Talk of The Villages Florida - View Single Post - Buy and renting the unit out during the year
View Single Post
 
Old 04-20-2020, 03:15 PM
gadaboutgal gadaboutgal is offline
Senior Member
Join Date: Aug 2009
Posts: 213
Thanks: 8
Thanked 131 Times in 36 Posts
Default

We have over the last 15 years owned and rented out many villas. It is easy to rent out a patio villa in winter months,if you have 5-6 months rental , that will usually pay for the villa costs the rest of the year--but only if you are willing to do all the work yourself.

However, letting The Villages Property Management handle all for you is costly and you cannot expect to make much if any profit. I would only go this route if you want to purchase for your own enjoyment and use sometime in the future.

Having said all that, the way to actually make the most profit is to purchase, hold, then sell within a reasonable time frame as the rising cost of the villas is the best benefit, at least for now--who knows what future will bring.
__________________
GA to OH to NY to VA, and finally out of the snow once again: 18+ years in THE VILLAGES, FL