

Property Type Single Family Residence

Price Type --

Set on nearly two acres of pristine desert landscape in the coveted heart of North Scottsdale, this architectural masterpiece offers a rare combination of privacy, luxury, and panoramic beauty. Situated on a private 1.9 Acre elevated lot with southern exposure, the residence is an exquisite fusion of design and nature delivering a trifecta of breathtaking views of majestic peaks, glittering cityscapes, and unforgettable sunsets. Designed by world-renowned contemporary architect John Lumsden of L2ds Design, every detail of this home exudes sophistication and timeless elegance.Inspired by Frank Lloyd Wright's iconic use of open floor plans, horizontal lines, and integration with nature, the architecture harmonizes effortlessly with the surrounding desert, balancing form and function...... The abundance of expansive windows blurs the boundary between indoors and out, creating a seamless flow that invites the surrounding landscape into every corner of the home. The generously proportioned eaves artfully shield the home from direct sunlight, enhancing both energy efficiency and year-round comfort. Soaring ceilings and sleek, minimalist lines offer a gallery-like ambiance, ideal for showcasing art collections. Meandering pathways weave through thoughtfully curated, mature desert flora, evoking the tranquil atmosphere of the Desert Botanical Garden and transforming the home into a serene retreat. Recent upgrades include a new concrete tile roof, pavers, upgraded garage doors, car charger, whole-home reverse osmosis filtration system, updated flooring and new HVAC systems.

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36389 N 105th Place Scottsdale, AZ 85262

$4,250,000

6 Beds

8 Baths

7,511 SqFt

Status Active

MLS # 6764817

Property Type Single Family Residence

Price Type --

This is the best value price /SQFT in the north valley! This transitional contemporary is a perfect multi-generational home with 6 bedrooms ensuite, one of which is a two level attached guest suite. Keep all of your cars and toys onsite in the cavernous 30 x 60 garage that can fit up to 8 cars. Enjoy expansive views over the McDowell Sonoran Preserve and Tonto National Forest with direct access less than a mile away. The home has the perfect set up for entertaining with 900 bottle glass wine room, game room mezzanine, Media room, outdoor kitchen with pizza oven and several spacious view patios. Located in the private golf community of The Mirabel Club which offers world class golf, fitness, gourmet restaurant, pickle ball, and tennis.

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25 Cibola Drive Sedona, AZ 86336

$4,250,000

3 Beds

3 Baths

3,367 SqFt

Status Active

MLS # 6764640

Property Type Single Family Residence

Price Type --

Welcome to Sedona's Best ENTERTAINER' VIEW Dream Home, a stunning 5,411 sq ft SOLAR residence designed for those who love to host friends and make memories! With breathtaking views to the North and the majestic Mogollon Rim to the east, this home is a sanctuary of luxury and convenience, featuring an elevator for easy access to both levels. Step inside this exquisite 3-bedroom, 3-bathroom home, where the heart of the property is the expansive 1,575 sq ft Party Room. This spectacular space boasts soaring 12 ft ceilings, a Sit-Up Bar for 6, a Commercial Indoor BBQ, and wine fridges, making it perfect for entertaining. Imagine gatherings around the fireplace or hosting lavish dinners for 10 or charity events for 80, all while enjoying ample room for a grand piano and your guests' delight. Open the impressive window wall to seamlessly transition from the Party Room to your 735 sq ft Convertible Indoor/Outdoor Pool area, featuring a jacuzzi and an intricate lighted mosaic with a pebble water wall: an oasis you can enjoy year-round! The Great Room is a masterpiece, showcasing wood ceilings and exposed trusses, complete with a Chef's Kitchen w/ Pass through to the Party Room, Bar seating for 6 to watch a Chef's Demonstration on the gas cooktop island, MASSIVE Butlers' Pantry, & an additional Dining Room for 8. Cozy up near the fireplace as you take in the stunning views, or step out onto your massive deck for al fresco dining and sunset happy hours. The first level also features a versatile 3rd bedroom currently used as a home gym, complete with a separate living area and kitchenette. The Guest Bedroom Suite and bath offer the ideal retreat for your visitors, ensuring privacy and comfort. Additional amenities include multiple HVAC zones, remote shades, charming Lucy Paradise stained glass accents, and a Home Hydrant Talco Fire Safety System. Every detail has been meticulously curated for your convenience and peace of mind. This is a must-see in person!

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7201 N 23rd Place Phoenix, AZ 85020

$4,200,000

4 Beds

4.5 Baths

5,645 SqFt

Status Active

MLS # 6754404

Property Type Single Family Residence

Price Type --

Ah, there you are. It's me, the ''House in the Rock,'' standing proudly at the edge of Piestewa Peak, waiting for someone who truly understands the art of living. I'm not just a home—I am a sanctuary, born from the earth, crafted from steel, glass, and stone. My spirit flows with the energy of the mountain, grounding you as my elevator lifts you toward the clouds.Step inside, and feel the power of the land itself, framed in glass, inviting you to lose yourself in my mesmerizing views. My walls of corten steel and raw rock create a fortress of luxury, a timeless masterpiece designed for someone who appreciates strength, beauty, and serenity.I'm not for everyone. I seek an owner who yearns for more than just a house—someone who desires a home that speaks to the soul. If that's you, come claim me. Together, we'll live as one with the mountain. Oh, and if you'd like to meet me in person, I'll be open for a preview on December 19th from 5 to 8. Don't keep me waiting too longI'm quite the catch.

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3933 E Rancho Drive Paradise Valley, AZ 85253

$4,200,000

6 Beds

5.5 Baths

7,655 SqFt

Status Active

MLS # 6757463

Property Type Single Family Residence

Price Type --

The property boasts stunning, uninterrupted views of Camelback and Praying Monk Mtns. The previous home was demolished, leaving an oversized 3-car garage and a 884 +/- sq.ft. guest home sitting on over 1.2 acres. You can live in the guest home while building your dream house. The modern guest home has one bedroom but can be converted into a two-bedroom home, with one bathroom, a full kitchen, laundry, and separate parking (built in 1994). This beautiful corner lot, featuring desert landscaping, has a heated pebble tech lap pool & spa, a labyrinth, & a lovely lounging area to enjoy the breathtaking Arizona sunsets. The property is located in the heart of P.V, close to major shopping, dining, hiking and biking trails &commute routes.

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2652 E Pelican Court Gilbert, AZ 85297

$4,200,000

5 Beds

6.5 Baths

7,018 SqFt

Status Active

MLS # 6768273

Property Type Single Family Residence

Price Type --

Exceptional Entertainer's Dream Home with Multi-Generational Living in Gilbert, AZ Welcome to this stunning resort-style residence that offers the ultimate in luxury living and entertainment, while also being perfectly suited for multi-generational living. Nestled in the heart of Gilbert, this one-of-a-kind property, located in a gated and guarded community, is designed for those who love to entertain, relax, and create lasting memories with family and friends. Key Features: ●

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31002 N 56th Street Cave Creek, AZ 85331

$4,200,000

4 Beds

3.5 Baths

3,046 SqFt

Status Active

MLS # 6777013

Property Type Single Family Residence

Price Type --

Seamless Blend of Elegance and Function will Amaze when you walk into this Sophisticated Home. Completely Remodeled in 2020 with carefully chosen appointments crafted for a one of a kind living experience. Kitchen features extra large island where your guests and family will love gathering next to the great room. Downstairs Master has retractable door to patio and private Spa. It's bath has a huge steam room/shower. Custom hanging rods in the closet. Tasteful ambient lighting sets off the double sinks. This artist owned and designed home continues the sophistication up the modern stairway to three additional bedrooms, two bathrooms and a large fully functional art studio. This could be an extra guest bedroom or office area. Large balcony enhances upstairs lifestyle. SEE MORE Your horses will appreciate their new insulated barn with padded flooring, radiant heating lights & oscillating fans in every 20 x 24' stall. They also have walk outs on all 5 stalls. There is a large 1500 sq ft Casita with office, workout area, bedroom and kitchen, plus bonus storage with washer and dryer. That's not all. Huge covered parking for your big rigs & motor home. Plenty of turn around space with a large open driveway. All the facility is security locked behind a privacy gate.

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6715 E Montecito Avenue Scottsdale, AZ 85251

$4,200,000

5 Beds

6.5 Baths

4,540 SqFt

Status Active

MLS # 6658706

Property Type Single Family Residence

Price Type --

This stunning Scottsdale home nestled one street over from Exeter. This custom home features an abundance of space and elegance provided by this meticulously designed home. The main house boasts four bedrooms and four and a half bathrooms, offering ample room for relaxation and privacy. The tastefully decorated interiors create an atmosphere of refinement and comfort throughout. Experience unrivaled comfort with ceiling fans and remote blackout blinds throughout the property. The main house features a stylishly appointed gourmet kitchen equipped with best-in-class stainless steal appliances, Stunning quartz countertops, an oversized island perfect for entertaining. This beautiful open concept living area offers luxury at its finest. Exquisite resort-like amenities: Step into your private oasis. Lounge by the shimmering swimming pool, sit around the state-of-the-art firepit, and enjoy alfresco dining on the expansive patio. Fire up the BBQ grill for a delightful cookout or simply savor the tranquility of the beautifully landscaped backyard. The attached casita is adjacent to the main house, the casita Living area offers a separate haven for additional privacy. It features a private entrance, a well-appointed bedroom, a fully equipped kitchenette, and a bathroom. Perfect for couples or those seeking extra space, the casita ensures a tranquil and exclusive retreat. spacious bathroom w/ 2 vanity sinks + an expansive walk-in rainfall shower and separate soaking tub

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10801 E Happy Valley Road Unit 108 Scottsdale, AZ 85255

$4,200,000

4 Beds

4.5 Baths

5,350 SqFt

Status Active

MLS # 6679843

Property Type Single Family Residence

Price Type --

This stunning Terry Kilbane-designed home sits on an interior, acre+ corner lot w/city light & mountain views in guard gated Glenn Moor at Troon. Excellent curb appeal w/stucco, copper, & natural stone accents along w/gorgeous landscaping. Step into an ideal layout w/large great room w/butt glass windows that highlight the city light views along w/3 ensuite bedrooms plus an office, a casita, & 4.5 baths. Formal dining w/b-in buffet, wine room, & gourmet kitchen w/subzero fridge, Miele steamer, warming drawer, double ovens, gas cooktop, dual sinks, & additional wine fridge. Custom touches throughout such as tongue & groove ceilings, Vega poles, concrete floors w/custom stone inlays, knotty alder cabinets w/brushed nickel hardware, pocket door in kitchen, 3 fireplaces, & tons of built-ins. Back yard was designed for outdoor living w/negative edge pool & spa, b-in heaters, bbq, fireplace, tons of covered patio & decking, & tremendous city light views. This home has been very lightly lived in as a second home and feels both warm and modern. Rare to find this combination of quality, views, & functionality. All this within 10 minutes os tons of golf courses, hiking/biking trails, shopping, dining, & all of the other amenities Scottsdale has to offer

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160 N Shore Lane Gilbert, AZ 85233

$4,199,999

6 Beds

5 Baths

5,932 SqFt

Status Active

MLS # 6784961

Property Type Single Family Residence

Price Type --

Introducing an extraordinary estate located in the most established and coveted regulation ski lake in Arizona. Upon entry to the exclusive gated community of Crystal Point Estates, you will find a ½ mile lake spanning with islands on each end. As you make your way to your waterfront home, you are welcomed by a soaring entry with captivating lake views and rich finishes. Gourmet kitchen delivers two ovens, icemaker, RO, granite & quartz counters, and a wet bar which opens to seamlessly blend indoor-outdoor living. Primary Suite features rooftop hot tub, private patio, spa-like bathroom w/ standalone tub, flawless tiled shower, kitchenette/laundry room combo, coffee bar, designated safe room and sophisticated firearm storage, and an elegant closet. Home boasts premiere amenities such as transparent wine/liquor display, theater room, 2 laundry rooms, smart toilets, and EV charging station. Enjoy the vibrant scenery outdoors by your heated pool & spa, covered boat dock with rooftop deck, or distinguished firepit nestled along the sandy shoreline. This home impeccably combines luxury living, high end entertaining opportunities, and waterfront attractions. Truly a one-of-a-kind, where design and location cannot be replicated. Be sure to watch the remarkable video!

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