Talk of The Villages Florida - Rentals, Entertainment & More
Talk of The Villages Florida - Rentals, Entertainment & More
#1
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Investing in TV
We are looking for a place to retire, and hope to make it to TV this year to check out. If we decide it is the place for us but are not ready to make the move for 5 more years would it make sense to purchase now while prices are a little down and rent the house out? Is owning a rental a viable option in that market?
(We are of age but not ready to shut down our work yet.) |
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#2
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A couple of prior threads on the topic:
Advice on Purchasing a Home how easy is to rent your home until you ready to move Need info on purchasing a home to be rented out. Hopefully that will be of some help! Bill |
#3
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Thank you!
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#4
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You're welcome - no problem-o!
Bill |
#5
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Quote:
Bob |
#6
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Thanks Bob. I am looking at this from the perspective of an Atlanta real estate "investor" in a tanked (or tanking) real estate market. I am beginning to wonder if we bought a smaller home in TV and placed it in a rental program as a way to kind of lock in what I believe will be escalating prices there in the near future. Then when we are ready sell that place (for a profit), and our home in Georgia (no profit) and buy our desired retirement home we will be able to buy what we would want without too much pain. Just trying to look at all possible angles. Thanks again for everyone's input!
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#7
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No, always best to wait, no one knows what the future will bring.
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#8
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Quote:
That is exactly what I did. Not a bad investment at all. I believe that even when I retire some years down the road I will continue to rent it out full-time, as I have no desire to live there. When TV is fully built out, I expect prices will (hopefully) rise a bit - then , I might sell. |
Closed Thread |
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