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.

12315 N Chama Drive Unit 102 Fountain Hills, AZ 85268

$529,900
3 Beds
2.5 Baths
1,781 SqFt
Status Active
MLS # 6779087
Property Type Townhouse
Price Type --
Discover desert living in this charming 3-bedroom, 2.5-bathroom townhouse in scenic Fountain Hills! Located in an exclusive neighborhood of just 10 homes, this residence offers a tranquil atmosphere and thoughtful design. The well-maintained property features an inviting open floor plan, abundant natural light, and a spacious kitchen for effortless entertaining. The primary suite has a private balcony, perfect for enjoying sweeping mountain views and peaceful Arizona nights. A cozy private patio extends your living space outdoors, while the two-car garage provides convenience and ample storage. The community pool adds a touch of luxury, offering a refreshing escape on warm days. Enjoy the best of both privacy and community in this unique, highly sought-after neighborhood!

17446 W Gelding Drive Surprise, AZ 85388

$529,900
4 Beds
2.5 Baths
2,416 SqFt
Status Active
MLS # 6779117
Property Type Single Family Residence
Price Type --
You'll LOVE this incredible 4 bed 2.5-bath. Recent updates include painted cabinets, new A/C units, new carpet, new pool fence, freshly painted. All Single Level block home neighborhood. This home boasts a spacious living room & formal dining room. The home exudes elegance with its tall ceilings, soothing paint tones, lovely light fixtures, classic tile flooring, and plush carpeting. Kitchen features SS appliances, granite counters, a center island, a walk-in pantry, ample white cabinetry w/ crown molding, and a bright breakfast nook w/ bay window. Generous bonus room is great for a hobby/media room. Retreat to the main suite with an immaculate ensuite, and a walk-in closet. Escape to the entertainer's backyard with a covered patio and a refreshing pool.

1841 E Gary Way Phoenix, AZ 85042

$529,900
3 Beds
2 Baths
2,259 SqFt
Status Active
MLS # 6780909
Property Type Single Family Residence
Price Type --
What a wonderful home! Most popular floor plan in sought after Highline Ranch. The best elevation with stone veneer and the only one with a courtyard entry. Open floor plan with 3 bedrooms ''plus'' a large den that could be a 4th. Open floorplan with a wall of windows overlooking a stunning backyard with a fire pit, fountain, synthetic grass and mountain views. Yard is plenty big enough for a pool. Wonderful kitchen with a bay windowed breakfast overlooking the yard, lots of staggered cabinets, huge island, granite counters, backsplash, stainless appliances including a gas stove and a breakfast bar. Primary bedroom has a private door to the patio, bay window, grand ensuite with his and hers vanities and a glass block walk in shower. The home comes with all appliances including W/D.

3732 E South Fork Drive Phoenix, AZ 85044

$529,900
4 Beds
2.5 Baths
2,082 SqFt
Status Active Under Contract
MLS # 6755167
Property Type Single Family Residence
Price Type --
Welcome to this spacious 2-story, 4-bedroom, 2.5-bath home nestled in one of the most sought-after suburbs of Phoenix. With over 2,000 square feet of living space, this home is designed for families looking for comfort, convenience, and a vibrant community. As you step inside, you're greeted by an inviting layout that perfectly blends style and functionality. The open-concept living and dining areas offer ample space for entertaining, while large windows provide natural light, creating a warm and welcoming atmosphere. The kitchen is equipped with modern appliances, plenty of storage, and a breakfast nook for casual family meals. Upstairs, the primary suite offers a peaceful retreat with an en-suite bath, dual vanities, and a spacious walk-in closet. Additional bedrooms provide plenty of space for family, guests, or a home office. One of the standout features of this home is its location no neighbors directly in front means added privacy and open views. With easy to maintain front and backyard with artificial turf! BRAND NEW CARPET AND FRESH PAINT INSIDE THE HOME!

15192 W Las Brizas Lane Sun City West, AZ 85375

$529,900 - 2Br/2Ba -  for Sale in Sun City West Unit 57, Sun City West
Open House
$529,900
2 Beds
2 Baths
1,856 SqFt
Status Active
MLS # 6788579
Property Type Single Family Residence
Price Type --
Pride of ownership! This charming 2-bedroom, 2-bath residence is nestled on a delightful golf course lot! Discover a serene great room with high ceilings, a neutral palette, and durable tile flooring. The gourmet kitchen features a breakfast nook, crisp honey oak cabinetry with crown moulding, recessed lighting, sleek stainless steel appliances, a pantry, and a two-tier peninsula with a breakfast bar. You'll also find a den ideal for an office or study. Have a good night's sleep in the primary bedroom, offering plantation shutters, a sitting nook, an ensuite with double sinks, and a walk-in closet. Enjoy peaceful outdoor moments in the backyard, complete with a covered patio, a fire pit for evenings under the stars, and excellent views of the golf course. Make it yours today!

18658 N Tanners Way Maricopa, AZ 85138

$529,900 - 4Br/2Ba -  for Sale in Smith Farms Parcel 7, Maricopa
Open House
$529,900
4 Beds
2 Baths
2,596 SqFt
Status Active
MLS # 6755915
Property Type Single Family Residence
Price Type --
''Best home on Tour'' for two months in a row. Come see why! Welcome to the beautiful City of Maricopa, one of the fastest growing cities in Arizona. This Beautiful freshly painted 4-bedroom 2-bath home is located in the desirable community of Desert Passage. This Property features formal living and dining areas, updated kitchen with high end appliances. Come relax on your covered patio, opening up to a large grass yard, take a dip in the pool or enjoy something from the mature citrus trees. This home is a Must see!!

6474 S Claiborne Avenue Gilbert, AZ 85298

$529,900 - 3Br/2Ba -  for Sale in Seville, Gilbert
Open House
$529,900
3 Beds
2 Baths
1,652 SqFt
Status Active
MLS # 6776073
Property Type Single Family Residence
Price Type --
Location on this one! So Cute and newly refreshed, in one of Gilberts' Premiere Communities!! Seville offers golf and Country Club membership access. Granite countertops throughout kitchen and bathroom along with beautiful backslash. Backyard is beautifully landscaped for relaxing outdoor enjoyment. Only minutes from Gilbert's San Tan Village Marketplace for shopping, dining and entertainment. A home to see, A home to enjoy, A home to make your own.

1032 W Finch Drive Queen Creek, AZ 85140

$529,890
4 Beds
3 Baths
1,858 SqFt
Status Active
MLS # 6788961
Property Type Single Family Residence
Price Type --
Ready end of December!! Near all the amenities and park area. 4 Bedrooms 3 baths, beautiful Staggered White cabinets with Quartz Counter tops, Gas range, wood look tile, tile backsplash and two-tone paint throughout!! Great sized backyard with covered patio to enjoy. Just steps away from all the amazing Amenities North Creek has to offer.

34702 N Ashwood Drive San Tan Valley, AZ 85144

$529,845 - 3Br/3Ba -  for Sale in Pinnacle At San Tan Heights, San Tan Valley
Open House
$529,845
3 Beds
2.5 Baths
2,286 SqFt
Status Active
MLS # 6723167
Property Type Single Family Residence
Price Type --
Beautiful 2 story with view of the San Tan mountains. Gourmet kitchen layout with stainless steel appliances, extended cover patio and 8' interior doors.

15832 W Fillmore Street Goodyear, AZ 85338

$529,800
3 Beds
2 Baths
2,309 SqFt
Status Active
MLS # 6776695
Property Type Single Family Residence
Price Type --
This property is the epitome of pride in ownership--impeccably maintained by original owner with $100k+ in upgrades: owned solar, water softener system, fresh paint, custom pool/spa, outdoor kitchen/ entertainment space finished with fresh Meyer lemons, limes & navel orange trees. Prime location -thoughtfully enhanced with custom finishes to not only be a perfect entertainment home but also energy efficient. Discover a harmonious balance of sophistication and warmth, this property is ready to welcome its new owner(s).

1520 W Jacinto Avenue Mesa, AZ 85202

$529,800
3 Beds
2.5 Baths
1,838 SqFt
Status Active
MLS # 6789220
Property Type Single Family Residence
Price Type --
WOW! $15,000 in seller credits with any full-price offer! Ask about financing credits too! This stunning turn-key 2024 fully remodeled home features new waterproof laminate floors, dual-pane windows, upgraded bathrooms, refreshed kitchen, fresh paint inside and out, new fireplace, balcony, pavers, fans, and lighting. Brand new roof 2024! The peaceful front yard with a large olive tree and firepit welcomes you. Inside, enjoy a bright vaulted foyer, formal dining room with French doors, and an open kitchen/living area with stainless steel appliances, granite, and a retro-brick fireplace. Upstairs the spacious primary bdrm includes a walk-out balcony, beautiful bathroom, and walk-in closet. 2 addl bdrms upstairs as well. Community pool. Great location! Too much to list - see it today!

16953 W Merrell Street Goodyear, AZ 85395

$529,700
2 Beds
2.5 Baths
1,825 SqFt
Status Active
MLS # 6772828
Property Type Townhouse
Price Type --
3 Years New! Gorgeous corner lot villa nestled in the 55+ Pebble Creek Community.Discover a harmonious interior showcasing a neutral tile floor,soothing color palette,stylish light fixtures,& multi sliders merging indoor w/the outdoor living. The chef's kitchen boasts wood cabinets w/crown moldings & pull out organizers. GE Profile Appliances,Quartz Counters,Custom tile backsplash, a Pantry & a large center island for entertaining.The primary bedroom features soft carpet, a private bathroom with dual sinks and a huge walk in shower & walk in closet. Upgrades include a whole home green water system , murphy bed w/closet in the office/den and epoxy garage floor. Enjoy relaxing in the private backyard offering a covered patio and endless blue skies