Quote:
Originally Posted by LB
Hello to all, We are still in West Palm, and trying all angels to get more time in the Villages.We have decided to look at Manufactured homes in the historic area. We would rent in the busy months and we could enjoy the rest of the year. This is all new as we have not spent too much time in thes villages. How does renting work for any owners? What are the pitfalls? Would appreciate any feed back.Now I will go back to the web cam and watch poeple having fun at the squares. Regards LB & LB
|
We rented a manufactured home on the historic side for 3 years (3-months at a time) and fell in love with the Village of Orange Blossom Gardens. Good friends of ours own and rent several manufactured homes in the Villages of Silver Lake and Country Club Hills, and rarely have any difficulty renting them short or long term, some yearly. One thing to keep in mind is that some original mfd homes are now older than some financial institutions care to grant mortgages and insurance (older than 1978). In these cases cash is king and you can get some great bargains while gaining income from rentals. If it were me, I'd look through each one with a fine toothed comb to assure structural integrity. Then MOVE IN!