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.

21145 W Sunrise Lane Buckeye, AZ 85396

$525,000
3 Beds
3.5 Baths
2,135 SqFt
Status Active
MLS # 6718611
Property Type Townhouse
Price Type --
This quaint Townhome is located in the heart of Verrado! The home is very inviting and warm with a electric fireplace as you walk in with a feature wall done in black, the kitchen is stunning with black cabinetry and gold handles, stainless steel appliances are included, laminate floors throughout, primary bedroom is on the main floor, updated bathroom with a walk-in shower and vessel sinks, a coffee nook awaits you right out side the bedroom, washer and dryer are on the main floor, upstairs has one bedroom, full bath with a sitting room or an office area with a door to the balcony, Up above the garage is a casita with a updated bathroom and a kitchenette, you can enjoy coffee on your front porch in the morning, the back yard has synthetic grass. Walking distance to shopping, dining and schools. Plenty of trails to hike or Mtn bike ride, and of course the Verrado stairs are very close by. Home can also be sold furnished on a separate Bill of Sale

4423 E Ponca Street Phoenix, AZ 85044

$525,000
2 Beds
2 Baths
1,436 SqFt
Status Active
MLS # 6735342
Property Type Single Family Residence
Price Type --
Investor Alert! Lovely golf coarse home with a beautiful lot. Entire home renovated in 2021. New wood floors throughout. Interior boasts a spacious living/dining room with bountiful natural light, high ceilings. The family room is perfect for entertaining & has sliding glass doors leading to the spacious back patio. The updated kitchen has new granite counters new stainless appliances and a large breakfast bar The master bedroom comes with a sizable sitting room that could potentially be an additional bedroom, a walk in closet, sliding doors to the backyard and a renovated private bathroom. Delightful backyard oasis offers a covered patio, lush lawn, carefully manicured vegetation a great view of the golf coarse.

12783 W Lowden Road Peoria, AZ 85383

$525,000
4 Beds
3 Baths
2,398 SqFt
Status Active
MLS # 6791086
Property Type Single Family Residence
Price Type --
Beautiful, quality built Maracay home in the community of Vistancia. Spacious & open floorplan with some high vaulted ceilings. 4 bedrooms + upstairs loft, large upstairs master suite with gorgeous master bath with separate shower & large tub + a private downstairs guest bedroom with full bath. Beautiful wood staircasing. Large gourmet kitchen with upgraded cabinets, quartz countertops and a prep island with a breakfast bar. Cozy front porch + extended rear covered patio that looks out to beautifully landscaped private yard that backs to desert belt + mountain views. Community pools, tennis & pickleball, indoor basketball & miles of walking trails connecting neighborhoods & amenities. Assumable VA loan with a 2.25% interest rate & home has been protected by a One Guard home warranty.

6757 E Vaquero Circle Hereford, AZ 85615

$525,000
4 Beds
2 Baths
2,086 SqFt
Status Active
MLS # 6745283
Property Type Single Family Residence
Price Type --
Search no further! Beautiful home located in the sought-after Kings Ranch Subdivision ready for its new owner! Resting on a generous 1.3 acre property - Having low-maintenance front and backyard areas is definitely a bonus! Upon entering the home, you are welcomed by an open concept floor plan, lovely flooring, and a kitchen ready for you to unleash your inner chef! - Perfectly complemented by stunning quartz countertops and beautiful backsplash. All bedrooms are spacious and feature carpeted floors. Begin creating new memories in this stunning home offering panoramic views of the Huachucas - showcasing beautiful Arizona sunsets!

7216 W Irma Lane Glendale, AZ 85308

$525,000
3 Beds
3 Baths
2,065 SqFt
Status Active
MLS # 6746754
Property Type Single Family Residence
Price Type --
Charming home in Sierra Verde. Sierra Verde offers fabulous lakes, parks, walking paths and an A+ STEM School. No carpet downstairs! EV Charger in the garage. Beautiful maple cabinets, fresh paint, vaulted ceilings, epoxy garage floors, RV gate, and a backyard that offers well designed areas to relax and explore with NO Backyard neighbors! Upstairs all bedrooms have walk in closets. Primary bedroom has vaulted ceilings, walk in closet, separate tub & shower and endless views due to no backyard neighbors. You're just minutes away from parks, shopping, dining, and the best that Glendale has to offer. This is more than just a home; it's your opportunity to give your family the life you've always dreamed of. Don't miss out on the chance to make this your forever home!

26168 W Tina Lane Buckeye, AZ 85396

$525,000
2 Beds
2 Baths
2,323 SqFt
Status Active
MLS # 6747865
Property Type Single Family Residence
Price Type --
Welcome to the resort community of Sun City Festival, where the beautiful White Tank Mountains grace your view! This fabulous Fiesta model on a N/S fenced corner lot w/ turf & beautiful landscaping is a dream home. LOW APS BILLS W/ PRE-PAID-SOLAR! 3 CAR GARAGE! Enter the paver front courtyard, through the 10ft front entry door & into this open concept home w/10 ft ceilings, TILED Floors placed on the Diagonal, & carpeted Bedrooms. Enjoy the GOURMET Kitchen appointed w/ granite counter tops, an island w/ lots of storage for pots & pans, staggered cabinets w/ pull out shelves, pendant lights, 5 burner gas cooktop & s/s appliances. The Spacious Owner's Suite is a serene retreat w/private bath dual sinks, fully tiled walk-in shower & spacious walk-in closet, & its own entrance to the patio Positioned for privacy, the second bedroom is strategically separated also with a walk-in closet. The x- large laundry room has beautiful cabinets and sink. The 3-car garage has a plethora of cabinets & epoxied floor. Embrace outdoor living on the covered patio, a perfect spot for relaxation! This community also offers tennis, golf, fitness, clubs, restaurant, & so much more!

24019 N 166th Lane Surprise, AZ 85387

$525,000
4 Beds
2.5 Baths
2,318 SqFt
Status Active
MLS # 6752844
Property Type Single Family Residence
Price Type --
Beautiful 4 bedroom + office, 2.5 baths, 2318 square foot, 3 car garage home located on a corner lot! Inviting kitchen with granite countertops, huge kitchen island, upgraded cabinets, pantry, gas cooking, large great room perfect for entertaining or relaxing, tile in all of the high traffic areas, beautiful master suite boasts his and hers walk-in closets, walk-in shower, water closet, dual vanities, access to the laundry room from the master bath, ample space in the secondary bedrooms, covered patio overlooks grass backyard, half bathroom is accessible from the covered patio, community greenbelt and playground around the corner, close to shopping, schools and freeways, see this home today!

3892 S Cricket Drive Gilbert, AZ 85297

$525,000
4 Beds
2.5 Baths
2,163 SqFt
Status Active
MLS # 6757971
Property Type Single Family Residence
Price Type --
This is a BEAUTIFUL UPGRADED home in Power Ranch! NEW in 2024: Laminate flooring (NO carpet) + full interior paint! New water heater in 2023! Neutral colors + window blinds throughout! Open concept great room and kitchen w/stacked maple cabinets, granite countertops including built-in desk + appliance suite! Breakfast room + center island! Primary bedroom is downstairs w/ensuite bath + large walk-in closet! Head upstairs to the expansive loft + 3 more bedrooms and a full bath! Upstairs laundry! Lots of living options in this home! Head outside to your BIG low maintenance backyard w/mature trees + covered patio! This home is move-in ready!! Take a short walk to the community park or over to the beautiful lake! Close to SO many wonderful restaurants & shopping! WELCOME HOME!

3285 N 159th Avenue Goodyear, AZ 85395

$525,000
2 Beds
2 Baths
1,678 SqFt
Status Active
MLS # 6755493
Property Type Single Family Residence
Price Type --
Charming Oakmont that overlooks the 11th green of Tuscany East with mountain views. Bumped out to add additional bonus room. Kitchen features vaulted ceiling, corian counters, updated appliances, breakfast nook & breakfast bar. Built in entertainment wall, window treatments, ceiling fans throughout, gutters, pigeon patrol wire, pergola on spacious patio, No filter / no chemical water softener & NEW ROOF underlayment (2022). Extended garage with storage cabinets & work bench. Original owner kept it well maintained. Don't miss out on this one.

22940 E Galveston Street Mesa, AZ 85212

$525,000
3 Beds
2 Baths
1,440 SqFt
Status Active
MLS # 6757198
Property Type Manufactured Home
Price Type --
Never ending opportunities! Your own piece of freedom and ''country feel'' all while having progress around you! Very nicely maintained home featuring split floorplan with 3 bedrooms and 2 baths. Home has new dishwasher, microwave, R/O, newer passive solar water heater, 2021 AC Unit & more. Newer block skirting installed approx 4 years ago. Property is fenced with solar powered gate w/ 2 remotes. Detached office w/ AC - perfect for small business, work from home, etc. Multiple storage sheds on property, shop, giant covered area, raised garden beds, chicken coop, play set, basketball hoop, and numerous varieties of trees around the property. Currently has couple RV rentals for added income (can stay or go). Wonderful property ready for new owners!

15103 W Sentinel Drive Sun City West, AZ 85375

$525,000
2 Beds
2.5 Baths
1,825 SqFt
Status Active
MLS # 6757506
Property Type Single Family Residence
Price Type --
Come set your sights on this meticulously cared for Ventana model home in Sun City West! This home is unique with its decorative wood beamed ceiling, upgraded countertops, stone accented kitchen wall, hickory alder cabinets and much more! Newer upgrades include: master carpet & pad (6 months), toilets (2023), water heater (2023), A/C unit (2021), garbage disposal (2023), garage door & opener and roof (2023)!!!

11037 W Meade Drive Sun City, AZ 85351

$525,000
3 Beds
2 Baths
1,628 SqFt
Status Active
MLS # 6784159
Property Type Single Family Residence
Price Type --
EXPANDED RAINER IN SUN CITY PHASE II WITH 3 BEDROOMS, 2 BATHS, 2 CAR GARAGE AND MANY EXTRA FEATURES AND UPGRADES INCLUDING NEW A/C 2022, OWNED SOLAR 2022, PULL-OUT DRAWERS IN BOTH KITCHEN AND BATHROOMS 2022, NEW MICROWAVE 2022, NEW FLOORING IN BEDROOMS 2022, 6 PANEL INTERIOR DOORS 2024, NEW HOT WATER HEATER WITH RE-CIRCULATING PUMP 2023, SEPARATE SWITCH FOR LIGHTING OVER KITCHEN SINK 2022, NEW SPEAKER SYSTEM 2022, LEVEL 5 EXTERIOR LIGHTING 2022, NEW GARAGE DOOR OPENER 2022 AND MORE!! A MUST SEE!! SHOWS LIKE A MODEL!! THIS IS A GREAT VALUE!! PLEASE STOP BY.