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.

18195 W Redwood Lane Goodyear, AZ 85338

$524,000
2 Beds
2 Baths
1,695 SqFt
Status Active
MLS # 6766131
Property Type Single Family Residence
Price Type --
Welcome to this beautifully maintained home nestled in the award-winning Active Adult community of CantaMia in Estrella Mountain Ranch! PAID OFF SOLAR A RARE property on a sprawling 14,000 sq. ft lot with view fence and sparkling pool! 2 beds, 2 baths, a large office or extra room and 2 car garage! Huge chefs kitchen that opens out to the great room and comes complete w/SS appliances, quartz counters, tile backsplash, & dining area with bay window overlooking looking the yard with extended patio. Primary bedroom w/bay window, private exit, and a spotless en suite w/dual sinks, & a walk-in closet add to this wonderful floor plan! HUGE backyard also offers a lovely view fence and lots of space for entertaining.

302 W Shawnee Drive Chandler, AZ 85225

$524,000
4 Beds
2 Baths
1,886 SqFt
Status Active
MLS # 6773933
Property Type Single Family Residence
Price Type --
Well maintained home with a Sparkling pool & a brand new pump! You will enjoy the gorgeous back yard, boasting of pavers and artificial turf and large side yards for either a dog run or for entertaining. NO HOA !!! Large family room with glass sliding doors and stationary glass on each side brightening the room. Master bedroom has connected office and an exit to back patio. Kitchen also has door to the patio. Separate laundry! 2 car garage and located in a cul-de-sac! MOVE IN READY!

5659 N Roadrunner Drive Prescott Valley, AZ 86314

$524,000
3 Beds
2 Baths
1,808 SqFt
Status Active
MLS # 6783848
Property Type Single Family Residence
Price Type --
BEAUTIFUL, NEW CONSTRUCTION HOME! 3BR/2BA design totaling approximately 1,808 SF. Open/split floor plan concept with central Great Room that flows into a kitchen with stainless steel appliances, granite countertops and Shaker-style cabinets with soft-close hardware. House contains 9' ceilings and luxury vinyl plank flooring throughout, master bathroom includes a fully tiled, walk-in shower and rear patio has a gas hookup for BBQ. The garage is an oversized two-car (25' deep), and a RV pad is located alongside with full RV hookups. Exterior is clad with LP Smartside siding. Move-in ready home! No HOA, close to schools, parks, shopping, restaurants and medical facilities.

5536 W Olney Avenue Laveen, AZ 85339

$523,990
4 Beds
3 Baths
2,219 SqFt
Status Active
MLS # 6723369
Property Type Single Family Residence
Price Type --
Step into luxury and comfort with the Sunflower Plan, a meticulously designed 2200 sq ft home offering unparalleled living spaces and exquisite details throughout. This spacious abode features 4 bedrooms, 3 full baths, and a coveted guest retreat, ensuring ample room for relaxation and entertainment. As you enter, you are greeted by 8 ft tall interior doors that lend an air of grandeur, complemented by hardwood-like plank tile floors that flow seamlessly throughout the living areas, enhancing both beauty and durability. The bedrooms offer plush carpeting for cozy retreats. The heart of the home is the chef-inspired kitchen, complete with stainless steel appliances and a single-bowl undermount sink, making meal preparation a breeze. Adorned with white shaker style cabinets accented by gray cabinetry on the island and adorned with sleek white quartz countertops and a neutral backsplash, the kitchen is as stylish as it is functional. Each bathroom boasts elegant square sinks adding a touch of sophistication. The inclusion of a softwater loop ensures water quality throughout the home, while practical amenities such as a garage door opener, 2-inch faux wood white blinds, and all appliances including fridge, washer and dryer, elevate convenience to new heights. The Sunflower Plan exemplifies contemporary living at its finest, offering not just a home, but a lifestyle of comfort and sophistication. Whether hosting gatherings in the spacious living areas or enjoying quiet moments in your private sanctuary, every detail of this home has been thoughtfully curated to exceed expectations. Discover the Sunflower Plan today and envision the possibilities of luxury living tailored to your every need. This is more than a home; it's your sanctuary in every sense of the word.

4045 S 177th Lane Goodyear, AZ 85338

$523,990
4 Beds
2.5 Baths
2,343 SqFt
Status Active
MLS # 6793814
Property Type Single Family Residence
Price Type --
BRAND NEW home available! This spacious single-story Amber boasts 4 bedrooms, 2.5 baths, 3 car garage and open concept great room, kitchen and dining area. The covered front porch and back patio are perfect for entertaining! This home includes white cabinets with quartz countertop and grey tile flooring and carpet in bedrooms! El Cidro is now selling in Goodyear and will feature a playground, ramadas and picnic table. Each of our homes is built with innovative, energy-efficient features designed to help you ENJOY more SAVINGS!

30909 N 164th Street Scottsdale, AZ 85262

$523,900
3 Beds
2 Baths
1,746 SqFt
Status Active
MLS # 6508762
Property Type Single Family Residence
Price Type --
Wake up every morning to breathtaking panoramic Mountain Views in Northeast Scottsdale!!! Your BRAND NEW energy efficient three bedroom home on OVER ONE ACRE with plenty of room for additional structures and toys awaits. Buy NOW and select all your interiors from the builders included options or go semi-custom. No HOA! This exclusive area is growing fast. Be one of the first to take pride in ownership in it! Reach out to your realtor or the listing agent today to schedule a private walk of the property and meet the builder. Addt'l plans avail. Renderings are representation of elevation. Options displayed may vary. Advertised plan can be customized to add or subtract square footage. Street address listed may differ once assigned. Refer to APN.

31709 N 164th Street Scottsdale, AZ 85262

$523,900
3 Beds
2 Baths
1,746 SqFt
Status Active
MLS # 6680711
Property Type Single Family Residence
Price Type --
Enjoy spectacular panoramic Mountain Views in Northeast Scottsdale!!! Your BRAND NEW energy efficient three bedroom home on OVER ONE ACRE with plenty of room for additional structures and toys awaits. Buy NOW and select all your interiors from the builders included options or go semi-custom. No HOA! Trailheads close and minutes to Bartlett Lake. Nearby restaurants and shopping with more development in the works. Perfect for outdoor and golf enthusiasts! Views of Four Peaks, Troon Mountain, Elephant Butte and Pinnacle Peak! Renderings are representation of elevation. Options displayed may vary. Advertised plan can be customized to add or subtract square footage. Street address listed may differ once assigned. Refer to APN. Additional plans available.

9153 W Salter Drive Peoria, AZ 85382

$523,000 - 5Br/3Ba -  for Sale in Dove Valley Ranch, Peoria
New
$523,000
5 Beds
3 Baths
2,691 SqFt
Status Active
MLS # 6799015
Property Type Single Family Residence
Price Type --
Perfect for a large family. This beautiful two story 3 car garage In North Peoria. Front has a great court yard with pavers. Eat in kitchen is complete with center island, granite counter tops, tile back splash, custom cabinets, and stainless steel appliances and Water Softener. Large family room off eat in kitchen. Wood stair case to loft that overlooks living and formal dining room. Master bathroom with His & her vanities Backyard features an extended covered patio with lush green grass.

15017 S 25th Way Phoenix, AZ 85048

$523,000
3 Beds
2 Baths
1,647 SqFt
Status Active
MLS # 6757676
Property Type Single Family Residence
Price Type --
Model Perfect Single level in MPR. Great open floorplan!! Remodeled Kitchen and baths feature Stone Creek cabinets, granite countertops and upgraded fixtures. Entire interior freshly painted August 2024. Large Master suite with spa like bath. Custom cabinets in master closet. Two good sized secondary bedroom and remodel hall bath. Good size back yard with mature landscaping front and back. Custom built in cabinets in garage with pull down ladder for storage. HOA features 3 community pools and spas, tennis court, volleyball, and playground. Home in walking distance to school and community area. Great Mountain Park Location. Move in ready home!!!

1445 W Saddle Run Apache Junction, AZ 85120

$522,990
4 Beds
2 Baths
2,137 SqFt
Status Active
MLS # 6750783
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 Barletta floor plan offers a refined single-story design with four bedrooms and a generous flex space, ideal for an office, TV room, or study. It comes with beautifully landscaped front yard and will be ready for move-in by October or November 2024. Enjoy proximity to community parks, grocery stores, and a variety of restaurants.

5542 W Summerside Road Laveen, AZ 85339

$522,990
4 Beds
3 Baths
2,219 SqFt
Status Active
MLS # 6757999
Property Type Single Family Residence
Price Type --
''Step into luxury and comfort with the Sunflower Plan, a meticulously designed 2200 sq ft home offering unparalleled living spaces and exquisite details throughout. This spacious abode features 4 bedrooms, 3 full baths, and a coveted guest retreat, ensuring ample room for relaxation and entertainment. As you enter, you are greeted by 8 ft tall interior doors that lend an air of grandeur, complemented by 6'' by 36'' wood-like plank tile floors that flow seamlessly throughout the living areas, enhancing both beauty and durability. The bedrooms offer plush carpeting for cozy retreats. The heart of the home is the chef-inspired kitchen, complete with stainless steel appliances and a single-bowl undermount sink, making meal preparation a breeze. Adorned with white shaker style with clean polished chrome hardware and a striking blue Zellige Cielo backsplash. Carrara style quartz bring a touch of traditional charm. Beyond the stylish kitchen lays an entertainers dream with a 4 panel sliding glass door to bring together the great room and covered patio with ease. The inclusion of a softwater loop ensures water quality throughout the home, while practical amenities such as a garage door opener, 2-inch faux wood white blinds, and all appliances including fridge, washer and dryer, elevate convenience to new heights. The Sunflower Plan exemplifies contemporary living at its finest, offering not just a home, but a lifestyle of comfort and sophistication. Whether hosting gatherings in the spacious living areas or enjoying quiet moments in your private sanctuary, every detail of this home has been thoughtfully curated to exceed expectations. Discover the Sunflower and envision the possibilities of luxury living tailored to your every need. This is more than a home; it's your sanctuary in every sense of the word.

5100 E Rancho Paloma Drive Unit 2024 Cave Creek, AZ 85331

$522,900
2 Beds
2 Baths
1,420 SqFt
Status Active
MLS # 6654665
Property Type Apartment
Price Type --

Experience contemporary luxury in this 2-bed, 2-bath Rancho North condo, priced at $524,900. Built in 2020 by Homes by Towne, the 1,420 sqft residence offers a resort-like ambiance with a pool, spa, and fitness facility. The open floor plan includes stainless steel appliances, a gas stove, and a spacious island, with high-end furnishings available for purchase. Meticulously maintained, this pet-free, smoke-free property features mountain views, a balcony, and is conveniently located near downtown Cave Creek and Carefree. With a one-car garage, enjoy a carefree lifestyle.Discover the charm of this Beautiful Condo in Rancho North. Your perfect home awaits!