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Updated over 1 year ago on . Most recent reply

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Need advice on a short term rental property

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We have a short term rental in Davenport Florida that we owned since 2015. From 2015-2019, we have been getting monthly revenue but the property management company we had filed for bankruptcy.  And then of course Covid happened. The property is in a gated golf course community 20 minutes from Disney and Universal Studios. We have a new local property manager in the area as we live out of state. This year, it has only been rented three times, (february for 14 days; March for 10 days and July for 14 days). There is no booking in the calendar until March 2024. There was a block of 14 days in April that they blocked out and when I asked the property manager they said afterwards the flight did not go through. There was also another booking where they said it was a "no show" and the renters cancelled in time but they forgot to take it off the calendar.  Is there something wrong with our marketing? It is listed in VRBO as well as a couple of U.K. vacation sites. Or is it the property manager? Please help;  as with home insurance doubling in Florida along with other price increases, we're losing money on this property and we're trying to figure out if it's the marketing, the manager or both is the problem?

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