Talk of The Villages Florida

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-   The Villages, Florida, General Discussion (https://www.talkofthevillages.com/forums/villages-florida-general-discussion-73/)
-   -   Are rental #'s really this crazy? (https://www.talkofthevillages.com/forums/villages-florida-general-discussion-73/rental-s-really-crazy-351566/)

margaretmattson 07-24-2024 02:00 PM

Quote:

Originally Posted by Wondering (Post 2352077)
That is crazy! Somewhere in the $4000 range is reasonable and the going rate.

I moved from a villa near a square because of several rentals on the street. At $7,000 a month, there probably will be four to six people in the home dividing the cost of the rent. This happened many times in my former neighborhood.

thelegges 07-24-2024 04:25 PM

Quote:

Originally Posted by LeRoySmith (Post 2352562)
It seems silly but maybe I'll try this next winter, put the house up for rent for 10k a month.

2000sq' designer, 3br, 3bt, 3 car garage, large heated and cooled pool, all utilities included, golf cart use included, small sports car use included. Located in the middle of nowhere.

If someone bites I go on an all expenses vacation for a month.

Make sure you set an electric limit especially because of the pool. It’s standard practice during winter months to set a limit on how much $$ per month. That way if your tenet cranks up the temp, it’s on their nickel.

LeRoySmith 07-24-2024 04:32 PM

Quote:

Originally Posted by thelegges (Post 2352608)
Make sure you set an electric limit especially because of the pool. It’s standard practice during winter months to set a limit on how much $$ per month. That way if your tenet cranks up the temp, it’s on their nickel.


Good thought, thank you!

Robbb 07-25-2024 06:15 AM

Quote:

Originally Posted by BrianL99 (Post 2351717)
I don't pay any attention to the rental market in The Villages, but this popped up on Facebook today and out of curiosity, I looked.

Rent From A Villager | Rental Homes in The Villages Florida | Advertise Your Village Rental


1500 sq. ft. 3 bedroom/2 baths. I guess it comes with a golf cart. Near the Shallow Creek Golf course and apparently 15 minutes from Sawgrass ... like Sawgrass is a huge draw.

$7000/month for January or February?

Are people really paying that kind of money for rentals in the middle of nowhere?

I rent in the villages often so I think I have a handle on the market...yes $7,000 is overpriced. I see a lot of owners post crazy prices in hopes a niave renter will panic and rent out of fear of missing out on the chance to rent for a winter. The reality is there are hundreds if not thousands of villages homes to rent, keep shoping and you will find what you want. The market is about $4,500 for a patio villa, and maybe up to $6,000 for a very nice 3/2 with a golf cart. Anything over that and you are getting screwed.

ElDiabloJoe 07-25-2024 08:34 AM

Quote:

Originally Posted by thelegges (Post 2352608)
Make sure you set an electric limit especially because of the pool. It’s standard practice during winter months to set a limit on how much $$ per month. That way if your tenet cranks up the temp, it’s on their nickel.

Wait! That's possible? How does that even work. How are tenants notified their quarter is up and need to put in a new one?

BrianL99 07-25-2024 09:02 AM

Quote:

Originally Posted by ElDiabloJoe (Post 2352773)
Wait! That's possible? How does that even work. How are tenants notified their quarter is up and need to put in a new one?

It's like the old fashioned, do it yourself car washes.

When you have 30 seconds of heat left, it goes ding ... ding ... ding ... until you put in another quarter.

Probably takes credit cards, so they don't need to install a "change machine".

Velvet 07-25-2024 11:36 AM

Can you not simply write into the contract, something to the effect the hydro bill is covered up to $100.00 a month or whatever is reasonable, any charges above that is renter’s expense and will be deducted from the deposit?

FloridaGuy66 07-26-2024 12:04 AM

Quote:

Originally Posted by margaretmattson (Post 2352582)
I moved from a villa near a square because of several rentals on the street. At $7,000 a month, there probably will be four to six people in the home dividing the cost of the rent. This happened many times in my former neighborhood.

This is not commonplace at all. We charge $6500 to a couple and allow up to two guests to visit for a limited amount of days. Never six people. We have outdoor cameras so we would easily be able to verify if there were six people staying for months.

It's funny when the same person posts about things almost none of which I've never seen happen personally even after several years in TV.

Two Bills 07-26-2024 03:10 AM

Quote:

Originally Posted by FloridaGuy66 (Post 2353030)
This is not commonplace at all. We charge $6500 to a couple and allow up to two guests to visit for a limited amount of days. Never six people. We have outdoor cameras so we would easily be able to verify if there were six people staying for months.

It's funny when the same person posts about things almost none of which I've never seen happen personally even after several years in TV.

All our rental contracts were based on two people occupying property.
We always had to get permission for our kids/grands. to visit.
Some landlords charged an amount extra for their stay, others didn't.

Papa_lecki 07-26-2024 06:02 AM

Quote:

Originally Posted by Robbb (Post 2352699)
I rent in the villages often so I think I have a handle on the market...yes $7,000 is overpriced.

It’s not overpriced if someone rents at that number.

margaretmattson 07-26-2024 06:26 AM

Quote:

Originally Posted by FloridaGuy66 (Post 2353030)
This is not commonplace at all. We charge $6500 to a couple and allow up to two guests to visit for a limited amount of days. Never six people. We have outdoor cameras so we would easily be able to verify if there were six people staying for months.

It's funny when the same person posts about things almost none of which I've never seen happen personally even after several years in TV.

In the years you have lived in the Villages, you have never witnessed a retired couple with their grown children and spouses/partners sharing the same rental home for a month? Or young adults (with friends)visiting relatives preferring to rent a home rather than stay at grandma and grandpa's house?
Or a large group of family members in town for the Holiday or summer vacation? Again, preferring to rent than disrupting their relatives home? I can go on. Hmmm....interesting!

Bill14564 07-26-2024 06:33 AM

Quote:

Originally Posted by margaretmattson (Post 2353070)
In the years you have lived in the Villages, you have never witnessed a retired couple with their grown children and spouses/partners sharing the same home? Or young adults (with friends)visiting relatives preferring to rent a home rather than stay at grandma and grandpa's house?
Or a large group of family members in town for the Holiday or summer vacation? Hmmm....interesting!

Not in the four years I've been here. I don't doubt it happens somewhere in the 60,000+ households in the area but it can't be too common.

asianthree 07-26-2024 08:49 AM

Quote:

Originally Posted by ElDiabloJoe (Post 2352773)
Wait! That's possible? How does that even work. How are tenants notified their quarter is up and need to put in a new one?

Friends rented 4/4.5 home With a pool for three months in their contract, they had to have a dollar amount over and above rent for the electric. Electric bills are monthly.

The owner can actually watch anything changed in the pool temperature runtime. Kept the tenants updated monthly on electricity costs, send copy of bill every month
First month friends asked what would it cost if they kept the pool at 89° in January their landlord was honest said electric could run close to 6 to $800.

They chose to keep pool as it was set by owner. . They enjoyed the pool during sunny days, but very few nights in first month. The electric bill for the pool was within their allotment and their deposit money was refunded day that March bill was calculated.

Toymeister 07-26-2024 03:53 PM

Quote:

Originally Posted by ElDiabloJoe (Post 2352773)
Wait! That's possible? How does that even work. How are tenants notified their quarter is up and need to put in a new one?

There is this thing called a whole house energy monitor. It will tell you precisely how much electricity is used. If you have an electric water heater you can even tell if there are extra guests there. Sense.com

asianthree 07-27-2024 03:30 AM

Quote:

Originally Posted by margaretmattson (Post 2352582)
I moved from a villa near a square because of several rentals on the street. At $7,000 a month, there probably will be four to six people in the home dividing the cost of the rent. This happened many times in my former neighborhood.

In today’s world most landlords have outside monitors know who enters home. Contracts are usually written for 1-2 people and guests may be allowed for amount of days or an additional charge. If our kids vaca together, thats not a rental it’s family.

Your post however states at $7,000 there will be Probably be 4-6 people in the home.
Then you post happened many times in your former neighborhood.
So which did you actually witness, the probably or actual many times?


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