Vacation rentals in Disney world area

[Dave Carella]

Looking to buy some property in the Disney world area and rent out. but looking into it seems kind of a joke, I saw a 615k two story condo being rented out for like 100 bucks a night.!   this cant be real . why bother? any feed back ? 

[Keith Courtney]

@Dave Carella -

I deal a lot in vacation homes in the Disney area.  There are thousands of short term rental homes - condos, townhouses and single family homes.  Many of them are not profitable, but there are some that are.  As a general rule, the ones that are profitable are ones that are in very close proximity to Disney, are new or have been upgraded, have a good, honest property manager and have a cost effective short term rental marketing program. 
Because most of the new ones are being built a little further out, the success that I witness and am a part of are primarily resales that the new owner upgrades adding a number of amenities that today's vacationers want and that make the vacation home stand out against the competition.  The vacation homes that have been upgraded with the amenities rent for more per night and rent more often - the two most important numbers to drive a profit. 

Keith