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margaretmattson 09-13-2023 09:10 AM

Quote:

Originally Posted by golfing eagles (Post 2256092)
Exactly! And neither does anyone else posting on this thread.

A lot of people have posted something to the effect that "the greedy developer will never do anything to curtail STRs because it will hurt sales". I have to disagree with that reasoning, because:

There are about 70,000 homes in TV and growing, how many are rented out and how many were bought as investment property for the sole purpose of renting them out? And of them, how many are STRs? The only number I saw thrown out here is about 800 listings for rentals in TV, which would be about 1%. So, let's be generous and call it 3-4%. Do we really think that savvy businesspeople like the Morse family will cater their business to 3-4% while disgruntling the vast majority? Do they want their core business of a 55+ "friendly" retirement community to become a flop house haven? I don't think so. Besides, they have absolutely no problem selling everything they build without selling to slumlords. And why would they spend a ton of money on the new schools if they want STRs? My suspicion is that either STRs are a problem that is evolving and the developer hasn't addressed yet, or they have already had their lawyers look at it and are not ready to get involved yet.

Cater to the 3-4 percent? Probably not. But, it is confusing why the Developer changed the deed restrictions in Fenney. At first, the deed restrictions prohibited rentals and now they are permitted.

Bill14564 09-13-2023 09:10 AM

Quote:

Originally Posted by Randall55 (Post 2256070)
A few have sold their homes and have left in my area because of rentals. All bought villas and found approx 25% of them were used for rental income. The owners were Villagers and asked them to keep an eye on their properties and would call and ask for favors. That did not go over well! Why would a homeowner want to keep an eye on rental homes? Why should they be responsible for the clean up? And why would a Village landlord expect them to do so? Some just packed up and moved North.

Asking the more permanent residents to let them know if the renters are causing problems for the neighbors seems like a responsible thing to do.

Asking for favors goes too far - there are management companies and handymen for things like that.

Asking neighbors to clean up? That sounds like grounds for the neighbor to file a complaint with Community Standards. Not on the grounds that the they were asked but on the grounds that the property was not being taken care of by the owner.

Cybersprings 09-13-2023 09:19 AM

Quote:

Originally Posted by golfing eagles (Post 2256092)
Exactly! And neither does anyone else posting on this thread.

A lot of people have posted something to the effect that "the greedy developer will never do anything to curtail STRs because it will hurt sales". I have to disagree with that reasoning, because:

There are about 70,000 homes in TV and growing, how many are rented out and how many were bought as investment property for the sole purpose of renting them out? And of them, how many are STRs? The only number I saw thrown out here is about 800 listings for rentals in TV, which would be about 1%. So, let's be generous and call it 3-4%. Do we really think that savvy businesspeople like the Morse family will cater their business to 3-4% while disgruntling the vast majority? Do they want their core business of a 55+ "friendly" retirement community to become a flop house haven? I don't think so. Besides, they have absolutely no problem selling everything they build without selling to slumlords. And why would they spend a ton of money on the new schools if they want STRs? My suspicion is that either STRs are a problem that is evolving and the developer hasn't addressed yet, or they have already had their lawyers look at it and are not ready to get involved yet.

So the data shows 1%. We multiply that by 3 or 4 "to be generous," yet the claim (not necessarily by you) is that the villages is becoming overrun with STR's to the point that our lifestyle is being completely ruined. No wonder I posted that I have never personally experienced the issues with STRs. By those percentages, not many have.

margaretmattson 09-13-2023 09:32 AM

Quote:

Originally Posted by Cybersprings (Post 2256219)
So the data shows 1%. We multiply that by 3 or 4 "to be generous," yet the claim (not necessarily by you) is that the villages is becoming overrun with STR's to the point that our lifestyle is being completely ruined. No wonder I posted that I have never personally experienced the issues with STRs. By those percentages, not many have.

It seems investors are interested in patio villas and CYV. These types of homes are usually cheaper than others. Lower bonds and less property taxes. I can speak from experience that they definitely have a high interest in villas near town squares. My neighborhood is becoming the Comfort Inn. I will have to move to escape it.

oldtimes 09-13-2023 09:36 AM

Quote:

Originally Posted by Cybersprings (Post 2256219)
So the data shows 1%. We multiply that by 3 or 4 "to be generous," yet the claim (not necessarily by you) is that the villages is becoming overrun with STR's to the point that our lifestyle is being completely ruined. No wonder I posted that I have never personally experienced the issues with STRs. By those percentages, not many have.

A google search for airbnb The Villages bring up over 1000, v r b o The Villages brings up 1179. That is only 2 sites, there are several more. More and more people are being affected but as long as it is not you it is fine.

This is from an article by Dave Ramsey:

"Maintaining an Airbnb is essentially like operating a small business, Ramsey says. Much like running a hotel, Airbnbs demand intense involvement: you’re responsible for keeping the place clean, making repairs and being available to renters for emergencies or questions.

On top of that, you’re generally dealing with new tenants every few days. And short-term tenants can be more careless with property than long-term renters.

"They'll destroy your property," Ramsey says. And while you’re stuck doing the clean up, you may have to contend with angry neighbors complaining about noise.

Finally, there’s a growing backlash in certain cities against short-term rental properties — especially in downtown cores or high-tourism areas. Some cities are starting to restrict the type of eligible dwellings, require costly licenses, impose additional taxes and only allow you to rent out your primary residence.

Even if your area doesn’t currently have restrictions on rentals, the laws could change — leaving you on the hook for a home you suddenly can’t rent out."

BrianL99 09-13-2023 09:37 AM

Quote:

Originally Posted by Randall55 (Post 2256193)
Not interested in reading Euclid v Amber Realty Co. Why? it has no relevance to this thread nor do your posts #116 and #118.


.

To intelligently discuss and understand land use and zoning, e.g., the regulation of STR's, you need to understand the "Bundle of Rights" theory and the U.S. Supreme Court Decision in Euclid vs Ambler Realty Co.

Pontificating on zoning & land use issues, without having some knowledge and understanding of those fundamentals, is like doing brain surgery, after watching YouTube videos. The results are likely to be less than optimal.

margaretmattson 09-13-2023 09:37 AM

Quote:

Originally Posted by Bill14564 (Post 2256212)
Asking the more permanent residents to let them know if the renters are causing problems for the neighbors seems like a responsible thing to do.

Asking for favors goes too far - there are management companies and handymen for things like that.

Asking neighbors to clean up? That sounds like grounds for the neighbor to file a complaint with Community Standards. Not on the grounds that the they were asked but on the grounds that the property was not being taken care of by the owner.

Asking a permanent homeowner to keep tabs on the rental properties in their neighborhood is not the right thing to do. That is the responsibility of the investor. He/she should drive past the home to see if everything is fine. At least, 3 times a day! I don't help the investors in my neighborhood. If something happens it is their responsibility not mine.

margaretmattson 09-13-2023 09:40 AM

Quote:

Originally Posted by BrianL99 (Post 2256228)
To intelligently discuss and understand land use and zoning, e.g., the regulation of STR's, you need to understand the "Bundle of Rights" theory and the U.S. Supreme Court Decision in Euclid vs Ambler Realty Co.

Pontificating on zoning & land use issues, without having some knowledge and understanding of those fundamentals, is like doing brain surgery, after watching YouTube videos. The results are likely to be less than optimal.

And reading your many posts that are irrelevant to this thread is like putting a metal stake in my eye and hoping it doesn't bleed.

Bill14564 09-13-2023 09:44 AM

Quote:

Originally Posted by margaretmattson (Post 2256229)
Asking a permanent homeowner to keep tabs on the rental properties in their neighborhood is not the right thing to do. That is the responsibility of the investor. He/she should drive past the home to see if everything is fine. At least, 3 times a day! I don't help the investors in my neighborhood. If something happens it is their responsibility not mine.

Please try to understand the words that I used.

Asking the neighbors to let you know if you are doing something that bothers them is neighborly and responsible.

Asking the neighbors to keep tabs on the rental properties is a bridge too far - there are management companies for that.

Driving by the property at least three times each day is ridiculous and could be considered stalking by some.

BrianL99 09-13-2023 09:48 AM

Quote:

Originally Posted by Cybersprings (Post 2256219)
So the data shows 1%. We multiply that by 3 or 4 "to be generous," yet the claim (not necessarily by you) is that the villages is becoming overrun with STR's to the point that our lifestyle is being completely ruined. No wonder I posted that I have never personally experienced the issues with STRs. By those percentages, not many have.


So 3% or 4% of the homes in TV, might be used as an STR ?

Let's say 70% are run by slumlords who don't care about their neighbors.

So now we have 2-3 out of every 100 homes are arguably, a lousy neighbor?

Once again, The Villages turn out to be America's Friendliest Hometown. 97% of your neighbors are going to be great folks! I like the odds.

BrianL99 09-13-2023 09:59 AM

Quote:

Originally Posted by margaretmattson (Post 2256230)
And reading your many posts that are irrelevant to this thread is like putting a metal stake in my eye and hoping it doesn't bleed.

I'd hate to see anyone go blind, from reading my nonsense.

Perhaps a more logical solution would be to simply block my posts?

That's probably a better solution, as you'd be able to maintain your eyesight and avoid those pesky warnings and suspensions from TOTV..

golfing eagles 09-13-2023 10:04 AM

Quote:

Originally Posted by oldtimes (Post 2256227)
A google search for airbnb The Villages bring up over 1000, v r b o The Villages brings up 1179. That is only 2 sites, there are several more. More and more people are being affected but as long as it is not you it is fine.

This is from an article by Dave Ramsey:

"Maintaining an Airbnb is essentially like operating a small business, Ramsey says. Much like running a hotel, Airbnbs demand intense involvement: you’re responsible for keeping the place clean, making repairs and being available to renters for emergencies or questions.

On top of that, you’re generally dealing with new tenants every few days. And short-term tenants can be more careless with property than long-term renters.

"They'll destroy your property," Ramsey says. And while you’re stuck doing the clean up, you may have to contend with angry neighbors complaining about noise.

Finally, there’s a growing backlash in certain cities against short-term rental properties — especially in downtown cores or high-tourism areas. Some cities are starting to restrict the type of eligible dwellings, require costly licenses, impose additional taxes and only allow you to rent out your primary residence.

Even if your area doesn’t currently have restrictions on rentals, the laws could change — leaving you on the hook for a home you suddenly can’t rent out."

One can only hope......

Cybersprings 09-13-2023 10:11 AM

Quote:

Originally Posted by oldtimes (Post 2256227)
A google search for airbnb The Villages bring up over 1000, v r b o The Villages brings up 1179. That is only 2 sites, there are several more. More and more people are being affected but as long as it is not you it is fine.

This is from an article by Dave Ramsey:

"Maintaining an Airbnb is essentially like operating a small business, Ramsey says. Much like running a hotel, Airbnbs demand intense involvement: you’re responsible for keeping the place clean, making repairs and being available to renters for emergencies or questions.

On top of that, you’re generally dealing with new tenants every few days. And short-term tenants can be more careless with property than long-term renters.

"They'll destroy your property," Ramsey says. And while you’re stuck doing the clean up, you may have to contend with angry neighbors complaining about noise.

Finally, there’s a growing backlash in certain cities against short-term rental properties — especially in downtown cores or high-tourism areas. Some cities are starting to restrict the type of eligible dwellings, require costly licenses, impose additional taxes and only allow you to rent out your primary residence.

Even if your area doesn’t currently have restrictions on rentals, the laws could change — leaving you on the hook for a home you suddenly can’t rent out."

1. I never said that as long as I am not affected it is fine. In fact, in a previous post in this thread, I stated that I do not want to minimize the negative impact of those who have experienced it. If you read my post with the intent to comprehend, it is very clear that I was commenting on the actual pervasiveness of the problem vs what is claimed by many posts, not the seriousness of the problem for those who do experience it.

oldtimes 09-13-2023 10:16 AM

Quote:

Originally Posted by BrianL99 (Post 2256232)
So 3% or 4% of the homes in TV, might be used as an STR ?

Let's say 70% are run by slumlords who don't care about their neighbors.

So now we have 2-3 out of every 100 homes are arguably, a lousy neighbor?

Once again, The Villages turn out to be America's Friendliest Hometown. 97% of your neighbors are going to be great folks! I like the odds.

So you are assuming that only one person will be affected by one of these undesirable properties in a neighbor hood when in actuality the entire neighbor will be affected especially in the villa neighborhoods.

oldtimes 09-13-2023 10:19 AM

Quote:

Originally Posted by golfing eagles (Post 2256238)
One can only hope......

My thoughts exactly.


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