Talk of The Villages Florida - Rentals, Entertainment & More
Talk of The Villages Florida - Rentals, Entertainment & More
#1
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The Lofts at Brownwood
Here is a link where you can view the floor plans for The Lofts apartments.
The Lofts at Brownwood | The Villages |
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#2
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Got the email last night. Waiting for response of cost on yearly lease. The 3 bedrooms are a surprise. Wonder how many will be allowed to have resident passes.
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#3
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Same as a three bedroom house, maybe.
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#4
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When four people purchase a home you are given 4 resident passes, if 6 purchase last two have guest passes. Thinking it will be the same for apartments
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#5
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This week they started putting the yellow lap siding on some of the buildings. They're starting to look more like real buildings.
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#6
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Latest on The LOfts
First units available approximately June 1st.
>>> One yr lease. >>> One bedroom starts at $1650 >>> 2 bedroom starts at $2145 >>> 3 bedroom starts at 3195 >>> Plus utilities and $162 amenities fee. >>> Renewable after one year at prevailing rate. |
#7
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Petoskey 1
Approx. Square Footage 783 Bedrooms 1 Bathrooms 1 Laundry In-Suite Washer & Dryer Patio / Balcony Yes Furnished Optional Leland 1 Approx. Square Footage 1017 Bedrooms 2 Bathrooms 2 Laundry In-Suite Washer & Dryer Patio / Balcony Yes Furnished Optional Last edited by John_W; 02-06-2020 at 11:34 PM. |
#8
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Wow! It looks like moving from a paid for CYV to a 2 Bedroom apartment would triple your monthy living costs.
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#9
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Quote:
In other words what would the dollars from a "paid for CYV" he doing it you did not have said CYV? It would be earning returns. |
#10
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Yes, but only if you can earn a return that is higher than the real estate appreciation, which has been pretty good lately in The Villages.
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#11
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Those CYV dollars wouldn’t be earning that kind of money per month even with costs of owning the CYV amortized in with the figures. If those returns were from stocks, one would also have their cash on the table and could lose it all or most of it anytime. Just mulling over the total picture here.
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#12
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I must be missing something here. The prices shown say “plus utilities and $162 amenity fee”. So if the utilities are the same as at this hypothetical 2bdrm courtyard villa, wouldn’t the only other thing you pay for on the courtyard villa is taxes (which are written off) and yard maintenance?
I would hope the cost of rent would be more than the cost of yard maintenance. For real comparisons you’d need to throw a mortgage in there. |
#13
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Quote:
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#14
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Compared cost of our home, with everything but mortgage, our monthly expense of our 3 bed house is less, than what the lofts would be
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Do not worry about things you can not change Last edited by asianthree; 02-08-2020 at 03:25 PM. |
#15
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another factor to consider regarding cost analysis. If you haven't bought yet, and are considering the "rent vs. buy" comparison, if your money is tied up in IRA type accounts, whereby, in order to come up with down payments, furniture etc you have to increase your withdrawals from such accounts, one must consider the tax hit one takes. They are pretty substantial when you are talking 200K, or more, for a purchase. And one incurs a significant degree of loss of liquidity with ownership.
From the developer's standpoint, the question is not whether it's the right move for you, but whether there is a suitable market "out there" for the number of units being built. I don't think these units will languish unoccupied. The developers know their stuff, and they will do well here. |
Closed Thread |
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