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.

1121 N Revere -- Mesa, AZ 85201

$525,900
3 Beds
2 Baths
1,981 SqFt
Status Active
MLS # 6792079
Property Type Single Family Residence
Price Type --
Gorgeous remodeled home, with a formal dining room, library off living room, skylights in kitchen, hallway and bathroom. Dual pane windows and ceiling fans. The yard features mature orange and lemon trees, locking RV gate, parking and a diving pool. This home is located near the Mesa Riverview for easy access to shopping and entertainment. This home is also close to Arizona State University with easy access to the 202.

165 E Liberty Lane Gilbert, AZ 85296

$525,500 - 3Br/2Ba -  for Sale in Gilbert And Ray Estates, Gilbert
Open House
$525,500
3 Beds
2 Baths
1,864 SqFt
Status Active
MLS # 6720132
Property Type Single Family Residence
Price Type --
This well-maintained, single-story, 3-bedroom home is located on an oversized lot, perfect for your creative vision. Imagine stepping into your spacious backyard, complete with the pool and entertainment area of your dreams, while still having plenty of room for kids or dogs to play or to plant a garden. On those rare rainy days, or when the weather is too hot or cold, you can entertain guests inside in the large, open great room. The kitchen features ample cabinets and a walk-in pantry for all your kitchenware & food, with beautiful granite countertops for meal preparation. Plus, you'll be just minutes away from downtown Gilbert, offering fun & shopping for the whole family. Don't wait, this opportunity won't last long!

16060 W Charlotte Drive Surprise, AZ 85387

$525,021
4 Beds
3 Baths
2,286 SqFt
Status Active Under Contract
MLS # 6745623
Property Type Single Family Residence
Price Type --
MOVE-IN READY, BRIGHT GREAT ROOM PLAN, QUICK CLOSE!! 4 BEDROOMS PLUS DEN, 3 BATHS, 9'CEILINGS, 8FT INTERIOR DOORS, GOURMET KITCHEN LAYOUT, UPGRADE CABINETS, GRANITE KITCHEN TOPS, SPA SHOWER, TILED FLOORING. 2'' WHITE FAUX WOOD BLINDS, CEILING FANS, ENERGY STAR QUALIFIED HOME, INDOOR AIR PLUS. A SHORT DISTANCE FROM THE COMMUNITY POOL AREA, PICNIC AREA, TOT LOTS, BASKETBALL, PICKLE BALL COURTS AND SO MUCH MORE.

1741 E Palm Parke Boulevard Casa Grande, AZ 85122

$525,000
7 Beds
3 Baths
2,948 SqFt
Status Active
MLS # 6774164
Property Type Single Family Residence
Price Type --
This delightful single-level home is ready for its next owner! Featuring a low-maintenance landscape and a welcoming front patio, it's perfect for easy living. Inside, the bright and inviting living/dining area offers neutral flooring and a soft color palette, ideal for entertaining. The kitchen is a chef's dream, complete with ample cabinets with crown molding, a pantry, and plenty of counter space for all your cooking needs. With 7 comfortable bedrooms, there's plenty of space for everyone to unwind. The home is also equipped with smoke detectors and fire sprinklers for added safety or group home use. Step outside to a covered patio where you can take in the clear blue skies. The expansive backyard, complete with a pergola and paved area is perfect for hosting gatherings

9459 S Caballero Loop Hereford, AZ 85615

$525,000
3 Beds
2.5 Baths
2,518 SqFt
Status Active
MLS # 6778060
Property Type Single Family Residence
Price Type --

6 Acr 3125 -- Vernon, AZ 85940

$525,000
4 Beds
3 Baths
1,920 SqFt
Status Active
MLS # 6787227
Property Type Manufactured Home
Price Type --
Expansive 1.49 acre lot with a huge, detached garage and tons of potential! This 4bed/3 bath home features a spacious family room and two enclosed patios providing plenty of living space for every member of the family. Two master bedrooms each with an en-suite bathroom offer comfortable multi-generational living or guest quarters. Laminate flooring throughout makes quick work of daily chores so you can spend more time on the things that truly matter. In addition to the main house and attached garage, this property features an oversized, detached garage and workshop complete with heat, electricity, and water providing the blank slate to accommodate any of your needs! You don't want to miss this one!

4792 E Powell Lake Road Topock, AZ 86436

$525,000
3 Beds
2 Baths
1,388 SqFt
Status Active
MLS # 6792901
Property Type Single Family Residence
Price Type --
This house is brand new. NO HOA! Lots of upgrades. radiant barrier plywood for the roof , cement tile roof, double layered roof paper, tile flooring & bathrooms, walk in master shower, stainless appliances, big ceiling fans with remotes. wifi thermometer. Boat deep garage! The garage is 25w x 30 deep 12' tall, door is 10' tall x 16' wide & 50 Amp, Sewer and Water hookup on exterior, garage side for RV hookups as well!

9561 Caballero Loop Hereford, AZ 85615

$525,000
4 Beds
3 Baths
2,510 SqFt
Status Active Under Contract
MLS # 6745879
Property Type Single Family Residence
Price Type --
Brand new construction located in the gorgeous newer subdivision of Rancho Arizona with unobstructed mountain views to the east and the west. Enjoy calling this property home with its 4 bedrooms and 3 bathrooms. Enjoy your time at home or entertaining with a spacious great room, dining area, and amazing kitchen complete with wall oven, gas cook range, island and granite counters. Be the first to call this one HOME!

Phoenix AZ 85037

$525,000
4 Beds
3 Baths
2,551 SqFt
Status Active
MLS # 6718696
Property Type Single Family Residence
Price Type --
BEAUTIFUL 4 BEDROOM, 3 BATHROOM HOME, WHITE KITCHEN CABINETS WITH GORGEOUS GRANITE COUNTERTOPS. BUILD IN ENTERTAINMENT UNIT WITH FIREPLACE. UPSTAIRS OVERSIZED MASTER BEDROOM WITH WALK OUT BALCONY. OUTDOOR BEAUTIFUL POOL WITH GAZEBO'S WATERFALL. PERFECT BACK YARD OASIS FOR ENTERTAINMENT & FOR YOU TO ENJOY. GREAT LOCATION CLOSE TO WESTGATE NEIGHBORHOOD, FREEWAY ACCESS AND CARDINALS STADIUM. MUST SEE!!!

5404 W Walatowa Street Laveen, AZ 85339

$525,000
4 Beds
3 Baths
2,216 SqFt
Status Active
MLS # 6730594
Property Type Single Family Residence
Price Type --
PRICE REDUCED! This beautiful home is a 2023-built home nestled on a corner lot in the desirable community of Tierra Montana. Inside, you'll find a soft, modern color palette, wood-look flooring, and a spacious, bright, and airy great room floor plan designed for entertaining. It also features a formal dining area for gourmet meals and a versatile den ideal for a home office or extra living space. The kitchen is a chef's delight, equipped with stainless steel appliances, a wall oven, expresso-stained cabinets, quartz counters, and a center island with pendant lights over the breakfast bar. Relax in the main suite, complete with a private bathroom that includes dual sinks, a garden tub, and a walk-in closet. Step outside to a landscaped, serene backyard with a covered patio, artificial turf, and a paver patio perfect for enjoyable barbecues. The home has all appliances, including a washer, dryer, and insulated garage, and the owners did $60,000 worth of upgrades at build time. This gem is minutes from Carver & South Mountain; enjoy hiking, biking, and trails, and soak in breathtaking mountain views. This is a beautiful must-see home!

11300 N Casa Dega Drive Unit 1043 Surprise, AZ 85388

$525,000
3 Beds
3 Baths
2,043 SqFt
Status Active
MLS # 6785177
Property Type Apartment
Price Type --
Experience contemporary design in a versatile living space with this move-in ready Villa. This Residence Nine floorplan is located right next to the clubhouse that includes activities such as golf, pools, sport courts, professional spa, and an on-site restaurant and bars. A welcoming entrance offers views of the home's distinct tile floors and luxurious finishes with stairs that lead to the rest of the Villa. Located just off the kitchen, the formal dining room presents an elegant ambience with beautiful accents. Overlooking the desirable great room and both covered patios is the well-equipped kitchen, enhanced by a divine center island and wraparound counters. The primary bathroom suite is tucked away for a more intimate, private setting with its own entry to the covered deck.

9859 E Tungsten Drive Mesa, AZ 85212

$525,000
3 Beds
2 Baths
1,898 SqFt
Status Active
MLS # 6795923
Property Type Single Family Residence
Price Type --
Situated within the gated section of the highly sought-after Eastmark community, this home exudes curb appeal with its stone accents and paved driveway. Step inside to discover elegant white wooden shutters, wood plank tile flooring, and a neutral paint palette that flows throughout. The kitchen is a true highlight, featuring granite countertops, staggered white shaker cabinets with under-cabinet lighting, stainless steel appliances, and an RO system. Overlooking the main living area, this space is flooded with natural light and boasts an extended shiplap accent wall, seamlessly tying the two spaces together. The primary suite is generously sized and includes Berber carpet, dual sinks, a separate tub and shower, and a spacious walk-in closet. Two additional bedrooms, perfectly sized, are conveniently located near a versatile teen room that can function as a playroom or flex space. A dedicated office near the front door offers a quiet space for work or study, while the oversized laundry room includes a sink for added convenience. Step outside to your backyard oasis, complete with an extended pergola, pavers, artificial turf, and mature lemon and lime trees. A professional-grade misting system ensures comfort during warm summer days, making this space ideal for relaxing or entertaining. Living in Eastmark means enjoying a resort-style lifestyle with access to luxurious pools, splash pads, numerous parks, the charming Steadfast Farm, and the state-of-the-art clubhouse, The Mark, which hosts year-round events and activities. Don't miss this opportunity to make this exceptional home yours!