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.

10799 E Florence Way Scottsdale, AZ 85262

$2,150,000
4 Beds
4.5 Baths
4,616 SqFt
Status Active
MLS # 6766125
Property Type Single Family Residence
Price Type --
Welcome to an exquisite home in the prestigious gated community of Treviso, meticulously maintained by its original owners. As you enter through the charming courtyard, you're greeted by a spacious great room featuring disappearing pocket doors that frame stunning views of McDowell Sonoran Preserve and the surrounding mountains. This thoughtfully designed split floor plan features three en-suite bedrooms, a den, a separate casita, & a versatile bonus room. The large kitchen is a chef's dream, complete w/a massive island, stainless steel appliances—including a Sub-Zero refrigerator, Wolf ovens, & dual dishwashers. A convenient wet bar adjacent to the dining room makes entertaining a breeze. Step outside to your backyard oasis, which boasts two patios, a refreshing pool, & a fully equipped outdoor kitchen all with those gorgeous views. This upscale gated community includes a thoughtfully designed community with spacious desert areas between homes to ensure privacy and serenity, creating a serene lifestyle close to premier dining and shopping conveniences, yet retaining an exclusive ambiance with custom homes set amidst the allure of North Scottsdale's desert landscape. Elevate your lifestyle and make Treviso your oasis in the desert - a retreat where luxury knows no bounds.

6417 N 30th Way Phoenix, AZ 85016

$2,150,000
3 Beds
3 Baths
2,564 SqFt
Status Active
MLS # 6774983
Property Type Single Family Residence
Price Type --
Gorgeous! This redesigned/remodeled contemporary home is located in the prestigious guard gated community of Biltmore Hillside Villas. Perfect lock and leave, 3 bedrooms, 3 baths, offering the best designer finishes available. The living room features custom cabinetry with Viking wine cabinet. The chef kitchen has Wolf/Subzero appliances, quartz countertops and a huge island. Wood floor throughout the house and two gas fireplaces. Relax poolside or on the covered patio while listening to the private waterfall. The two car garage features an epoxy coated floor, built in cabinets, recently replaced water heater (2024) and lots of storage space. Short distance to the Biltmore Shopping Center & Phoenix Mountain Preserve trails! This is an immaculate home ready to greet its new owner

10188 E Cortez Drive Scottsdale, AZ 85260

$2,150,000 - 4Br/3Ba -  for Sale in Rosalee Ranch, Scottsdale
Open House
$2,150,000
4 Beds
3 Baths
3,970 SqFt
Status Active
MLS # 6766223
Property Type Single Family Residence
Price Type --
Located in the coveted Cactus Corridor, this meticulously upgraded 4-bedroom plus office, 3-bath home spans 3,970 square feet on over 3/4 of an acre. The stunning exterior boasts a circular driveway set against a backdrop of 80 mature trees and a freshly landscaped yard, complete with new sod, an updated irrigation system, and charming herringbone pavers. Step inside to discover a grand foyer leading into a living room with 20-foot wood-plank beamed ceilings and resurfaced fireplaces, creating a resort-like ambiance. The home has been retrofitted for a whole-home 8-zone audio system and networking throughout, making it a tech-savvy haven.The chef's kitchen is a culinary dream with new appliances, and a 50 sqft pantry, flowing seamlessly into both casual and formal dining spaces. The downstairs bedroom offers comfort for guests, while the expansive primary suite includes a private balcony, dual walk-in closets, and a luxuriously updated bathroom. Outdoors, the resort-style pool has been extensively remodeled with a pebble-sheen surface, salt-water generator, and Kool Deck. The property also features a BBQ island with built-ins and a dedicated dog run, ensuring every family member is catered to.Additional luxury upgrades include a new high-efficiency, 'smart' hybrid water heater, Tesla Wall Charger, 400-amp electrical service to accommodate any future upgrades, and a comprehensive Unifi camera security system with extensive LAN storage. Practical enhancements like smart thermostats, new air handlers, crown molding, and upgraded lighting throughout make this home as functional as it is beautiful. Situated in a prime location with unobstructed views of the majestic McDowell Mountains, this home offers privacy, tranquility, and the ultimate setting for creating lifelong memories.

4132 N 44th Place Phoenix, AZ 85018

$2,150,000 - 4Br/5Ba -  for Sale in Bissell Manor, Phoenix
Open House
$2,150,000
4 Beds
4.5 Baths
2,897 SqFt
Status Active
MLS # 6779131
Property Type Single Family Residence
Price Type --
Discover luxury redefined in this exquisite 4 bedroom, 4 bathroom estate, designed for those who demand excellence in every aspect of their home. The heart of this residence is its open-concept living area, seamlessly integrating a chef's kitchen with top-tier appliances and a spacious living room - perfect for both intimate family moments and grand entertaining. Each bedroom serves as a private haven, featuring en-suite bathrooms with premium finishes. The master suite stands out, offering a spa-like experience in the comfort of your own home. Step outside to find a backyard paradise, where a sparkling pool and spa await for relaxation. Make it yours today! Scheduled completion for end of November 2024!

10894 E Mission Lane Scottsdale, AZ 85259

$2,150,000 - 4Br/3Ba -  for Sale in Mountainview Place 2, Scottsdale
Open House
$2,150,000
4 Beds
2.5 Baths
3,088 SqFt
Status Active
MLS # 6798084
Property Type Single Family Residence
Price Type --
My, oh My! What happens when you have someone who is absolutely obsessed with details remodel a home in Scottsdale Ranch? This...this is what happens! Finishes and amenities usually found in $3M+ homes with the same luxury materials and design ideas you just don't get at $2M!! Everything has been thought of, down to a spotlight over the BBQ eating area. Want a huge Quartzite kitchen island for entertaining? You got it! Want a 48'' double oven gas range - it's here! Tired of being told you can't have a fire? Well now you can ANYTIME you want, any time of the year with your gorgeous family room electric fireplace! But wait - you want a real fire, so head outside and enjoy your beautiful wood burning firepit while listening to the soothing sounds of the water feature in your beautiful redone pool. Need more convincing? How about the real wood floors (nope, wood-like tile wasn't acceptable to this design guru) or the light fixtures from Valley Light Gallery? We're thinking the TWO cooled wine displays with another drink cooler and buffet between them in a convenient spot for the kitchen, family room and dining room might just be the the amenities you've always wanted - or would it be the amazing primary bedroom and ensuite bathroom. So, so much to choose from that makes this one the one for you...so you should come on by any of our open houses to see this stunning remodel for yourself.

17408 N 96th Way Scottsdale, AZ 85255

$2,150,000 - 5Br/5Ba -  for Sale in Windgate Ranch Phase 2 Plat D Unit 1, Scottsdale
Open House
New
$2,150,000
5 Beds
4.5 Baths
3,513 SqFt
Status Active
MLS # 6794563
Property Type Single Family Residence
Price Type --
Don't miss your chance at this perfect home in Windgate Ranch. Popular floorplan features master, guest suite and office on main level. Three secondary bedrooms upstairs with double loft space. Stunning Front courtyard perfect for your morning coffee. Backyard boasts dramatic city views with custom fire/water feature, hot tub, outdoor kitchen and extra side yard. Kitchen has an upgraded appliance package with an oversized gas range. Bar features a dedicated wine fridge. Custom built-ins in both office and family room. Upgraded multiple panel slider that leads to back patio. Automated solar shades create an extended family room feel. Don't miss this chance for one of the best homes in Windgate!

8325 W Cantera Avenue Peoria, AZ 85383

$2,150,000 - 6Br/4Ba -  for Sale in Cantera Gates, Peoria
Open House
$2,150,000
6 Beds
4 Baths
7,272 SqFt
Status Active
MLS # 6745117
Property Type Single Family Residence
Price Type --
Welcome home to this absolutely stunning North Peoria estate! Nestled in the private Cantera Gates community, sitting on an almost 22,000 SF cul-de-sac lot, with a 7000+ SF block home plus additional office/casita, double RV garage, pool and spa. This home is the picture of luxury with a huge chefe's kitchen featuring a wrap around breakfast bar, and large island giving you ample cooking space, professional Wolf gas stove and double ovens, two dish washers, a full size Sub Zero refrigerator, walk-in pantry, beverage cooler, and tons of storage. Enter the primary suite through double doors, to an oversized bedroom, and bathroom offering a huge walk-in shower, soaking tub, double sinks with, dream walk-in closet, and full size stackable washer/dryer. The primary and one other guest room are located on the main floor with three additional bedrooms in the basement. All guest rooms offer walk-in closets and on-suite bathrooms. Basement also includes a large movie/game room with professional home theater system, and full size bar, a golf simulator room, large laundry room, and an extra room that would make a perfect home gym. Smart Home Control 4 system runs throughout, controlling TVs, music, cameras, and much more. RV garage is temperature controlled and includes an office/workshop that could easily be converted to a guest house. Home offers 2 EV charges. Also, two good size storage rooms. Just a few upgrades include new LVT flooring throughout the main level in 2023, permanent Christmas and accent lighting on both the house and RV garage 2021, new roof 2021, new ACs between 2019-2023, two tankless water heaters installed in 2019, remote control window treatments 2020, and so much more.

11827 S Tuzigoot Court Phoenix, AZ 85044

$2,149,000
5 Beds
5.5 Baths
5,586 SqFt
Status Active
MLS # 6712624
Property Type Single Family Residence
Price Type --
Discover the epitome of Luxury Living in the prestigious Ahwatukee Custom Estates! Located in a Cul-de-Sac, this stunning Custom-Built Home was meticulously designed to blend elegance and functionality. Surrounded by the breathtaking mountains of South Mountain, this 5,586 sq. ft. residence offers an unparalleled living experience with hiking and mountain biking right out your front door to the Trails of South Mountain Park. Enjoy amazing Mountain Views from the Front Yard, Living Room, Game and Family Room, and Upstairs Bedrooms. With 2 Stories, this home boasts mature ash trees, an expansive lawn, and a prestigious front door leading to a sweeping landing and stairs. Perfect for formal entertaining, it features an elegant dining area, fireplace, and wet bar, all with views and access to the beautifully landscaped grounds. The kitchen, the heart of the home, is finely appointed with a massive island, pantry, spacious dining area, coffee port, baking center, ample counter space, and only the best appliances - Sub-Zero, Wolf & Dacor - making it ideal for entertaining and convenience. The Primary Suite, with City Light Views from the Bedroom & Balcony, includes a luxurious bathroom, a huge walk-in closet, a Toto Washlet Toilet and even a secret door for safe and easy access to the secondary bedrooms. The Family Room off the Kitchen is complete with an adjoining game room, cozy fireplace, TV setup, and easy access to the backyard, perfect for gatherings. The lush front and backyard are adorned with mature ash and beautiful palm trees, creating a Resort Style atmosphere. Located in a serene cul-de-sac, this home ensures peace and tranquility on a very quiet street. The backyard is a haven for fun and relaxation, featuring a built-in BBQ, lap & play pool, spa, outdoor shower, treehouse, trampoline, and ample seating and dining areas. An upstairs back patio with a circular staircase leads down to the main patio, enhancing the outdoor experience. This home is a paradise for sports and fitness enthusiasts. Enjoy a lap pool for swimming or water aerobics, a sport court for basketball, and a workout room with a full bath that opens to the lush yard. The expansive 4-car garage and RV gate provide ample storage and convenience. This home includes en-suite bedrooms for privacy, built-in office spaces for work-from-home or study needs, and thoughtful details like a laundry chute from the upstairs, wrapping area, and dog door, ensuring ease and comfort for all lifestyles. Experience the best of Ahwatukee living with these exceptional features!

6240 E Ironwood Drive Scottsdale, AZ 85266

$2,149,000
5 Beds
4.5 Baths
5,005 SqFt
Status Active
MLS # 6731369
Property Type Single Family Residence
Price Type --
LUXURY home located in the gated ALTERRA community of Scottsdale. Nature areas on all 3 sides of the home and is a true gem! This beautiful 5,000 sq. ft. home sits on a 200k upgraded corner lot with 5-bedrooms, 4.5-bathrooms with 2 additional bonus rooms for a recreational room & office, and a 3-car garage. An inviting open concept floor plan with an elegant design including high ceilings, picture perfect windows, and a spacious living room & great room with a gas fireplace, the perfect place to entertain family & friends. The kitchen features a Sub-Zero fridge, Wolf gas cooktop, granite countertops, SS appliances, an island with breakfast bar, and 2 Dacor ovens. There is a formal dining room and breakfast area off the kitchen. The primary bedroom features two large walk-in closets with built-in shelves, an amazing ensuite bathroom with separate tub & shower, dual vanities and plantation shutters. The remaining bedrooms are ample size and include plantation shutters. Don't forget about the backyard oasis with a fully equipped ramada, and a sparking pool with a jacuzzi. Highest rated school system (CCSD) in the state and K-6 school1/2 block away. Nearby golf & hiking. Seller has provided an upgrades list available upon request. Other upgrades include a stereo system throughout the home, 8-foot solid core doors, and a security system with (8) 4K cameras.

8536 E Preserve Way Scottsdale, AZ 85266

$2,149,000
4 Beds
4.5 Baths
4,406 SqFt
Status Active
MLS # 6772307
Property Type Single Family Residence
Price Type --
Assumable Mortgage at 3.75%!!! Stunning desert oasis with guest Casita in the sought after gated community of Boulder Ridge in Prime North Scottsdale! With its stone facade, 3-car garage, and large front porch, this beauty exudes elegance. Sophisticated interior will leave you in awe with its dazzling lighting fixtures, soaring ceilings, enormous porcelain tile, soft palette, and pre-wired surround sound. Highlights include a bright living/dining room and a dedicated office. Modern great room is adorned with exposed ceiling beams and a wall-mounted gas fireplace adding warmth and charm to any get-together. Culinary enthusiasts will be thrilled with the magazine-cover kitchen showcasing a plethora of cabinetry, chefs sink, tile backsplash, waterfall island and Cambria quartz counters. Top-of-the-line appliances. Impressive master boasts hardwood floors, direct outdoor access, and a lavish ensuite comprised of two vanities, a massive soaking tub, and an enclosed glass shower. Fully equipped guest's quarter/casita! Backyard promises year-round entertaining, which provides a covered patio, built-in BBQ, exterior fireplace, and an enticing pool. This unique find will captivate you! $500K remodel in 2021!

1535 W Wagon Wheel Drive Phoenix, AZ 85021

$2,140,000
4 Beds
4.5 Baths
3,647 SqFt
Status Active
MLS # 6717216
Property Type Single Family Residence
Price Type --
Last new-build opportunity at Willow, Camelot Homes new gated community located in North Central Phoenix. Tucked behind the bridle path located on 15th Ave between Glendale and Northern, with breathtaking views of Piestewa Peak. You'll have the opportunity to work with an award winning design team to build the home of your dreams.

11312 E Greenway Road Scottsdale, AZ 85255

$2,140,000
4 Beds
3.5 Baths
3,393 SqFt
Status Active
MLS # 6782700
Property Type Single Family Residence
Price Type --