Talk of The Villages Florida - View Single Post - Rentals increasing?
View Single Post
 
Old 02-01-2016, 12:05 PM
inda50 inda50 is offline
Senior Member
Join Date: Oct 2007
Posts: 227
Thanks: 219
Thanked 30 Times in 17 Posts
Default reply

Quote:
Originally Posted by gardeniagirl View Post
Yes, rental prices have increased and so has insurance, amenities, home repair/maintenance services to keep the home up to par. Most homes only can be rented for 3 to 4 months, so it is not a money maker...
Sad thing is, in this age bracket of home ownership, things happen. Neighbor just died and left his widow after a bout with cancer. Neighbors on other side both died within months of each other....another couple divorced......Live, love, and enjoy each day.
I think you pretty much hit the nail on the head. After all is said and done you will only turn a very small profit on the rental. If you want it to pay some expenses, well thats ok, but keep in mind, keeping two places is risky.