Hi, currently I am looking at the vacational properties in champion gate florida. I am not sure if the return rate is real. How can I tell if they are telling me the truth? Also, the selling price seems doesn't go up over time. Should I do the investment or not
You need to put a spreadsheet together and run your own numbers based on occupancy and rental rates. You can check similar properties in the area to see what they are doing also. Just look on Vrbo and Airbnb.
Then put all your expected expenses in the spreadsheet to see what your Net may look like.
I like Airdna, but you have to pay for the neighborhood subscription to see if the comps are reasonable.