Talk of The Villages Florida - View Single Post - Is renting out your home a good idea???
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Old 08-03-2012, 07:17 AM
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Quote:
Originally Posted by lightworker888 View Post
We have rented out ur CYV in the Jan-Mar time frame for two years. When we came down we enclosed the lanai and did the maintenance free landscaping which got covered by the rental income.

We had to pay extra for income tax prep both in the US and Canada. Now that the major costs have been covered and the home is the way we want it, we have decided to see if we need to rent it out to cover some of the maintenance costs or if we can manage it ourselves, so this year we are not renting it out.

We like not having to put everything away, although we do have storage units in the garage. We also like to not have to worry about others in our house using our stuff. We have had good renters but I think the factor that took us over the edge was the golf cart insurance issue. Our neighbour looks after our golf cart while we are away so having him come in to take the golf cart out while renter were in and not allowed to use the cart etc was enough of a discomfort for us to forgo renting it out.

We may find that the extra income is worth the added costs and discomfort and if so we will revisit the decision to get out of the market.

We love having this vacation twice a year knowing that everything is what we want and we don't have to "consider the renters" when we purchase things for the house or do anything with it.

Just another point of view.

LW888
I "hear you". The owner we rented from in TV actually left all their food in the pantry, etc. and we, of course, added to it.....as we were flying home and the "dates" were still good or stuff was "unopened" in the pantry or freezer, etc.

They also left their clothes but gave us one huge closet opposite theirs.

When we'd rent on Sanibel Island, on gulf coast, the owner would have her own closet with a lock on it........and ours would be empty. She'd also leave the frig and freezer empty of food; ditto for the pantry.

She had a two woman, one man cleaning team that would whiz in and out and clean thoroughly....the big sliders, the bathrooms, the kitchen, vacuum, etc.........change the sheets, etc..........whereas the TV owners although they said they had a cleaning lady........we were told to strip the sheets , etc. off the beds, wash them before we left and were supposed to just put them on top of the bed for the cleaning lady to make up, but since they'd get all wrinkled, I put them back on............we were flying out and it's a ride to the airport...........so we checked out the day earlier**** so we could do all this "cleaning" and not be frazzled........I did towels every day for the month and did them at the end before we left as well.

We wiped down all the kitchen daily and again before we left; my husband cleaned the bathrooms, etc.........but never have we rented in a place where we cleaned.......until TV.

Oh, we also put out the garbage as instructed , each garbage day.
Good system.

Plus, my husband , while floating around in the pool under the birdcage, noticed some black mold under the coping.......or whatever it is called in Florida.......and he went out and bought a cleaner for such and did all around the inside of the pool.........even though they had a pool service who would vacuum weekly and change the chemicals, ditto. He had called the mold to the attention of the pool guy who looked at it, but didn't really treat it.

So, renters do treat these homes as they would their own. We did.

But that said, it was just like home.....and we wanted to leave it nice for the cleaning lady.

****That hotel within the Orlando International Airport is wonderful; it made the flight more restful as we were already close to the check in area for Southwest Airlines and the bagge section, etc.........just down the elevator and over............without doing the DRIVE from TV to Orlando and rental car return.....after all the "cleaning".
Would do it that way again next time. Great room service with burgers smothered in onions.........great night's sleep as we were "already there".....within the airport.
I think it's a Hyatt Regency....not sure...........but came in handy as the rental car return "exits" are so crazy......this way, flight day was uneventful and relaxing.