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.

17428 N 27th Street Phoenix, AZ 85032

$529,990
4 Beds
3 Baths
1,764 SqFt
Status Active
MLS # 6791443
Property Type Single Family Residence
Price Type --
LISTED BELOW APPRAISED VALUE* Welcome to this incredible property, ideal for investors seeking multiple rental incomes or anyone in need of a spacious lot with endless potential! The front yard, complete with an RV gate, offers plenty of room for parking & expansion. Inside, you have two homes in ONE. Primary home includes 3 bedrooms, 2 bathrooms PLUS a flex room for guests or to use as an office. Attached is a 1 bed/ 1 bath studio, which has a separate entrance and is perfect for generating rental income, housing guests, or even creating a personal retreat. The guest studio includes a cozy living area, kitchenette, bedroom, and an additional bathroom. Whether you're looking to invest in rental properties or simply want a spacious lot to own, this home has everything you need.

10919 N 81st Avenue Peoria, AZ 85345

$529,990
4 Beds
3 Baths
1,993 SqFt
Status Active
MLS # 6787777
Property Type Single Family Residence
Price Type --
BRAND NEW BUILT!! With no HOA.This home features a Large Open floor plan with 9ft ceilings, with Large Living Room and Dinning area. Kitchen with White Cabinetry and Granite Counter top and stainless Steel appliances. Tile throughout the high traffic areas of the house and new carpet in bedrooms. The house layout provides an open space feeling from the moment you enter the front door. All bedrooms are very good size and bathrooms are upgraded with tile. Rv gate on side of the house . Back yard is ready for your dream back yard to be build. The best of all is that you are moving into a NEW HOUSE WITH NO HOA!

19806 W San Miguel Avenue Litchfield Park, AZ 85340

$529,913
4 Beds
2 Baths
1,862 SqFt
Status Active
MLS # 6730962
Property Type Single Family Residence
Price Type --
Wow! Better than new and available today with Amazing mountain views! This home is placed on a 70' wide lot and offers an RV gate for your toys. Resort backyard with heated spa under beautiful pergola, pavers and more. As you enter this highly upgraded single level with upgraded elevation of stone and gated front seating area, you will notice over sized 24X12 tile floors, large open kitchen with island open to the great room, walk in pantry, built in microwave and more. Large master bedroom has two walk in closets, separate shower and tub and double sinks. Don't forget to notice the flex teen space or office area. North South exposure and washer, dryer, refrigerator and spa convey with sale. To show is to sell!

4013 S 178th Lane Goodyear, AZ 85338

$529,900
4 Beds
3.5 Baths
2,639 SqFt
Status Active
MLS # 6794374
Property Type Single Family Residence
Price Type --
Welcome to The Juniper Floor Plan, a magnificent single-story haven meticulously designed to offer space, comfort, and versatility. Boasting an expansive 2,639 square feet, this home features 4 bedrooms, 3.5 bathrooms, and a 2-car garage, along with a flex room! Designed for both comfort and luxury, this home includes: •

19824 N 14 Plain Phoenix, AZ 85024

$529,900
3 Beds
2 Baths
1,867 SqFt
Status Active
MLS # 6774111
Property Type Single Family Residence
Price Type --
Charming Home for Sale! Located in the heart of North Phoenix! Desirable location near Loop 101, SR51, I-17, shopping and school. Looking for your dream home? Look no further! This beautifully maintained 3-bedroom 2-bathroom home. With a new Kitchen and Granite new flooring, New A/C unit, and much more. Act Fast - this property won't stay at the market for long!

14130 W Bent Tree Circle Litchfield Park, AZ 85340

$529,900
3 Beds
2 Baths
2,188 SqFt
Status Active
MLS # 6699735
Property Type Single Family Residence
Price Type --
Price Alert! Holiday Special Pricing! No payments until 2025. Imagine celebrating the Holidays in your new home gathered around the cozy fireplace, sipping cocoa with your family and celebrating with friends in this spacious family home. Starting new traditions and making memories while ringing in the New Year. The seller has found this spacious home to be more than he needs. He hopes to find a new owner who will appreciate and care for this beautiful property as much as his family did. The home is located in the Guarded and Gated community of Litchfield Greens. Impeccable Home Retreat! This stunning residence offers formal living and dining areas, along with a spacious kitchen with ALL APPLIANCES INCLUDED, EVEN THE REFRIGERATOR The oversized 2-car garage boasts epoxy flooring and built-in cabinets.Outside, find a covered patio with built-in BBQ grill and a tranquil private area. Perfect for intimate gatherings! Welcome to your new sanctuary! Keep the APS-owned solar panels with no lease and no payments or have them removed...your choice!

7806 E Loma Land Drive Scottsdale, AZ 85257

$529,900
3 Beds
2 Baths
1,092 SqFt
Status Active
MLS # 6761497
Property Type Single Family Residence
Price Type --
**RENOVATED BLOCK HOME** NEWER ROOF, A/C, WINDOWS & WATER HEATER SO THE BIG TICKET ITEMS ARE DONE! INSIDE YOU'LL FIND TILE FLOORING THROUGHOUT, OAK CABINETRY W/BUILT-IN DESK STATION, GRANITE C/TOPS, 6-PANEL INTERIOR DOORS, CEILING FANS, RECESSED CAN LIGHTING, TILED SHOWERS IN BOTH BATHROOMS AND FRIDGE, WASHER & DRYER STAY TOO. INSTANT CURB APPEAL WITH STACKED STONE ACCENT BANNER & RECENT PAINT, SECURITY SCREEN DOORS, SEPARATE LAUNDRY ROOM W/AMPLE SHELVING + ADDITIONAL STORAGE ROOM THAT COULD EASILY BE TURNED INTO A HOME WORKSHOP, COVERED PATIO W/FAN, REAL GRASS (SPRINKLERS WORK), FIREPIT, RV GATE WITH PARKING ABILITY (NO HOA) & FENCED STORAGE AREA ON THE EAST SIDE. LOCATED IN DESIRABLE SOUTH SCOTTSDALE CLOSE TO THE LOOP 101 & MAJOR EMPLOYMENT CENTERS + EL DORADO PARK & AQUATIC CENTER.

13529 W Remuda Drive Peoria, AZ 85383

$529,900
4 Beds
3 Baths
2,245 SqFt
Status Active
MLS # 6776927
Property Type Single Family Residence
Price Type --
House with a Casita!!! This Casita has it's own kitchen, bedroom, living room, laundry room and bathroom. The main bedroom showcases plush carpeting, double sinks, and a walk-in closet. This delightful 4-bedroom, 3-bath residence features a 2-car garage, stylish pavers, an RV gate, and a tasteful desert landscape. You're greeted by an enchanting great room with high ceilings, a soothing palette, blinds, and attractive wood-look flooring. The spotless kitchen comes with granite counters, crisp white cabinetry with crown moulding, a tile backsplash, recessed lighting, stainless steel appliances, a handy pantry, and an island with a breakfast bar for casual dining. Enjoy quiet outdoor moments in the backyard, (Grass was put in on pics). offering a covered patio and a lovely ramada.

18027 W Tierra Del Sol Drive Surprise, AZ 85387

$529,900
3 Beds
2 Baths
1,950 SqFt
Status Active
MLS # 6780455
Property Type Single Family Residence
Price Type --
Popular BORGATA model (1950sqft). Extended driveway. Driveway and sidewalk to front door have been decoraticely treated. Beautiful custom entry door with glass & Screen. Full 3 bedroom, split floor plan. 18'' tile on diagonal, carpet in 2 bedrooms, wood flooring in 3rd. Kitchen has chiseled granite, dark cherry cabinets w/molding, stainless steel appliances. Surround sound. Primary bedroom bay window, double sinks, California closet Guest room has built in desk. Laundry room has sink, cabinets and auto-light. Garage has built in cabinets. Extended rear patio, new grill, fire pit and water feature on a timer. Remote blinds in living room and patio. Water Heater 2015, furnace 2012, water softener 2018, OWNED solar 9/2016. FURNISHINGS AVAILABLE

13327 W Red Range Way Peoria, AZ 85383

$529,900
4 Beds
2 Baths
1,834 SqFt
Status Active
MLS # 6786179
Property Type Single Family Residence
Price Type --
Discover your ideal home in the scenic Vistancia Northpointe community! This exceptional 4-bedroom, 2-bathroom residence offers a flexible den and a spacious island kitchen accented with custom fixtures that flow seamlessly into the inviting great room, perfect for today's lifestyle. The expansive primary suite features his-and-hers walk-in closets, a luxurious bathroom with a walk-in shower, and dual vanities. Elegant hardwood floors grace the entire home, while stylish tile enhances the bathrooms. Enjoy breathtaking mountain views from your peaceful, highly-desirable neighborhood. Welcome to your perfect sanctuary!

14017 N Burning Tree Place Phoenix, AZ 85022

$529,900
2 Beds
2 Baths
1,753 SqFt
Status Active
MLS # 6787079
Property Type Single Family Residence
Price Type --
Perfect place to call home on a corner lot across from a stunning greenbelt in an all single level quiet neighborhood of Moon valley/ north Phoenix area. This adorable home is spacious, light and bright and has an updated kitchen with stainless steel appliances, dual pane windows, granite counters, tile throughout most of the home, brand new custom front door, gated entry, updated bathrooms with granite counters, and a VERY large living area. 2 spacious bedrooms and a perfect flex room/den that can be a 3rd bedroom or hobby room. This home has it all.

11867 W Grant Street Avondale, AZ 85323

$529,900
5 Beds
2.5 Baths
3,204 SqFt
Status Active
MLS # 6790009
Property Type Single Family Residence
Price Type --
Look no further! This fantastic 5 bed, 2.5 bath residence in Glenhurst is now for sale! Great curb appeal, a no-fuss front yard, and a 3 car garage are just the beginning. Discover spacious dining & living areas w/tile flooring, plantation shutters, and custom palette throughout. The fabulous kitchen is equipped w/ample cabinetry, granite counters, a walk-in pantry, stainless steel appliances, and an island complete w/a breakfast bar. You'll love the primary bedroom, boasting a walk-in closet and a full ensuite w/dual sinks for added convenience. Continue upstairs and into the cozy loft w/soft carpet, where you can sit back and enjoy a lazy Sunday afternoon. Also including a lovely backyard w/a covered patio and a sparkling blue pool/spa combo, this home is a dream come true! Act NOW!