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.

11250 W Prospector Drive Queen Creek, AZ 85144

$2,800,000
4 Beds
4.5 Baths
4,280 SqFt
Status Active
MLS # 6775374
Property Type Single Family Residence
Price Type --
STUNNING 4 bed 4.5 ba custom estate in GATED Santo Vallarta! Spacious open floor plan features high ceilings w/ wood beams & bright natural light. GOURMET KITCHEN w/ custom soft-close cabinetry, premium Wolf appliances incl GAS range, quartz counters & backsplash, oversized island + butler's pantry. Split master suite w/ direct access to backyard, spa-like en suite bath & walk-in closet. Resort style backyard offers outdoor kitchen, expansive covered patio, sparkling pool w/ water features & spa, gas firepit & BREATHTAKING views of the San Tan Mountains. Home features a 3cg + RV garage w/ hookups & EV charger, tankless water heaters, Control4 Smart Home system to manage the security system, AC & pool. Located on a N/S cul-de-sac lot, just minutes from local amenities, shopping & dining. Step into the expansive open-concept living space, where natural light pours through the large sliding doors that lead to the backyard, blending indoor and outdoor living effortlessly. The living area flows into the gourmet kitchen, equipped with Wolf appliances, a propane stove, and custom soft-close cabinets, all accentuated by sleek quartz countertops. For the culinary enthusiast, the butler's pantry provides extra storage and prep space, ideal for entertaining. The backyard is an entertainer's dream, complete with a custom pool featuring an acrylic glass panel, a spacious covered patio, and a fully equipped outdoor kitchen. Unwind by the pool or take advantage of the Control4 Smart Home system, which seamlessly manages the home's security, cameras, AC, and pool with the touch of a button. Automatic and manual window treatments throughout the home ensure privacy and comfort at all times. For car enthusiasts or RV owners, this property offers a rare finda 3-car garage plus a massive RV garage measuring 21x49 feet, complete with a 50-amp charger for electric vehicles, an RV dump station, and a 220V outlet. The home also features a double washer and dryer setup in the laundry room for added convenience. Luxury extends beyond the main living areas. The home is outfitted with two tankless water heaters, one located inside the garage and the other outside, ensuring an endless supply of hot water. The quartz countertops continue into the bathrooms, each designed with the same meticulous attention to detail. The primary suite offers a true retreat with direct access to the backyard, a spa-like en-suite bathroom, and ample closet space. Outside, the beautifully landscaped yard includes a outdoor shower, kitchen, garden and storage shed, offering extra utility for homeowners. Situated at the end of a cul-de-sac on a North-South-facing lot, this home ensures maximum privacy and optimal sunlight throughout the day. Key highlights of this home: Butler pantry Custom pool with acrylic glass panel All Wolf appliances Control4 Smart Home system Quartz countertops and custom soft-close cabinets RV garage (21x49) with dump station, 220V (50-amp) EV charger Smooth stucco finish and foam insulation to the deck Outdoor kitchen and shower Tankless water heaters inside and outside garage Gated community with cul-de-sac location Split floor plan for privacy Outdoor kitchen and garden This property embodies luxury, convenience, and smart living. Located just minutes from local amenities, shopping, dining, and recreational activities, you'll experience the best of Queen Creek living in this extraordinary custom home.

25 E Foxboro Road Munds Park, AZ 86017

$2,800,000
3 Beds
2.5 Baths
3,000 SqFt
Status Active
MLS # 6788186
Property Type Single Family Residence
Price Type --
ABSOLUTELY STUNNING Handcrafted Full-Scribe Log Home Nestled Among the Tall Pines and Backing National Forest Property for the Ultimate Mountain Living Experience. This Classic 3000-Square-Foot 3 Bedroom Ranch Style Home has been Featured in the ''Curb Appeal'' Issue of Log Cabin Homes Magazine. From the Western Red Cedar Logs to the Oak Flooring, From the Wapiti Rock Fireplace to the 750 Square Foot Covered Patio, No Expenses Were Spared! The Kitchen has a Wide-Open View of the Rest of the House, Including the ''Family Tree'' a Timber that Supports the Roof Structure from Within. Wolf Appliances, Expansive Granite Countertops, a Large Eat-In Island that Comfortably Sits 4 and Abundant Natural Light Makes for an Environment Like No Other. Please Book Your Very Own Private Tour Today!

3079 E Fruitvale Court Gilbert, AZ 85297

$2,800,000
6 Beds
7 Baths
6,051 SqFt
Status Active
MLS # 6721005
Property Type Single Family Residence
Price Type --
This 6 bedroom, 7 bath home has it all! Theater room, interior courtyard, a full-sized lap pool/spa, putting green, 4 car garage w/ storage. The list goes on. This home has also been upgraded with a 30'x60' RV garage with hook up and sewage drain, along with storage cabinets and a sink. It also has an exterior half bathroom that serves the shop and pool area. This beautiful home's exterior has been freshly painted, the pool was upgraded in the last month, resurfaced and new waterline tile added, the baja step was extended, and barstools installed for swim up effect. The pool also received new updated equipment. The turf in front yard along with a paver round-a-bout drive for extra parking were also additions recently completed. This home is great for entertaining and calls for lots of fun

7520 S Estrella Parkway Goodyear, AZ 85338

$2,800,000
4 Beds
4 Baths
4,600 SqFt
Status Active
MLS # 6719816
Property Type Single Family Residence
Price Type --
Beautiful Mid-Century Estate offering a blend of luxury, privacy & investment potential! SELLER FINANCING AVAILABLE! An Entertainers Dream perfectly situated atop 5 mountainside acres with panoramic views of the Phoenix Skyline. Enter an inviting foyer with soaring ceilings setting the tone for the elegance found throughout. Natural light floods the bright kitchen & dining area. The family room boasts vaulted ceilings & a cozy fireplace. The living space comprises 4 bedrooms, 2 flex rooms & 4 bathrooms. Outside enjoy Palm Trees, BBQ Island, Fire Pits & a Cooled Patio Room +Entertainment Barn w/AC! Zoned commercial/residential PAD, Underground power/city water/gated driveway. No HOA. 220V EV Charger in Garage. Perfect for Business or Private Estate. 10 additional acres MLS: 6719816

2402 E Esplanade Lane Unit 902 Phoenix, AZ 85016

$2,800,000
2 Beds
3 Baths
3,542 SqFt
Status Active
MLS # 6738813
Property Type Apartment
Price Type --
Nestled in the heart of the prestigious Biltmore area of Phoenix, this luxurious ninth-floor condominium residence offers over 3,500 square feet of contemporary elegance. The expansive floor plan features impressive entertaining spaces with breathtaking views to the downtown Phoenix skyline and beyond. Floor to ceiling windows plus two oversized balconies highlight these vistas and provide ideal natural light. As expected, top-of-the-line finishes and modern design elements abound, from beautiful light real oak wood floors to Wolf, Subzero and Miele appliances. Twp private and separated en suite bedrooms plus a dedicated office/study and powder room complete this perfect home. Esplanade Place offers true luxury lock and leave living along with the highest standards for residence security, including on-site guard, controlled garage and floor access, on-site valet, full exercise gym and steam rooms, large club room for entertaining with catering kitchen, roof-top pool, gas grills for residents plus a dedicated dog run area. Condominium residences of this size and level of finish are difficult to find in the greater Phoenix/Scottsdale market. This offering is truly a gem!

23832 N 112th Place Scottsdale, AZ 85255

$2,800,000 - 4Br/5Ba -  for Sale in Troon Ridge Estates 3 Lot 1-30 Tr A, Scottsdale
Open House
$2,800,000
4 Beds
4.5 Baths
4,915 SqFt
Status Active
MLS # 6744119
Property Type Single Family Residence
Price Type --
Discover the epitome of luxury living w/this stunning custom Santa Fe home, perfectly positioned on a sprawling 1.25-acre lot in scenic Troon Ridge Estates. Embrace unparalleled privacy and serene mountain, golf course & sunset views from this exquisite property. The main residence seamlessly blends classic Southwestern charm w/modern sophistication. Inside, you'll find warm wood floors & stunning ceilings adorned w/rich wooden beams. Latilla wood shutters add an authentic touch while allowing natural light to flood the space. The updated interiors include a walk-in wine cellar w/a tasting room, perfect for wine enthusiasts and entertaining guests. The reimagined upstairs primary suite offers a haven of tranquility. This closet is designed as a multifunctional space... This closet is designed as a multifunctional space serving also as a sitting room/office and the spa-quality bathroom creates a serene retreat. Step outside to your private oasis, featuring a backyard designed for relaxation and entertainment with pool, fireplace, outdoor kitchen and acoustic amphitheater. Adjacent to the main home is a newly remodeled detached guest house, offering privacy and comfort for visitors. This charming addition complements the main residence with its own unique blend of style and modern updates.

25564 N 119th Street Scottsdale, AZ 85255

$2,799,995
3 Beds
4.5 Baths
4,330 SqFt
Status Active
MLS # 6728699
Property Type Single Family Residence
Price Type --
This STUNNING plan with award winning exterior design in a gated community can be yours at Toll Brothers at Ranch Gate Estates! Generous 65,600 sqft (estimated) home site size. This Mariola home design boasts dramatic ceilings up to 12' tall with 3 bedrooms, 3.5 bathrooms, a primary retreat, a flex room and an added bonus room. The dramatic interior courtyard welcomes great opportunity for indoor/outdoor living and the perfect ambiance to entertain family and friends. Two sets of large stacking doors off the dining room along with a 90-degree corner sliding door at the great room welcome a light-filled home along with bringing views to the outdoor living from all angles inside the home. Close proximity to the McDowell Mountains for hiking and biking. November 2024 move in date!

12313 N 93rd Way Scottsdale, AZ 85260

$2,799,990
4 Beds
4.5 Baths
5,117 SqFt
Status Active
MLS # 6675558
Property Type Single Family Residence
Price Type --
Up to 3% of Base Price or total purchase price, whichever is less, is available through preferred lender. The stunning Sterling model comes complete with landscaping in both the front and back yards, as well as a spacious four-car tandem garage. The kitchen is adorned with KitchenAid Pro Premier Appliances and features a thoughtfully planned cabinet layout. In the foyer, a trey ceiling adds elegance, while the great room is highlighted by a multi-panel center sliding glass door. Additional luxuries include an AV built-in with a fireplace, a guest suite with a living area, and a lavish owner's bath. All conveniently situated in the sought-after Cactus corridor.

5010 E Calle Redonda -- Phoenix, AZ 85018

$2,799,000
4 Beds
3.5 Baths
3,156 SqFt
Status Active Under Contract
MLS # 6792502
Property Type Single Family Residence
Price Type --
This beautiful home sits at the back of a private cul-de-sac and has been taken down to the studs and fully remodeled with impeccable taste. Loaded with fresh design elements and a cottage style vibe, it's super appealing. The open floor plan has bright, sun filled spaces including a gorgeous island kitchen with high end appliances, an oversized great room with a statement fireplace, beautiful formal and informal dining rooms, and a fantastic primary suite with an additional fireplace and a fabulous ensuite bath. The exceptional finishes include wood flooring, custom millwork, quartz, marble, tile accents, designer lighting and custom french doors and windows with great looking diagonal grids. The property has excellent curb appeal and features a spacious grassy yard, a large trellis covered patio with a brick fireplace, and a lovely pool, creating a impressive outdoor environment. This is a quintessential Arcadia ranch overflowing with charm and character!

10638 E Yearling Drive Scottsdale, AZ 85255

$2,799,000
5 Beds
4.5 Baths
4,379 SqFt
Status Active
MLS # 6714988
Property Type Single Family Residence
Price Type --
Welcome to your dream retreat in guard-gated Windy Walk Estates at Troon Village, where luxury meets panoramic beauty. This custom home offers an unparalleled backyard sanctuary with breathtaking up-close views of Pinnacle Peak, ensuring every moment spent outdoors is a masterpiece. The expansive private yard features a majestic Ironwood tree as its centerpiece, surrounded by artificial turf and mature vegetation, providing the perfect backdrop for relaxation and entertainment alike. Step into serenity as you lounge under the covered patio adorned with stacked stone accents, a cozy fireplace, and a built-in barbecue. Descend into tranquility as the tiered yard leads you to a sparkling pool and spa, complete with a mesmerizing rock waterfall and travertine hardscape surround, offering a blissful oasis against the backdrop of the desert landscape. Inside, you will find a remodeled interior completed in 2017 boasting on-trend finishes including high-end quality stonework throughout from a Chicago-based Eastern European craftsman. The French country-inspired kitchen exudes charm with custom white cabinetry, delicate mosaic backsplash, stone counters, Subzero refrigerators, complemented by stainless steel appliances including a Wolf gas cooktop and two wall ovens. Enjoy intimate meals in the attached breakfast nook with corner view windows, or entertain guests in the formal dining room with up-close views of Troon Mountain. Experience seamless living with accordion-style doors in the great room, opening up the space to the outdoors and flooding the home with natural light. A dramatic staircase, stone-clad centerpiece fireplace, and adjacent den create a welcoming ambiance, while clerestory windows and a private alcove offer versatility for office space or additional storage. Retreat to the upstairs primary suite, boasting a private balcony deck with city, golf (8th tee box of Troon Country Clubs private course), and mountain views, along with dual vanities, walk-in closets, and a spacious walk-in shower in the ensuite bathroom. With four additional bedrooms, including two ensuites, a third bedroom adjacent to a bath, and the fourth with a private den/living space and adjacent bath, perfect for in-law quarters. The laundry room has beautifully stained cabinetry, two washers, two dryers, and a prep sink. The owners entry off the two-car garage (with storage closet) has a touchdown station with cabinets and countertop, refrigerator, trash drawers, and an ice maker. Complete with all-new exterior paint and all-new windows throughout, custom window treatments on electric openers, an elegant entry courtyard, and a paver drive for visiting guests, this residence sets a new standard for refined living in the heart of Troon Village. Most furnishings and accessories are available for purchase via a separate bill of sale, allowing you to effortlessly transition into your desert paradise.

24911 N 124th Way Scottsdale, AZ 85255

$2,799,000
3 Beds
3.5 Baths
4,361 SqFt
Status Active
MLS # 6718608
Property Type Single Family Residence
Price Type --
**Breathtaking Views!** This home offers stunning, unobstructed desert and mountain views—your chance to own the **only Sereno Canyon Estate home priced under $2.8M** AND priced $84K LESS than base price on a similar model new build, even before any upgrades. Located in Toll Brothers' premier, amenity-rich community, Sereno Canyon exemplifies luxury living with impeccable design and maintenance. Key Features Include: - **Guest Suite** with private entrance and living area for ultimate privacy - **Bonus Room** adaptable as a 4th bedroom, gym, or flex space - **Den** ideal for a home office or cozy retreat - **20' Pocket Door** seamlessly blending indoor and outdoor spaces Don't miss this rare opportunity in North Scottsdale's top luxury community.

2335 E Plum Street Gilbert, AZ 85298

$2,799,000 - 5Br/5Ba -  for Sale in Circle G At Silver Creek, Gilbert
Open House
$2,799,000
5 Beds
4.5 Baths
4,994 SqFt
Status Active
MLS # 6786931
Property Type Single Family Residence
Price Type --
Exquisite Custom Home in the Prestigious Circle G Ranch at Silver Creek. Welcome to a truly magnificent residence where sophistication meets comfort at every turn. Nestled in the coveted Circle G Ranch community, this stunning custom-built home offers 5 luxurious bedrooms and 4.5 beautifully appointed bathrooms. Every detail has been carefully curated to create an atmosphere of timeless elegance, combined with modern amenities designed for effortless living and entertaining. As you enter, you're greeted by a grand formal living room and an expansive office or workout space, setting the tone for the level of refinement throughout the home. The open-concept kitchen, family room, and dining area are the heart of the home, ideal for both intimate gatherings and large-scale entertaining. The gourmet kitchen is a chef's dream, featuring an oversized island with a sleek quartz breakfast counter. Top-of-the-line Monogram appliances, including a built-in refrigerator and double Bosch dishwashers elevate the space. A separate wet bar with glass-fronted cabinetry, a wine rack, and a wine fridge and U-line built in ice-maker, ensures you're always ready to entertain in style. Luxurious finishes abound, with custom-tiled showers, quartz countertops, and rich wood flooring in the master suite. The expansive master closet is outfitted with mirrored doors and a storage island complete with seating. Each bedroom is designed with walk-in closets and private baths. For movie enthusiasts, you will enjoy a state-of-the-art theater room, complete with a surround sound system, projector, and screen, perfect for enjoying a night in with family and friends. Step outside to experience your own private oasis. The PebbleTec pool and spa are complemented by stunning rock waterfalls, one featuring a waterslide, waterfall, and grotto, and the other with a space for a hidden TV that rises from behind the waterfall, adding a touch of magic. An attached sunken bar area with a ramada makes this space ideal for entertaining, while the large outdoor fireplace, built-in BBQ, and custom sports field offer the perfect setting for al fresco dining and relaxation. For those who enjoy active outdoor living, the property also boasts a full basketball court, an in-ground trampoline. For added convenience and flexibility, the property includes an RV gate and a private casita with bathroom and walk-in closet, perfect for guests. This home is fully equipped with smart technology, including a whole house Control4 System, surround sound throughout, and powered security shades on the back of the home for ultimate privacy and comfort. The meticulously landscaped front yard features a roundabout with artificial turf and landscaping, creating an inviting first impression. Conveniently located near Gilbert Park and just minutes from premium shopping, this residence offers the ideal combination of serene privacy and urban accessibility. This is more than a home, it's a lifestyle.