Airbnb investing in Orlando

Airbnb investing in Orlando

Member since 2018 · 3 posts · 0 votes

Hi. I’m looking to purchase an airbnb investment properties in the Orlando area to tale advantage of the tourism industry. I am not too familiar with the area and was wondering what the best areas to invest in would be. Any other information that anyone has regarding airbnb investing in orlando would be great. I am a newbie in real estae and was looking for something in the 120-150k range. Thank You

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Atlanta, GA · Member since 2019 · 18 posts · 9 votes
7y

@Matthew Bowden to my understanding airbnb is allowed within the city limits of Orlando only if you reside at the property yourself. I just closed on a 2 door multifamily in downtown and intend to airbnb out 1 property and live in the 2nd.

@Sid Payne I would love to receive any insights you have as well. I still have a few months of renovations ahead of me, but hope to hit the ground running once my properties are done. 

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  • Investor · Orlando, FL · Member since 2015 · 12 posts · 7 votes
    7y

    You're looking for the cities surrounding Orlando in that price range. Airbnb is not allowed in the city limits of Orlando. The area surrounding the tourist destinations is extremely saturated, however, we do well!

  • Longmont, CO · Member since 2018 · 105 posts · 79 votes
    7y

    Hey @Matthew Bowden, shoot me a PM with your email and I can get you quite a bit of information on that area. I have 5 properties there and will be buying more. I have a lot of great resources there as well.

    Thanks a lot,

    Sid

  • Member since 2018 · 3 posts · 0 votes
    7y

    @Jenny Morrison

    Thanks Jenny for your reply. That’s good to know!!

  • Real Estate Agent · orlando, FL · Member since 2009 · 159 posts · 121 votes
    7y

    Hi Mathew, 

    Are you looking for something turnkey? At that price point, you would be looking at a low-end area not good for AirB&B. A condo would probably be your best bet. I can help you find something that would work, if you're looking for some assistance PM me. 

  • Investor/ Real Estate Agent · Burton, OH · Member since 2015 · 167 posts · 53 votes
    7y

    I too am looking in/ around this area. Any resources would be much appreciated guys. 

  • Atlanta, GA · Member since 2019 · 18 posts · 9 votes
    7y

    @Matthew Bowden to my understanding airbnb is allowed within the city limits of Orlando only if you reside at the property yourself. I just closed on a 2 door multifamily in downtown and intend to airbnb out 1 property and live in the 2nd.

    @Sid Payne I would love to receive any insights you have as well. I still have a few months of renovations ahead of me, but hope to hit the ground running once my properties are done. 

  • David PierceBusiness Member
    Property Manager · Deland, FL · Member since 2019 · 71 posts · 28 votes
    7y

    Osceola County is easier than Orange for short term.

    https://orlando-rising.com/osc...

    https://www.airbnb.com/help/ar...

    PMI Central Florida4.468 Reviews
  • Investor · Tampa · Member since 2018 · 289 posts · 107 votes
    6y

    @Matthew Bowden how has your Airbnb search been going so far?

    @Sid Payne I am looking in Orlando area as well. Would be super grateful if you can share some of the info that you have about Airbnb rentals in the area

  • Atlanta, GA · Member since 2019 · 18 posts · 9 votes
    6y

    Happy new year all!

    Wanted to follow-up on this thread.
    I went forward with setting up one of my properties as an Airbnb, check it out here 👉🏾 http://www.airbnb.com/p/thebun...

    Applied for a STR permit, paid the annual fee and listed the property after the permit came in.

    The property is based in Orange County  and Airbnb collects the required taxes. So far so good.

    Am now browsing for my next investment.

    @Matthew Bowden did you end up purchasing something?

  • CA · Member since 2017 · 73 posts · 15 votes
    6y

    @Bree Wijnaar

    Nice place how much did it cost to furnish the place? Also how’s the rentals so far on Airbnb?

  • Real Estate Agent · Enumclaw, WA · Member since 2020 · 10 posts · 1 vote
    6y

    @Jenny Morrison I purchased a short-term rental in Osceola county in early April. Obviously the Disney shutdown had impacted STRs close to the resort. Are you seeing any bookings? Are your rentals Disney focused? I have reserves but I would really like to get closer to cash flow soon. I’d appreciate any insights you have on STRs in the area. Thanks!

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