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.

18059 W Hickcox Drive Surprise, AZ 85374

$527,000
3 Beds
2 Baths
2,391 SqFt
Status Active
MLS # 6678616
Property Type Single Family Residence
Price Type --
Gorgeous PHOENICIAN model in over 55 Arizona Traditions. Boasts 3 bedrooms, 2 baths, formal living room, formal dining room and large great room overlooking backyard. Gourmet kitchen with island, seating bar, SS appliances w/gas stove, walk in pantry and quartz counters. Large laundry room w/sink and storage. Mature landscape in backyard with lots of privacy, extended pergola & covered patio. Split floorplan with large master, remodeled master bath (gorgeous shower), walk in closet. 2 more bedrooms, French doors, and full bath on other side. Garage has floor to ceiling cabinetry and work bench. New A/C, new roof, new hot water tank. AZT is an active adult community with pools, clubhouse, bar, ballroom, library, softball field and craft studios.

9622 W Whispering Wind Drive Peoria, AZ 85383

$527,000
3 Beds
2 Baths
1,702 SqFt
Status Active Under Contract
MLS # 6751479
Property Type Single Family Residence
Price Type --
This Lovingly Cared for 3 Bedroom, 2 Bath, 4' Extended 2 Car Garage Home shows like New! Entry with Tray Ceiling, Gleaming Tile Flooring and Crisp Light Color Palette. Open Concept Kitchen boasts Upgraded White Cabinets, Upgraded Granite Counters, Stainless Steel Appliances, Gas Range, Generous Island and Pantry. Beautiful Tile Flooring in all the Living Areas. Upgraded Window Coverings, Carpeting. Primary Bedroom includes a Large Bay Area Extension. Primary Bath comprises of Upgraded Granite Counters, Dual Sinks, Large Walk In Shower, Soaking Tub and Sizable Walk In Closet. Central Vacuum System, Soft Water System, Cabinets and Sink in Laundry. Built In Natural Gas BBQ, Paver Patio and Artificial Turf round out the backyard. Near Shopping, Movies, BASIS Charter School and Lake Pleasant!

5607 W Summerside Road Laveen, AZ 85339

$526,990
4 Beds
3 Baths
2,219 SqFt
Status Active
MLS # 6774554
Property Type Single Family Residence
Price Type --
''Discover the exquisite Sunflower floorplan in this stunning home that perfectly combines style and functionality. With 4 spacious bedrooms and 3 modern baths, this residence offers ample space for living and entertaining. Step inside to find a welcoming open-concept layout that flows effortlessly. The heart of the home features a gourmet kitchen adorned with dark brown cabinets, providing a rich contrast to the white Carrara Breeze quartz island. The island is not only a beautiful focal point but also includes an undermount kitchen tub sink, enhancing both style and convenience. Satin nickel finishes throughout add a touch of elegance to every room. The home boasts a unique guest retreat, perfect for visitors or as a private workspace. Beautiful plank tile flooring runs throughout the main living areas, harmonizing perfectly with the home's fixtures and offering durability and easy maintenance. For car enthusiasts or those needing extra storage, the 2.5 tandem car garage provides ample space for vehicles and gear.

3526 W Owens Court Anthem, AZ 85086

$526,990
4 Beds
2.5 Baths
2,140 SqFt
Status Active
MLS # 6790348
Property Type Single Family Residence
Price Type --
Welcome to this stunning 4-bedroom, 2.5-bathroom home nestled in a quiet cul-de-sac. Recently remodeled, this home boasts soaring high ceilings and an open floor plan designed for modern living. The gorgeous kitchen features stylish updates, including new countertops and fixtures, perfect for entertaining. Enjoy the serene backyard with a cozy fire pit and low-maintenance landscaping—ideal for relaxing evenings. With contemporary upgrades throughout and a prime location, this home is a must-see!

4505 S Mole -- Mesa, AZ 85212

$526,957
3 Beds
2 Baths
1,789 SqFt
Status Active
MLS # 6750782
Property Type Single Family Residence
Price Type --
BEAUTIFUL BRAND NEW SINGLE LEVEL HOME! This Celadon plan features a stunning kitchen with Birch Sarsparilla 42'' Upper Kitchen Cabinets w Whole House Satin Nickel Pulls. Quartz Carrara Breeze Counter Tops at Kitchen w Marazzi Marble Obsession Arabesato Matte 2x5 Picket Backsplash. 6x36 DT Vicinity White Wood Tile Flooring throughout except in bedrooms. This home is a High Performance Smart Home featuring a standard whole house air purifying system, tankless water heater and an Apple Pod Smart Home Kit for Smart Home Features.

1329 W Via De Olivos Drive San Tan Valley, AZ 85140

$526,684
2 Beds
2.5 Baths
1,811 SqFt
Status Active
MLS # 6755742
Property Type Single Family Residence
Price Type --
MLS#6755742 December Completion! Situated in the 55+ active lifestyle community of Ovation at Meridian, the Sedona floor plan is a beautifully designed single-story home offering 1,811 sq. ft. of living space. This thoughtfully laid-out plan includes 2 bedrooms, 2.5 baths, a 2-car garage, and a welcoming foyer that opens to a versatile flex room on one side and a private second suite on the other. The open-concept gathering room and kitchen create the perfect setting for entertaining or enjoying dinner while staying connected to the action. The owner's suite boasts an ensuite bathroom with double sinks and a spacious walk-in closet, offering both comfort and style. Structural options include: paver front porch, 12' x 8' sliding glass door, garage service door, 8' interior doors, bay window at owner's bath, soft water loop and gas line for future outdoor use.

25570 N 154th Lane Surprise, AZ 85387

$526,000
4 Beds
3 Baths
2,434 SqFt
Status Active
MLS # 6744491
Property Type Single Family Residence
Price Type --
This is an amazing home, this quick move-in Pearl floor plan is indeed one of our best-selling homes, it boasts a stunning design with upgraded kitchen cabinets, quartz countertops and a stylish backsplash, the master bathroom includes a spacious shower, the home is equipped with Smart Home Technology, and is also Energy Star Certified, ensuring energy efficiency, the oversized sliding glass door provides abundant natural light and easy access to the outdoors, the upgraded electrical package and recessed can lighting enhance the overall ambiance of the home, window coverings are included for privacy and aesthetics, and of course the home comes with a garage door opener for convenience and security, it's a perfect combination of style, functionality and modern features, come and see!

12414 W Cougar Drive Sun City West, AZ 85375

$526,000
3 Beds
2 Baths
2,241 SqFt
Status Active
MLS # 6796278
Property Type Single Family Residence
Price Type --
Located on the 18th fairway of Stardust GC with spectacular mountain and sunset views making it a perfect retreat for golf enthusiasts and nature lovers alike. Home offers 3 spacious bedrooms and a large office providing ample space for work and relaxation. Greeted by a welcoming gated entryway and kool deck sidewalks that enhance the curb appeal. Inside, new plank tile floors fill the entire home. New windows and sliders recently added for heat/cool efficiency. Fresh paint complimented with updated 6 panel doors and trim. Kitchen has cherry wood cabinets & granite countertops with a travertine backsplash, built-in wine fridge, stainless steel dual ovens, refrigerator, smooth cook top, quiet Bosch dishwasher & updated can lighting. Primary suite offers two walk in closets and private bath. Split floor plan for added privacy. The epoxied extended length garage has a side service door, tandem golf cart parking, washer, dryer, & utility tub. New garage door and motor. Roof 2015

3346 E Rochelle Street Mesa, AZ 85213

$526,000
4 Beds
2.5 Baths
2,105 SqFt
Status Active
MLS # 6687626
Property Type Single Family Residence
Price Type --
Charming two-story home in Lehi Crossing with stunning Mountain Views from the backyard. Features include new neutral carpeting, upstairs laundry, four bedrooms, 2.5 bathrooms, and a 2-car garage. Enjoy the tranquility of this gated community with easy access to the 202 freeway. The backyard boasts orange trees and low maintenance turf, along with PAID SOLAR panels. Ample storage under stairs and freshly painted interior complete this inviting home!

5822 W Moody Trail Laveen, AZ 85339

$525,990
5 Beds
3 Baths
2,688 SqFt
Status Active Under Contract
MLS # 6766916
Property Type Single Family Residence
Price Type --
Beautiful Brand New Home in a Highly Desirable West valley location. Features countless upgrades such as 9' ceilings, Shaw 17x17 Tile, Granite countertops in the kitchen. GE Stainless steel appliances. White shaker cabinets. Energy-efficient features throughout, WIFI & programmable thermostat. Spacious walk-in closet in the primary suite. Front yard landscaping, covered patio in the backyard. The community includes Park,basketball court and dog park. Conveniently located near the new I-10 freeway, schools, shopping and dining.

2355 E Wagon Wheel Lane San Tan Valley, AZ 85140

$525,990
5 Beds
4.5 Baths
3,020 SqFt
Status Active
MLS # 6740010
Property Type Single Family Residence
Price Type --
Nestled perfectly in the sought-after city of San Tan Valley, this 3,020-square-foot, two-story home offers 5 bedrooms, 4.5 bathrooms, a huge loft, and a 3-car tandem garage. As you enter the house, you'll find a bedroom and full bath to the right. Walking into the great room, the large 4-panel sliding glass door brings in light to brighten up the dining nook and kitchen. This home is beautifully appointed with our Coastal Collection, which includes 42'' upper shaker-style white cabinets, quartz counters, and a blue-and-grey-toned backsplash. Upstairs, you will find a spacious primary suite with a large walk-in closet and double sinks, plus a linen closet for additional storage. The second story boasts a spacious laundry room right off the huge loft. Each bedroom is equipped with its own walk-in closet and shares two full bathrooms upstairs, excluding the primary bathroom. And who could forget the large backyard? This home is a stunner, complete with a washer, dryer, fridge, and blinds!

1601 W Orchid Lane Chandler, AZ 85224

$525,900
3 Beds
2.5 Baths
1,786 SqFt
Status Active
MLS # 6764320
Property Type Single Family Residence
Price Type --
Welcome to your dream home in the highly desirable neighborhood of Andersen Springs in Chandler. This beautifully updated 3 bedroom, 2.5 bathroom home boasts a prime location, just steps away from shopping, restaurants, and easy freeway access. Step inside and be greeted by a spacious and bright open floor plan, perfect for entertaining and family gatherings. The kitchen features modern SS appliances, newly painted cabinets & hardware, and abundant storage space. The cozy family room with a fireplace is the perfect place to relax and unwind after a long day. Upstairs, you will find three generously sized bedrooms, including a master suite with a private balcony overlooking the tranquil green belt and walking trail. But that's not all - this home has received numerous recent updates, including fresh exterior and interior paint, new flooring and carpet, a serviced A/C unit, and even a new roof underlayment. Every detail has been taken care of for you, including a thorough cleaning and fresh landscaping. Don't miss the opportunity to make this dream home yours. Schedule a showing today and experience the best of Chandler living in the beautiful Andersen Springs community.