Short-Term Rentals in Orlando Still Feasible?

[Anthony Tonsoline]

I moved to Orlando ~1.5 years ago and I have been looking for small multifamily properties. After analyzing 100+ properties, the numbers rarely make sense and the properties that I have made offers on, I have been outbid.

Obviously, this is a completely different strategy. I know the Orlando market is extremely competitive right now. Are there areas close to the parks (Disney and Universal) where the numbers make sense for short-term rentals? I would like to be around $300-350k. This is out of my wheelhouse and I was curious if other people are still finding deals in this space.

[Joey Morea]

@Anthony Tonsoline

The market is really starting to pick up. My 7bed in champions gate will gross around 12k this month. It’s all about how it’s themed up. Happy to chat or help you on the lending side as I specialize in vacation homes. My number is in my bio if you would like to reach out.