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Old 02-16-2009, 07:59 AM
 
Location: Watertown, CT
7 posts, read 36,967 times
Reputation: 13

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Considering purchasing a condo in Naples - possibly Positano Place or Wiggins Lake & Preserves. Whats the likelihood that I cant rent out this unit during the off season? I'm told October through March is high season and I could rent for approx. 200-2500 per month. I cant get anyone to give me info about renting outside of that window. I dont want to buy now and have it sit vacant until October. Any info for me???
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Old 02-16-2009, 11:15 AM
 
Location: Full time in the RV
3,418 posts, read 7,790,621 times
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Go here and see what similar properties are renting for: Rental Property Listings :: Naples FL Homes :: Real Estate, Rentals, MLS
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Old 02-16-2009, 12:24 PM
 
Location: Watertown, CT
7 posts, read 36,967 times
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Thanks for the web site recommendation. I can get good info on rental amounts - just not how often during the year I could actually get it rented!
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Old 02-16-2009, 01:48 PM
 
515 posts, read 1,590,882 times
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There are SSSSSSSOOOOOOOOOO many rentals right now that you'd be lucky getting decent rent or renters in your place. My experience so far with major realtors who find renters for your place is that they'll do a quick background check and then if they trash your investment it's your problem. makes me wonder?????
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Old 02-16-2009, 01:55 PM
 
Location: Ohio
1,217 posts, read 2,836,684 times
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We owned a rental condo in Naples a year before the crash. Very nice unit with lots of on-site amenities (tennis, pools, near the beach) so I know whereof I speak: you will lose money. You will only be able to rent a month in high season if you are lucky.

We were lucky enough to sell (again before the crash).

If you had a beachfront unit with a great view you could do better rentals,but of course that would cost $$$.
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Old 02-18-2009, 01:49 AM
 
Location: on the edge of Sanity
14,268 posts, read 18,938,206 times
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Quote:
Originally Posted by ddct View Post
I'm told October through March is high season
I would never consider Oct to be "high" season. Before I lived in Florida, I usually vacationed in May or Oct to get the off-season rates. Oct is still hurricane season too.
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Old 02-18-2009, 10:25 AM
 
Location: on the edge of Sanity
14,268 posts, read 18,938,206 times
Reputation: 7982
Quote:
Originally Posted by tjstrain View Post
There are SSSSSSSOOOOOOOOOO many rentals right now that you'd be lucky getting decent rent or renters in your place. My experience so far with major realtors who find renters for your place is that they'll do a quick background check and then if they trash your investment it's your problem. makes me wonder?????
It's not only the landlord, but other investors. They're getting so desperate to rent that they often accept anyone with a pulse. Before buying in any condo community, maybe you should listen to this. I posted it on another thread.

[URL="http://www.npr.org/templates/story/story.php?storyId=90231954"]Condo Associations Feel Pinch of Housing Downturn : NPR[/URL]
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Old 02-18-2009, 12:47 PM
 
Location: Watertown, CT
7 posts, read 36,967 times
Reputation: 13
Great information on condo associations! Thanks so much. We are definetly leaning towards NOT buying based on all our research. It seems like this financial mess is a cancer that just keeps growing into everything...
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Old 03-21-2009, 12:43 PM
 
7 posts, read 27,664 times
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I was going to buy a condo in Positano Place. Thank goodness, I conducted a search for Registered sexual offenders-because one lives in the complex in building 13000. Quite scary... Stay clear.
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Old 03-21-2009, 03:17 PM
 
Location: where my heart is
5,643 posts, read 9,664,680 times
Reputation: 1661
Default November through March

Quote:
Originally Posted by justNancy View Post
I would never consider Oct to be "high" season. Before I lived in Florida, I usually vacationed in May or Oct to get the off-season rates. Oct is still hurricane season too.
is really considered season because October really isn't all that cold in most places. In fact, most snowbirds really come down in January (after the holidays) through March, until maybe right before or right after Easter.

I am going by NAPLES, snowbird heaven.
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