All Forum Posts by: Juan Duque

Try to resolve the issue with the previous owners if you have no luck just report it on whatever platform they are advertising. From my experience I know almost all platforms like airbnb homeaway and others hate having fake listings, duplicate listings or listings where guests get steered to other properties.  You should have no issue taking that listing down if you can't resolve the issue with them. Wish you the best of luck on your vacation rental.

I believe you should be getting a bit more from your manager for 29%. In some cases the 29% can be well over $1000. If you have a Short Term Rental and you are paying over $1000 / month for management, that person should be able to handle all aspects of the property for you. We personally furnish all of our rentals with all the necessities and constantly add things that guests request as needed. I work with rentals in Florida and things may be a bit different here. Best of luck

I would recommend Orlando. One of the most visited cities in the world with plenty of properties zoned for Short Term Rentals. You can find great properties here that cash flow really well as a Vacation Rental. The other best thing about Orlando is the huge amounts of business travelers that come to the city since it has the second biggest convention center in the US. Let me know if you would like any help or additional information

I have units 10 minutes from Disney that would be great for short term rentals let me know if you would like more information and I will email it to you. We also manage a lot of rentals here in Orlando if you are interested after you purchase and our fees are under 30% which is generally the norm here in Orlando.

We manage our own vacation rentals in Orlando as well as a couple of our friends rentals and have had a good experiences so far with the systems we have put in place. And any short term rental management company that charges over 25% is basically damaging the market.

In high volume cities with short term rentals my experience is you are only able to rent out on average 23-24 nights per month. Be careful when running your numbers your nightly price must account for discounts in weekly and monthly rentals. Airbnb is a great tool but covering your mortgage may only be half of the expense of running a short term rental. Additional costs such as cleaning fees cleaning products reserves for replacements maintenance reserves utilities linens etc.

Do not go the short term rental route unless it is approved by the HOA. Depending on how strict the HOA is you can potentially be sued and liable for all legal fees.

I can grab a cup with you. What areas are you going to be looking at for your vacation rentals?

There is great opportunity depending on the city you are in, zoning,  the vacation rental market, tourism, and inventory of available vacation rental properties. I can say in Central Florida ( Orlando, Tampa, St Petersburg ) and South Florida ( Miami, Ft Lauderdale, Boca Raton, West Palm Beach) there is great potential if you know all the costs associated with running them and if you run them on the right side of the law.

Orlando is a great city for Vacation Rentals tourism and business visitors year round in huge volumes. Fairly priced property in various areas still.