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.

5101 N Casa Blanca Drive Unit 235 Paradise Valley, AZ 85253

$2,595,000
3 Beds
2.5 Baths
2,130 SqFt
Status Active Under Contract
MLS # 6754435
Property Type Townhouse
Price Type --
In the exclusive enclave of Casa Blanca stands a truly exceptional residence unlike any other! This single-level home underwent a comprehensive transformation, where it was taken down to its shell and meticulously redesigned. Now boasting an exquisite great room that seamlessly flows onto a patio with views of Camelback Mountain, this home is a testament to luxury living. The attention to detail is unparalleled, featuring gorgeous finishes such as limestone flooring, elegant steel doors and windows and an incredible primary closet. Salvaged antique doors from a historic Masonic temple, sleek black-lacquered doors and trim, and sterling silver door hardware further enhance the allure of this special home.

2035 Giana Drive Wickenburg, AZ 85390

$2,590,000
3 Beds
2.5 Baths
3,532 SqFt
Status Active
MLS # 6794729
Property Type Single Family Residence
Price Type --
Enjoy the best Wickenburg has to offer!! 360 degree views!!! Beautiful Custom Home by L&M Construction with close attention to Detail and Top of the line finishes throughout, home features a Chefs Kitchen, top of the line appliances,Large Granite island, Knotty Alder Kroft Cabinetry, Great room has 9ft viga ceiling treatments, Central Vac, the Resort style backyard is a entertainers dream ,Enjoy breakfast by your sparkling new pool, with the most amazing views of Vulture peak ! Casita, shop/tackroom, covered stalls, Full roping Arena , Ride to Rancho Rio in minutes. Property joins BLM land for your privacy and enjoyment. Gated circular drive allows access for large rigs. Property is fully fenced. TOO MUCH TO LIST HERE !! Call Laurie for more information SOON !!

2080 W Condor Road Wickenburg, AZ 85390

$2,575,000
4 Beds
4 Baths
3,370 SqFt
Status Active
MLS # 6764674
Property Type Single Family Residence
Price Type --
Take advantage of this rare opportunity to buy a furnished custom home within the renowned guest ranch, Rancho de los Caballeros in Wickenburg. This 3,300 square foot home was completely reimagined and rebuilt in 2010 under the guidance of Joe Conk, architect, Hasbrook Interiors and AH Construction. Classic southwestern slump block construction and original brick floors were preserved while adding the modern amenities and comforts today's homeowners expect. A 4-car garage is a car lover's dream and a 40-panel solar system offers energy efficiency. The home sits on 1.8 acres with impressive landscaping and expansive patios (both covered and uncovered), the perfect place to take in the beautiful Arizona sunsets and surrounding mountain views. The ''Ranch,'' which has been in [more] continuous operation since 1948 and was just named the #15 resort in the world and #2 in the southwest by readers of Condé Nast Traveler, is under going an incredible renaissance with the support of new ownership who are investing millions without losing sight of legacy and tradition. Ranch community memberships are available and amenities include: golf, horseback riding, spa and pool, tennis, fine dining, trap/skeet, archery and much more. The notable horse program offers 13,300 rideable acres of wide-open space in the Sonoran desert, team penning and roping instruction. Wickenburg is located northwest of metro Phoenix and is 70 miles from Phoenix Sky Harbor Airport. Known as the team roping capital of the world, Wickenburg offers a relaxed western lifestyle. The Webb Center for the Performing Arts and the Desert Caballeros Western Museum offer cultural events year round.

2346 E Sanoque Court Gilbert, AZ 85298

$2,570,000 - 7Br/5Ba -  for Sale in Double R Meadows, Gilbert
Open House
$2,570,000
7 Beds
5 Baths
5,350 SqFt
Status Active
MLS # 6786589
Property Type Single Family Residence
Price Type --
Best Zip code in Gilbert! This stunning 7-bed, 5-bath estate blends elegance and modern comfort with a luxury design! Impressive curb appeal with lush landscaping, mature shade trees, a 4-car garage, and an extended driveway make this home a luxurious retreat. Its grand entrance, accented by stone details and charming archways, welcomes you into a spacious, open layout. Meticulous attention to detail is presented in the immaculate kitchen, boasting with high-end SS appliances, 2 islands, quartz counters, recessed & pendant light fixtures &stylish tile backsplash. Best backyard for entertaining with built in BBQ, extra large patio, and gas fireplace for those cool nights. Guest house is equipped with a steam shower and full kitchen. Check out the Splash pad for the kids! MUST SEE THIS ONE and two islands with breakfast bars. A walk-in pantry and a plethora of white cabinetry with crown molding provide ample storage space. Retreat to the romantic main suite, offering a double-door entry, plush carpeting, an accented wall, a sitting room, a full ensuite with two sinks, a separate tub, a floor-to-ceiling tiled shower, and walk-in closets, and outdoor access. A detached guest house adds extra space! The entertainer's backyard showcases a putting green, playground, fire pit, built-in BBQ, and a fenced pool & spa for ultimate relaxation. This home is a true retreat for those seeking beauty and tranquility! Act now!

6166 N Scottsdale Road Scottsdale, AZ 85253

$2,550,000
2 Beds
2.5 Baths
3,016 SqFt
Status Active
MLS # 6779426
Property Type Apartment
Price Type --
Experience elevated living in this stunning ground-floor corner unit with a spacious private patio and yard. Featuring a perfect split floor plan and custom touches throughout, this residence in the coveted Enclave at Borgata offers the charm of a bespoke home with the convenience of turnkey living. The kitchen boasts custom cabinetry, a new Wolf stainless oven and new Wolf cooktop, new custom quartz countertops, pantry, plenty of storage and new Electrolux washer/dryer in the laundry. The fireplace is framed with elegant millwork and lighting, which adds warmth and style. Two versatile dens serve as a cozy TV room and a refined home office. Enjoy ultimate privacy, 24/7 concierge service, and security in one of the city's best locations. Welcome home!

2402 E Esplanade Lane Unit 601 Phoenix, AZ 85016

$2,550,000
3 Beds
3 Baths
3,000 SqFt
Status Active
MLS # 6790861
Property Type Apartment
Price Type --
This totally remodeled residence at coveted Esplanade Place is truly an exceptional opportunity! The finest finishes throughout including 10'' wide plank Europeon oak floors and Taj Mahal quartzite add to the state-of-the-art amenities. There are 3 bedrooms, 3 baths and a media room plus 2 fireplaces to enhance the ultimate luxury high-rise lifestyle experience. The finest building services and amenites include valet parking, full fitness center, rooftop pool, 24hr lobby desk staff and more are yours to enjoy. The prime Biltmore/Esplanade area location boasts convience to fine dining, shopping, theater and is the financial services center for Phoenix. A rare gem now available at Esplanade Place!

8345 N Via Rosa -- Scottsdale, AZ 85258

$2,550,000
4 Beds
3.5 Baths
3,030 SqFt
Status Active
MLS # 6796777
Property Type Single Family Residence
Price Type --
This one-of-a-kind reimagined home, located in the exclusive enclave of Palo Viento, is just steps from the Palm Golf Course at McCormick Ranch! Over 700 sq ft has been added to this already fantastic home, creating an excellent floor plan with 4 bedrooms plus an office. 2 ensuites split for privacy; excellent for a mother-in-law setup. A study was added with dramatic lines, a vaulted ceiling with transom windows, and a fireplace! Three additional bedrooms are located on the West wing of the home. No expense was spared to create this elegantly designed kitchen... indeed, the heart of this home. From the new professional-grade Wolf Appliances, including double ovens, microwave, dishwasher, and Monogram column refrigerator to the new quartz counters, stunning backsplashes, two-toned modern cabinetry with bar area, showcase shelves and a Krause workforce sink. A dramatic floor-to-ceiling fireplace serves as a focal point in this open concept floor plan and a German 12-foot bi-fold door brings the outdoors in; allowing guests to enjoy the fantastic backyard boasting an extended covered patio, built-in barbeque, newly installed pool with water features & specialty lighting plus easy care turfed/concrete stepping pad area for lounging by the pool... don't miss the outdoor half bath off the patio for easy access! This home combines luxury and practicality, making it the perfect choice for any buyer. ***Too many upgrades to list. See the attached upgrade sheet in the document section of the MLS

10904 E Scopa Trail Scottsdale, AZ 85262

$2,550,000
6 Beds
5 Baths
4,587 SqFt
Status Active
MLS # 6762371
Property Type Single Family Residence
Price Type --
Discover the epitome of luxury in this expansive 2.85-acre estate, nestled within the exclusive gated enclave of Monterey at Mirabel Village North. This single-level masterpiece seamlessly blends sophistication with comfort, offering 4,587 square feet of meticulously designed living space. Enter through a lush private courtyard featuring sitting areas and a fireplace, perfect for dining al fresco or a tranquil spot for relaxation. Beyond the 10-foot arched double door entryway, you are welcomed into an opulent foyer lighted with antique Spanish chandeliers that leads to a formal living room adorned with a stunning stone mantel and a 500-bottle temperature-controlled wine storage cabinet. The generously sized primary suite is a true retreat, complete with a cozy fireplace, sitting area, an and a luxurious ensuite bathroom featuring separate sink/vanities, dual closets, a soaking tub, and a walk-in shower. The gourmet kitchen is a chef's dream, equipped with high-end Wolf and Sub-Zero appliances, custom cabinetry, and a spacious center island that flows seamlessly into the dining and living areas. The main residence also includes two additional bedrooms with a Jack-and-Jill ensuite, a junior master suite with its own bathroom, and an adaptable bedroom/office space. Step outside to enjoy resort-style amenities, including a solar-heated pool with a waterfall, spa, stargazing deck and a private five-hole putting greenall surrounded by breathtaking desert landscapes. The lush courtyard serves as an idyllic backdrop for both relaxation and entertaining. Just steps across the courtyard lies a charming one-bedroom, one-bathroom casita, providing privacy for guests or an ideal space for an office or studio. This home represents the pinnacle of private desert living in North Scottsdale. Enjoy easy access to world-class golf courses, scenic hiking trails, and the charming towns of Carefree and Cave Creek. Don't miss this rare opportunity to own a piece of North Scottsdale paradise. Exquisite Interior: - Dual living areas for versatile entertaining - Gourmet kitchen featuring Wolf and Sub-Zero appliances - Formal dining room or game room for memorable gatherings - Five spacious bedrooms and four luxurious bathrooms - Separate one bedroom, one bathroom casita perfect for guests, a home gym or a private home office - Home theater room with surround sound Resort-Style Outdoor Oasis: - Solar-heated pool and spa for year-round enjoyment - Five-hole putting green for golf enthusiasts - Lush courtyard with an inviting outdoor fireplace - Built-in BBQ for al fresco dining - Stargazing areas to marvel at the desert night sky Cutting Edge Technology: - Operate the home systems from the house iPad or apps on your phone - Whole-home indoor and outdoor SONOS sound system - Smart home lighting, climate, and entertainment controls - State-of-the-art monitored security system Recent Upgrades: - Newly replaced HVAC systems (3) and water heater - Upgraded pool equipment and waterline tile - Raised garden beds with organic soil for the home chef Additional Features: - Organic raised garden beds with irrigation - Oversized 3-car garage with epoxy flooring - Large laundry room with utility sink - Ample indoor storage space - Convenient location near Desert Mountain, Mirabel, Carefree, Cave Creek and North Scottsdale - View floorplan under documents Located in North Scottsdale adjacent to Desert Mountain and conveniently close to Carefree and Cave Creek which offer a multitude of shopping, dining and outdoor recreation options. Whether you're basking in the serenity of your resort-style backyard, hosting gatherings that leave guests in awe, or enjoying the myriad of amenities that North Scottsdale offers, this home is a sanctuary designed for those who seek the very best in life.

57 Peak Point Court Sedona, AZ 86336

$2,549,000
4 Beds
5 Baths
3,516 SqFt
Status Active
MLS # 6727820
Property Type Single Family Residence
Price Type --
Discover unparalleled modern luxury and breathtaking Cathedral Rock views at this dreamy new construction masterpiece. Perched hilltop across from Oak Creek, this precious jewel offers a seamless blend of modern elegance and natural beauty, nestled in the heart of Sedona's iconic red rock landscape. Floor to ceiling windows look out onto panoramic vistas of the red rocks and desert landscape from every room. Situated on 1 acre backing up to National Forest with hiking trails right out your door, this exquisite home provides access to nature and breathtaking scenery in all directions. This meticulously designed home features 4 bedrooms 5 bathrooms, and a spacious 4 car garage - a rare find in Sedona - ensuring ample space for comfort and privacy. The gourmet chef's kitchen is a ... culinary haven, featuring premium Thermidor appliances, a striking island with a custom walnut bar. Open living areas ideal for entertaining and easy flow. Designed to integrate natural materials and feng-shui, it is both contemporary and comfortable, beautifully designed wood, stone, metal and water elements throughout. Located in Mystic Heights - one of the last private, elevated, gated communities in Sedona - it is utterly unique - surrounded by tranquil nature, with magical swimming holes at the creek within walking distance, yet only 10 minutes from Sedona's best restaurants, shopping, art galleries, and theater. Enjoy the best of everything - the tranquility of living in nature with the benefits of modern amenities, including high-speed, quantum fiber internet providing speeds of 534 Mb up and 525 Mb down (rare in Sedona). Peak Point is solar-ready, and was designed top to bottom to be low-maintenance and energy efficient, with gorgeous low-water landscaping.

8337 E La Senda Drive Scottsdale, AZ 85255

$2,545,000
3 Beds
3 Baths
3,666 SqFt
Status Active
MLS # 6771184
Property Type Single Family Residence
Price Type --
Situated on a premier golf course lot with much desired southern exposure, this superb, remodeled with an addition immaculate 3 bedroom, 3 bath plus office home is located in coveted Pinnacle Peak Country Club Estates. From the moment you drive up to the beautifully landscaped entrance with circular drive, 3 car side entrance garage and private gated courtyard you will want to call this home. In addition to the perfect location this exceptional property is the perfect blend of cozy charm and space for large gatherings offering a comfortable Living room with fireplace vaulted ceiling and dining area and the spacious Family Room which is open to the kitchen is surrounded by windows and boasts a fireplace, dining area and access to the backyard covered patio. Fully equipped kitchen features granite counters, double ovens, SS appliances and pantry. Primary bedroom has access to the backyard and primary bathroom has double sinks and walk-in shower. Guest bedroom has access to it's own bathroom and third bedroom currently being used as a den has access to the hall bath. The large backyard with covered patio and built-in-BBQ is great for entertaining or quietly enjoying the golf course and mountain views. And all is conveniently located close to shopping, dining, golf and the loop 101.

23523 N 79th Avenue Peoria, AZ 85383

$2,500,000
6 Beds
4 Baths
8,500 SqFt
Status Active
MLS # 6799459
Property Type Single Family Residence
Price Type --
Step into unparalleled luxury with this stunning 6-bedroom, 4-bathroom estate. Set on a sprawling 1-acre lot, this home boasts jaw-dropping curb appeal, complete with a beautifully maintained desert landscape and low-maintenance turf. The oversized 4-car garage and RV gate provides storage for all your needs. Inside, the grand dining and living areas feature soaring ceilings and eye-catching light fixtures that create an atmosphere of elegance. You'll find gorgeous flooring and a striking stone fireplace. The gourmet kitchen is an absolute dream with custom wood cabinetry, granite countertops, and a stylish tile backsplash. Built-in appliances, including dual wall ovens, a walk-in pantry, and an island with breakfast bar. Don't miss your chance to own this exceptional home!! Don't forget about the sizeable den, perfect for an office or even a library! Upstairs you will find a cozy loft where you can spend a relaxing Sunday afternoon. The gran primary suite showcases a private sitting room w/stylish French doors, direct balcony access, a 2nd fireplace, a walk-in closet, and a lavish bath w/dual vanities & a jetted tub. Finished basement boasts a 2nd kitchen area and a large bonus room ideal for an entertainment center! Lastly, the expansive backyard includes a covered patio, multiple seating areas, well-laid pavers, a lovely pergola, basketball court, and a fire pit! This is the opportunity of a lifetime, hurry and act NOW!

3400 N 37th Street Phoenix, AZ 85018

$2,500,000
3 Beds
2 Baths
2,597 SqFt
Status Active
MLS # 6544798
Property Type Single Family Residence
Price Type --
LOCATION! LOCATION! LOCATION! 1.2 ACRES ZONED R3 MULTIFAMILY. Great lot in Arcadia Light.