Quote:
Originally Posted by DruannB
My husband is on again off again about buying in The Villages. Now he wants to do it NOW. So, OK, we can buy a house, but I'm not ready to quit my job. Where do I even start to turn our new purchase into a rental for one to two years? Is it even worth it for that short a time? How much will it cost me to get it set up? I am feeling overwhelmed. Any advice would be much appreciated.
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So let him come to TV "NOW", to do the work of setting up the house, while you continue working where you are, and he can "on again, off again" go back home and be with you.
"Absence makes the heart grow fonder."
It would cost whatever it would cost to furnish the place for yourselves for part-time use....probably $15,000 unless you buy a place already furnished/turnkey which is possible (if you like most of their decorating).
You can charge $3,000+ in Jan. thru April. If $24,000 gross revenue in 2 years is worth it to you, go for it.
You can hire a property manager to do the renting and maintenance, for about 10-15% I think, and those are recommended here.