[wereback]

We moved here from south Fl. most of the better developments have strict rental agreements not less than 90 days nor more than 3 rentals per year. It keeps the area very stable and facilities are not overrun by I don't care people. Short term rentals are my largest concern for our long term way of life Sorry for all the toes I'm stepping on weekly rentals only bring long term decay.

[dirtbanker]

Originally Posted by poster

Yesterday, on my way to Orange Blossom Garden for lunch, in the historic section, I saw a new shiny panel van that said something like "Rent in the Villages."

I would be more concerned if it said "Rent to Own in The Villages" or "Bad Credit - No Problem in the Villages"

[dirtbanker]

Originally Posted by anotherposter

Resales; who are we kidding, anybody can buy them and as many as they want. Age, Kids, location has nothing to do with it. It's about the money and what will stop them after they brought from living in the house! You got the sawbucks, you can have it.

Over heard this straight from the horses mouth. 30 something year old's with kids brought two houses (probably with daddy's money). Renting them out, stays with parents several times year has all the amenities us poor old retiree's have. SO the rules never do apply when profit can be made. That's the ugly truth in the so called 55 and over community.

A lot of this post makes me chuckle...
A person can only buy as many resales as they can afford!
Resales are subject to the same rules with regard to nobody under the age of 19 can reside on the premise.
Yes, the developer and the real estate companies are doing it for the money. They are working to earn money to support themselves and for retirement (most people do aspire to retire someday and realize they will need money) few get up early in the morning and go to work because they are bored.
If someone's dad bought them a house; what a nice thing to be able to do for your son or daughter (I guess some might think it would be better to help them after your gone or leave it to a complete stranger as opposed your children...) "Daddy" worked for his money and can do with it how he wants just as we all can do with ours.
I have not seen many poor retires here in the Villages, there are a lot cheaper places to retire and there are a lot cheaper places to rent.
By the way; things have changed with regard to what a 30 year old can accomplish financially today, verses lets say a 30 year old in 1970's...

[kcrazorbackfan]

Originally Posted by Walter123

There will always be people that don't stay long enough to learn the rules. Heck, a lot of year round residents don't know the rules or don't care. We don't have any control as far as this issue goes. It is what it is.......part of living here. I've accepted it because this is where I want to live.

.....i.e. navigating roundabouts, running stop signs, sanding fairway/tee box divots, repairing ball marks, picking up dog poop, etc. etc.

[graciegirl]

Originally Posted by dirtbanker

A lot of this post makes me chuckle...
A person can only buy as many resales as they can afford!
Resales are subject to the same rules with regard to nobody under the age of 19 can reside on the premise.
Yes, the developer and the real estate companies are doing it for the money. They are working to earn money to support themselves and for retirement (most people do aspire to retire someday and realize they will need money) few get up early in the morning and go to work because they are bored.
If someone's dad bought them a house; what a nice thing to be able to do for your son or daughter (I guess some might think it would be better to help them after your gone or leave it to a complete stranger as opposed your children...) "Daddy" worked for his money and can do with it how he wants just as we all can do with ours.
I have not seen many poor retires here in the Villages, there are a lot cheaper places to retire and there are a lot cheaper places to rent.
By the way; things have changed with regard to what a 30 year old can accomplish financially today, verses lets say a 30 year old in 1970's...

Excellent thoughts.

[drdodge]

I have a 2 bedroom courtyard villa and it is for sale and I would sell it to the first person or anybody who has the money to buy it and is willing,

[wayne keiser]

Why would I ,as a full time resident owner who also owns a rental, not want to keep both of my properties well maintained. Future values are determined to a great degree,based on current market conditions as well as the condition of the home and the property on which is sets. I feel it is a far reach to think that we will be faced with slum lords in a community like TV. I believe our time could be better spent than worring about this matter as a either a current or future problem.

[Greg Nelson]

For one, we are very good renters...my wife does cabin rentals in Minnesota during the summer (cabinconnect.) She is a broker and a former teacher. Every place we rent gets the utmost of care...TV included.

[asianthree]

Originally Posted by Topspinmo

Resales; who are we kidding, anybody can buy them and as many as they want. Age, Kids, location has nothing to do with it. It's about the money and what will stop them after they brought from living in the house! You got the sawbucks, you can have it.

Over heard this straight from the horses mouth. 30 something year old's with kids brought two houses (probably with daddy's money). Renting them out, stays with parents several times year has all the amenities us poor old retiree's have. SO the rules never do apply when profit can be made. That's the ugly truth in the so called 55 and over community.

I am proud of the fact that all of my 30 something children can afford to buy a home in the villages. With their own money not mine. And no they are not bringing children with them. They only have furry children.

[sdeikenberry]

Renting is likely the way MOST of us got involved in TV to begin with. I'm pretty sure there are covenants attached to each lot that prohibit renting for a certain length of time (1 year), which discourages large scale rental companies for buying in here. I find it oddly funny full timer's complain about the the renters, but were probably renters themselves in the beginning, and that since NOBODY is actually FROM T.V., what gives any of us the right to wish someone else wasn't here?

[Greg Nelson]

Originally Posted by sdeikenberry

Renting is likely the way MOST of us got involved in TV to begin with. I'm pretty sure there are covenants attached to each lot that prohibit renting for a certain length of time (1 year), which discourages large scale rental companies for buying in here. I find it oddly funny full timer's complain about the the renters, but were probably renters themselves in the beginning, and that since NOBODY is actually FROM T.V., what gives any of us the right to wish someone else wasn't here?

Ditto..well said! It seems common that all 5 locations we've rented in Florida this winter have had an 'attitude' about renters. We always leave any location better than when we arrived.

[bagboy]

Originally Posted by wereback

We moved here from south Fl. most of the better developments have strict rental agreements not less than 90 days nor more than 3 rentals per year. It keeps the area very stable and facilities are not overrun by I don't care people. Short term rentals are my largest concern for our long term way of life Sorry for all the toes I'm stepping on weekly rentals only bring long term decay.

Every guest of The Villages in the Lifestyle Preview program is a short term renter. I would think that includes most of us. Seems like it has worked out just fine.

[karostay]

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.

Before buying did you rent or do the Villages lifestyle preview ?
see no differance

[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.

[justjim]

We have a small beach condo in Cocoa Beach. Our complex has a minimum 3 month rental Convenant and this works well for the HOA and also snowbirds. Most of the Condo's up and down the coast have similar restrications. This really makes sense to me. There is a waiting list for rentals.