Talk of The Villages Florida - View Single Post - Buying and renting
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Old 06-01-2011, 01:10 PM
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aljetmet aljetmet is offline
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Default Renting before buying or building

Quote:
Originally Posted by gerryann View Post
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".
If you decide to build the odds are pretty high that you will not be building in a village you have been renting. Depends if it's a villa or a designer.

By monitoring TOTV for the past year or so we have found out lot's of the good some of the not so good about TV. We have enought info that renting is not an option. We're going to jump in head first! We've only spent 3 days in person in TV spending most of the time looking at new model homes... that was in 2/10 going back in 4/12 buying probably a few months later if all goes well.

Good luck!