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Buying or Renting a Vacation Home In Central Florida
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A Vacation Lifestyle has become a reality for thousands of people desiring an investment property in central Florida. The reason is simple. Orlando Florida is the world's most popular vacation destination. Last year over 55 million people came to visit the Walt Disney World ® Resort alone! Whether you prefer the ever popular attractions or just soaking up the sun, this vacation hot bed provides an extremely unique opportunity to profit from the tourism industry.
Through our highly qualified expertise, we will show you:
* The key areas to own property in Central Florida to insure strong equity.
* How to purchase a beautiful brand new home at a price that fits your budget.
* Where to find the best property management companies to care for your investment.
* All available purchase options based upon your lifestyle and vacation preferences.
* The most important factor in working with us....HONESTY, LOYALTY and TRUST.
We are helping many individuals from all walks of life to take advantage of owning real estate property just minutes from the Walt Disney World ® Resort! You are probably aware that real estate property remains the strongest asset, far outperforming the stock market, inflation, money market funds, and savings bonds. The type of real estate we are making available especially benefits those looking to build equity through short-term vacation rental which can serve to offset the cost and expenses of ownership! For individuals or families who enjoy sunny Florida and all the activities and attractions it provides, a vacation home or second home might be the perfect solution to making a sound investment and having fun at the same time!
Here are some Frequently Asked Questions:
What is the best size and location of home to own for rental purposes?
Location, Location, Location. The closer to the Walt Disney World Resort complex, the better! However, all of the homes that we offer rent well, since all are located in communities within 2 to 4 miles of the Walt Disney World resort entrance. The size of the home you choose should be determined first by your own needs as well as serious consideration given to the needs of your future rental clients.
From where are the rental reservations for my home generated?
Our property management contacts are extremely active in the rental market, attending international and domestic trade shows all year long to attract rental business from all over the world. Although we as real estate agents do not generally provide bookings for your property, we can recommend a number of highly successful and well-connected property management companies which provide a high level of rentals year round.
Is there any advantage to generating my own bookings?
Yes. Since most property management companies will guarantee only a certain number of bookings per year, any additional bookings they provide will certainly go toward off-setting your monthly mortgage costs and fees. Your property management company will work in conjunction with you to handle all of those booking details.
What determines how much income we will receive per rental booking?
The rate is determined primarily by the booking source as well as the time of year. Property managers often work with wholesale tour companies and they are given a net rate to book the homes. Then they add their margin on top of this and price it in the marketplace. Our recommended management companies, which we have tried and tested, will be happy to answer any additional questions you may have.
What If I do not want to rent my home?
Will the real estate agent take care of it for me when I am not there?
Even though you will have a management company to officially oversee your property on a routine basis, you can have the personal security of knowing that we are always in the neighborhood and we1ll keep an eye on things as well.
How do I take care of paying the monthly bills on my property?
The property management company which you will choose, will set up all of the utilities (electric, water, gas, telephone, cable,etc.) for you in your name in the care of the management company. They (management company) will pay all of these bills on your behalf every month from a management account that you will establish with them.
What about insurance?
All properties must have homeowners hazard insurance in effect at all times to cover the replacement costs and the home contents as well as medical and general liability. We will be glad to help you arrange these matters when to time arrives.
Do you have resale homes and listings outside of the tourist area?
Absolutely. We understand that not everyone will have an interest in short term rental property. If you are looking to relocate to our beautiful area, Wonderful! We are more than happy to assist you in finding that perfect home, either new or used, in a great community AND at a price within your budget. We are now beginning to offer some great properties on the Gulf Coast too! Contact us... we will show you how to get started!
I have other questions. How can I get them all answered?
We are happy to spend all the time and effort necessary to see that all your questions are answered and you are able to make an informed decision. Many of our real estate transactions are made through mail corespondence as we send you pictures, plans, proposals, and contracts, always keeping in close communication throughout the entire purchase process. Others would rather schedule a visit to Florida, see all that is available, and walk the properties in person. Either or both ways are just fine with us!