Looking for arbitrage opportunities in Kissimmee

[Patricia Prudencio]

Hello BP fellows, 

I'm currently on the lookout for arbitrage properties in the city of Kissimmee, Florida, and could really use some guidance from those familiar with the local rental real estate market. I live in Toronto but I have experience remote managing my own properties in Kissimmee. I already have my team trusted team and I want to expand my portolio of STR offerings in the city without buying at the moment.

If you have any insights or recommendations on where to find such properties, I'd greatly appreciate your input!

[Shawn McCormick]

@Patricia Prudencio If you are looking for STR's already in operation to arbitrage, get your 'team' to hunt out properties that have been on the market for 6 months or more. That is where you are likely to find some opportunities. Too many bought at the height of the market and didn't know what they are doing, so they are ones that would be open to creative options that could keep them above water until the market comes back around.

With Universal opening up EPIC next year, the timing is good to get in and up and running. I'm personally not a big fan of arbitrage as it seems too many take advantage of the owner and don't create a win win. 

Best of luck to you.