What is the current status on the rental market?

[Timothyimitchell]

Is demand for rentals still high? What are the best areas for rental homes?

[stan the man]

Jump in --- buy another house for rental -- plenty of renters--when people like us get into a good thing - its time to get out

[John41]

Why rent when you can buy and see a tidy profit in a few years?

[manaboutown]

Why rent when you can buy and see a tidy profit in a few years?

Perhaps he is looking to buy well located houses in TV as investment properties, rent them out, claim depreciation on them on his tax returns and a few years from now sell them off at profit. He could ladder the sales, one or two a year to spread out his capital gains.

[vintageogauge]

I haven't gotten this passed my wife yet but we own a unfurnished patio villa that the tenant left as scheduled at the end of June. I currently rent several storage units and am thinking of not renting this any longer and using it for storage along with renting out the 2 car garage, it would be cheaper to pay the taxes, bond, insurance, and utilities less the garage rental income than I am currently paying for storage. I can then let it sit there and appreciate without the hassle of having tenants. Any thoughts.

[Kilmacowen]

Get rid of the storage units and everything in them. Problem solved!

[Packer Fan]

The rental market is fine. People are still renting as always

[justjim]

The rental market is fine. People are still renting as always

Good to hear. I thought with coronavirus that rentals would slow in The Villages.

[vintageogauge]

Get rid of the storage units and everything in them. Problem solved!

If you knew what was in them you wouldn't be saying that and it's not a problem.

Get rid of the storage units and everything in them. Problem solved!

No problem to solve.

[Packer Fan]

Good to hear. I thought with coronavirus that rentals would slow in The Villages.

Renters got a little skitish for May and June, but have figured out it is better to be in TV than elsewhere. A lot of summer and fall renters tend to be looking at homes or building, they are coming here long term. Winter renters still are saying they are coming because the weather will still be better in Florida.

[Bob3302]

It’s slowing for 4th quarter...and soon we will have the competing BROWNWOOD apartments.

[Fraugoofy]

I have seen the rentals slowing a bit, and several Canadians have cancelled all together for the Fall. I have one rental completely open for Jan-April with zero bites and that hasn't happened in the 8 years I have owned. Hoping it picks up again and the Amelia property gets rented! Have always had great luck in the past... Peace out! Rae

[Packer Fan]

It’s slowing for 4th quarter...and soon we will have the competing BROWNWOOD apartments.

Funny, I am rented both houses for all months through next MAY. Includes 4th qtr.

[vintageogauge]

It’s slowing for 4th quarter...and soon we will have the competing BROWNWOOD apartments.

The apartments are long term unfurnished at this point.

[Packer Fan]

The apartments are long term unfurnished at this point.

Brownwood apartments are minimum year lease. Not competition for month to month rentals. No worry for me.