[Sandtrap328]

Originally Posted by big guy

We own 2 homes in The Villages.....both are in a family trust. We live in one and rent the other. We have improved the rental property so that it has become the neatest and cleanest looking property on the street. When I am there I pick up paper and pull weeds in common areas. We are not absentee landlords and all of our renters have been lovely people who have expressed an interest in The Villages. I expect a large percentage of the properties would be vacant if only allowed to rent 3 months of the year. We have never rented for only 1 week but we do rent for two weeks in the summer. If you are seeing real estate transactions being bought in trusts or LLCs, it's probably a couple like us who have everything in a trust so that our heirs won't have to go through probate. We are an LLC to limit liabity......we would be crazy to do business any other way.

Just curious - do short term renters (2-4 weeks) have restrictions on children under 19 like owners must comply?

[graciegirl]

I worry too about the folks who are trying to locate a complete stranger on this forum to rent long term WITH. I watch Judge Judy and that doesn't seem to ever work out well.

Good morning. I am who I am. We all are. I love the debates on this forum.

[Indydealmaker]

Originally Posted by Sandtrap328

Just curious - do short term renters (2-4 weeks) have restrictions on children under 19 like owners must comply?

The age restrictions are for residents, not owners. A baby could own property in The Villages.

[justjim]

A couple of years ago I "bumped" into a couple who had 26 rentals in TV. Yep, that's what the guy told me. All of them they said were in the "older sections" of TV. Some he rented out for a few days or a week. His words. Owning rentals was a full-time business to this couple and their son.

I often thought about that conversation. I sure wouldn't want to live next door to a "motel". Would any of us who call TV their home?

No more new homes built in TV will be IMHO a "game changer". A conversation for another thread. As months go by, more and more Villages will be the "older section".

[graciegirl]

Originally Posted by justjim

A couple of years ago I "bumped" into a couple who had 26 rentals in TV. Yep, that's what the guy told me. All of them they said were in the "older sections" of TV. Some he rented out for a few days or a week. His words. Owning rentals was a full-time business to this couple and their son.

I often thought about that conversation. I sure wouldn't want to live next door to a "motel". Would any of us who call TV their home?

No more new homes built in TV will be IMHO a "game changer". A conversation for another thread. As months go by, more and more Villages will be the "older section".

You are so right.

Well, I certainly understand all these points of view. Everyone seems to have the same objective - to maintain the quality of The Villages and I humbly agree. My husband and I are moving to TV in September (if our house sells!!). We are going to rent for a year before deciding if we want to buy or continue to rent. We are renting a furnished house and so grateful that this option is available. Will probably maintain the house even BETTER then we do our very own because we appreciate it so much. This option gives newcomers the chance to explore and decide the best option for them. And if we have friends who want to visit, they can rent a house of their own and have their own privacy which is wonderful. I just hope that Villagers always have this much concern for TV. This is what keeps TV a quality place to live. Looking forward to become a Villager myself in the near future.

[VILLAGER 2011]

Originally Posted by mulligan

I have seen ads for weekly rentals in TV. Now I notice an inquiry about purchase by multiple families, and purchase by a LLC. I believe that if we don't get a grip on these issues, we will have properties occupied by people that don't have a vested interest in our community, don't stay long enough to learn the local "rules", and won't make any attempt to educate themselves prior to signing a lease. I don't know if sales can be somehow restricted, and the duration of rentals regulated, but IMHO, the time has come to find out. I don't believe sales to any entity other than a real person should be allowed (not trusts, or corporations), and rentals should be at least 90 days (the longer the better). I do not mean to cast aspersions in all renters, but as we all have seen, 1 rotten apple can create a barrel full.

re: Rentals. It is what it is...

Folowing the death of Gary Morse it is now a new day in the villages. The kids have every right to run the show as they see fit and profit is not a dirty word.

The vision of the growth of the villages tempered with an altruistic attitude made the villages of today. The Villages of tomorrow will be one of uncontrolled expansion with many small kingdoms created by business entrepreneurs e.g., (the four country clubs and scooples owned by one such entrepreneur) . Another is the monoply of Cal's barber shops. etc. There will be many more to come. Learn to accept it. It is the free market at work.

[graciegirl]

Originally Posted by VILLAGER 2011

re: Rentals. It is what it is...

Folowing the death of Gary Morse it is now a new day in the villages. The kids have every right to run the show as they see fit and profit is not a dirty word.

The vision of the growth of the villages tempered with an altruistic attitude made the villages of today. The Villages of tomorrow will be one of uncontrolled expansion with many small kingdoms created by business entrepreneurs e.g., (the four country clubs and scooples owned by one such entrepreneur) . Another is the monoply of Cal's barber shops. etc. There will be many more to come. Learn to accept it. It is the free market at work.

Huh???????

The people who have had success here are the one's interested in expanding. Cals and the four restaurants who rent the country club buildings are an example of that. They waited a long time before anyone was willing to rent the Orange Blossom Garden restaurant space.


Perhaps I missed your point. Why would you think Jennifer, Mark and Tracy would do anything different than their father? They aren't stupid.

[asianthree]

Originally Posted by VILLAGER 2011

re: Rentals. It is what it is...

Folowing the death of Gary Morse it is now a new day in the villages. The kids have every right to run the show as they see fit and profit is not a dirty word.

The vision of the growth of the villages tempered with an altruistic attitude made the villages of today. The Villages of tomorrow will be one of uncontrolled expansion with many small kingdoms created by business entrepreneurs e.g., (the four country clubs and scooples owned by one such entrepreneur) . Another is the monoply of Cal's barber shops. etc. There will be many more to come. Learn to accept it. It is the free market at work.

Since we are running out of room I don't see anyway to become uncontrolled

[Licismom]

Wouldn't it be helpful to have laws that hold the homeowners responsible for problems caused by their renters? I know several areas in Florida and elsewhere have laws like that. Responsible owners are going to insure that their tenants clearly understand the rules. However, there are bad apples that just want the money. Since all they understand is money, stiff penalties would hit them where they live. Also, I'm seeing some stories on the various media that report on TV that list the residence as the TV but the age is well below the 55 and older I understood was the minimum age for here. Why is that?

[Mikeod]

Originally Posted by Licismom

Wouldn't it be helpful to have laws that hold the homeowners responsible for problems caused by their renters? I know several areas in Florida and elsewhere have laws like that. Responsible owners are going to insure that their tenants clearly understand the rules. However, there are bad apples that just want the money. Since all they understand is money, stiff penalties would hit them where they live. Also, I'm seeing some stories on the various media that report on TV that list the residence as the TV but the age is well below the 55 and older I understood was the minimum age for here. Why is that?

80% have to be 55 or older. The other 20% can be younger. Also, adult children (over 19) can reside with parent(s) and would be considered residents of TV.

[njbchbum]

Originally Posted by Licismom

Wouldn't it be helpful to have laws that hold the homeowners responsible for problems caused by their renters? I know several areas in Florida and elsewhere have laws like that. Responsible owners are going to insure that their tenants clearly understand the rules. snipped

Would you be willing to identify the 'areas in Florida and elsewhere' as well as the laws they have that hold homeowners liable for the actions of renters? I'd like to look into that. Would also like to know how those 'responsible owners' make sure their tenants adhere to the rules they 'clearly understand'. Thanks

[Greg Nelson]

Kinda like that here in River Wilderness. First visitor we had was the compliance officer. No vehicles can be left in the driveway. Overnight guests need all sorts of stuff. Owner has to initiate etc. Very restrictive and gated with 24/7 guards..They will soon vote on a 2 month minimum rental period. Some homes in here are up in the millions. Our rental has a nice pool. About 900 homes here. But selling has dropped off due to a LOT of reasonable new homes being built close by...

[Akmoorfamily]

If it ain't broke, don't fix it. Many folk would not own houses if they could not rent them. Doesn't everyone have a revokable trust? (mild joke) but a lot do and everything we own is in the trust for legal reasons. LLC's are often just peoples small businesses and they but thru them for various reasons. Every snowbird helps carry your freight on amenities and taxes without being here and enjoying their property full time, same can be said for their renters. My mother had a place that had all those rules, couldn't rent out at all there etc. I was once thriving and now is dead. Folks who couldn't come full time and couldn't rent left. My mother died and i sold the property, January 2014, for half what she bought it for in 1996. I am just one vote but I think the Villages works pretty well under the current rules, maybe if someone wants to show me some examples of problems?..Otherwise I am suspicious of anyone who wants lots of controls when i can see no problem.

[sunnyatlast]

Originally Posted by Akmoorfamily

If it ain't broke, don't fix it. Many folk would not own houses if they could not rent them. Doesn't everyone have a revokable trust? (mild joke) but a lot do and everything we own is in the trust for legal reasons. LLC's are often just peoples small businesses and they but thru them for various reasons. Every snowbird helps carry your freight on amenities and taxes without being here and enjoying their property full time, same can be said for their renters. My mother had a place that had all those rules, couldn't rent out at all there etc. It was once thriving and now is dead. Folks who couldn't come full time and couldn't rent left. My mother died and i sold the property, January 2014, for half what she bought it for in 1996. I am just one vote but I think the Villages works pretty well under the current rules, maybe if someone wants to show me some examples of problems?..Otherwise I am suspicious of anyone who wants lots of controls when i can see no problem.

Very well stated. Be suspicious when a vocal complainer here wants the gates closed to newcomers, snowbirds, renters, guests, the wind blowing from the east, and anyone under the age of 90. That type is too dumb to realize they're wishing for slow death by lack of buyers not yet ready for the nursing home.