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Updated about 2 years ago, 10/24/2022
Reunion or Champions or other golf resorts orlando or Florida
Hello All
I am looking at getting some place in Florida to use as a golf vacation/resort for the family (play a lot of golf ) and have begun looking at places that would be nice vacation spots to bring the fam and play some excellent golf. private club resorts etc.
I have been looking closely at the orlando area specifically reunion and champions seem to be big draws with good golf. Curious to those (saw posts from a few years back on here and will reach out to a few individually) who have invested in the orlando area recently how properties have done etc. with rates so high right now (clearly would look to refi a few years out when rates drop) and looking to a PM since i am in Colorado, seeing break even as high as 65K income needed etc.
i have only just started putting numbers together but this is what rough estimates have been.
Curious if anyone has either ongoing experience in these areas or recent experience in buying and if they would be willing to chat a bit on the market and what i can expect on true break even points etc.
for me this is more about equity play and being able to vacation with the family and friends and play good golf than a full blown highly profitable (of course best of both worlds always nice) STR at this point.
Thanks in advance
Bo