Talk of The Villages Florida - View Single Post - What is Success Rate of Buying then renting out?
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Old 09-04-2007, 02:59 PM
Indy-Guy Indy-Guy is offline
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Default Re: What is Success Rate of Buying then renting out?

We rented our place out for one year before we came here full time. We had no problems and no damage. Our place was rented December through April. If you have a golf cart to rent with your place it will rent quicker than without one. Also figure how many weeks you will be able to come down and use. We would have come down here about 3 weeks a year and rented from someone else so we save there. Also after we purchased we came down several weekends a year for a 3 day trip. We found $120.00 round trip from Indianapolis to either Orlando or Tampa. Worked out that when it wasn't rented the flights were cheaper.

No it won't pay for its self but it will perhaps go up in value also. I believe they will be worth more a couple of years from now. At least the villa we purchased 3 years ago is worth more than I payed for it even if prices are down from a year ago.
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