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.

2992 N Miller Road Scottsdale, AZ 85251

$495,000
2 Beds
2 Baths
1,268 SqFt
Status Active
MLS # 6680864
Property Type Townhouse
Price Type --
Highly upgraded 2 bedroom condo in sought after Bellagio complex. Close to shopping and old town Scottsdale. Newer appliances (2 years), new floors in bathroom and laundry, new vanities and fixtures in both bathrooms by Jacuzzi Co. Large laundry room with new cabinets, sink and flooring. New water softener, new garage cabinets in double garage. Furniture available under separate bill of sale.

16222 W Yavapai Street Goodyear, AZ 85338

$495,000
3 Beds
2.5 Baths
2,223 SqFt
Status Active
MLS # 6683999
Property Type Single Family Residence
Price Type --
SELLER IS OFFERING $7,500 CREDIT FOR CC, RATE BUYDOWN, PAINT/UPGRADES, etc!! This charming home is a perfect blend of luxury and convenience with an outstanding floor-plan! It spans 2,333 SF, featuring 3 bedrooms, 2.5 bathrooms, 1 den/office, a great room and a family room boasting beautiful QuietWalk Luxury Vinyl wood-like floors throughout. The heart of the home is its spacious kitchen, ideal for gatherings. Step outside to a large backyard, thoughtfully designed with synthetic grass and elegant pavers for easy maintenance and year-round enjoyment. Nestled in a prime Goodyear location, this property ensures you're close to everything, offering a serene yet connected lifestyle. Experience the best of modern living in a community that feels like home.

15859 N 182nd Avenue Surprise, AZ 85388

$495,000
3 Beds
2 Baths
1,869 SqFt
Status Active
MLS # 6683282
Property Type Single Family Residence
Price Type --
This property has it all! Uber low electric payments due to the paid-for leased solar system, even considering the variable-speed pump on the gorgeous pebble-tec pool and comfortable square footage of the home. Mountain views from the peaceful and serene backyard, and a north/south exposure to further add to the tranquility of this corner cul-de-sac lot. This very popular floor plan secludes the master bedroom from the other bedrooms, yet the chef can participate with guests in the living room while being a great host. Fresh coat of interior paint from floor to ceiling! The front metal security screen and cul-de-sac location makes for cool evening breezes. Close enough to walk the kids to school and parks, far enough away to not hear the noise. Perfect location, ideal home!

8998 W Ruth Avenue Peoria, AZ 85345

$495,000
3 Beds
2 Baths
1,982 SqFt
Status Active
MLS # 6684582
Property Type Single Family Residence
Price Type --
This property offers so much you must see it before it goes. Open floor plan where you need it. Huge kitchen, large kitchen island with granite countertops and SS appliances. Large master bedroom with access to a covered patio. All new carpet throughout. AC has 3 different control zones for comfort needs. Close to 101 hwy, Westgate Mall, State Farm Stadium, Desert Diamond Casino, P-83 and Arrowhead Mall. Location is everything and this Beautiful Home has it, just waiting for you.

4320 Buffalo Ridge Wickenburg, AZ 85390

$495,000
2 Beds
2 Baths
1,580 SqFt
Status Active
MLS # 6684581
Property Type Single Family Residence
Price Type --
This charming home in Wickenburg Ranch boasts a spacious and inviting layout perfect for comfortable living. This 2 bed, 2bath residence features a welcoming ambiance with a seamless blend of functionality and style. Upon entering, you're greeted by wood-look tile flooring that exudes warmth and durability throughout the home. The open floor plan is ideal for both relaxation and entertaining. The kitchen is a focal point, adorned with granite countertops, a large island, and ample cabinetry providing both elegance and practicality. Whether you're preparing meals or hosting gatherings, this kitchen is sure to inspire culinary creativity. In addition this, thoughtfully designed home includes an office/den with french doors for privacy. Outside, the low-maintenance desert landscaping adds to the home's curb appeal while minimizing upkeep. Completing the property is a three-car garage, providing convenient parking and extra storage. Offering comfort and style in equal measure, this Wickenburg Ranch residence is the epitome of desert living at its finest.

28436 N 123rd Lane Peoria, AZ 85383

$495,000
2 Beds
2 Baths
1,399 SqFt
Status Active
MLS # 6687157
Property Type Single Family Residence
Price Type --
This 1399sqft RIVAS GEM is offered TURNKEY with all furniture and furnishings included. It welcomes you on a large lush landscaped lot with lots of privacy. The newly painted walls invite you to enjoy this 2BRm, 2Bath home where the main areas are all interactive, highlighted by a robust fireplace. The bedrooms shimmer with beautiful wood floors and each bedroom has the expanded option. The large covered rear patio, done in Mexican tiles, ads a touch of olde world charm, and the extended garage gives that needed extra space. All this is located within the award winning 55+ Community of Trilogy at Vistancia, that offers resort style living at its finest.

10351 E Jan Avenue Mesa, AZ 85209

$495,000
4 Beds
2 Baths
2,170 SqFt
Status Active
MLS # 6686949
Property Type Single Family Residence
Price Type --
Welcome to this spacious four-bedroom, two-bathroom home with a den and great room, nestled in a wonderful community. Boasting a generous 2,170 square feet of living space, this home provides ample room for comfortable living and entertaining. Enjoy the airy and bright atmosphere created by the vaulted ceilings throughout. Retreat to the master bedroom featuring a walk-in closet. The dining area includes a breakfast bar, breakfast room, and walk-in pantry. Step outside to the covered back patio, surrounded by block fencing for privacy and relaxation. With its spacious layout and desirable amenities, this home offers the perfect combination of comfort and community living.

15841 N 23rd Place Phoenix, AZ 85022

$495,000
3 Beds
2 Baths
1,308 SqFt
Status Active
MLS # 6688283
Property Type Single Family Residence
Price Type --
Your North Phoenix Oasis Awaits! Picture Yourself Here...dive into this updated dream home with a sparkling HEATED pool - ideal for year-round AZ fun! This 3BR/2BA charmer boasts a prime location near North Phoenix's hottest restaurants, plus a NEW HVAC system (2023) for peace of mind. Imagine hosting pool parties in your spacious, private backyard with mature trees, whipping up gourmet meals in the open-concept kitchen w/modern cabinets, gleaming granite & stainless appliances; a chef's delight! Extra income potential? This gem is perfect for families OR short-term rental success! Move-in Ready - no renovations needed, just relax and enjoy! Low-Maintenance Yard, 2-Car Garage w/ extra storage/workshop space. Don't miss this incredible value! See it TODAY before it's gone!

2346 W Turtle Hill Court Anthem, AZ 85086

$495,000
2 Beds
2 Baths
1,525 SqFt
Status Active
MLS # 6687808
Property Type Single Family Residence
Price Type --
Come see Anthem, simply one of the best ''multi-generational'' communities around. Amenities and activities for all! This home features recent upgrades in kitchen and both bathrooms. Neutral colors throughout. Primary bedroom has been extended with access to the back yard. Primary bathroom has tastefully remodeled walk-in shower. The home sits on an oversized lot, conveniently located and private. Anthem Country Club has ''2 of everything''. 2 golf courses, 2 tennis facilities, 2 club houses, 2 restaurants, 2 pools, 2 fitness centers, just 2 much fun! Come and enjoy.

15252 N 100th Street Scottsdale, AZ 85260

$495,000
2 Beds
2 Baths
1,607 SqFt
Status Active
MLS # 6688936
Property Type Apartment
Price Type --
Come see this Beautiful 2 Bedroom plus den 2 Bathroom Condo in a Great Area of Scottsdale. This condo has a nice large great room perfect for relaxing and entertaining guests. The kitchen is open with lots of counterspace and upgraded cabinets and looks over into the great room so you can be part of the entertainment. The guest bedroom is good sized and shares a hall bathroom. The large primary bedroom has an ensuite complete with a walk-in closet, dual sinks, and a walk-in shower. There is an inside laundry and a storage area. Enjoy the great Arizona weather on your private patio looking over a common area with grass and trees and a views of McDowell Mountains. This complex is gated, has several pools and spas, is close to shopping, freeways, schools, restaurants, etc. Water, Sewer, Tra Trash included in HOA Fees.

3516 S Seneca Way Gilbert, AZ 85297

$495,000
3 Beds
2.5 Baths
1,931 SqFt
Status Active
MLS # 6690472
Property Type Single Family Residence
Price Type --
WOW !! This Stunning home is Nestled in the serene neighborhood of Power Ranch. Pristine and immaculate, YOUR NEW 3 Br ,2.5 bath ,1car garage home offers a spacious open concept layout designed for modern living. Sunshine filled gives brightness shining in daily . The Master suite is a sight to behold. DBL sinks, walk in closet and a make up area. The heart of the home is a gourmet kitchen adorned with sleek appliances and ample counter space. Step outside through an oversized almost full wall of sliding glass doors to an upgraded backyard with artificial turf & pavers t/o. Enjoy a great relaxation setting for endless summer days and starlit evenings. On cold chilly nights your living room turns into a romantic colorful flame changing room with a built in modern flame fireplace. Need more privacy the living area is equipped with electric roller shades .YES what else does one need. This house has everything anyone could want. All higher end bronze fixtures through this home adds a touch of class and character. The Community is filled with fun amenities LOCATED IN THE LAKE SUBDIVISION . A pool , spa, BBQ area ,gazebo, walking path , playground ,tennis, basket ball courts and so much more. Don't take my word for it come feel the fun, serenity and beauty for your self.

9599 E Fairway Boulevard Sun Lakes, AZ 85248

$495,000
2 Beds
2 Baths
2,242 SqFt
Status Active
MLS # 6690727
Property Type Single Family Residence
Price Type --
Corner Lot with Large pull through driveway. Covered Patio in Front Entrance. Large covered patio in backyard with RV Gate. Storage Shed in backyard. Lots of storage cabinets in Utility hall & Big Storage room off of Garage.NEW interior Super Dunn Edwards paint throughout interior. NEW capret and pad. Whirlpool GOLD built in Oven and microwave, Refrigerator, dishwasher and glass cooktop. NEW American Standard Stainless Steel Garbage disposal. NEW Luxury Vinyl Tiles, Tiles in Kitchen, bathrooms, utility hall and family room. Custom Medicine cabinets/mirrors in both bathrooms, Custom Walk-in Showers in both bathrooms, NEW remote control HUNTER fans in both bedrooms and office/den. LED can lights in Kitchen, Vestibule and Master Bath, NEW elastomeric coating on Garage Roof, NEWER insulation in entire attic. Water Softner Loop, Reverse Osmosis water filter in Kitchen. Entertainment Wall with Cable pass throughs and pre-wired for 4 speaker surround sound. High end upgraded kitchhen cabinets including seperate bar and sink. Walk in closets in both bedrooms. Short walk to beautiful gof courses and multiple lakes. NEW LED exterior lights on garage, entry patio, rear patio, and BBQ area. NEWER insulation in attic. Stucco block wall in front and back yards. At home mail delievery. Central heating and cooling with extra room AC's in family room and both bedrooms. Easy access to interstate I-10 and state route 87. Close to restaurants and shopping.