Re: TV Absentee Landlords
CIB:
We have been renting our Courtyard Villa in Hadley using Property Management since late March of 2008. We are very happy with the Property Management team and the rentals to date. We visited TV in June and the house have virtually no wear and tear.
Our premise was to minimize negative cash flow until we retire and we are happily achieving that. Since we are still working I anticipate a nice tax write off for 2008 which will offset most of the negative cash flow since we missed all of the high season.
Previous poster gave a excellent synopsis of positive for using the system with TV property mgmt. I have friends who do their own rentals and have had much worse results ( slobs basically) with longer term rentals.
Hope this helps
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Grew up in Brooklyn, NY- became an adult in Rockland County, NY and living a 2nd childhood in the Villages (Finally a FROG).
"Whenever God Closes One Door He Always Opens Another, Even Though Sometimes It's Hell in the Hallway"
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