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.

13215 N 30th Place Phoenix, AZ 85032

$525,000
3 Beds
2 Baths
2,017 SqFt
Status Active Under Contract
MLS # 6741305
Property Type Single Family Residence
Price Type --
Reduced $35K for immediate sale. Beautiful updated single level with diving pool is ready for a new owner. Nice open floorplan with formal living room, formal dining room, large great room with wood burning fireplace and a chefs delight for a kitchen. Newer rich wood grain cabinets, granite counters, center island,self closing drawers, and stainless appliances. The primary suite features remodeled bath and separate entrance to the pool out back. good size bedrooms- *3rd bedroom was designed to be two separate bedrooms, so double the size. AC was replaced in 2016, and a complete new roof (tear-off and extra sheathing) in July of 2024, newer double pane windows with blinds. Great location to Hwy 51/101, shops/theaters and newly redeveloped PV mall close by.

2672 E Sherri Drive Gilbert, AZ 85296

$525,000
4 Beds
2.5 Baths
1,892 SqFt
Status Active
MLS # 6789437
Property Type Single Family Residence
Price Type --
This Greenfield lakes home, features formal living/dining space, bright and cheery eat in kitchen and a family room adjacent the kitchen. The kitchen has gorgeous granite countertops, tons of cabinets and stainless appliances. Upstairs you will find a large primary bedroom with walk in closet, primary bathroom with separate shower/tub and dual sink vanity. 3 secondary bathrooms and hall bath. Vaulted ceilings, 2 car garage with double gate, fresh exterior paint and north/south orientation . The backyard offers an extended patio, pebble tech pool with water feauture. This community is centrally located in Gilbert Arizona, close to shopping, freeways and restaurants.

2808 W Roosevelt Drive San Tan Valley, AZ 85144

$525,000
4 Beds
3 Baths
2,436 SqFt
Status Active
MLS # 6789882
Property Type Single Family Residence
Price Type --
Seller may consider buyer concessions if made in an offer. Welcome to this beautiful property that exudes elegance and comfort. The interior boasts a neutral color paint scheme that perfectly complements all kitchen stainless steel appliances. The kitchen island and walk-in pantry offer ample storage and preparation space. The primary bedroom features a walk-in closet, and the primary bathroom is designed with double sinks and a separate tub and shower for your convenience. The exterior includes a covered patio perfect for relaxation and a fenced-in backyard for privacy. Come and make this property your oasis.

11145 E Posada Avenue Mesa, AZ 85212

$525,000
3 Beds
2 Baths
1,775 SqFt
Status Active Under Contract
MLS # 6660177
Property Type Single Family Residence
Price Type --
Beautiful upgrades throughout with oversized lot. Back yard is an entertainers dream with paver walkways and seating area. Patio has roll down screen to enclose the porch. Kitchen cabinets upgraded with nice granite and tasteful colors. Furnished with desireable modern furniture. His & her closets and sinks in master bath. The owner will be taking golf cart, tools, work benches, fire pit out back and storage container out back. buyer to pay $2212.5 capital improvement fee

15130 W Home Run Drive Surprise, AZ 85374

$525,000
2 Beds
2 Baths
2,010 SqFt
Status Active Under Contract
MLS # 6685699
Property Type Single Family Residence
Price Type --
CLEAN & PRISTINE, SPLIT BEDROOM BORGATA, ELEGANT PLANTATION SHUTTERS, CROWN MOULDING, GRANITE KITCHEN COUNTERS WITH MATCHING BACK SPLASH, PREFERRED GAS RANGE AND OVERSIZED NEUTRAL TILE. GREAT ROOM IS COMPLETE WITH MEDIA WALL & SURROUND SOUND. LARGE OFFICE/DEN EXTENDED 4 FEET. MASTER EXTENDED 4 FEET AND HAS BAY WINDOW, DOOR TO BACK PATIO AND DUAL SINKS. NATURAL FLAGSTONE IN COURTYARD. FOR BEAUTY & EASE OF CLEANING EXPANDED PATIO HAS BEEN COATED WITH KOOL DECK EPOXY COATING. THE FOOD PREP AREA IS SPECIFICALLY DESIGNED FOR GAS BBQ GRILL. THE GAS FIRE PIT CREATES THE PERFECT SETTING FOR ENTERTAINING FAMILY AND FRIENDS. LAUNDRY ROOM HAS OVER HEAD CABINETS, FRONT LOAD LG WASHER & DRYER ON PEDISTALS. GARAGE EXTENDED 4 FT, HAS CABINETS & OVERHEAD STORAGE. LEMON, LIME & ORANGE TREES

6964 W Kristal Way Glendale, AZ 85308

$525,000
3 Beds
2 Baths
1,955 SqFt
Status Active Under Contract
MLS # 6721393
Property Type Single Family Residence
Price Type --
**SPECTACULAR REMODEL** Nestled within Glendale's premier Arrowhead Ranch community, this beautiful 3 Bed + DEN remodeled home (2020) features clean Transitional interior design with open floor plan, vaulted ceilings, plank tile flooring, and modern light fixtures throughout. Gourmet kitchen includes granite slab kitchen counters, SS appliances, white cabinets, built-in microwave, tile backsplash, and breakfast bar for additional seating. Cozy fireplace w/custom stone veneer welcomes family and guests alike in the spacious family room area that opens to private backyard w/covered patio and expansive turf (2021) area. Large Primary suite includes luxurious bathroom w/dual sinks, upscale tile design, and rain shower. Arrowhead Ranch offers scenic living and convenience with beautiful golf/lake setting, numerous bike/walking paths, nearby shopping and easy freeway access. Don't miss this GEM, for this is a truly MUST-SEE home to own!

1844 W Lewis Avenue Phoenix, AZ 85007

$525,000
3 Beds
2 Baths
1,995 SqFt
Status Active Under Contract
MLS # 6744101
Property Type Single Family Residence
Price Type --
BEST DEAL IN SURROUNDING AREA +10K SELLER CONCESSION for Buyer rate buy down & closing costs! Nestled on a 1/4-acre corner lot, situated in an exclusive 18-resident enclave that backs to the Encanto Golf Course, ++OWNED SOLAR! This GEM features 3 bedrm. 2 bth. Formal Living/Dining, +Eat-in breakfast, Family Rm. & Den/Office space. HOME FEELS MUCH LARGER INSIDE! VERY DECEIVING! Natural light filled the spaces, complemented by a designer palette & tile flooring t/out. The impressive kitchen has SS appliances, mosaic tile backsplash, cabinetry w/crown molding, a breakfast bar, & a cozy nook. Main bedrm boasts a walk-in closet & a Jack & Jill bathrm w/dual sinks. Spacious backyard w/a covered patio, detached workshop/storage shed, RV gate from alley w/a partial pad for parking! This home has a HUGE indoor storage & pantry area w/washer, dryer, water heater, plenty of storage shelves, very useful, light & bright w/window as you enter from garage into home. The sq. footage for this area has not been added to the listed sq. footage of 1995. POSSIBILITIES ARE ENDLESS W/LOT SIZE! 1% FREE RATE BUYDOWN FOR 1st 12 Mos. w/PREFERRED LENDER, CRAIG CUSICK, Fairway Mtg. Ask for more details.

2508 W Running Deer Trail Phoenix, AZ 85085

$525,000
4 Beds
2.5 Baths
2,206 SqFt
Status Active Under Contract
MLS # 6752115
Property Type Single Family Residence
Price Type --
In the stunning Norterra Dynamite Mountain Ranch Community, a lovely single family home on an oversized lot is ready for your family. Full exterior paint, new carpet, new lighting, door handles, faucets, refreshed well maintained home. Some of the best schools and shopping in the Valley, the location could not be better. Granite countertops through-out, large designer tile, gorgeous tiled fireplace, separate tub/shower in master, huge walk-in closet, loft PLUS 3 more bedrooms! Split floor plan and stunning pie size lot. RV Gate with pavers fully surrounding pool with SPA hook-ups, palm trees, new sod, irrigation and fully fenced. **Buyer was not able to fulfill contingency BACK ON MARKET**

4149 E Stanford Avenue Gilbert, AZ 85234

$525,000
3 Beds
2 Baths
1,962 SqFt
Status Active Under Contract
MLS # 6769573
Property Type Single Family Residence
Price Type --
ORIGINAL OWNER, Towne Meadows, Fulton Home. 3 Bed/2 Bath/3 Car Garage, N/S Exposure, Transom & Clerestory Windows allow light to fill this lovely home. Formal Living/Dining Room with Den/Office, Family Room w/Electric Fireplace, Breakfast Bar & Eat-in Kitchen. Vaulted Ceilings, Plant Shelves, Bay Windows in Primary and Kitchen adding to the generous room sizes. Travertine & Wood Like Plank tile. Kitchen Upgraded with newer SS Appliances and Granite Countertops. Primary Bath fully remodeled w/ Garden Tub, Roomy Shower, Dual Sink Vanity, New Lighting, Walk-In Closet. Second Bath Completely remodeled w/Tiled Shower, Granite Top, Decorative Mirror & Lighting. Dual Pane Windows & Ceiling Fans. Garage is Climate Controlled: Storage Cabinets, Mop Sink, Electric Openers, Attic Stairs. Inside Laundry, Washer & Dryer Included. Both front and backyard fully landscaped with automatic watering system. Covered Patio, Grassy Area, Citrus Trees, Rose Bushes and an Above Ground Spa w/Cover on concrete pad w/Pergola for a serene relaxing backyard. Two storage sheds, concrete sidewalk, and more.

25170 N 134th Lane Peoria, AZ 85383

$525,000
5 Beds
2.5 Baths
2,538 SqFt
Status Active
MLS # 6725003
Property Type Single Family Residence
Price Type --
What a beautiful energy-efficient home in Rancho Cabrillo! A 2-car garage, RV gate, stone accents, and a welcoming front porch are worth mentioning. Inside, you'll love the inviting open floor plan graced with bountiful natural light. Upgraded kitchen boasts gleaming stainless steel appliances, recessed lighting, staggered cabinets with crown moulding, a walk-in pantry, quartz counters, and a waterfall prep island with a breakfast bar. Venture to the primary retreat equipped with plush carpet, an ensuite with dual sinks, and a walk-in closet. Cozy loft can be used as a reading nook! Secondary bedrooms are upstairs. Oversized backyard with a covered patio is a blank canvas waiting for your creative landscape ideas.

9921 E Tiburon Avenue Mesa, AZ 85212

$525,000
4 Beds
3 Baths
2,248 SqFt
Status Active
MLS # 6708016
Property Type Single Family Residence
Price Type --
Brand New! Built in 2021 & gently used, this Mesa home offers wood-look tile flooring, a neutral pallet, upgraded carpet in bedrooms & loft, & soaring ceilings. The open kitchen boasts white shaker cabinetry, quartz countertops, stainless steel appliances & an island. 1 full bedroom & bathroom are located downstairs. Upstairs you will find a convenient laundry room & a large loft ideal for a game room, sitting area, or office. Primary retreat with an impressive ensuite with dual sinks & a walk-in shower. Private backyard with a covered patio, turf, & travertine deck. Also featured, a 2-car garage & a water softener. You'll love the quiet community of Cadence at Gateway with amenities like a community pool, clubhouse, sports courts, & a workout facility!

1112 E Winged Foot Drive Chandler, AZ 85249

$525,000
3 Beds
2 Baths
2,333 SqFt
Status Active
MLS # 6747831
Property Type Single Family Residence
Price Type --
Super cute home in southeast Chandler ready for you to make your own. This functional and spacious floorplan offers easy living in the highly desirable community of Sunfield in Chandler. This spacious home features large living spaces, three bedrooms and two baths. The master suite looks to the desert inspired backyard. There is also a lovely covered patio for you relax and unwind on. If you are looking for a active 55+ community .. you will love all the amenities - tennis, pickleball, golf, social clubs, dining and so much more! Welcome home!