Talk of The Villages Florida - View Single Post - Buying and renting
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Old 05-30-2011, 10:01 PM
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gerryann gerryann is offline
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I've done monthly and weekly rentals only and while long term rentals sound more attractive, especially if you don't have to furnish the home, but I'm told they are very difficult to get. Send me a PM if you want to discuss this further, but my advice is don't buy until rental income is a nice plus, NOT a requirement for protecting your investment. Good luck!
I'm not experienced in renting out a home, but....... I have been trying to find a home for a 7 month (or more) period of time. The home can be furnished or not. All I am finding is rentals between $2800 and $3800, and folks seem to be interested in only renting out for Jan, Feb and March. Some folks have actually rented their homes out for ONLY Feb...which really cuts out a whole lot of possible renters....Anyway, why not take a sure thing with a long term? Wouldn't it be financially better to rent to a long term couple at a lower rent base and have it rented for a 7-8 month period? I must admit, when I started looking for a rental, I was shocked at the $$$ that ya'll are getting in The Villages. My purpose in renting is to get a "feel" for the lifestyle...figure out which neighborhood will be a good fit for us and then proceed to buy or build. I do hope that we will be successful in finding a place for a long term rental. Thanks for listening to a "newbie".