Orlando/Davenport STR Community

[Devin Janke]

I've done a lot of research on here regarding buying a STR in the Orlando area. From the comments it sounds like buying in a community is a big plus such as Storey Lake, Championsgate, Solterra, and Windsor Hills. I'm also looking for a property that has a pool. The issue I'm running into is I'm having a lot of difficulty searching the MLS for these specific communities as they often break up into other communities and it's hard to distinguish what road is still apart of the particular resort. I would love any advice on this!

[Shawn McCormick]

@Devin Janke you've got some good advice here so far. I've sold dozens in these communities and all of the ones you've mentioned and many more will all have pools automatically...it's a must have. Only a select number of communities have townhomes with pools if you are looking for a starter or are more budget conscious. 

Right now, inventory on these homes are higher than we've seen coming out of the pandemic, so you will have to negotiate power in that respect. All of these are owned by investors, so if they are cash-flowing, they won't give them away. However, life happens and sometimes the motivation is more iminate and you can still find a good property. One of the things to look at is do you want something truly turn key with many future bookings or get a better deal on something that isn't performing for the current owner and add value with theming. This takes cash out of your pocket and days/weeks of the unit not being rented, so the time of year and local connections to contractors will be key. 

Happy to go over the ins and outs of STR near Disney with you and offer some insight.

Best of luck to you!