Talk of The Villages Florida - View Single Post - renting to own
Thread: renting to own
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Old 11-29-2021, 06:07 AM
thevillages2013 thevillages2013 is offline
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Quote:
Originally Posted by ryoungs View Post
I have done a search of forums but can't find any posts where someone has tried the scheme I am considering. This suggests to me it is probably a stupid idea, but I would be interested in advice.

I am considering buying a three bedroom home in the Villages (none picked out yet) and, as a snowbird, renting it out long term. When my wife and I, or family members, decide to use the house for, say, 3 winter months, the renter would have the use of only one of the three bedrooms plus common areas, but at a greatly reduced rent (similar to an airbnb but at much less cost for the renter). At all other times the renter would have the entire home to use as he (she/they) sees fit, but at closer to normal rental prices (which, again, would be less than it might cost them otherwise)

I do realize it would have to be a perfect fit between the renter(s) and myself, but it sounds like a win-win for us both. It would be an ideal situation if I had a relative or a good friend who wanted to do it.

Comments?
Sharing the common areas? I just have a vision of an old dude lounging around in his boxer shorts and wifebeater t-shirt sitting in your recliner and wanting to watch Gunsmoke reruns while you are there