5 Minutes from Walt Disney World main gate

5 Minutes from Walt Disney World main gate

Investor · Kissimmee, FL · Member since 2020 · 121 posts · 35 votes

Investment Info:

Condo buy & hold investment in Kissimmee.

Purchase price: $189,000
Cash invested: $50,000

Short term rental 5 minutes from Walt Disney World entrance.

What made you interested in investing in this type of deal?

#1 vacation destination and 5 minutes from Disney.

How did you find this deal and how did you negotiate it?

MLS search

Lessons learned? Challenges?

Due your due diligence prior to hiring a property manager. I fired the first 3 PM's I ever hired.
But got it right with their replacements. Don't hire the ones that sell themselves really well unless they can prove their quality control and communications are on point.

0Reply
26 views

3 Replies

Jump to latestLatest
  • Kyle MccawBusiness Member
    Property Manager · Keller, TX · Member since 2011 · 1k+ posts · 1k+ votes
    3y

    @Joel Lazar congrats. How are your numbers? 

    I have a 5 bed in Windsor Hills, also 5 minutes from Disney. It's been fun to own. Would like to see my 2023 booking pick up though.

    McCaw Property Management4.4909 Reviews
  • Investor · Kissimmee, FL · Member since 2020 · 121 posts · 35 votes
    3y
    Quote from @Kyle Mccaw:

    @Joel Lazar congrats. How are your numbers? 

    I have a 5 bed in Windsor Hills, also 5 minutes from Disney. It's been fun to own. Would like to see my 2023 booking pick up though.

    Hi Kyle!
    I actually bought it almost 2 years ago. Lived in it a year. Then I left and put it with the local itrip franchise for 6 months. They were impressive selling me. But their marketing, bookings and quality control was horrible. So I fired them 3 months ago and moved back in it. I’m running the Embassy Suites condo hotel project. As soon as it is sold out I will move away and put it back into str. This time I’ll be smarter finding a great PM.
  • Kyle MccawBusiness Member
    Property Manager · Keller, TX · Member since 2011 · 1k+ posts · 1k+ votes
    3y

    @Joel Lazar that is a great project to be on. Amazing location next to the Promenade at Sunset Walk.  

    McCaw Property Management4.4909 Reviews
Join the conversationCreate a free account to reply, vote on answers and follow this thread.