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.

1533 E Kramer Street Mesa, AZ 85203

$529,500
4 Beds
2 Baths
1,543 SqFt
Status Active
MLS # 6784460
Property Type Single Family Residence
Price Type --
Welcome to this beautiful, fully remodeled home in one of the best parts of Mesa! This home features a 2 car garage, extended driveway and an RV gate - the property also does not have an HOA! Inside you will find 4 bedrooms and 2 full bathrooms. The backyard has a bocce ball court, putting green and a space for you to park your toys behind the rv gate. The backyard features mature trees and an extended patio for the ultimate outdoor experience. You will find that this backyard is very peaceful and quiet. Capitalize on this opportunity to own a great home in a wonderful neighborhood! Ask about how you can purchase the home fully furnished!

18002 W Vogel Avenue Goodyear, AZ 85338

$529,176
4 Beds
3 Baths
2,841 SqFt
Status Active
MLS # 6744327
Property Type Single Family Residence
Price Type --
This home has 4 Bedrooms +Loft +Study, 3 Bathrooms & a 3-Car Tandem Garage. Bedroom & Full Bathroom Downstairs! - Great Room overlooks LARGE Backyard! Gourmet Kitchen has 42″ White Painted Cabinets over white quartz counters with large kitchen island. VERY Spacious Primary Bedroom. Loft and Study upstairs offer extra space for different needs. Great Neighborhood with Pickleball, 3 Playgrounds, Basketball Court, and a Community Pool coming next Summer!

27018 N 168th Lane Surprise, AZ 85387

$529,065
5 Beds
3 Baths
2,868 SqFt
Status Active
MLS # 6790482
Property Type Single Family Residence
Price Type --
On the hunt for a new home this year? Here's a wonderful home in the heart of Sunrise/Surprise that just released to the MLS. Very spacious high performance Mazatal plan. This home features a deluxe gourmet kitchen, with an open concept feel. This popular floor plan includes a study, 2 bedrooms and full bath downstairs and a loft and 5 bedrooms with 3 full baths upstairs. All rooms are very spacious! Additionally, enjoy home automation, geofencing, and a whole home air purification system.

2119 E Jennifer Lynn Way Phoenix, AZ 85022

$529,000 - 3Br/3Ba -  for Sale in The Agave, Phoenix
Open House
$529,000
3 Beds
2.5 Baths
1,751 SqFt
Status Active
MLS # 6794594
Property Type Townhouse
Price Type --
The Agave - A rare combination of Space, Style, Quality, and Value where Design Matters. Be inspired by the warm tones and natural textures of the desert where the Sagebrush and Adobe interior color schemes boldly echo the beauty of The Agave. Modern, Flat-Panel Kitchen Cabinetry in Matte color-ways, Solid-surface, Spa-Inspired Flat-Panel vanity cabinets in natural-wood tone finishes in Bathrooms. Standard LVT flooring installed in the entire home, Quartz Countertops and Tile shower surrounds. Standard Accent painted interior doors and jambs for a bold, effortless design touch. Ceiling fans included as well as EV prewire. The Wren showcases a generous backyard and second floor deck to bring the outside in.

12794 W Burnside Trail Peoria, AZ 85383

$529,000
3 Beds
2 Baths
1,719 SqFt
Status Active
MLS # 6762934
Property Type Single Family Residence
Price Type --
Gorgeous 3-bedroom corner lot gem in Vistancia! Step inside to discover wood-look tile floors, ceiling fans throughout, solar tubes for natural light, plantation shutters, & epoxy flooring in garage. Recent updates include carpet, paint & AC Condenser. The spacious great room is perfect for entertaining. The kitchen is a chef's dream, offering upgraded white cabinetry with lots of cabinet pull outs, stainless steel appliances, stylish tile backsplash, granite counters, & a large center island with a breakfast bar. The master suite is bright with lots of windows & has nice size walk in closet. The master bathroom has dual head open shower. The backyard boasts a covered patio, ample space for entertaining & breathtaking Mountain views! Vistancia HOA includes all the awesome amenities.

501 N Vine Street Chandler, AZ 85225

$529,000
4 Beds
2 Baths
1,868 SqFt
Status Active
MLS # 6770201
Property Type Single Family Residence
Price Type --
Welcome to this No-HOA home in the heart of Chandler. Set on a HUGE corner lot! Plenty of room to park toys or build an ADU. All the important things have been updated - HVAC, plumbing, electrical, roof (w/ commercial-grade insulation), OWNED solar, windows, water heater, & more. Very energy-efficient - in Sept, w/ thermostat set 24/7 to 76, the electric bill was $16! Multiple patios & new turf. Lots of storage in & out w/ extra closets (1 Cedar) & 2 sheds. Rare find in this area - so much land, no HOA, 4 BDRM & open layout. Don't miss this!

1707 W Birch Drive Payson, AZ 85541

$529,000
3 Beds
2 Baths
1,686 SqFt
Status Active
MLS # 6775074
Property Type Single Family Residence
Price Type --

2849 E Oriole Drive Sierra Vista, AZ 85635

$529,000
4 Beds
2 Baths
2,393 SqFt
Status Active
MLS # 6776626
Property Type Single Family Residence
Price Type --
Location, location, location! Located in the heart of town, you are just within a 4-minute drive to get to major retailers and park, the Elementary school is less than 5-minute walking distance from this home. From the circular driveway, you can begin to appreciate how spacious this home is. Full length front and back patios bring the elegance to the house. The large and bright living room gives you plenty of sitting space for entertaining. The kitchen has a unique design to maximize counter and storage space. Enjoy the heated pool with a new motor - entire pool has been resurfaced. Low-maintenance backyard, with multiple storage sheds that have power will allow maximum storage for all your toys. The RV parking lot with power hook ups is another plus!

13170 W Chaparosa Way Peoria, AZ 85383

$529,000
3 Beds
2 Baths
2,067 SqFt
Status Active
MLS # 6778479
Property Type Single Family Residence
Price Type --
Amazing opportunity to live in the highly desirable Vistancia community with its pools, parks, golf, and proximity to nature! Home built in 2007 and remodeled in 2019 with over $50,000 in upgrades including huge gourmet kitchen with marble tile backsplash and granite countertops, updated bathrooms, water softener, new lighting, pavers in backyard, new artificial turf plus pergola and so much more! Come tour this light and bright home! The family room is super sized for all your entertainment needs!

2999 Glenview Drive Sierra Vista, AZ 85650

$529,000
2 Beds
2 Baths
2,190 SqFt
Status Active
MLS # 6787711
Property Type Single Family Residence
Price Type --
FABULOUS CUSTOM CUNNINGHAM HOME on the 11th Fairway!! Upon entering this Luxurious home the craftsmanship starts with the beautiful archways and stunning copper fountain. The home features CERAMIC TILE, ANDERSON WINDOWS, CUSTOM PLANTATION SHUTTERS throughout and 2 SEPARATE DENS. The living room leads out thru the french doors to a well manicured yard and 3 spacious outside living areas. The split master suite has a gas fireplace, 2 walk-in closets, gorgeous jetted tub. The kitchen is a cooks delight w/ample storage, kitchen island, spacious pantry and a coffee bar area. Other upgrades are NEW ROOF, NEW A/C, surround sound, central vac, sec system, water softener, raised garden. Lemon, Fig & Peach fruit trees. Garage has tons of built-in storage and enough room for your golf cart. FABULOUS CUSTOM CUNNINGHAM HOME on the 11th Fairway!! Upon entering this Luxurious home the craftsmanship starts with the beautiful archways and stunning copper fountain. The home features CERAMIC TILE, ANDERSON WINDOWS, CUSTOM PLANTATION SHUTTERS throughout and 2 SEPARATE DENS. The living room leads out thru the french doors to a well manicured yard and 3 spacious outside living areas. The split master suite has a gas fireplace, 2 walk-in closets, gorgeous jetted tub. The kitchen is a cooks delight w/ample storage, kitchen island, spacious pantry and a coffee bar area. Other upgrades are NEW ROOF, NEW A/C, surround sound, central vac, sec system, water softener, raised garden. Lemon, Fig and Peach fruit trees. Garage has tons of built-in storage and enough room for your golf. Text me for tour!

19952 N Window Rock Drive Surprise, AZ 85374

$529,000
2 Beds
2 Baths
2,304 SqFt
Status Active
MLS # 6788868
Property Type Single Family Residence
Price Type --
This beautiful Stonecrest model sits on a large 11,538 SF lot on a quiet street in The Grand. New roof underlayment Nov 2024! Sold fully furnished W golf car.Check out the drone shots showing the backyard private oasis, perfect for gorgeous AZ Sunsets.Extended pergola for shade, built in BBQ, putting green,sunning areas,orange&lemon trees. Kitchen has breakfast bar, granite,SS appliances,newer fridge and microwave, slate & glass backsplash for a designer touch. Master bedroom is extended with a cozy bay window seating area & private exit to the back patio,Master bath features travertine flooring and matching travertine vanity countertop, tub and shower.Vessel sinks and a walk in closet finish off this luxury bathroom.Den/craft room,water softener,2023 HWH replaced.Don't miss this one!

16938 W Desert Rose Lane Surprise, AZ 85387

$529,000
3 Beds
2.5 Baths
1,834 SqFt
Status Active
MLS # 6791374
Property Type Single Family Residence
Price Type --
his Desert Rose model is a must-see for anyone looking for a MOVE-IN ready home with plenty of space to entertain. The home features a versatile CASITA that can accommodate a variety of needs, whether it's an additional bedroom, a dedicated craft space, or a private home office. It has been freshly painted inside and out,A/C 2017. The kitchen has granite counter top and stainless steel appliance. Home is within walking distance from the Cimarron Center. Come see what The Grand a 45+ community has to offer: four 18-Hole Championship Golf Courses, Fitness Center & Day Spa, Tennis and Pickle ball Courts.