All Forum Posts by: Murtuza Khoja

Tried to upload the pictures again, not sure if y’all could see it.

@Shawn McCormick, would your painter contact be willing to power wash, fill and touch up as you suggested? 

Thanks again for your input 

Hi and thank you!
please do share your painting contact.  Honestly the paint doesn’t look that bad to me.  Not sure if my pictures uploaded, but it’s a little rust showing in some areas mostly that I can see.  The house is 2 stories and about 2800 square feet, but also has a detached garage with a living space above it as well. 

Please do share your painter contact, coz I too feel that $11,000 is ridiculous.

in terms of roofer, it’s too late, work is starting today lol, but that went through insurance due to hurricane related damage.  Although my deductible is quite high which I will have to pay

Thank you for your replies!

Hi everyone,

I'm a long time owner of an investment property in Winter garden Florida. The house is relatively old built in 2006. The HOA for this neighborhood is quite strict and at times I feel they are too intrusive. In 2018, the HOA issued a violation and informed us, we need to repaint the entire exterior of the house. It was 12 years old, it was very expensive, but We complied. It's now 6 to 7 years later, and they are demanding that we repaint the entire exterior of the house again. They send one very unclear picture on the violation so we sent our property manager to take a look at it with his painter. Honesty, the pictures did not look that bad. There were a few areas where there is rust, but I don't think the entire exterior of the house needs to be repainted. The quotes were getting are 11-14,000!!!

On top of that, we are currently in the process of replacing our roof which is already costing us a ton of money. I can't afford to really repaint the exterior of house right now, but it also seems that it's an unreasonable demand on the part of our HOA.

any insight or thoughts would be helpful.  I’ve attached some pictures, does this seem reasonable?

Hey thanks for your response.


I noticed your YouTube videos, I’ve saved them to my playlist to watch.  I would love to do a call but I’ll watch your vids first to get a better idea before the call.

thanks again and talk soon

Hello everyone,

I’m a Canadian looking to buy a short term rental vacation home in the Kissimmee area.

Currently we own a long term rental home in Winter Garden which we bought some time ago, and will be paid off completely in Feb 2029.  Over the years, however, we’ve found that we end up coming down to Orlando quite a lot, especially in the last couple of years, and we end up staying in vacation rentals (Reunion, Championsgate, Storey Lake typically).

I would love to simply pull equity from the current property but given that it’s a long term rental and we are Canadians, from what we understand it’s not an option for us.

we love reunion but I feel that would probably not be the best for ROI. We're not married to any Particular development, but ideally we're looking for something newer (less than 5 years), detached with a good sized pool (not splash pool) We've been looking at 4-5 bedroom homes in Championsgate in the under 600k range. However we're not married to that idea either.

Our goals:

1. Have a vacation rental that we can use ourselves as well

2. Would like to obviously make some cashflow.  We exclusively travel during non-peak seasons, so we would be looking to rent out completely during busy/peak seasons, and would stay at the place during slow seasons

Questions for the experts out there:

1. which development(s) tends to be the best for ROI/have the best occupancy rates?

2. Which size of home is typically perform best on a cost benefit analysis? 

3. What percentage of gross revenue does an owner typically keep if they do employ a property manager?

4. we're not necessarily looking to go "all out" in terms of theming, but if we did, what kind of revenue does that bring/ROI can you expect, and which Renos for theming are best to do from a cost-benefit analysis, and what do they typically cost?

4. If there are any owners on this forum that have any first-hand experience with STRs in the Kissimmee area?  Would love any input you would have, especially from Canada, but anyone really.

5. I welcome any input from anyone who is knowledgeable in the area (comment not question, lol)

Your input is much appreciated.

Thanks!