All Forum Posts by: Brendan Chetuck

I'm looking to purchase a STR in the Orlando area. I have just started looking, so I appreciate any advice. I'm currently looking at Reunion and Encore, but I'm open to other suggestions. We would like to use it for our family some, but it primarily needs to make sense as a STR. Is a certain number of bedrooms easier to rent? Square footage? It appears that the more modern homes with a nice game room and theme rooms do better as rentals? TIA

Shannon,

I own 3 different STR's in 3 different communities of the Kissimmee/Championsgate/Davenport area. I personally avoid the Storey Lakes, Reunions, Windsors, and those other huge communities...The price-points are becoming too high there.

I invest in the surrounding communities with less amenities and lower HOA's. The return is much better in the surrounding communities, especially if you theme your home correctly....In essence, your home becomes the attraction rather than the community amenities. I have rehabbed all 3 of my homes in-house. If you'd like, I can share my listings and numbers with you so you can get an idea of how they perform :)

Happy Housing,

Matt

Hey Matt, would you mind sharing this info with me? I’d be very interested in seeing this!

0 Votes

Orlando, Florida

Thank you @Shawn McCormick! I will definitely be joining the REIA. I would also love to jump on a call, if you are free, to discuss the Orlando market as I am still learning it a bit!

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Orlando, Florida

Hi all!

I am an investor currently in upstate NY, but we (my girldfriend and I) are moving down to Orlando within the next few months. I am looking for some like minded people to begin to network work! I am doing research on the Orlando and surrounding areas, but would also love to get some insight from some local investors.

Feel free to reach out! I look forward to hearing from everyone.

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Orlando, Florida

@Scott Sherin Hey scott, I'm a local investor and agent in the albany area! That could be a great location with potential for some good cashflow! Reach out if you'd like to connect and chat!

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@Mike M. Thank you! That post is very helpful!

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@Jerryll Noorden thanks for the insight!

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@Matt Whitermore hi Matt,

I'm looking for 2-4 units I could BRRRR! Look forward to connecting with you!

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@McKinley Crowley thanks! That would be awesome!

1 Vote

Hi all,

Been off this forum for a little, but been busy closing on a headache of a first deal. Took around 5 months all said and done, but I got it!

Eager to get another one under my belt, I was wondering if anyone has good suggestions for direct mail marketing companies/websites? I am local to Albany, NY. Not sure if there are local ones that anyone would recommend. Looking to start a good campaign to start bringing in more leads!

Thanks everyone! Look forward to the responses :)

3 Votes

Originally posted by @Kenny M.:

I was actually looking at this prop. in Albany. Anyone know about it? https://www.zillow.com/homedetails/105-Ontario-St-Albany-NY-12206/29646606_zpid/

Kenny, Personally I would not invest in that house. Obviously it depends on your situation and what you are looking for, but as you go north of Central Avenue things can get a little sketchy. I would say stay south of Washington Avenue if you were looking in that area because you will most likely be renting to C to D tenants.

Once again this is personal opinion and if it makes sense in your personal situation then go for it, but I would look into a more expensive house with a higher quality tenant pool who will not only pay more for rent, but also minimize your maintenance costs on the house.

3 Votes

Upstate New York, New York

All Forum Posts by: Brendan Chetuck

Brendan Chetuck has started 9 posts and replied 76 times.

Post: Investing in STR in the Orlando area

Post: Moving to Orlando within the next few months, looking to network!

Post: Moving to Orlando within the next few months, looking to network!

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Post: Investing in Albany NY smart or not ??