Rental/Lease Agreement

We're closing on a home soon, and plan to rent it when we're not there. We're still working on getting things ready, but the rental contract is bugging me the most.

Would anyone be willing to PM me the rental contract they use?

Thanks! Seriously, thank you, immensely.

headinghome
View Public Profile
Send a private message to headinghome
Find all posts by headinghome
11-24-2019, 03:47 PM Join Date: Aug 2016 Location: village of Fenney, Ford City, Pa., and Hudson, Ohio Posts: 4,356 Thanked 4,619 Times in 1,542 Posts

If you're not going to be here when you rent it out, there is a lot to be said about using one of the management companies. You'll be getting calls about things not working, or the cables out, etc., who will be checking on your home when they leave for damage or dirt, etc. Being here to handle any situation that were to come up is one thing but being out of town is another.

vintageogauge
View Public Profile
Send a private message to vintageogauge
Find all posts by vintageogauge
11-24-2019, 05:45 PM Join Date: May 2011 Location: Mallory, Pennacamp, Fernandinia, Duval, Richmond Posts: 9,457 Thanked 3,926 Times in 1,477 Posts Originally Posted by headinghome

We're closing on a home soon, and plan to rent it when we're not there. We're still working on getting things ready, but the rental contract is bugging me the most.

Would anyone be willing to PM me the rental contract they use?

Thanks! Seriously, thank you, immensely.

Online agreements for Florida are easy. If you rent long term unfurnished you will have many clients to choose from. Thevillager4 rent is an easy website to advertise on.
Many believe that using a management company is safer bet. Our first home we used a popular management company, and fired them in less than a year, for damage, theft, and mismanagement. You had no control on who they rented to, and other than the money they were making they cared less about our home.

For 3 years after such a bad experience we hired a good home watch, and had an average of 65 couples to pick from. Every year. Most of the time seasonal renter rent year after year.

__________________
Do not worry about things you can not change
asianthree
View Public Profile
Send a private message to asianthree
Find all posts by asianthree
11-24-2019, 06:24 PM Senior Member Join Date: Jan 2018 Location: Woodbury Thanked 72 Times in 41 Posts

We used the villager4rent and rented for 5 years to various persons. Turned down a few, also they have a form for download.

11-25-2019, 08:44 AM Join Date: Sep 2011 Location: Conn/Maine / Posts: 2,796 Thanks: 133 Thanked 1,349 Times in 521 Posts Don't forget state sales and county tax __________________
Don't take life Too Serious ..It isn't permanent 11-25-2019, 09:20 AM Senior Member Join Date: Jan 2018 Location: Woodbury Thanked 72 Times in 41 Posts Originally Posted by karostay Don't forget state sales and county tax YES, we were paying both. Slept better at night. 11-25-2019, 11:52 AM Platinum member Join Date: Sep 2016 Posts: 1,716 Thanks: 350 Thanked 2,388 Times in 753 Posts Originally Posted by vintageogauge

If you're not going to be here when you rent it out, there is a lot to be said about using one of the management companies. You'll be getting calls about things not working, or the cables out, etc., who will be checking on your home when they leave for damage or dirt, etc. Being here to handle any situation that were to come up is one thing but being out of town is another.

Advise from someone who has not done this is very bad advise.

I am in Afghanistan and when I heard about a problem with cable at my rental last week I had home watch deal with it. The price 50.00 a month not 17% of the gross. So yes, you can rent and not be near by.

Toymeister
View Public Profile
Send a private message to Toymeister
Find all posts by Toymeister
11-25-2019, 12:23 PM Join Date: Aug 2016 Location: village of Fenney, Ford City, Pa., and Hudson, Ohio Posts: 4,356 Thanked 4,619 Times in 1,542 Posts Originally Posted by Toymeister

Advise from someone who has not done this is very bad advise.

I am in Afghanistan and when I heard about a problem with cable at my rental last week I had home watch deal with it. The price 50.00 a month not 17% of the gross. So yes, you can rent and not be near by.

Who is the "someone" you are referring to that has not done this. There are also a lot of horror stories about Home Watch companies. There are a lot of options out there and I offered one just as you just offered another, no need to get negative and state that my advice was bad advice, we are all offering the OP advice as we see it.

vintageogauge
View Public Profile
Send a private message to vintageogauge
Find all posts by vintageogauge
11-25-2019, 06:16 PM Senior Member Join Date: Nov 2007 Location: Pittsburgh, Fernandina, 2012 Thanked 2 Times in 2 Posts Why do I sometimes feel that I live in an Air B&B or Timeshare community? 11-25-2019, 06:41 PM Join Date: Feb 2016 Posts: 15,382 Thanks: 2,613 Thanked 14,804 Times in 5,690 Posts Originally Posted by Bigben007 Why do I sometimes feel that I live in an Air B&B or Timeshare community?

Well, you do live in an airbnb community. Currently, there are 818 Villages properties listed for rent on airbnb. But, as far as I know, The Villages doesn't have timeshares available for sale.

retiredguy123
View Public Profile
Send a private message to retiredguy123
Find all posts by retiredguy123
11-25-2019, 08:50 PM Join Date: Jan 2013 Thanked 25 Times in 5 Posts

We have rented out our home for 6 years as a furnished rental by ourselves with a home watch person who answers questions and solves problems. It depends on what you want out of the property. We hope to retire in a few years and are satisfied with renting January thru March and 1 or 2 other months. It pays a lot of the bills. We have repeat renters. Early on a couple rented for 2 high seasons and then purchased a house in The Villages. Our current high season renters are coming back for a third year. Our April renters have been coming to The Villages for 11 years. The place they rented was sold so they are coming back to us for a third year, also. They have friends who are permanent residents one street over. We only rent by the week to our neighbors for their families. Since we plan to live on this street, we do not want to upset our neighbors and have it be an Airbnb. Our neighbors are very friendly and invite our renters to street events. We report the rent as income and pay sales tax.