Talk of The Villages Florida - Rentals, Entertainment & More
Talk of The Villages Florida - Rentals, Entertainment & More
#1
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Thanks in advance for guidance. Some questions:
-- How do you screen tenants? Do you do credit checks? Do you have prospective guests complete a written application? Do you check references? -- What questions do you ask prospective guests? -- How much of the rent, in addition to deposit, do you collect in advance of the guests' stay? -- How do you inform guests about TV/ HOA restrictions? -- Do you use standard application and/or lease agreement forms? Any particular ones you would recommend (or share) --What other documents or forms do you use? -- If you've ever had to turn down an applicant, what explanation(s) do you provide? -- Obviously, I would prefer guests who earn 100 percent of their deposit back. Is this the experience you have with most of your guests? -- Ever had problems with a guest? Public or private responses welcomed. Thanks much. |
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#2
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Well, as I said before, my place is 13 miles south of you.....not in The Villages. I think my experiences are still relevant, but if you do not think so, I understand.
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Basically, I've found folks who stay for months and are 55+ and could afford it are very low risk. Some love it so much they end up buying close by and become neighbors...... Frank
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The Plantation in Leesburg, just south of you good people. Love being a Floridian! |
#3
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I pretty much agree with Frank. I ask $500 deposit, should probably raise it to $750 for month or more stays, and require the rent 45 days in advance in full.
I have rented it 3 or 4 times to 2 couples - have noticed (my cleaning guy reports every time) that in just about all of these cases needed heavier cleaning. I think multiple tenants tend to treat it more like a hotel. Now I rarely rent it to anyone other than a couple, although I probably still would for off season. When it's just one couple and especially if it's for a month or more, they probably keep it cleaner than I would! Lately I'm getting repeat tenants, which is nice. Only problem I ever had, and I'm about 99% sure it was a scam, is when someone said they needed my checking acct # and routing #, that it would be easier to do a direct deposit from overseas. I told them just to send a postal money order, and surprise, they backed out. I usually have my caretaker meet them with the keys. In over 3 years only very minor breakage, and like Frank, sometimes they add things! |
#4
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I agree with Ohiogirl.
When I turn away so many for peak season, I can afford to be very picky. For instance, I like dogs.......but I would never rent to anyone with pets. Why? Because what if the next guest is allergic to pets. I rent to couples usually. I only had one couple who left the place a tad unclean. Everything looked nice, but it looked like they dusted or wiped things down with a less then clean cloth.....leaving streaks on countertops, etc. no big deal, but I have them pay a exit cleaning fee up front that my cleaning person gets. It is explained that the cleaning fee is for a normal cleaning, and that if my very honest cleaning person says she had to go way above and beyond, additional funds will be kept from the security deposit. I have never had to do that. Our 55+ community only allows rents for one month or longer, so we have WAY less problems then places that rent to anyone short term. I am picky, because I want my neighbors to be happy with whoever rents from me. They are so precious and good to me. If anyone WAS a problem, I'd hear about it very quickly. They would do anything for me, and I in turn do anything for them when I am down there. In 624 days I'll be there for good. In 5 days I'll be down there for our next stay, to trim trees, clean siding and a bunch of other projects I love to do. Frank
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The Plantation in Leesburg, just south of you good people. Love being a Floridian! |
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