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Need guidance on Orlando Airbnb Investment

22 Replies

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  • Posts 14
  • Votes 1

Warren Mitchell

posted over 2 years ago

Looking for guidance on investing in airbnb property in Orlando.  Live in Denver.  Up to 500k but would be happy with smaller investment to put our toes in the water.  Would love to here from investors who could give recommendations on agent selection.  Open to different occupancies but would really like to find a traditional single family with a in-law suite to be used as an airbnb.  Will be visiting in February and would like to have a solid direction by then if not earlier.

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  • Posts 12
  • Votes 7

Jenny Morrison
Investor from Orlando, Florida

replied over 2 years ago

City of Orlando has just squashed all "entire home" Airbnbs in the city limits. Look for something outside of city limits. That said, it's a very saturated area with a lot of competition, but we've always been booked solid.

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  • Posts 148
  • Votes 92

Rachel N.
from Orlando, Florida

replied over 2 years ago

Seconding what Jenny said - the city of Orlando has cracked down on this, and my sense has also been that the Airbnb market is saturated. I think you could look in Osceola County, though, as long as you're not too far away from the attractions. 

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  • Posts 14
  • Votes 1

Warren Mitchell

replied over 2 years ago

Thanks Jenny.  Same thing is happening in Colorado.  Looks like airbnb could be dead.  I will check out Kissimmee.

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  • Posts 309
  • Votes 148

Chris Grenier
Flipper/Rehabber from Orlando, FL

replied over 2 years ago

There is always good demand in the Conway / Airport Area for obvious reasons. 

But with a budget of $500K, even $250-300K you can get a very nice single family in the Davenport / Kissimmee area for short term rentals / AirBnB. In that range you're looking around a 3-4 Bedroom / 3-4 Bathroom Pool Home Built 2005+ 

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  • Posts 155
  • Votes 113

Keith Courtney
Real Estate Brokerage/Vacation Homes/Short Term Vacation Home Rental Marketing from Orlando, FL

replied over 2 years ago

Warren -

I can help you.  I deal almost exclusively with short term rentals in the Kissimmee area near Disney World.  I can send you pro forma statements and other helpful information.  I'm going to private message you.

Keith

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  • Posts 1
  • Votes 0

Peter Miranda

replied over 2 years ago

Hi Keith,

Could you please share this information with me as well.

Thanks

Pete

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Check Rosette Top Subject:
Rentals
  • Posts 313
  • Votes 164

Travis Rasmussen
Realtor from Murrieta, CA

replied about 2 years ago

@Warren Mitchell

Awesome! It's a great area. I currently have two Airbnbs out there. What specifically do you want to learn?

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Check Rosette Top Subject:
Rentals
  • Posts 313
  • Votes 164

Travis Rasmussen
Realtor from Murrieta, CA

replied about 2 years ago

@Peter Miranda

Are you looking to get involved with this area as well?

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  • Posts 14
  • Votes 1

Warren Mitchell

replied about 2 years ago

Foe those following. I have gone under contract on a home.  Keith Courtney is serving as my agent.  He has proven to be a good agent and of genuine character.

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