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.

4414 N 29th Street Phoenix, AZ 85016

$2,999,000
4 Beds
4.5 Baths
4,597 SqFt
Status Active
MLS # 6785885
Property Type Single Family Residence
Price Type --
Welcome to your dream home in the sought-after Biltmore neighborhood of Phoenix, AZ. Estimated to be completed in January of 2025, this contemporary property redefines modern living with its striking design, unparalleled features, and luxurious amenities. Situated on an expansive 13,000 square foot lot, this residence offers an impressive 4,600 square feet of meticulously crafted living space. From the moment you step inside, you'll be captivated by the seamless blend of sophistication and functionality. This home has a unique feature like no other: a certified bomb shelter. This versatile space presents endless possibilities, from a high-end wine cellar to a state-of-the-art card or multimedia room, offering a touch of exclusivity that will surely impress. With 4 spacious bedrooms and 4.5 opulent bathrooms, the property provides ample room for relaxation and entertaining. The modern design is enhanced by Sub-Zero/Wolf appliances, high-end light fixtures and faucets, reflecting a commitment to quality and luxury. The open-concept layout ensures a fluid transition between living spaces, while large windows invite abundant natural light, highlighting the home's sleek lines and contemporary finishes. Located just moments from the best shopping and dining Phoenix has to offer, this home not only offers an exceptional living experience but also places you at the heart of a vibrant community. Don't miss the chance to own this extraordinary property that blends modern elegance with unique features. Reach out today and discover the endless possibilities of this stunning Biltmore residence.

20202 N Las Vegas Road Prescott, AZ 86305

$2,999,000
4 Beds
4 Baths
3,400 SqFt
Status Active
MLS # 6788290
Property Type Single Family Residence
Price Type --
Las Vegas Ranch Estates will astound you w/ it's wide open views of mountain peaks, cattle and abundant wildlife. Enjoy room to roam on nearly 40 ac. that backs to Nat'l forest at Boot Creek Ranch. Large main house has vaulted ceilings w/ abundant natural light showcasing the many details from wood beams to a grand stone fireplace. Main & Guest home = 3400 sqft total, incl. gourmet kitchen w/ oversized island, 2 living rooms overlooking 2 covered patios & an inviting guest house w/ full kitchen and separate office space attached to an oversized 3 car garage. Soak in the Cowboy luxury tub on the backyard patio w/ hot & cold water. Watch as the cattle graze on the surrounding hills w/ daily sightings of wildlife. Walking or bike riding on paved roads are a delight to this gated community. This property can be split 2 more times with minimum 10 acres each. There is room for a barn to be added if you desire. The night skies are spectacular for stargazing in Northern Arizona. Welcome to your dream ranch here in Prescott Arizona.

18720 N 101st Street Unit 4000 Scottsdale, AZ 85255

$2,999,000
2 Beds
2.5 Baths
2,709 SqFt
Status Active
MLS # 6794279
Property Type Apartment
Price Type --
Experience unparalleled luxury living in this top-floor, 2-bedroom plus office penthouse condo at the prestigious ICON at Silverleaf ready for immediate occupancy. Offered fully furnished turnkey, this spacious great room floorplan features modern cabinetry, sleek quartz countertops, high-end Wolf/Sub-Zero appliances and accordion doors opening to an expansive patio, ideal for seamless indoor/outdoor living. Enjoy breathtaking views of the stunning sunsets, city lights and panoramic mountains down Valley, this home truly is the definition of Scottsdale's luxury private lock-and-leave lifestyle. Custom accent walls and coverings curated by Ownby Design and home automation by Crestron for convenience and comfort throughout. Situated in North Scottsdale's premier Silverleaf community, this residence provides the perfect balance of luxury and privacy, located just steps away from the Clubhouse and easy access to DC Ranch Market Street for dining and shopping. Silverleaf, located in North Scottsdale, Arizona, is a prestigious guard gated community known for its luxurious estates, exclusive golf course, private Club and stunning desert landscapes. The Tom Weiskopf-designed Silverleaf Golf Course is a highlight for golf enthusiasts. With a blend of Spanish and Mediterranean-inspired architecture, the community offers a high standard of living, including upscale amenities like spas, fine dining, and exclusive shopping. Residents enjoy a harmonious balance between modern luxury and the natural beauty of the desert environment, making Silverleaf a sought-after destination for those seeking an exceptional lifestyle in North Scottsdale.

6924 E Stagecoach Pass Carefree, AZ 85377

$2,999,000 - 3Br/4Ba -  for Sale in Carefree Plat 3b, Carefree
Open House
$2,999,000
3 Beds
3.5 Baths
4,400 SqFt
Status Active
MLS # 6755398
Property Type Single Family Residence
Price Type --
On the southeast side of Carefree's Black Mountain. This hillside landmark residence was designed by the legendary Carefree architect Gerry Jones. One of a kind desert contemporary home with stunning views of the Boulder pile, Pinnacle Peak, McDowell Mountains, and city lights. Only a block from the Boulders resort. Private gate. No HOAs. Nestled in the boulder outcroppings. You will find the pool and outdoor spaces in the most private setting with amazing mountain and city lights views. The home has been designed with such harmony w/ nature and seamlessly blending the living space to the outdoors. Lots of recent upgrades & improvements. You will be impressed and captivated. Rare opportunity to own an iconic residence. Perfect private vacation golf getaway or year-round residence

10384 E Loving Tree Lane Scottsdale, AZ 85262

$2,997,000
5 Beds
5.5 Baths
4,401 SqFt
Status Active
MLS # 6790332
Property Type Single Family Residence
Price Type --
Exquisite Desert Retreat in the Prestigious Desert Mountain Golf Community Nestled in the highly coveted Desert Mountain golf community, this impeccably remodeled residence offers an exceptional blend of modern sophistication and contemporary design. Completed in 2022, the home showcases clean architectural lines, a timeless color palette, and luxurious finishes throughout. A state-of-the-art kitchen serves as the heart of the home, featuring a striking 288-bottle glass wine rack and a grand island with an induction stove, perfect for both casual gatherings and formal entertaining. Premium quartzite and marble accents complement the stone-grain tile floors, creating a cohesive and refined aesthetic. The private backyard is an idyllic sanctuary, offering panoramic mount views and the perfect setting for outdoor living. A sparkling pool and jacuzzi, along with a built-in barbecue, provide an entertainer's paradise. The natural desert landscaping ensures a low-maintenance lifestyle, ideal for the discerning lock-and-leave homeowner. A detached casita adds flexible living space, offering privacy for guests or an opportunity for a home office. The expansive living areas and well-appointed guest suites create an inviting atmosphere for entertaining or simply relaxing in comfort. The serene primary suite is a true retreat, featuring a spa-like bathroom with a luxurious steam shower. With its blend of high-end design, functional living spaces, and unparalleled desert vistas, this turnkey home represents the pinnacle of desert luxury living. Perfectly positioned to take full advantage of the Scottsdale lifestyle, this residence offers a rare opportunity to experience the finest in desert mountain living.

4680 W Distant View Trail Prescott, AZ 86305

$2,995,900
5 Beds
7 Baths
5,846 SqFt
Status Active
MLS # 6791881
Property Type Single Family Residence
Price Type --
Sprawling Private Estate in American Ranch. Gorgeous custom 5-bdrm home w/ Amazing views throughout and a double lot! Great Single level living already designed for an elevator. Gated flagstone courtyard surrounding a rose garden & a large front porch with lots of room for outdoor living. The kitchen features custom cherry wood cabinets, a dreamy white antiqued island w/ raised granite countertop, baking station, fireplace, & a butler's pantry. Great room w/ Stunning fireplace, Brand New Brazilian cherry hardwood and triple sliding doors opening onto the patio and views of Granite Mtn. Master bdrm w/ cozy fireplace & adjoining office w/ custom built-in desk. Spacious master bathroom w/ Jacuzzi double tub & double shower. Full game room and theater room w Great room w/ Stunning fireplace, Brand New Brazilian cherry hardwood and triple sliding doors opening onto the patio and views of Granite Mtn. Master bdrm w/ cozy fireplace & adjoining office w/ custom built-in desk. Spacious master bathroom w/ Jacuzzi double tub & double shower. Full game room and theater room with staggered & a butler's pantry

4849 N Camelback Ridge Road Scottsdale, AZ 85251

$2,995,000
2 Beds
2.5 Baths
2,157 SqFt
Status Active
MLS # 6636465
Property Type Apartment
Price Type --
Tucked at the base of revered Camelback Mountain, Ascent is a new, private residential enclave adjacent to The Phoenician Resort - one of Arizona's premier luxury resort destination. This community incorporates the Sonoran Desert landscape directly into its design, at the most enviable location in Scottsdale. Ascent offer views overlooking the Valley & Camelback Mountain. Home designs feature contemporary architecture integrating warm, natural materials, expansive windows, and large outdoor patios. Thoughtfully designed by Nelsen Architects and Vallone Interior Design. Luxury finishes include exquisite Bulthaup Kitchens, Provenza wood floors, Sub Zero Wolf appliances & 10' ceilings.

4407 N 37th Way Phoenix, AZ 85018

$2,995,000
5 Beds
5.5 Baths
4,192 SqFt
Status Active
MLS # 6774889
Property Type Single Family Residence
Price Type --
Welcome to your dream home in one of Arcadia's most desirable gated neighborhoods. This timeless residence masterfully blends classic elegance with modern design, featuring numerous custom upgrades throughout. This expansive 5-bedroom, 5.5-bathroom home includes a luxurious first-floor primary suite, each bedroom boasting its own en- suite bathroom for ultimate comfort and privacy. The loft area provides additional space for relaxation or entertainment. Step inside to discover custom millwork, an elegant iron staircase, and striking iron beams that enhance the home's architectural beauty. Soaring ceilings create an airy ambiance, complemented by high-end custom hardware, fixtures, and window treatments. The garage features a 220-volt outlet, perfect for EV charging. Nestled on a completely private cul-de-sac lot with north-south exposure, this home offers abundant natural light and breathtaking mountain views. The two distinct backyards are designed for relaxation and entertainment, complete with a sparkling pool, cozy fireplace, two custom-built pergolas, a misting system, built-in BBQ, and lush artificial turf. The chef's kitchen is a culinary dream, equipped with top-of-the-line Subzero and Wolf appliances, a spacious eat-in area, and a large islandideal for gatherings and family meals. Located just a short walk from popular spots like La Grande Orange, Postino, Ingo's, and Chelsea's Kitchen, this home offers not just luxury but also a vibrant lifestyle. Don't miss your chance to own this exquisite property in the heart of Arcadia!

10040 E Happy Valley Road Unit 243 Scottsdale, AZ 85255

$2,995,000
3 Beds
2.5 Baths
4,320 SqFt
Status Active
MLS # 6737328
Property Type Single Family Residence
Price Type --
Step into elegance with this beautifully remodeled home featuring three significant upgrades. A long, private driveway welcomes you to an open-concept space with soaring 30 ft. ceilings, large windows, and sliding glass doors that frame breathtaking mountain views. The property includes two custom-designed water features and a spacious deck, perfect for entertaining. The Desert Highlands community offers unparalleled amenities, such as a Jack Nicklaus signature golf course, a comprehensive tennis center, pickleball courts, a fitness center, and a luxury country club.

24882 N 124th Street Scottsdale, AZ 85255

$2,995,000
3 Beds
3.5 Baths
3,939 SqFt
Status Active
MLS # 6761816
Property Type Single Family Residence
Price Type --
Discover your dream home in the prestigious Troon North, renowned for its exceptional desert golf experience. This stunning newly built residence boasts 3,939 sqft of sophisticated living space on a sprawling 1.68-acre cul-de-sac lot. Step inside to find an expansive open floor plan featuring a great room setup, ideal for modern living and entertaining. The layout includes 3 bedrooms with on-suite luxurious bathrooms, with upgraded tile flooring and exquisite cabinetry. The chef's kitchen is a culinary haven, equipped with a Wolf stove, a Subzero fridge and a butler's pantry with a bar counter right next to the dining room perfect for creating gourmet meals while enjoying the company of family and friends. The master suite is a true sanctuary, featuring a custom closet and an a master bathroom that has been thoughtfully designed with a separate tub and walk-in shower. Additional features include a bonus room that could also be used as a bedroom, with at attached den. Enjoy the practicality of an oversized garage with epoxy flooring, added garage closets, and a convenient drop zone. The professionally landscaped backyard is a private oasis, complete with a sparkling swimming pool, BBQ area, and extensive hardscape for entertaining.

21330 N 78th Street Scottsdale, AZ 85255

$2,995,000
5 Beds
4.5 Baths
4,089 SqFt
Status Active
MLS # 6763817
Property Type Single Family Residence
Price Type --
Welcome to this stunning, fully remodeled home in the prestigious guard gated section of Raptor Retreat in Grayhawk, North Scottsdale. Designed with modern elegance and thoughtful functionality, this residence showcases exceptional craftsmanship and luxurious details throughout.The spacious split floorplan is highlighted by rich European oak wood flooring and abundant natural light streaming through large windows, offering serene views of the open desert landscape. The heart of the home, the kitchen, is a true showpiece, featuring custom flat-panel cabinetry and exquisite Taj Mahal and Panda marble countertops—perfect for casual meals or entertaining guests in style.Every living area is a private retreat, surrounded by lush greenery and backing to a tranquil desert wash. Outside, more The Updated modern pool Outside, the sparkling pool takes center stage, complemented by a harmonious blend of turf and stone walkways, patios, and lounging spaces. Spend your evenings enjoying the firepit or hosting gatherings at the built-in BBQ, creating unforgettable memories in this idyllic setting. Located in a sought-after golf community, this home is just a short walk to top-rated schools, Grayhawk Golf Club, Isabella's and Phil's Grill, parks, and nearby shopping and dining. It's also conveniently close to HonorHealth Scottsdale Thompson Peak Medical Center, Mayo Clinic, and more. This exceptional property offers the perfect balance of luxury, comfort, and conveniencean ideal retreat in the heart of North Scottsdale.

36975 N Mirabel Club Drive Scottsdale, AZ 85262

$2,995,000
4 Beds
4.5 Baths
4,002 SqFt
Status Active
MLS # 6764283
Property Type Single Family Residence
Price Type --
VERY RARE 4 bed, 4.5 bath plus flex room golf villa in the Mirabel Club w/ an even more rare 3 car garage and access to a FULL GOLF MEMBERSHIP per club bylaws & application approval. This home has extensive upgrades inside & out. The spacious master suite has 2 walk-in closets & a cozy fireplace and large sitting room. Enjoy the large open, split floor plan & separate entry guest casita. Each bedroom has its own ensuite bath. The great room has a stone fireplace and vaulted ceilings with wood beams. The kitchen is complete with Wolf/Subzero/Cove appliances, custom cabinetry, large walk-in pantry, & custom granite. Multiple sets of cedar French doors bring the outside in. The private backyard backs up to open space w/ mountain views. The pool & spa includes 3 soothing waterfalls.