Talk of The Villages Florida - Rentals, Entertainment & More
Talk of The Villages Florida - Rentals, Entertainment & More
#1
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Renting in construction area
This is my second post. I am considering buying a home in the Villages, but not moving into it until I retire in a few years. I like some of the new cottage homes, but I am afraid if I buy one in a neighborhood that has homes under construction that the construction may be a negative to some of my potential tenants. Any thoughts are appreciated.
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#2
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If I were renting it would be a negative for me. I would need about a 40-percent discount to rent in a construction zone.
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#3
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I would think it's certainly not a positive in a construction zone. But keep in mind, it's a temporary condition. If you rented this year at a discount because of the construction, next year you'd be in a finished, brand new neighborhood.
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#4
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Quote:
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#5
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Which village do you like? Which floor plan in the cottage homes? We are thinking the same things you are and trying to make a decision.
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#6
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from PALjeneral
I liked the Tuckett Inn the best. It seems like a good value. There are several completed and available now. I like the lanai on the side of the house for some privacy. If you haven't done the lifestyle preview, I recommend it. It will give you a good "feel " for the Villages. You can also look at homes until you are worn out.
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#7
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construction goes fast and likely in a year it's finished in your area. However, for one year, you'd have to discount. And there are a lot of rentals in TV, be realistic and competitive. Very few rent all year round to my understanding.
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Closed Thread |
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