The Villages, FL - 80/20 rule (80% 55+)
Hello,
My wife and I are considering a purchase of a property in The Villages, FL but both of us are < 55 years old. From this post we are hoping:
1. To find a link to information regarding the 80/20 rule and how it works for Rental Properties
2. To find data regarding the current percentage breakdown of owners
3. To connect with people who are currently managing rentals in The Villages
Thank you and hope everyone's 2023 is going smoothly!
Hi Anthony, We own 4 homes that we short term rent in The Villages. We purchased between 2015-2021. when my husband was 55, but you do not have to be 55 to purchase a home in The Villages I am not familiar with the 80/20 rule, but did just read a post regarding trying to get 80% of yearly cost covered in high season and 20% in low season, if that is what you are referring to then 80/20 rule will apply. High season being Jan-April and low season being May-Dec.
I am happy to connect with you and answer any questions I am able to.
Lisa