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Updated over 6 years ago on . Most recent reply

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Thomas Labo
  • Rental Property Investor
  • Halifax, MA
0
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4
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Short term rentals near Disney.

Thomas Labo
  • Rental Property Investor
  • Halifax, MA
Posted
The wife and I recently took a trip down to Disney with our two kids. Needless to say, it was our first trip there as a family and everyone else realized what I already knew. That is that Disney is magical and we want to go back! We have looked into timeshares and the DVC. Looking at the costs, I recommended that we look into investing in a STR, possibly a condo. The goal would be to have a place to stay when we visit, and rent out the rest of the time. We would visit off season. Does anyone have experience doing this, or maybe have a recommendation of where to look? My thought is breaking even would be a win.

Most Popular Reply

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30
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21
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Peter Hagemann
  • Rental Property Investor
  • Englewood, FL
21
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30
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Peter Hagemann
  • Rental Property Investor
  • Englewood, FL
Replied

If you are looking in the Disney area, you might want to look at Mega Houses that are being used for Short Term Rentals.

Looked into the condos and the market is saturated with 1 and 2 bedroom condos using for Short Term Rentals. So competition is fierce.

Mega Houses will sleep any where from 10 to 25 people with houses going from $300,000 to $600,000 and are in high demand for multiple families that want to stay in one location. Brother and sisters that want all the kids together.

Company that we looked at was Encor, they are also running the Margarittavil that is being built of Highway 192.

We ended up picking up our units (13) on the beach on Manasota Key.

Growing up Disney we did not want to vacation at Disney but on the beach.

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