All Forum Posts by: Alice Horn

So sorry this happened to you! Just to echo what others have said, never accept same-day bookings, especially for a larger home.

Also, as property managers we have our own methodology to screen guests. We're pretty old school about that, and we require all guests to fill out a rental agreement. This was prepared for us by an attorney who specializes in STR law. It's much more powerful than simply listing "house rules" and also asks for a list of names for all adult guests. This is also helpful for many gated communities with HOA's who now require a list of all guests preregistered at the entrance. On that note, we only accept listings in gated communities...

A very small handful of guests refuse to fill out the contract - which is a red flag. Hope this helps!

Alice

Unfortunately, Orlando itself has strict regulations on STR's, for starters they must be owner-occupied - with the exception of just a few communities like Vista Cay which is in Orange County. If you want to check on Disney area STR's that are legally zoned for STR, you'll need to search in Osceloa and Polk counties. Reach out anytime if you would like some suggestions!

This might be cheating, but just to get the juices flowing here is some (AI powered) research I did...encouraged to see it does mention STRs. It should be interesting to take a look at Miami or Palm Beach to see how these areas have developed around the stations over the years.

"As a real estate investor, the launch of the Brightline high-speed train station in Orlando presents exciting opportunities for strategic investments. Here are some potential real estate investments that may follow the introduction of the Brightline station:

1. 1. Hospitality and Hotels: The increased accessibility provided by the high-speed train could boost tourism and business travel to Orlando. Investing in hotels or short-term rental properties near the station can be an attractive option to cater to this growing demand.

1. 2. Transit-Oriented Developments (TODs): Transit-oriented developments are mixed-use properties located within close proximity to transportation hubs. Investing in TODs near the Brightline station can be lucrative, as it would attract commuters, tourists, and residents seeking convenient access to the train service.
2. 3. Residential Properties: With improved connectivity and reduced commuting times, there may be a surge in demand for residential properties near the Brightline station. This could include apartments, condominiums, or townhouses suitable for both renters and homebuyers.
3. 4. Commercial and Office Spaces: The Brightline station's presence may attract businesses seeking convenient transportation options for their employees and clients. Investing in commercial or office spaces near the station can position you to capitalize on this potential influx of businesses.
4. 5. Retail and Entertainment Centers: The train station can serve as a hub for shopping, dining, and entertainment. Investing in retail spaces or entertainment centers in close proximity to the Brightline station could attract both locals and visitors looking for a vibrant and convenient destination.
5. 6. Industrial and Warehousing Facilities: Improved transportation connectivity can benefit logistics and distribution businesses. Investing in industrial or warehousing facilities near the station can provide opportunities for companies looking to leverage the high-speed train's efficiency for their operations.
6. 7. Mixed-Use Developments: Creating mixed-use developments that combine residential, commercial, and entertainment spaces can be a comprehensive approach to leverage the potential of the Brightline station. Such developments can offer a diverse range of real estate opportunities and cater to the needs of various demographics."

Very true. It makes more sense for one or two people traveling at a time. Still excited to see what happens…

 @Israel Mendiola, as Shawn and others have stated, the Disney-focused market in Davenport is about supply and demand. Yes, there is a lot of supply but you can set your home apart and appeal to the vast Disney market by making the home unique. This can include original decorating choices and other factors like the view, location within the resort, orientation of the pool and much more.

On the other hand you may want to consider some of the smaller resorts (in Kissimmee, not Davenport) that are closer to Disney. Windsor Hills, Emerald Island and Bella Vida to name a few. There, you'll find less traffic, a shorter drive to Disney and you may also find lower RE prices allowing for a higher decorating budget to set your home apart.

Just food for thought...contact me if you would like to brainstorm or run some numbers.

Hi all,

I've been following the news closely about the launch of Brightline high speed rail service between Orlando and Miami and personally can't wait to cut out that grueling drive to Miami on I 95. I see on the website tix are now for sale starting in September. Curious about what others might think from the RE perspective? With stations opening first near the airport, then the next one near Universal's new theme park Epic Universe, and then one someplace near Disney, what opportunities do you see that haven't already been snatched up by the big players?

I recently saw an Orlando Sentinel article forecasting Miami/Orlando as "one metro" and that might be a stretch, but it would be great to see more Miami, Broward and PB residents buying a second home in Orlando now that they can easily get back and forth. And vice versa.

What do you see happening?

 Hi Kelly!  

We are happy to assist you, beginning with your search. Let me know if you need help identifying the best STR communities and home types. From there, we can also provide revenue and occupancy stats on any specific listings you might be considering.

Reach out anytime!

Alice

Hello @Heidi Cousineau! How is the search going? Our team can help by sharing insights on the highest performing (and enjoyable) home types and communities in today’s market. 

We can also pull reports on revenue/occupancy for specific homes to help you make an informed decision. Feel free to reach out anytime and we can brainstorm!
Alice