Investment rental in TV
 

Had a friend visit here for few days and he was thinking about buying a home and renting during the high season and when he isn't using it.

Those of you that rent

1. how easy is to rent a small designer through out the year
2. where is the demand term wise - long term, weekly, monthly etc.
3. where to you advertise your property, here on this forum (seams out of date listing are numerous) AirBnB, other websites

Any other info I could pass along

.

We have long term, and when we came down we would rent something for a week or two. Our average of inquiries for 1 year rental starting in 2010 was around 40.
2020 we had 17 inquiries.
2021 we had 26 inquiries.
I do phone interviews and narrow to 4-5 couples meet in person if current tenant does not renew. At this time there are very few long term available, and in the south $1850 seems to be the going monthly rate. We use the vill4 rent

They went to sales office, using a purchase price of $325 with 20% down, comes to about $2200 month to carry a new designer home.

So if the market is $1850 that wouldn't work to well.

Perhaps as an investment property a monthly rental would yield more

IMHO, rentals should not be allowed at all. Renters have no investment in the community. You never really know who you're renting to. Citizenship should be a requirement for land ownership.

Actually profit was less for January, February, March. You have to pay percentage to state, all of the utilities for 12 months. We tried a seasonal rental, following year we went to long term. Many owners buy 4-5 years before retirement, even if you break even or less. It’s money that pays for the home while you are in waiting for retirement.
We purchased a home for our parents to use in winter months, once they were no longer capable of using the home we started renting long term.