All Forum Posts by: Flavio Zanetti

I'm in a very similar position. Do any of you have any numbers to share with me on a townhome and condo in Windsor Hills? They're both asking for about $15-20K over what's been selling recently. It most likely won't appraise at the asking price, I have the funds to cover most of the difference for the townhouse and all of the difference for the condo after putting 20% down. This will be my first STR investment. Any data on making this decision will be greatly appreciated!!!

@James York it’s illegal not to accept it in NY.

I'd rather rent to a hardworking undocumented immigrant that's working hard. 

As someone said, section 8 rabbit hole.

@Jaclyn LignosI had the same question but after discussing with investors and PMs, we came to a conclusion that Windsor Hills offer nice amenities and occupancy is much higher at WH. 

I just bought in Vista Cay. The unit I bought only listed for about 10 days or less, and had 4 offers (3 at asking and one cash slightly lower than ask) I like the price I got on my unit becuase it should appreciate when Epic Universe opens, but still the next 6-12months will be tough for cash flow. My hope is after Epic opens I can achieve close to $300 nightly rates or more for 2-3 years at a constant occupancy and see the unit appreciate. Let's see. 

@Kim Robinson Windsor Hills is a pretty sought after community for investors looking to be close to Disney with a premier community. The people that purchase in there generally know what they have and hold on for their price, I have made many offers on behalf of clients and the sellers just typically aren't motivated and that keeps the pricing pretty stable. The occupancy rates are higher than many other nearby communities because they have a  good inventory, amenities and proximity to the parks and the reputation keeps people coming back. I did have a client purchase in there just before The pandemic started and they completely redid the decor and theme. They have experienced good returns throughout the Summer. 

If there are some homes you are serious about, I can get us on a call with a couple of the property managers in there that offer some guarantees on occupancy. Happy to help so reach out anytime.