[Normal]

There is a huge inventory of homes for rent in the Villages. Currently more than 1,100 units are available to rent. This number may climb with the problems of homes being dropped off the MLS and not kept on the MLS because of the souring market. Those homes have a greater potential to become rentals.

Obviously few want the problems of a rental as their neighbor. Hopefully Sumter County steps in to rectify the swelling issue and preserve the Villages lifestyle while sub doing the rental influx. Laws can still be followed while requiring additional steps to make everyone happy.

[Stu from NYC]

What has been average of homes to rent?

[asianthree]

Originally Posted by Stu from NYC

What has been average of homes to rent?

Unless one knows every rental site in Florida numbers will never be complete. Let’s face it who has the time. Out of 24 rental sites I only follow about 8.

From 2007 to 2020 the sites I kept track averaged around 1400, usually with updates monthly.

Then again I only tracked cottage, designers, and only those with minimum of 90 to 365 days. So very narrow window in stats.

So there definitely was more rental information numbers for PV, CYV, Modular, premier. With less than 90 day minimum requirement.

So guessing probably about 2,000 and upwards with realtors and sites not usually available to the public.

I stopped when we sold our three investment properties in TV by 2020

[thelegges]

OP when we first inquired about investment properties in 2004, sales reps encouraged renting. Plus gave you companies to work with, if you didn’t want to handle on your own.

At the time TV didn’t have LSV sections, using owners who were in the rental pool. At least that’s the homes we were offered for visits.

I would say your numbers are definitely lower than when we came early 2000s. So maybe gloom and doom you are posting is actually less rentals than in previous years.

My family rented while building, in 2000- 2002, choice of over 700 designers, more smaller homes but they needed larger accommodations. That wasn’t counting those homes that were already rented

[jimhoward]

I am having trouble understanding the message here.

Is the large number of available rental units a good thing, because renters now have choices and/or fewer rental units are occupied so things are less crowded? Or is it a bad thing because because rental real estate is not such a good investment in the villages right now?

[Aces4]

Originally Posted by jimhoward

I am having trouble understanding the message here.

Is the large number of available rental units a good thing, because renters now have choices and/or fewer rental units are occupied so things are less crowded? Or is it a bad thing because because rental real estate is not such a good investment in the villages right now?

It is which ever way you want to interpret it.

[CarlR33]

The post is common doom and gloom and like the others I don’t understand the message? It’s summer and wouldn’t rentals be less in summer?

[thevillages2013]

Originally Posted by CarlR33

The post is common doom and gloom and like the others I don’t understand the message? It’s summer and wouldn’t rentals be less in summer?

Post winner, hands down. The forest has been seen between the trees!

[RICH1]

Our Old Friends, the Canadians are not returning to the states ... Why go somewhere that doesn't want you? Vacancy is a common problem in all Vacation Rental Markets... The Village homes are just Temporary Living Quarters...

[MandoMan]

Originally Posted by Normal

There is a huge inventory of homes for rent in the Villages. Currently more than 1,100 units are available to rent. This number may climb with the problems of homes being dropped off the MLS and not kept on the MLS because of the souring market. Those homes have a greater potential to become rentals.

Obviously few want the problems of a rental as their neighbor. Hopefully Sumter County steps in to rectify the swelling issue and preserve the Villages lifestyle while sub doing the rental influx. Laws can still be followed while requiring additional steps to make everyone happy.

It’s summer! Relatively few people want to come here to rent for a few months in the summer, even though I like it here in the summer. I have a friend who rents out either a suite in her house or the entire house. For six months a year she has no rentals. The suite is about $1500 a month, and the entire house is, I believe, $4,000 a month. Also, lots of houses available now may have bookings already for the winter months. So don’t worry.

[BillyGrown]

We have a rental next to us. Past renters destroyed our sod, left the garbage out 4 days out of the week and were noisy late into the night. The home isn’t invested in for appearance and is the most marginal on the entire street. I think rentals should be banned. If you don’t, you are a landlord or you have never had the disconnected temporary living next to you.

[Meyerro]

Originally Posted by thelegges

OP when we first inquired about investment properties in 2004, sales reps encouraged renting. Plus gave you companies to work with, if you didn’t want to handle on your own.

At the time TV didn’t have LSV sections, using owners who were in the rental pool. At least that’s the homes we were offered for visits.

I would say your numbers are definitely lower than when we came early 2000s. So maybe gloom and doom you are posting is actually less rentals than in previous years.

My family rented while building, in 2000- 2002, choice of over 700 designers, more smaller homes but they needed larger accommodations. That wasn’t counting those homes that were already rented

Sorry fairly new here, what is an LSV section?

[retiredguy123]

Originally Posted by Meyerro

Sorry fairly new here, what is an LSV section?

LSV stands for life style visit. The LSV sections are designated areas where The Villages allows visitors to stay who have scheduled a life style visit.

[Babubhat]

Originally Posted by BillyGrown

We have a rental next to us. Past renters destroyed our sod, left the garbage out 4 days out of the week and were noisy late into the night. The home isn’t invested in for appearance and is the most marginal on the entire street. I think rentals should be banned. If you don’t, you are a landlord or you have never had the disconnected temporary living next to you.

If you live within Wildwood, read this

Municode Library

[elle123]

Originally Posted by Normal

There is a huge inventory of homes for rent in the Villages. Currently more than 1,100 units are available to rent. This number may climb with the problems of homes being dropped off the MLS and not kept on the MLS because of the souring market. Those homes have a greater potential to become rentals.

Obviously few want the problems of a rental as their neighbor. Hopefully Sumter County steps in to rectify the swelling issue and preserve the Villages lifestyle while sub doing the rental influx. Laws can still be followed while requiring additional steps to make everyone happy.

If the real estate market crashes will The Villages remove all age restrictions?