Talk of The Villages Florida - View Single Post - Buying and renting
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Old 05-30-2011, 09:03 PM
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Mark1130 Mark1130 is offline
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Default Buying and renting

I have been looking very hard at purchasing a CYV for the past 4 months. My wife and I visited TV earlier this month and have a very good "feel" about what and where we want to live.

Our questions always come down to finances. Our plan would be to buy now and rent out for at least 2 years then move once we get everything else up here in order. What I want to ask is about renting out our CYV

We met with Bob King at The Villages Rentals. He gave us 2 options.

We can rent out on the short term, mainly for the winter months. We would have to furnish the home and such.

Secondly, we could rent it out long term 6 months to a year at a time. In this case, we would not have to have it furnished since these renters usually want to move in with their own furnishings.

I would appreciate any advise or opinions on these two options. I have found two different CYV's that would suit either purpose and feel the time is right for us now to buy.