Advice Needed - Renting Out My Property

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  #16  
Old 12-15-2019, 06:45 PM
AnnieS AnnieS is offline
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Originally Posted by Alana33 View Post
Do you have to rent it? Will you be able to move in when you're ready if you rent it?
Sounds like a lot of hoops to jump through.
I'm thinking more of seasonal or other short-term renters. But after reading the comments, it may just be more trouble than it's worth. Now I'm leaning more toward just leaving it vacant and getting someone to do the lawn/etc.
  #17  
Old 12-15-2019, 09:33 PM
fortstephenson fortstephenson is offline
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I have three rentals, all handled by Brian Feldman of RE/MAX Premier Property Management, 3990 E. State Road 44, Unit 401
Wildwood, Florida 34785 352-460-4633
  #18  
Old 12-16-2019, 09:50 AM
schultzcj13@comcast.net schultzcj13@comcast.net is offline
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We rent our house from February thru summer. I don’t myself but it took awhile for me to set it up. I pay 9% transient taxes each month if necessary. I have a contract for each month (we pay up to $130 in electricity, golf cart included, and fully furnished). IF you rent 6 month and one day, you don’t have to pay transient taxes; less than that, you pay taxes to FL and also Lake County.

At first, I searched for someone to ‘watch’ our house when we are not here; their fee was $200 a month, and, if we were here living, we had to pay the $200 a month to them! With the expenses of two house, we were not going to pay them $200 a month!!

We have had many nice tenants who have watched our house while they lived here.
  #19  
Old 12-16-2019, 11:31 AM
retiredguy123 retiredguy123 is online now
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$200 per month for home watch services sounds way too high!
  #20  
Old 12-16-2019, 11:40 AM
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Toymeister Toymeister is offline
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OP have you decided yet if you're going to rent your home out we would love to know! Maybe you can tell us the deciding factor.
  #21  
Old 12-16-2019, 12:21 PM
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karostay karostay is offline
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Quote:
Originally Posted by AnnieS View Post
I'd like to know your recent experiences with property managers. I need one that is totally full service, including advertising the property, obtaining/screening tenants, repairing or replacing anything that breaks, and making sure everything is clean and in good order when a tenant moves out. I am buying this house for myself but won't be moving down for several months or more, and I want a company that will take care of it and make sure it stays in top condition. If you've worked with a company you really liked, please post. I'm new to all this, so I'll take any help you can give.
MHO when your done paying all the fees using a full service manager there will little left for you.Not worth the wear and tear in the long run
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  #22  
Old 12-16-2019, 12:27 PM
retiredguy123 retiredguy123 is online now
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Originally Posted by karostay View Post
MHO when your done paying all the fees using a full service manager there will little left for you.Not worth the wear and tear in the long run
I agree. Think about it. If making money as a landlord were as easy as just buying a house and turning it over to a full service management company, almost everybody would do it instead of buying stocks and bonds. Being a landlord has never been that easy.
  #23  
Old 12-16-2019, 12:52 PM
mikeritz53 mikeritz53 is offline
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WWW.VillagersVacationHomeRentals.com, Owner is a Village Resident, in Business 6+ yrs, Manage 40+ rentals in The Villages. No % of Rent Charged, Flat Fee of $100/mth
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property, company, months, moving, care

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