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.

2438 W Hearn Road Phoenix, AZ 85023

$568,000
4 Beds
3 Baths
2,344 SqFt
Status Active
MLS # 6739186
Property Type Single Family Residence
Price Type --
This 2344 SQFT home has been completely renovated, featuring all-new cabinetry and quartz countertops throughout the house. The open-concept living area is perfect for entertaining, and the brand-new kitchen shines with its modern design. All bathrooms have been redone with beautiful new tile work and contemporary finishes. The four spacious bedrooms offer ample storage and natural light. Enjoy the low-maintenance landscaped yard. Conveniently located next to the I-17 and close to amenities, schools, and parks.

11417 S 50th Avenue Laveen, AZ 85339

$567,995
4 Beds
3 Baths
2,380 SqFt
Status Active
MLS # 6755226
Property Type Single Family Residence
Price Type --
The notable Elderberry plan boasts four bedrooms, including a relaxing primary suite with a spacious walk-in closet and a private bath. At the heart of the home, you'll find an impressive great room, a dining room, and a well-planned kitchen showcasing a center island and a generous walk-in pantry. An upstairs loft and covered patio offer additional versatility. A convenient laundry room is also included. This home will be built with a main-floor bedroom with a full bath

5030 W Hunter Trail San Tan Valley, AZ 85144

$567,990
5 Beds
3 Baths
2,776 SqFt
Status Active
MLS # 6776913
Property Type Single Family Residence
Price Type --
Brand new energy efficient home! This plan is where perfect blend of functionality and elegance comes to life. This stunning home boasts 5 bedrooms and 3 baths, ensuring room for everyone! A standout features of the Avery is a private bath in one of the bedrooms that could be used for an in-law. The heart of the home is the kitchen, where the island takes center stage, as a practical social hub where family and friends can gather. The kitchen boasts White shaker style cabinets, granite counter tops and a generous amount of tile that overlooks the great room, creating an inviting atmosphere. Each of our spray foam insulated homes is built with innovative, energy-efficient features designed to help you enjoy more savings, better health, real comfort and peace of mind.

17644 W Rancho Drive Litchfield Park, AZ 85340

$567,990 - 4Br/4Ba -  for Sale in Allen Ranches Parcel K, Litchfield Park
New
$567,990
4 Beds
3.5 Baths
2,664 SqFt
Status Active
MLS # 6803254
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 plus additional 2% of base price or total purchase price, whichever is less, is available to be used toward closing costs, pre-paids, rate buy downs, and/or price adjustments. The stunning Parklane model boasts four bedrooms and a den, featuring a glass walk-in shower in the owner's suite, a center sliding glass door in the gathering room, and gas stubs at the kitchen, laundry, and backyard. French doors in the den add to the appeal. This home also includes upgraded granite countertops, premium cabinetry, a stainless steel gas range, and upgraded tile flooring in all the right places. A true showcase of luxury and thoughtful design.

9913 S Los Picos Drive Apache Junction, AZ 85120

$567,990 - 4Br/3Ba -  for Sale in Radiance At Superstition Vistas, Apache Junction
Open House
$567,990
4 Beds
3 Baths
2,273 SqFt
Status Active
MLS # 6800469
Property Type Single Family Residence
Price Type --
3 car garage!! The Courtland floorplan offers a spacious and well-designed single-level living experience, encompassing 2,273 square feet. You are welcomed into an open-concept living area that seamlessly connects the kitchen, dining, and family rooms. The kitchen is a chef's delight, equipped with modern gas appliances, ample counter space, and a large island that serves as the heart of the home, ideal for meal preparation and casual dining. The adjacent dining area provides ample space for family meals and entertaining guests, while the family room is perfect for relaxation and gatherings. This community features resort like amenities including a large pool, splashpad, park & clubhouse with fitness center!

2523 W Spaulding Avenue Apache Junction, AZ 85120

$567,990 - 4Br/3Ba -  for Sale in Radiance At Superstition Vistas, Apache Junction
Open House
$567,990
4 Beds
3 Baths
2,273 SqFt
Status Active
MLS # 6796925
Property Type Single Family Residence
Price Type --
3 car garage!! The Courtland floorplan offers a spacious and well-designed single-level living experience, encompassing 2,273 square feet. You are welcomed into an open-concept living area that seamlessly connects the kitchen, dining, and family rooms. The kitchen is a chef's delight, equipped with modern gas appliances, ample counter space, and a large island that serves as the heart of the home, ideal for meal preparation and casual dining. The adjacent dining area provides ample space for family meals and entertaining guests, while the family room is perfect for relaxation and gatherings. This community features resort like amenities including a large pool, splashpad, park & clubhouse with fitness center!

33333 N 132nd Drive Peoria, AZ 85383

$567,990
4 Beds
2.5 Baths
1,940 SqFt
Status Active
MLS # 6798524
Property Type Single Family Residence
Price Type --
The single-story home with larger front porch and no neighbor behind you welcomes your guests when you walk. Whip up gourmet recipes in your centrally located kitchen which features built-in stainless-steel gas appliances, back splash and huge island that opens to a great room for you and your family to enjoy. With a private primary bedroom located away from secondary bedrooms for maximum privacy and boasts a separate tub and shower. 4 spacious rooms and 2.5 baths makes this the ideal home. Located within the highly sought after Vistancia masterplan - residents will enjoy access to recreation center - that provide year-round activities and has swimming pool, community center, and activities. Seller will pay 6% of the base price of the home in buyers closing costs with fully price offer.

19341 W San Juan Avenue Litchfield Park, AZ 85340

$567,939
4 Beds
3 Baths
2,173 SqFt
Status Active
MLS # 6794369
Property Type Single Family Residence
Price Type --
Begin and end each day in the large owner's retreat featuring deluxe bath with super shower and walk in closet. Spend quality time in the privacy of your extended covered patio in the backyard. Each guest suite and spare bed provides a delightful place for growing minds to thrive. Your open plan offers an impeccable space to play host and make memories and fun social gatherings. The chef's kitchen includes a full function island and step in pantry. 8' side gate; 2X6 CONSTRUCTION; EXTENSIVE NEW HOME WARRANTY.

6413 W Irma Lane Glendale, AZ 85308

$567,900 - 3Br/2Ba -  for Sale in Parcel 8 At Arrowhead Ranch, Glendale
New
$567,900
3 Beds
2 Baths
1,834 SqFt
Status Active
MLS # 6800639
Property Type Single Family Residence
Price Type --
Move-In Ready Beauty with Golf Course Views. This stunning home offers an open floor plan perfect for entertaining. The kitchen, featuring ample counter space and cabinets, is a chef's dream. Enjoy the luxury of tile and wood floors throughout. The master suite includes a separate tub and shower, and dual sinks. The backyard is an entertainer's paradise with a covered patio and a spacious yard overlooking the nearby golf course and lakes. Plus, there's an RV gate for added convenience. Located in a quiet cul-de-sac, this home is close to Arrowhead parks, shopping, dining, sports venues, and popular amenities like Starbucks, AJ's, and Sprouts. With easy freeway access, everything you need is just a short drive away.

25325 N Naples Street Paulden, AZ 86334

$567,500
3 Beds
2 Baths
1,980 SqFt
Status Active
MLS # 6700936
Property Type Single Family Residence
Price Type --
Two parcels are seamlessly merged together to equal a total of 9.795 acres. Nestled on sprawling acreage, this picturesque single family home offers an idyllic retreat enveloped by panoramic mountain vistas. Offering 3 bedrooms and 2 bathrooms, this charming residence exudes warmth and character. The inviting living room features a cathedral ceiling adorned with rustic beams, accentuating the space and charm. A wood-burning fireplace with exquisite Mexican brick infuses the room with cozy ambiance for chilly evenings. The ornate front door welcomes guests, while new storm doors on both the front and back entrances providing weather resistance. Recent upgrades include a new air conditioning and heating unit, new windows, and fresh exterior paint, ensuring modern comfort and aesthetic appeal. The home and its accompanying three-car garage, complete with storage and workbenches, boasts new roofs, offering peace of mind and longevity. A newly installed gravel driveway with gated entrance leads to the residence, which sits back a quarter-mile, offering unparalleled privacy and tranquility. The landscaped grounds boasts a variety of trees, including elm, mondell pine, Arizona cypress, juniper, purple robe locus, Arizona ash, locus and chase. Fruit trees, include apple, plum, mulberry, and Arizona walnut, creating a serene oasis. The driveway is flanked by majestic pine trees, while automatic irrigation ensures lush greenery thrives. Additional amenities include a shed, well house, chicken coop, and greenhouse with two garden beds with carrots, sweet potatoes, celery and basil. A fenced and cross fenced perimeter, complete with chain link and wire fencing, ensures security and functionality, while an interior yard with wire fencing and gates offers versatility. Great for children and the family pets. Outdoor enthusiasts will delight in the covered back patio, perfect for al fresco dining, and rustic red barn with four stalls, corrals and turnouts. A horseman's paradise with room to expand. A 10x16 concrete and block patio with redwood railing off the dining area provides a serene spot to admire the breathtaking sunsets to the west. With one RV hook-up equipped with 30 amp, power, water, and sewer access, the additional RV hook-up has 30 amp, power and is near water. This property offers endless possibilities. Update this home to your own personal style. Enjoy the relaxation and recreation of this beautiful property! Parcel numbers: 304-01-032A and 304-01-032B, both parcels combined are being sold at the list price.

9232 E Sector Drive Mesa, AZ 85212

$567,496
4 Beds
3 Baths
2,036 SqFt
Status Active
MLS # 6799748
Property Type Single Family Residence
Price Type --
BRAND NEW MOVE IN READY HOME! This HOLDEN plan is such a sought after home design with its versatile 4th bedroom and full bathroom downstairs to host visiting family and friends or use as an office. This home includes a Deluxe Gourmet Kitchen complete with 36'' gas cooktop and a matching 36'' chimney range hood, a stacked wall mounted microwave and oven, Birch Flagstone 42'' upper kitchen cabinets, Glisten Quartz countertops, 4x12 Santorini backsplash and 8x36 Oregon Rovere wood tile throughout the home except for the bedrooms, stairs and loft area upstairs. This home is a Smart Home and includes a Tankless Water Heater System, Whole House Air Purifying System, and an Apple Pod Smart Home Kit. READY NOW!

4936 W Beryl Avenue Glendale, AZ 85302

$567,477
5 Beds
3 Baths
2,526 SqFt
Status Active
MLS # 6797875
Property Type Single Family Residence
Price Type --
Presenting a brand-new home! This expansive two-story residence features 5 bedrooms, 3 bathrooms, and a loft, providing ample space for all your needs. The generous 3-car garage is equipped with a convenient 8-foot door. Inside, the open-concept layout is perfect for modern living. The Deluxe Gourmet Kitchen stands out with its stunning quartz island, sleek backsplash, and spacious walk-in pantry. Elegant tile flooring flows throughout the home, with plush carpeting in the bedrooms. The large covered patio offers an ideal space for outdoor relaxation. Marlowe is part of a fantastic community with amenities like playgrounds and dog parks. Welcome to Marlowe — a thoughtfully designed, high-performance home that combines style and comfort!