Talk of The Villages Florida - View Single Post - Renting VS Buying
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Old 05-15-2014, 12:17 PM
Mallory Voice Mallory Voice is offline
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Originally Posted by villagur View Post
Wondering how many people rent in TV vs. buying. We are thinking of buying a patio villa to offer as a long term rental (like a yearly lease). Trying to get an idea if most residents own their own home, and if there are some renters out there, what is the going rate for rent and what is or isn't included. Thanks!
From our experience most people end up buying unless you are sure you don't want to be a permanent (year-round) residents. Keep in mind that in our region we have a 9 month growing season which means lots of exterior maintenance is needed. Plus you have monthly maintenance fees paid to the villages and then there is the bond/tax payments. I would rent over in the historic section (because it's the cheapest) for at least 6 months before thinking of buying.
Mallory Voice