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.

37158 N Stoneware Drive Queen Creek, AZ 85140

$565,000 - 2Br/2Ba -  for Sale in Encanterra Country Club, Queen Creek
New
$565,000
2 Beds
2 Baths
1,573 SqFt
Status Active
MLS # 6800016
Property Type Single Family Residence
Price Type --
This desirable, upgraded Monaco home is designed for comfort and style. The property features a welcoming entry courtyard, & its inviting ambiance is perfect year round. Inside, the kitchen is a showstopper, boasting cabinets extended to the ceiling, adding storage and beauty, & refinished in a timeless off-white, paired with new appliances. Custom barn doors transforms the den into a versatile private space. Additional upgrades include new flooring in bedrooms, updated countertops in the bathrooms, new washer/dryer, and new interior paint. The outdoor space features a large covered patio with a gas fireplace, a new remote-controlled privacy screen, and a beautifully redesigned backyard, including expansive travertine decking, fence, and faux grass putting green. AZ living is here!

5497 S Joshua Tree Lane Gilbert, AZ 85298

$565,000
4 Beds
3 Baths
1,840 SqFt
Status Active
MLS # 6746360
Property Type Single Family Residence
Price Type --
Discover this impeccably maintained 4-bedroom, 3-bathroom home with an inviting open concept floor plan, nestled in the prestigious Bridge community. The updated kitchen features a natural gas oven/stove, a new microwave, a dishwasher, and a triple filtration system. This well-designed space seamlessly transitions into the dining and living areas, perfect for modern living. The extended garage offers ample space for large vehicles or additional storage. Professionally installed pavers adorn the side of the home, leading to a beautifully landscaped backyard. Enjoy a versatile outdoor area with a 16' x 2.5' planting bed, a 5' x 11' paved storage area, a covered patio, and a built-in gas hookup for your grill. Additional highlights include an owned water softener, stylish floating flooring in the master bedroom, a custom-designed screen door at the front entry, and a security system ready for reactivation. Experience the exceptional features of this home firsthand.

272 N 167th Lane Goodyear, AZ 85338

$565,000
4 Beds
3 Baths
2,735 SqFt
Status Active
MLS # 6767667
Property Type Single Family Residence
Price Type --
Welcome to your dream home in Canyon Trails! Nestled in a peaceful cul-de-sac, this 4-bedroom, 3-bathroom residence is loaded with premium upgrades. Step outside to your own slice of paradise, featuring a splash pad for endless summer fun and an outdoor kitchen perfect for al fresco dining and entertaining family and friends. The area directly behind your back fence boasts lush greenery, ensuring added privacy for your backyard. Enjoy the convenience of a full bedroom and bathroom on the main level, ideal for guests or multi-generational living. The extended garage provides ample space for your vehicles, while the built-in shelving offers extra storage and a dedicated workspace. Upstairs, the primary bedroom features a luxurious walk-in shower and two separate walk-in closets.

1749 Silver Spur Circle Clarkdale, AZ 86324

$565,000
2 Beds
2 Baths
1,715 SqFt
Status Active
MLS # 6767718
Property Type Single Family Residence
Price Type --
Discover the charm of this beautifully maintained Southwest-style home on a spacious half-acre lot. Enjoy expansive views of the Red Rocks, stunning sunrises and sunsets. The light and bright interior, which includes skylights and large windows, features a charming southwest style corner fireplace with seating area creating a warm and inviting ambiance. The backyard is beautifully landscaped and fenced for privacy, perfect for entertaining, featuring a six-person hot tub for relaxing evenings under the stars. This home offers a rare opportunity to expand, with the adjoining half-acre lot available for purchase. Embrace the tranquility, natural beauty and endless potential of this exceptional property. Stunning Views, Privacy and Nature! Discover your dream home with cozy charm and comfort! This property offers a unique blend of elegance and privacy, perfectly situated on an expansive 1/2 acre lot landscaped for ultimate privacy with the option to purchase an additional 1/2 acre. Imagine cozy evenings by the fireplace, and waking up every day to a magnificent view of the Red Rocks with sunrise and sunsets that never fails to inspire. One of the highlights of this property is an outdoor ramada with elegant pavers a six-person hot tub and additional room for outdoor seating that is perfect for outdoor relaxation, star-gazing, or entertaining guests. Whether you're seeking tranquility or a place to entertain, this home provides the perfect environment. Enter through a charming front door courtyard, adorned with a decorative steel gate for a warm welcome home. Enjoy the sophistication of 9 ft ceilings and charming bullnose corners throughout the home with the addition of easy maintenance ceramic flooring and cozy carpeted bedrooms for ultimate comfort. Gather around the stunning Southwestern-style glass-enclosed propane fireplace, complete with a mantel, hearth, and beautifully crafted faux logs that evoke a warm and cozy atmosphere. Adjacent to the hearth, a full-length sitting bench offers a perfect spot to relax and enjoy the warmth. The open kitchen with ample counter space and a convenient breakfast bar includes a panty for additional storage. Enjoy leisurely breakfasts in the adjoining breakfast nook, a perfect spot for morning routines. The heart of the home shines with tubular skylights in the kitchen, laundry, and oversized tiled walk-in shower. Split bedroom plan with large bedrooms provide both privacy and comfort. Enjoy the seamless indoor-outdoor flow, with glass patio doors leading off both the dining room and master bedroom onto spacious patios. Peace of mind with newer appliances, including a dishwasher, hot water heater, washer, and dryer, ensuring modern comfort and convenience. The property boasts a fully functional sprinkler system equipped with new valves, new system water shut off, and a new sprinkler control panel for easy landscape maintenance. The custom designed elevated lot is landscaped to not only enhance the views but to accommodate water runoff and prevent erosion. The backyard access is fully gated and fenced offering privacy. This unique home is surrounded by hand-placed native rock lining the front and back ditches and sides offering a natural landscape design and attractive rock-lined drainage swails provide efficient water management while adding to the overall charm. This property is a perfect blend of thoughtful design and natural allure. Bird lovers will delight in the hummingbirds and quail that frequent the property. Thoughtfully designed exteriors featuring a delightful wraparound sidewalk leading to one porch, complemented by hand-placed steppingstones guiding you to the opposite porch. This property boasts an oversized 2-car garage featuring pull-down concealed wooden steps for attic access. The graveled approach leads to a concrete driveway with room to park 4 vehicles and ample side yard for additional parking.

3353 N Snead Drive Goodyear, AZ 85395

$565,000
2 Beds
2 Baths
1,914 SqFt
Status Active
MLS # 6773415
Property Type Single Family Residence
Price Type --
This immaculate home features a coveted spacious Golf Course lot, with a sonoran desert style landscape, Situated in a micro-neighborhood in Eagles Nest that shows pride of ownership. Newly remodeled kitchen, laundry room, bathrooms, New Windows, and roll-out shelves, Beautiful natural light flows inside throughout the home. Classic white cabinetry and quartz counters create a crisp modern style. The facade exterior features Stone trim and stamped concrete driveway. Enjoy a restful ambiance for backyard entertaining complete with built-in BBQ, covered and extended patio spaces and open views of Golf Course and Mountains. Don't miss seeing this exquisite home with all its creature comforts. Select furniture is available via separate Bill of Sale. Ring Doorbell does not con

26086 W Cat Balue Drive Buckeye, AZ 85396

$565,000
3 Beds
2.5 Baths
2,453 SqFt
Status Active
MLS # 6785974
Property Type Single Family Residence
Price Type --
One of a kind - looks like a highly upgraded model home! Premium homesite backing to the open space in the popular Festival Foothills community. Single story, semi custom Pulte home built in 2021 offers 3 bedrooms + open flex space with closet (simply add a door for a 4th bedroom) + separate office + 2.5 baths in a spacious 2,604sf. This home boasts over $150,000 in additional upgrades including plantation shutters, wood like tile floors, ceiling fans and recessed lighting in every room, EV outlet, water softener, brand new gutters, outdoor camera security system, 90% energy efficient screens...too many to list. Gourmet kitchen features 42'' staggered cabinetry with soft close drawers and pull out shelves, granite countertops and backsplash, insta hot at the sink, R/O... drinking water, gas cooktop, double ovens, HUGE walk in pantry, and large island with breakfast bar & pendant lighting. The spacious primary suite includes a custom extended builder option and features a luxurious bathroom with an oversized super shower & 6' EXTENDED walk-in closet. Other features include a 2.5 car garage, tankless water heater, walk-in closets in secondary bedrooms and allergy friendly nylon carpet...tons of natural lighting. Sliding glass doors lead out from the dining area to the backyard oasis. An entertainers dream with a SALT WATER HEATED POOL featuring a Baja shelf entry...a big plus for kids and you'll love lounging under the umbrellas while enjoying the relaxing waterfalls. Expansive covered paver patio with custom sun shades. Plumbed for a gas outdoor kitchen. Separate gazebo boasts a 6 seat, Bull Frog spa. Corner lot with no home behind! Festival Foothills is a serene community with amenities such as a community park with a splash pad, playgrounds, softball field, basketball court, and walking paths. Close to Indigo Grille, elementary school and dog park. Buckeye is a growing area that is close to regional parks, aquatic centers, golf courses and much more! SCHOOL NOTE: For high school, kids can choose either Surprise or Wickenberg. Do not miss out on this stunning home!

7992 N Sunset Ridge Prescott Valley, AZ 86315

$565,000
3 Beds
2 Baths
1,749 SqFt
Status Active
MLS # 6795178
Property Type Single Family Residence
Price Type --
**Charming Home in Viewpoint North - Your Ideal Retreat Awaits!** Welcome to your dream home nestled in the desirable Viewpoint North subdivision! This stunning 3-bedroom, 2-bathroom residence is situated on a spacious lot that offers both privacy and breathtaking views of Glassford Hill and Granite Mountain. As you enter, you are greeted by an inviting open floor plan that seamlessly blends comfort and style. The living area, highlighted by a cozy fireplace, provides the perfect setting for relaxation or entertaining guests. The open kitchen, equipped with all new appliances, makes meal preparation a delight. Retreat to the generously sized master suite, or two additional bedrooms, both featuring walk-in closets for ample storage and organization. The entire interior has been freshly painted, adding a bright and welcoming touch throughout the home. Step outside to discover a large covered patio in the back, creating an ideal space for outdoor entertaining, enjoying your morning coffee, or simply unwinding while taking in the stunning views. The beautifully landscaped backyard is an outdoor oasis, perfect for gatherings or peaceful solitude. The property features a coveted 3-car garage, providing ample space for vehicles and storage. Enjoy the benefit of backing onto privately owned land, ensuring unobstructed views and enhanced tranquility. Don't miss the opportunity to make this beautiful home yours. Experience the perfect blend of modern amenities and natural beauty in Viewpoint North!

3355 E Los Altos Road Gilbert, AZ 85297

$565,000
4 Beds
2 Baths
1,952 SqFt
Status Active
MLS # 6785311
Property Type Single Family Residence
Price Type --
This 4-bed 2-bath Gilbert home is situated on a corner lot with mature landscaping all around. The home includes a 3-car garage with storage cabinets. The oversized driveway includes a RV gate next to the home. This single owner property has been meticulously maintained throughout its life. The home features a R/O System as well as brand new complete A/C system. The home also has newer LVP flooring with fresh paint. Backyard features an Extended patio with a pergola, perfect enjoy the AZ weather.

4713 N Brookview Terrace Litchfield Park, AZ 85340

$565,000
3 Beds
2 Baths
1,885 SqFt
Status Active
MLS # 6791222
Property Type Single Family Residence
Price Type --
Luxury lakeside living nestled in the picturesque Litchfield Greens gated community. As you step inside, you'll be greeted by a modern and elegant interior. This fully remodeled property offers an open floor plan, fresh paint, new flooring, newly remodeled bathrooms, showers and kitchen and many other upgrades. The back patio offers stunning views of the brook where you can unwind or entertain guests.

6030 W Kimberly Way Glendale, AZ 85308

$565,000
4 Beds
2 Baths
1,928 SqFt
Status Active
MLS # 6791105
Property Type Single Family Residence
Price Type --
Hard to find single story 4 bedroom with 3 car garage in popular Arrowhead Ranch! Ready for your personal touches with an open floorplan, high ceilings and fresh paint throughout providing a light and bright living space with easy care tile and new laminate flooring. Kitchen is equipped with upgraded stainless appliances, granite counters & pantry. Generous primary bedroom offers a walk-in closet, dual vanity and separate soaking tub & shower. Secondary bath includes dual vanities. Low maintenance backyard with large covered patio is perfect for entertaining and you'll enjoy peace of mind with brand new HVAC installed 2024!

17937 W Weatherby Drive Surprise, AZ 85374

$565,000
4 Beds
3 Baths
1,933 SqFt
Status Active
MLS # 6791236
Property Type Single Family Residence
Price Type --
This upgraded 4 BR, 3 bath TAPATIO w/Guest Casita and 3rd car garage is a rare find in the Active adult community of AZ Traditions. This beautiful home is situated on a N/S lot & includes many extras. A decorative walkway leads to the private front courtyard & separate entrances to the house & casita. The house features a spacious Great Room, upgraded gourmet kitchen w/beautiful white cabinets The breakfast nook is perfect for the dining area and overlooks the courtyard there is also an island and a breakfast bar that has bar stools. The ceilings are 10' thought the home,There is an enclosed back patio, desert landscape & more!! The huge casita features a living area w/custom built-in cabinets, a kitchenette and bath with a walk-in shower. Too many upgrades to list. You will have to see.

5334 N 20th Street Phoenix, AZ 85016

$565,000
2 Beds
2 Baths
1,642 SqFt
Status Active
MLS # 6795349
Property Type Single Family Residence
Price Type --
This is a great single story 2 bedroom, 2 bath condo with a large 2 car garage with storage room, full size inside laundry, community pool and bbq's. The condo offers a newly designed front courtyard and an interior large patio for more private entertaining. The unit is very quiet and private. The bedrooms are both very nice sized with ample space. The master bedroom is appointed with 2 closets. The kitchen is light and ready for any cook to tackle their next meal. You are immediately greeted and welcomed by the warmth of this condo for your next home. Several similar units have converted the interior patio to a 3rd bedroom/office.