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.

8653 E Royal Palm Road Unit 2027 Scottsdale, AZ 85258

$573,350
3 Beds
2 Baths
1,490 SqFt
Status Active
MLS # 6789938
Property Type Apartment
Price Type --
Fabulous location in the quiet & private gated community (66 units) of Villa Royale, this condo is within easy walking distance to an array of great restaurants, coffee shops as well as to walking paths & Lake Marguerite. Conveniently located to golf as well as Diamond Backs Spring Training Center, this spacious 3 bedroom, 2 bath condo features an open & split floor plan w/ vaulted ceilings & gas fireplace. The home has a large balcony overlooking the courtyd & pool area. Updates include newer stone fireplace, carpeting, tile flrs in baths, newer heat pump & cooling as well as partial plumbing & wiring. Kitchen & baths cabinets have been updated. Condo has been lovingly maintained & the complex includes a BBQ & exercise facility. Perfect residence for winter visitors or full time residen

10618 S 50th Avenue Laveen, AZ 85339

$573,333 - 3Br/2Ba -  for Sale in Laveen Vistas Parcel 2 Phase 1, Laveen
New
$573,333
3 Beds
2 Baths
2,305 SqFt
Status Active
MLS # 6801615
Property Type Single Family Residence
Price Type --
BEAUTIFUL NEW HOME UNDER CONSTRUCTION! You will love the wide open foyer as you enter this home that has an amazing flex room that can be used as a den / study. The beautiful kitchen is open to the large great room with a large Quartz island. Gourmet kitchen includes gas cooktop, wall ovens, White painted cabinets and custom backsplash. This home is loaded with options that include wood plank tile floors throughout except for the bedrooms, lots of natural light from the 12' slider off the covered patio at the great room, 8' interior doors throughout the home, and don't miss the beautiful walk in shower in the owners suite. 3 bedrooms, flex room and a 3 car garage this home has it all. Community and back yard has beautiful views of the Estrella and South mountain ranges.

374 E Citrus Hollow Way Queen Creek, AZ 85140

$573,088
2 Beds
2.5 Baths
1,678 SqFt
Status Active
MLS # 6605086
Property Type Townhouse
Price Type --
Welcome to a brand new Valletta model. It has an expansive layout and this home is illuminated by an abundance of natural light. The kitchen stands fully equipped with modern stainless steel appliances and elegant granite countertops. With a culinary connoisseur's dream at its heart, including a gas cooktop, it's an ideal setting for hosting and delighting your guests. Both bathrooms have undergone exquisite upgrades, featuring tile surrounds and elevated fixtures. A few upgrades include quartz countertops at kitchen and bathrooms, huge sliding door at patio, gourmet kitchen appliances and a large smart space. Start living the good life at Encanterra today!

15313 W Blue Verde Drive Sun City West, AZ 85375

$573,000
2 Beds
2 Baths
2,210 SqFt
Status Active Under Contract
MLS # 6800161
Property Type Single Family Residence
Price Type --
ATTENTION: This home has been upgraded in 2021 with everything you could possibly want and some!! Seize this opportunity to live in the SCW Active Adult Community in this beautiful energy-efficient home upgraded in 2021 with New Windows & Doors by Window World, H2O Water Concepts Whole Home Filtration System, Whole Home Insulation Swap out, Owned SOLAR, all New Tile flooring throughout, New HVAC, New Roof, New Hot Water Heater, New Kitchen Cabinets & SS Appliances, Walk-in Pantry, Upgraded bathrooms, Top of the Line Wooden Shutters, Epoxy Garage Flooring and a Mini split in the garage so you can tinker year round....Have I said enough? How about 2 bedrooms plus a den/craft room, Guest bedroom complete w/Murphy Bed! Low Tax area! I'm exhausted! Come take a look!!

5132 W Lydia Lane Laveen, AZ 85339

$573,000
5 Beds
4 Baths
2,896 SqFt
Status Active
MLS # 6788167
Property Type Single Family Residence
Price Type --
Beautiful Former Model with over 140K in Upgrades. This two-story home features 5 bedrooms and 4 full baths, plenty of room for your needs. The home sits on large, fully landscaped home site, close to playground and walking paths. The spacious open floor plan including large gourmet eat in kitchen, Formal Dining room, Surround sound throughout, Bedroom on 1st floor w/full bath, upstairs loft. The feature list includes hardwood floors downstairs, all new LVP flooring upstairs, slab granite countertop, stainless steel appliances, 12-foot multi slide glass door in Great Room, designer wall treatments, custom subway tile kitchen backsplash, wifi-enabled front and back security cameras. Backyard gate leads to walking and biking trail, no homes behind you

6233 W Mescal Street Glendale, AZ 85304

$573,000
5 Beds
3 Baths
2,444 SqFt
Status Active Under Contract
MLS # 6760532
Property Type Single Family Residence
Price Type --
The search is finally over! This delightful residence boasts a 3-car garage and a well-kept front yard. Fall in love with the inviting open layout highlighting vaulted ceilings, a soothing palette, skylights that bathe the space in natural light, and attractive wood-look flooring. You'll also find a cozy family room downstairs, including a warm fireplace for relaxing evenings! The kitchen has granite counters, abundant white shaker cabinets, a stylish tile backsplash, recessed lighting, stainless steel appliances, a handy pantry, and an island with a breakfast bar for casual dining. The main bedroom offers an ensuite with dual sinks and a walk-in closet. The backyard features a covered patio, a firepit with seating areas, and a refreshing pool for endless summer fun. Make this gem yours!

19026 W Stella Avenue Waddell, AZ 85355

$572,990 - 4Br/3Ba -  for Sale in Marbella At Windrose, Waddell
New
$572,990
4 Beds
2.5 Baths
2,399 SqFt
Status Active
MLS # 6801510
Property Type Single Family Residence
Price Type --
The beautiful Irwin floorplan has a 3 car tandem garage, 4 bedrooms and two and a half bathrooms. 9' ceilings, wood plank style tile floorings throughout the home, 8' interior doors, gourmet kitchen package, kitchen tile backsplash and huge island makes this home the perfect spot to entertain! This home is built zero energy ready with spray foam insulation, 2 x 6 construction and 85% offset solar system included giving you a HERS rating in the single digits! This home gives you almost no energy bill and is ready now!

3131 N Central Avenue Unit 6014 Phoenix, AZ 85012

$572,900
2 Beds
2 Baths
1,125 SqFt
Status Active
MLS # 6793776
Property Type Apartment
Price Type --
*Construction completed* 5% BUYER INCENTIVE! Introducing Edison Midtown Phase 2 with 60 new construction condominiums. This spacious two bedroom condo offers ten ft. ceilings, an open floor plan, and large master bedroom with ensuite bathroom. Chefs kitchen offers expansive cabinetry, quartz countertops and stainless steel appliances including a gas range. Edison Midtown features incredible amenities for that perfect Urbanite lifestyle. A beautiful pool and lap pool, 2000 sq. ft. fitness center and lounge, and gated parking garage.

2809 N 70th Street Scottsdale, AZ 85257

$572,500
2 Beds
2 Baths
1,217 SqFt
Status Active
MLS # 6768285
Property Type Single Family Residence
Price Type --
Scottsdale Tour! Where artistic design and nature combine. Large front and backyard with mature, low maintenance, desert acclimated flowering plants. Tasteful artistic design add to the serenity of the home. New roof, exterior paint, and natural gas heater/AC unit this year. Newer natural gas tankless water heater keeps utility costs to a minimum. Ready to move in and enjoy but plenty of space to add on should you desire.

18428 W Robin Lane Surprise, AZ 85387

$572,500
3 Beds
2.5 Baths
1,884 SqFt
Status Active
MLS # 6786575
Property Type Single Family Residence
Price Type --
Don't miss your chance to own this stunning home that effortlessly blends charm and practicality. This upgraded single-story layout features 3 spacious bedrooms, a versatile den/office, and 2.5 well-appointed bathrooms. The property includes a 3-car tandem garage and a remarkable 47-foot RV garage, providing plenty of room for all your vehicles, recreational toys, and outdoor gear. Inside, you'll find a thoughtfully designed split floor plan with a convenient storage nook leading to the garage. The chef-inspired kitchen boasts elegant granite countertops, high-end stainless steel appliances, an electric cooktop, and a walk-in pantry—perfect for culinary enthusiasts. Unwind after a busy day in your private backyard oasis, complete with a custom pool and jacuzzi surrounded by stylish

1258 W Plane Tree Avenue San Tan Valley, AZ 85140

$572,500 - 5Br/3Ba -  for Sale in Ironwood Crossing Unit 3c 2012081598, San Tan Valley
Open House
$572,500
5 Beds
3 Baths
2,881 SqFt
Status Active
MLS # 6787613
Property Type Single Family Residence
Price Type --
***SELLERS ARE WILLING TO CONTRIBUTE TO BUYER'S CLOSING COSTS*** This 5 bedroom/3 bath home located in the sought after community of Ironwood Crossing. This home features a desirable open concept floor plan with tons of natural light and OWNED SOLAR PANELS!!!. The gourmet kitchen has an oversized island with seating, granite countertops, beautiful upgraded cabinetry, gas cooktop, and a walk in pantry. Large primary bedroom boasts a huge walk in closet, dual sinks and a separate tub and shower. All secondary bedrooms are spacious and have a walk-in closet. Guest bedroom has it's own wing with a bath that has a walk in shower. This home also has a separate den/office and a generous backyard with a covered patio. Community offers pools/spas, clubhouse, pickleball courts, splash pads, playgrounds, basketball & volleyball courts.

3926 E Potter Drive Phoenix, AZ 85050

$572,500 - 3Br/2Ba -  for Sale in Wildcat Ridge, Phoenix
Open House
$572,500
3 Beds
2 Baths
1,407 SqFt
Status Active
MLS # 6796566
Property Type Single Family Residence
Price Type --
Discover a home where every detail invites you to stay awhile. Located in the highly-desirable Wildcat Ridge subdivision and within the Fireside Elementary school boundaries, the location of this home could not be more ideal. The inviting living area features a cozy stone-accented fireplace, perfect for relaxing evenings, and flows effortlessly into the dining and kitchen spaces. The bright kitchen is both stylish and functional, with warm natural wood cabinetry, sleek countertops, and a charming arched window that bathes the room in natural light. French doors lead to a private and cozy backyard retreat, ideal for morning coffee or evening gatherings. Surrounded by low-maintenance desert landscaping and a pristine two-car garage, this home is a perfect blend of convenience and beauty, r