Quote:
Originally Posted by ivanhoe
Played golf with a fellow last month who purchased a second unit on spec. Total annual gross on the rental property $600!
Low season very difficult to get long term renters and short term renters seemed, to him, to have less respect for the property.
A better question would be what will be our loss opportunity in the current financial arena given the amount of time until we retire and move to TV.
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Well gross rent of 600?? Is this person paying someone else to rent the property for him/her? I had a rental from 2007-2012. All of which, I handled myself. I wasn't about to pay The Villages (at that time 18%) rental fee. I did everything via phone and online. All went well. My renters came back each year and I rented in low season too! Never had a problem! I was in Sabal Chase, owned a villa with golf cart and all utilities paid. The way you treat your renters will show how they treat you!
