Talk of The Villages Florida - Rentals, Entertainment & More
Talk of The Villages Florida - Rentals, Entertainment & More
#1
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off season rental viability
we are snowbirds and uncertain if worth effort to rent when not here. restated, we use jan + feb+ march and would rent april thru dec.
would prefer monthly or nine month trntal but would consider weekly any idea what demand is like and off season weekly, monthly and longer multi/9 month rental house is typical 3 bed/2 bath any recommendations for property management firm is appreciated |
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#2
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#3
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That should work well. There are only about 30,000 empty homes in TV during those months. |
#4
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My wife and I rented in The Villages during high season for 20 years.
Some properties we stayed at for several years, the longest I think was six years. All the properties had one thing in common, a noticeable rate of deterioration. Not all tenants had been as solicitous with the properties as my wife and I. Who wants to spend the first weeks of your own break, putting damage right and decorating, and replacing the 'Disappeared' items. The worst properties were also the ones being managed by property management companies, whose reps, in all of our stays, we never met or saw during the entire winter rental. The main reason my wife and I never purchased, was we refused to rent to cover the period we were not there, so the annual overheads and ongoing maintenance, never made it a viable investment, as far as we were concerned. If you really do not need the income from a rental, IMHO I would never rent my property. There is also the upside, that with decent tenants, you should more than cover your annual overheads, and some. |
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