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Old 10-21-2018, 03:40 PM
Fraugoofy Fraugoofy is offline
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Join Date: Sep 2012
Posts: 1,490

Originally Posted by roxelle44 View Post
I am closing on a house and hope to get information from this forum rather than my agents. Here we go...I will be renting the place most of the year so should I get a golf cart and is there insurance that would cover my guests? Or would I really need a car? Are there private property managers other than what the Villages offers? What would you recommend for Utility companies,,,elec, gas, internet? Lawn service (small lawn), trash pick-up? I handn't thought about any of these decisions until now and I have to set them up in a week or so. Thanks!
I help teach people how to manage their own properties so you can keep your own hard earned money. If you are somewhat computer literate and can text, I can help you.
Text me at Rae 920-265-8425

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Old 10-21-2018, 05:06 PM
thelegges thelegges is offline
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Join Date: May 2010
Location: Drayton Plains, MI, Vietnam, Waterford, MI, Pennacamp, Fernandina /One Retired in Duval
Posts: 745

Originally Posted by Bogie Shooter View Post
Isn’t the OP buying a house and then renting it out? Huh?
Yes but if you are working and only can spend maybe 2 or 3 weeks a year, you are financially ahead by renting your home unfurnished full time, then your drive by visit can be done elsewhere. Plus you save the 10,000 plus on furnishings.
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Old 10-21-2018, 05:13 PM
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champion6 champion6 is offline
Join Date: Jan 2009
Location: Tamarind Grove
Posts: 3,654

OP, in what village is your house? Some answers depend on your location.
Old 10-21-2018, 05:44 PM
Kahuna32162 Kahuna32162 is online now
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Join Date: Jul 2013
Posts: 870

Best advise is, never pre pay a service contract and stay far away from Service Smart.
Mark & Linnae
Birmingham, The U.P., Saginaw, Bay City, Toledo, Columbus, Dayton
& The Village of Chatham

"I wish I didn't know now, what I didn't know then"
-Bob Seger-
Old 10-22-2018, 08:48 PM
roxelle44 roxelle44 is offline
Join Date: Oct 2014
Location: Lake Chapala, Mexico
Posts: 36


Don't cry because it's over, smile because it happened.
Old 10-23-2018, 08:24 AM
valuemkt valuemkt is offline
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Join Date: Oct 2007
Location: Currently Atlanta GA - Formerly Endicott and Syracuse NY
Posts: 191

You have, or will shortly be, making an investment of several hundred thousand dollars. Your questions don;t revolve around whether its a wise investment for you, so let's set that aside. Now you have a piece of property that you will only use for a small portion of time every year. And I'll assume the rest of the time you will be living no where near the Villages. First thing I would do is protect it.. Insurance .. have you considered extended sinkhole and flood insurance ? You'll see a myriad of opinions. Next.. a "caretaker" for your home while it is vacant. In the Villages, most people (myself included) hire a HomeWatch service. Generally a Village resident that has set up their own business. When vacant, they visit your home every week, run the faucets, dishwasher, flush the toilets and make sure there are no burst pipes etc .. In my case, they also greet my tenants and act as a Village point of contact in case anything goes wrong while they are there. They also do the checkout review and clean the place to ready for the next tenant. The golf cart also gets a lot of differing opinions. My vote is NOT to provide one to renters. Next you need to get smart on what landscaping and pest control means here. You could drive yourself crazy by hiring different people for grass cutting, weed pulling, fertilizing, pest control, termites, shrub maintenance etc.. This blog will also give you the variety of opinions on that.. There are some very big companies.. some enterprising young locals that have their own business, and of course some shysters. Whatever you do, dont prepay for anything. I chose a smaller family owned business to do all of the above, and I pay a fixed rate monthly. Opinions on internet and TV service vary .. Do your own research. Finally, picking tenants.. If you would not give the keys to your car to anyone, why would you give the keys to your $ X00,000 house to anyone, I advertise on VH4R and a few other sites.. and screen people of interest myself. I would never let a property management company do it. Buying a second home is challenging.. Renting it adds another layer of complexity. Even if you;re already committed, don;t rush into the rental until you;ve really thought things through. Hope this helped a bit
Old 10-23-2018, 06:53 PM
roxelle44 roxelle44 is offline
Join Date: Oct 2014
Location: Lake Chapala, Mexico
Posts: 36

Yes, very helpful...

Don't cry because it's over, smile because it happened.
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lawn, companies, elec, utility, villages, property

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