RV resorts in Florida
Has anyone else noticed that rv rental parks are becoming scarce? The park we are currently at has made it clear they want to sell all the lots and don't want renters. Another place we checked with ba...
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travelalot2some wrote:
Has anyone else noticed that rv rental parks are becoming scarce? The park we are currently at has made it clear they want to sell all the lots and don't want renters. Another place we checked with basically said if you want to be here 3 months, then buy a lot. We don't want to rent to you.
It seems that renting in Florida is going to become more difficult each year for those that want to have a long term rental. We don't want to buy; we aren't ready to settle and for the price of the lots and all the additions, you can buy a house.
Looks like we will be looking elsewhere for the winter months...
We have wintered in the Fort Myers/Fort Myers Beach area the last two years. If we consider the CG fees and fuel getting down here, plus the cost of renting our spot for 4 months, we spend over $7,000.00. That is money you will never get back.
House values are on the rise again. In this area of SW Florida they are increasing 4% to 7% each year. I'm currently not getting that much interest on my savings.
We just signed a contract on a 1700 square foot house, 3 bedroom, 2 bathrooms, 2 car garage, new pool and pool cage just installed, and all new stainless appliances. My annual cost of ownership for this property will be just over $10,000 per year, and that even includes such things as lawn service, pool service, and alarm company fees.
So in my mind I can now spend 6 months in Florida instead of 4 for the added investment of around $3,000 per year. After 10 years, instead of having thrown away over $70,000 in rent, I could possibly sell my property and walk away with over $100,000 in profit.
