I'd like to look at rental homes in St. Johns County Next Week (Plantation: wood floors, apartment)

[islandtimect]

I believe you need to live in Ponte Vedra to attend Ponte Vedra High School. Unfortunately, it'll be tough to find a home to rent here for the price you mentioned. We paid more than that for a 2br/2 1/2 bath condo when we rented before we bought our home last year. But we'll be moving back to my home state next year so let me know if you are interested in our home. LOL

[GeorgeJ.]

Originally Posted by theresamcallahan

Thank you so much for your reply. As one who has also been a landlord , I would usually agree - I wouldn't want that property to remain vacant for so many months. The realtors we have spoken with have told us that there is such a large inventory of rental homes on the market, that some are staying empty in excess of 90 days. If we dont ink a deal this trip we will come again in May.

We actually intend to spend much of the week on our own but it would be good to have an experts insights to the area.

In terms of actually signing a deal that would be great, we want to get started, but we are not depending on it. I was told too, that if we work with a management company, that they would most likely have access to multiple properties and that it would be good to get the application and approval process over with. It makes sense that if we have to come back, all the paperwork and credit stuff will be done. Thanks again.

I don't believe there's a large inventory of rental homes...unless we're renting ours out for way too little...Last tenant gave a 30-day notice and our Property Manager started looking for a tenant...took less than a week to find a new tenant who wanted to move in the day after the old tenant moved out. Rent is $1300 for a 3-br/2-ba golf course home in St. Augustine; 8 years old.

Bottom line: in this case it took less than a week to get a new tenant...I'd be pissed if it took 90 days...

If you'd like the name of the mgt. company we use, let me know. Two of the others in St. John's I'd avoid at ALL COSTS.

[daisies76]

My daughter goes to Creekside and we live in Aberdeen. I think Creekside is a great school. She loves it, too.
George I would love the name of the rental mgmt company you use. We were anticipating a job transfer out of state and were looking into renting our house out if we do decide to go. We spoke with a couple companies and the decision was tough because we dont know enough about either, plus didnt have any personal recommendations or heard anything positieve or negative about either.

[masonsmom4]

George: I also would love the name of a reputable management company. My family is moving over from Panama City in June also. We are looking for a 4 preferably 5 BR in Ponte Vedra or St Johns, and I'm beginning to get concerned. I would love to rent something for a year that I could then purchase and not have to move again. I know when the good places pop up they will be gone so it would be nice to have someone locally on my side since we are in Panama City.

[ssclulow]

If you want the option to buy what you rent, I would try contacting some real estate companies that do rentals as well as sales. The rental market is very tight here. It's hard to find one, espeically in the areas you are interested in. Try this one then do a search for some others. Vanguard Realty, Inc. - New Homes, Home Buying and Selling in Jacksonville Florida, Duval County and Clay County, FL areas

[masonsmom4]

Originally Posted by ssclulow

If you want the option to buy what you rent, I would try contacting some real estate companies that do rentals as well as sales. The rental market is very tight here. It's hard to find one, espeically in the areas you are interested in. Try this one then do a search for some others. Vanguard Realty, Inc. - New Homes, Home Buying and Selling in Jacksonville Florida, Duval County and Clay County, FL areas

Thanks! I will check that out. And I welcome any advice anyone has to offer!

[fsquid]

Creekside made the playoffs this year. No clue what that means for college prospects, but they seemed to get it done this year. I think Nease failed to make it this year.

[fsquid]

I know the rental market is hot in JCP right now. Homes are rented out within a week of posting the last year or two. Small sample size of 4 in my case though, but talking to others in other neighborhoods, they've seen the same thing.

[GeorgeJ.]

Originally Posted by masonsmom4

George: I also would love the name of a reputable management company. My family is moving over from Panama City in June also. We are looking for a 4 preferably 5 BR in Ponte Vedra or St Johns, and I'm beginning to get concerned. I would love to rent something for a year that I could then purchase and not have to move again. I know when the good places pop up they will be gone so it would be nice to have someone locally on my side since we are in Panama City.

What part of St. John's County are you looking at? If it's the St. Augustine area then the Property Mgt. company I use would be good for you. PM me if you'd like the name.

You might have a problem finding a rental that would want to sell to you in a year...I believe that my current tenants mentioned the same thing to the Prop. Mgr. when they signed the lease. My take, on reading between the lines, means that after a year they might want to offer an under-market amount to buy the place & stay in it...Not gonna happen, in my situation. Market value is currently about $40,000 less than what I paid. And my guess would be that they'd offer quite a bit less than that since there wouldn't be all that bother of listing it, etc. In my case, I really don't have any interest in taking a big loss - it's not underwater because I put a huge downpayment on the house, but I have no interest in flushing $40,000-50,000 down the sewer to sell the house...

[EricBoyd]

Great points, George. I get a few calls from renters, from time to time, in search of available rent-to-own properties. A good percentage of my management inventory is likely upside-down, which is why they decided to rent out the property VS selling it, when they moved out. It'll be this way for a while, I believe.