Quote:
Originally Posted by Randall55
A few have sold their homes and have left in my area because of rentals. All bought villas and found approx 25% of them were used for rental income. The owners were Villagers and asked them to keep an eye on their properties and would call and ask for favors. That did not go over well! Why would a homeowner want to keep an eye on rental homes? Why should they be responsible for the clean up? And why would a Village landlord expect them to do so? Some just packed up and moved North.
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In the past three years, my CYV neighborhood went from zero rentals on my street to 10. I am constantly bombarded by investors who want to purchase my villa. I live walking distance to a square and they see potential for high rent. When Eastport is built, I think investors are going to try and snatch up as many villas as they can.