Worrall-
There are a lot of vacation home properties in the Davenport / Kissimmee area that "vacation home properties". While your concern is valid, there are many properties in this area where investors are doing just fine with their investment. The current market is allowing investors to buy these vacation homes at prices that allow them to cover their expenses.
Most vacation owners us a management company to manage the property and book renters. To help increase the number of bookings it is recommended that you also help in the process by telling friends, family, co-workers, post in a local news paper, create a website to market yourself.
Location is going to be very important as well. Homes within a 5-15 minute range of Walt Disney World will typically get more rental weeks per year and at a higher weekly rate. Communities in this area can vary from basic features to gated communities with club houses.
The size of the house needs to be considered. A 3 bedroom my only fit a family of 6 but a 4 bedroom may fit 2 families of 10. A pool is without a doubt a requirement. Some homes use the garage as a game room which attracts families with children. Keep in mind that not every day is spent at the Theme Parks.
Management companies also vary in services and fees. It is recommended that you look at several before you decide on one. Often the home that you purchase will have a company in place and it may be beneficial to use them as they may have booking in place.
If you would like further information about vacation homes in the Davenport / Kissimmee area, I can send you more information on properties or communities surrounding Disney. You can also visit
http:// www.thefloridalivingteam.com and see a map of these areas and the properties for sale around there.
Steve Glose
Real Estate Specialist
The Florida Living Team
Keller Williams Realty
407-616-7286 direct
020 3239 7286 london
407-962-4242 office
866-531-1709 fax
steve@thefloridalivingteam.com
- Fri May 16 2008, 09:06