Talk of The Villages Florida

Talk of The Villages Florida (https://www.talkofthevillages.com/forums/)
-   The Villages, Florida, General Discussion (https://www.talkofthevillages.com/forums/villages-florida-general-discussion-73/)
-   -   Airbnb Problem (https://www.talkofthevillages.com/forums/villages-florida-general-discussion-73/airbnb-problem-343064/)

JGibson 08-06-2023 06:41 AM

Quote:

Originally Posted by HIgolfers (Post 2241989)
And it may be that the Developer now recognizes there is a problem.

Or houses in Middleton aren't selling fast enough.

Papa_lecki 08-06-2023 06:46 AM

Quote:

Originally Posted by BrianL99 (Post 2242021)
….the owner can't sell for a year, can't buy more than 1 home and can't use the home as an STR. I don't really have any first hand knowledge, just relating what I've heard and seen posted.

Hard to enforce buying more than one house - you can just set up a new LLC for each house - so it’s a different buyer.

OrangeBlossomBaby 08-06-2023 09:54 AM

Quote:

Originally Posted by Papa_lecki (Post 2242092)
Hard to enforce buying more than one house - you can just set up a new LLC for each house - so it’s a different buyer.

Don't allow LLCs to buy homes, other than necessary to transfer estates of the deceased to their families. Make a new deed restriction for new areas that they must be individual homeowners, buying the homes, and clarify that the district is intended to be a homeowners' residency district.

JGibson 08-07-2023 07:33 AM

Quote:

Originally Posted by OrangeBlossomBaby (Post 2242165)
Don't allow LLCs to buy homes, other than necessary to transfer estates of the deceased to their families. Make a new deed restriction for new areas that they must be individual homeowners, buying the homes, and clarify that the district is intended to be a homeowners' residency district.

There in the business of selling homes not putting further restrictions on selling them.

Byte1 08-07-2023 12:16 PM

Seems like Home insurance would be more costly for an ABB than for a residential home. Just saying......perhaps that person is not being totally honest with their home insurance company. Wonder what would happen if their insurance company received an anonymous call advising them of the situation.

golfing eagles 08-07-2023 12:18 PM

Quote:

Originally Posted by Byte1 (Post 2242520)
Seems like Home insurance would be more costly for an ABB than for a residential home. Just saying......perhaps that person is not being totally honest with their home insurance company. Wonder what would happen if their insurance company received an anonymous call advising them of the situation.

You would need to know which company is insuring the property

asianthree 08-07-2023 12:20 PM

Quote:

Originally Posted by Byte1 (Post 2242520)
Seems like Home insurance would be more costly for an ABB than for a residential home. Just saying......perhaps that person is not being totally honest with their home insurance company. Wonder what would happen if their insurance company received an anonymous call advising them of the situation.

Actually insurance for rental is less than homeowners, not by much, about 20-25% less

BrianL99 08-07-2023 04:50 PM

Quote:

Originally Posted by Byte1 (Post 2242520)
Seems like Home insurance would be more costly for an ABB than for a residential home. Just saying......perhaps that person is not being totally honest with their home insurance company. Wonder what would happen if their insurance company received an anonymous call advising them of the situation.

If you list with AirBnB or **** and most other STR rental sites, they provide supplemental Liability & Theft Insurance.

JGibson 08-08-2023 08:44 AM

There has been chatter that word is traveling fast about the Airbnb issue and may have folks second-guessing about buying in TV.

If I was buying today I would hesitate to buy.

BrianL99 08-08-2023 03:20 PM

Quote:

Originally Posted by JGibson (Post 2242811)
There has been chatter that word is traveling fast about the Airbnb issue and may have folks second-guessing about buying in TV.

If I was buying today I would hesitate to buy.

I don't see how the Developer has any interest nor benefit, to address the issue in the established parts of TV.

Existing TV could become the STR Capital of Central Florida and I suspect the Developer will smarten up in the new areas of the South and attempt to control STR usage there.

OrangeBlossomBaby 08-08-2023 04:41 PM

Quote:

Originally Posted by BrianL99 (Post 2242977)
I don't see how the Developer has any interest nor benefit, to address the issue in the established parts of TV.

Existing TV could become the STR Capital of Central Florida and I suspect the Developer will smarten up in the new areas of the South and attempt to control STR usage there.

Because the existing areas still bear The Villages trademark. If they become "Trailer Trashville" or "Slumlord Heaven" it will reflect on the entire community. And that affects property values, and interest.

BrianL99 08-08-2023 05:08 PM

Quote:

Originally Posted by OrangeBlossomBaby (Post 2243030)
Because the existing areas still bear The Villages trademark. If they become "Trailer Trashville" or "Slumlord Heaven" it will reflect on the entire community. And that affects property values, and interest.

History has already proven that's not true.

The so-called "Historic Section" is already Trailer Trashville and that hasn't hurt sales in the Bridgeport area (or other areas) of TV.

Royaloil 08-08-2023 05:16 PM

Quote:

Originally Posted by Debfrommaine (Post 2240460)
. Only my opinion but a parent needs to be employed by a business that is associated with TV.

Are TV business owners allowed to have familes in TV?

oldtimes 08-08-2023 05:38 PM

Quote:

Originally Posted by Royaloil (Post 2243039)
Are TV business owners allowed to have familes in TV?

Honestly, as long as they are selling houses, I think it's reached the point of anything goes. You can just toss those deed restrictions right out the window. If I were buying today I'd be looking elsewhere.

Bill14564 08-08-2023 05:58 PM

Quote:

Originally Posted by Royaloil (Post 2243039)
Are TV business owners allowed to have familes in TV?

I don’t believe there is any legal way to prevent them from buying. And, why would the Villages want to anyway?


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