Talk of The Villages Florida - View Single Post - Patio villa rentals?
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Old 03-11-2019, 12:32 PM
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Quote:
Originally Posted by Toymeister View Post
I actually have a rental. I run in the high 70s low 80s percentile occupancy rate. In TV this is very good. In my opinion the best rent to purchase rate are the CYVs and smaller designers with an inferior lot (not a corner). No one will pay more rent for granite countertops, golf cart garage, enclosed lanai and so on.

While it does help you rent it does not help you recover your additional purchase price the extras can easily exceed 100k.

Conversely, no one want a too inexpensive place. No offense to any patio villa owners but some do appear inexpensive in the rental listing pictures when compared to a CYV which may rent for 200.00 more a month, that is relatively a small increase

You can easily rent these your self using a good home watch firm.
Another thing that factors in is if you will be ultimately occupying this home.
I have rental units also- could not agree more. He stated the facts beautifully. Totally agree about a low end designer home in a great neighborhood..... it has worked for me.
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