What are your experiences with renting out your house or investment property?

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  #31  
Old 04-04-2022, 06:54 PM
thevillages2013 thevillages2013 is online now
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Don’t listen to the people who tell you that you need to furnish the house. Long term unfurnished is a slam dunk in TV. Just make sure you get an adequate security deposit and subscribe to a background check service
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Old 04-05-2022, 06:32 AM
charmed59 charmed59 is offline
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With a long term unfurnished rental I see the renter pays electricity, gas and internet/cable. Who pays the amenity fees that include water? Also, would the landlord pay for yard maintenance? What about pest control?
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Old 04-05-2022, 07:47 AM
Spalumbos62 Spalumbos62 is offline
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We had our share of bad renters from lying on the app about the number of people staying to another one using our home to grow Marijuana...you can imagine the damage that caused...and the cost.
All fixed and still rent, but very cautious about who it is...as best we can and we have mounted an outdoor camera.
We really enjoy being down there for the winter months, but we will never be full time..too hot. So I guess we stick with it a while -then sell.
  #34  
Old 04-05-2022, 02:48 PM
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asianthree asianthree is offline
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Quote:
Originally Posted by charmed59 View Post
With a long term unfurnished rental I see the renter pays electricity, gas and internet/cable. Who pays the amenity fees that include water? Also, would the landlord pay for yard maintenance? What about pest control?
Long term unfurnished, landlord pays amenity, water/sewer, lawn care, and pest control.

Renter pays, electric, gas if available, internet/cable, renters insurance, and fee for resident ID.

Since 2010, Our 3 long term unfurnished rentals, had no less than 20-40 applications, per year. Never had an issue with renter, money, and upkeep of home.
We rented on our own, from a thousand miles away. Had a great home watch person, to keep tabs on everything, and get a problem solved in 24 hours, if needed.
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Old 04-05-2022, 03:34 PM
Papa_lecki Papa_lecki is offline
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It depends what you want. If you want short term (weekly/monthly); then you should furnish it.
This allows you to use the property when you want.

If you want long term (year); then probably don’t furnish it.
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Old 04-06-2022, 05:53 PM
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Originally Posted by ComingfromCT View Post
We also thought that renting a place unfurnished seemed strange but supposedly there is more demand than supply in this renting arena (unfurnished house rentals) in the Villages. The rentals are 6 months to one year (long term).

My question was more to other Villagers who are renting their properties by themselves. What have your experiences been like. What are your thoughts/suggestions/wisdom from your experience?
We rented our cottage unfurnished long term for 10 years. Each year we spent a day emailing at least 20 people we had a new tenet. Long term unfurnished is hard to come by and easy to rent.

Those who have negative comments must have zero experience with long term unfurnished. No cash out lay for anything, renter in place for a year, and in our experience, some renewed, more than once.

Just sold the home, nothing had to be replaced including flooring. Best thing we ever did as a rental
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Old 04-06-2022, 06:26 PM
Laker14 Laker14 is offline
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Originally Posted by Bay Kid View Post
Just can't make myself rent my home to strangers with my personal belongings. I have 3 rentals, but they aren't my home.
yeah, I'm with you. I could rent to a friend, or a friend of a friend if vouched for.
We have a home on a lake in NY, and a place here in TV, both for our personal use.
I have considered the option of spending a month or two in a place like Tuscany, or Australia, and offsetting the cost by renting one of our places out, depending upon the season.
I would only do it via a friend or a friend of a friend, and would happily knock a significant amount off the rental to have someone I trust.
  #38  
Old 04-07-2022, 12:22 PM
dougjb dougjb is offline
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If you use a management company, avoid Down Home. They are not responsive to phone calls, emails or any other sort of communication. While they are quite good at taking their substantial cut of the rent, they fall short in doing repairs, properly vetting tenants or in adjusting things such as the sprinkler system. Their negligence caused me thousands of dollars.
  #39  
Old 04-20-2022, 09:42 AM
Mary Lujan Mary Lujan is offline
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Default My tenant is leaving April 24, furnished 2/2 Ruby for rent long term

Quote:
Originally Posted by pjvishton View Post
I am interested in renting for a year I am retiring in 3 weeks I think I will like the villages and am planning a first time visit soon My wife and I keep things meticulous 585 968 2210 we are in our low 70s
We advertize on this website in: Real Estate, Houses for Rent. Our item:

Availible May 1st. long-term-2-bd-2-bath-between-cr466-cr466a Perfect location: ST. James

Check us out!

PS, You will love The Villages!

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Old 04-20-2022, 05:12 PM
kkingston57 kkingston57 is offline
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Quote:
Originally Posted by charmed59 View Post
With a long term unfurnished rental I see the renter pays electricity, gas and internet/cable. Who pays the amenity fees that include water? Also, would the landlord pay for yard maintenance? What about pest control?
We had a long term rental(2018-2020) and we paid amenity fees, water, lawn service and pest control and were told that this was the usual.

If you are a landlord would not agree to electric since you have 0 control over the cost.
  #41  
Old 04-20-2022, 05:15 PM
kkingston57 kkingston57 is offline
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Quote:
Originally Posted by thelegges View Post
We rented our cottage unfurnished long term for 10 years. Each year we spent a day emailing at least 20 people we had a new tenet. Long term unfurnished is hard to come by and easy to rent.

Those who have negative comments must have zero experience with long term unfurnished. No cash out lay for anything, renter in place for a year, and in our experience, some renewed, more than once.

Just sold the home, nothing had to be replaced including flooring. Best thing we ever did as a rental
Forgot to say good tax implications. Realty business has great lobbyists.
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