Talk of The Villages Florida - Rentals, Entertainment & More
Talk of The Villages Florida - Rentals, Entertainment & More
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Short Term Rentals have no place in a residential zoned neighborhood, in my opinion. The Villages is not regulating them in any way and (& won't, because it works to their benefit) and current Florida Law makes it almost impossible for a city or county to regulate them. In general, they (STR's) de-stabilize neighborhoods and put increased burden on the infrastructure and in the case of The Villages, the amenities. Just my opinion, everyone else's mileage may vary. |
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What's the biggest draw to FL? Orlando and the entertainment parks. If you are looking for a cheap version of rentals for school vacation and still get to Orlando for a day or two and have access to pools, etc. . is TV competitive? a viable alternative with lower affordable accomodations to renting hotels in Orlando? of the rentals we have, there are two major categories: 1) retired couples looking for their retirement house, or waiting on building completion 2) younger generation visiting grandparents with children. . . The third category, we haven't had any, are school vacation types, wanna get away by SWA to FL . . Friend of ours had one of these in NH, and threatened to call their higher education institution about their college visa for all the damage done if they didn't pay. . |
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1. Designers are by far the most popular for non-short term rentals, like renting a month or two at a time. Also, I would highly recommend against offering short term rentals that are under a month. You will not make that much money due to fees going to AirBnb/****, plus your neighbors will all despise you. Personally, we value our neighbors and don't want them to feel like they live next door to a hotel. You get a VERY different type of renter from AirBnb vs sites like Rent from a Villager. 2. The easiest to rent are Feb/March. April and May you can get some interest if you're priced right and have a nicely furnished place. June-Nov is a crapshoot in getting any renters at all. 3. A 3 bedroom you're getting slightly higher rent but probably not enough to say the 3 bedroom is more "profitable", although the higher the price, you're generally getting a more desirable renter than someone that's trying to rent at a bargain basement price. I would also caution against using a management company. Many charge 25-30% or more and you're at the mercy of them finding renters for you, some try less hard than others. Some try to rent your place without you knowing so that they can pocket 100% of the rent. I belong to a Villages Landlord group, and almost every anecdote I get from talking to other landlords that have used management companies in the past is very bad. |
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I agree though that as a pure investment, there's several better options than buying a home in the Villages just to rent out. |
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Carpetbaggers!! |
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If you really want to have your home trashed try renting to spring breakers for the month of March. I have rented on the beach and seen spring break in full swing, and I believe it is starting to happen here.
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Investment
From an investor’s point of view, buy when prices are low. They certainly are nowhere close to bottom here yet. Real estate is all about timing, location and risk exposure.
Even money markets are safer than real estate right now.
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Everywhere “Everyone may not be good, but there's always something good in everyone. Never judge anyone shortly because every saint has a past and every sinner has a future.” - Oscar Wilde |
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Lawsuits
Airbnb is being sued by multiple agencies. There isn’t any clear place where everything will land because there are so many suits. They have been flooding Florida campaigns with cash. I’m not sure where it will get them.
__________________
Everywhere “Everyone may not be good, but there's always something good in everyone. Never judge anyone shortly because every saint has a past and every sinner has a future.” - Oscar Wilde |