All Forum Posts by: Arthur Chu

Thanks @Ryan Moyer @Shawn McCormick! Was wondering - considering the macro economic trends, next year if the vacation rental rates have to be dropped dramatically and the COC doesn't make sense for an STR, do these custom-made vacation communities have any restrictions to use as an LTR as an exit plan. Thanks.

Hi all, I am looking to get an STR property in Kissimmee/ Davenport (Orlando area) and had a few questions:

1. What is the most reliable zoning resource for properties where STR is allowed or what is the best way to confirm if a property on market is STR approved during the screening process?

2. It seems most of the properties have HOA, even though a single-family home. I worry about HOA changing STR rules or having restrictions on renovations etc.

3. What is the best way to get a sense for the Average daily rates/ annual income from the STR property? Wonder how reliable are AirDNA and Rabbu?

4. It seems the market is pretty saturated in Orlando, FL. Any ideas on how to increase the Cash on cash for STRs there? 

Appreciate any thoughts.