Have you considered investing in The Villages and surrounding areas? If not maybe you should, the demand for Short Term and Long Term rentals is in high demand. Want to see for yourself, check out these websites and look for January, February, March and April:
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The Villages continues to grow and the need for seasonal housing and along with homes for professionals and those wanting to explore the area for a year also is growing. With The Villages being 33,000 acres spanning two counties and a golf cart ride end to end being more than an hour, people considering moving here need time to experience the area before settling on where they want to live in The Villages.
Dick Betts belongs to a Facebook group dedicated to Landlords of The Villages and he checks it regularly, almost daily a landlord is posting rental opportunities they can’t fill. He has picked up two long term renters for his buyers before they even closed the sale. We now see people looking for multi-year leases and more off season rentals than ever before.
Rental Rates in The Villages Seasonal
One of the leading property management providers in The Villages breaks down the calendar year into three rentals rates based on seasonal demand and type of property. Rates displayed are monthly and during peak periods can require minium number of months rented.
May-Sept 2021
Oct-Dec & April 2021
Jan-Mar 2022
Villas
$1,500 to $1,900
Designer Homes
$1,800 to $2,100
Premium Homes
$2,000 to $2,700
Villas
$2,100 to $2,800
Designer Homes
$2,700 to $3,100
Premium Homes
$2,700 to $3,300
Villas
$3,600 to $4,200
Designer Homes
$4,200 to $5,300
Premium Homes
$4,400 to $5,300
Note: The above prices do not include a golf cart which most renters want to have available during their rental. In checking with local golf cart rental companies the cost to rent a cart during peak season is $400 a month with a four month commitment. Many investors are purchasing slightly used golf carts and including them in the rental. Having a golf cart included the above rates can be higher and much more appealing during the off season.
Rental Rates in The Villages Long Term
For many investors, Long Term Rentals is a more attractive option for their investment properties. Rentals can be furnished or unfurnished, utilities and amenities can be included in rental fee or paid by renters, golf carts can be included or not. To explore the best option for you Dick Betts has all the numbers to help you build out a pro forma based on the price of the property you are considering buying. Some investors only want Long Term Rentals other want to enjoy the home themselves and take advantage of open times during the year. Monthly rental rates average between $1,500 a month to over $3,500 a month depending on many factors.
Special Attention Given to Investors!
The Betts Team works hard for all Buyers, Sellers and Investors but Dick takes a special interest in working with Investors. Before his national speaking career where he taught business management along with other skills to REALTORS® Dick was both a business owner and managed companies for investors. He understands and can help build a Pro Forma, discuss Return On Investment (ROI) and works with a lender who understands and enjoys working with investors.
First time investor in The Villages? Dick knows the ropes, what reports from the home inspector lowers your homeowner’s insurance, which insurance companies are investor friendly, handyman, painters, landscapers, where to buy want you need to prepare the home for renters. Ready to find renters? He knows the best places to find them. Did you know an investor can have 10, yes 10 mortgages? We have lenders that help investors in The Villages every day! Want to get started? It’s easy, call, text, email, contact Dick through the online form below and in comments let him know you want to discuss investing in The Villages.
Would you like to have the most up to date local listing information on your smartphone? The Betts Team is now offering the same information we use which is update by the minute rather than other sites that might be days old! We also promise not to sign you up for emails, call you unless you reach out to us first! So please don't worry about using your email address and other information the app asks to have it work with you.
