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All Forum Posts by: Jay Breitlow

Jay Breitlow has started 1 posts and replied 130 times.

Post: Looking for a recommendation fro an investor friendly realtor

Jay Breitlow
Posted
  • Property Manager
  • Orlando, FL
  • Posts 136
  • Votes 84

@Shawn McCormick is your ace.  This is his specialty and all he does.  He's also personable and easy to talk to.  I will never forget when i first got into the market he gave me hours of his time to educate me.  

Post: STR (AirBnb/VRBO) Orlando—First Time Investor

Jay Breitlow
Posted
  • Property Manager
  • Orlando, FL
  • Posts 136
  • Votes 84
Quote from @Ankur Yadav:

@Jay Breitlow thanks for your response. If you can please share the map, would be very useful. Thanks.


 ok just send me your email in a direct message and i can fire that off for you

Post: STR (AirBnb/VRBO) Orlando—First Time Investor

Jay Breitlow
Posted
  • Property Manager
  • Orlando, FL
  • Posts 136
  • Votes 84
Quote from @Ankur Yadav:

@Amit 

@Amit Desai

I am looking to invest in Orlando STR as well. Was wondering if I can get some info/feedback about the market from you? Thanks in advance.

 @Shawn McCormick is a great resource and def someone to connect with asap. he will guide to to the deal RE deal as that is what will generally grade out your ROI. happy to send a STR map of the area also gents.

Post: Short Term Rental opportunities in Kissimmee, FL

Jay Breitlow
Posted
  • Property Manager
  • Orlando, FL
  • Posts 136
  • Votes 84

Good Counsel here @Michael Stoyanov.  Well said.  Altho the data I am seeing internal and via external sources in Orl on 6+ sized homes here is not trending well at all. 5BR and 4BR are showing better resilience... Subject to change but seeing the new inventory massive at 6BR+ and smaller travel parties i suspect the primary driver.

Post: Analyzing STR Orlando

Jay Breitlow
Posted
  • Property Manager
  • Orlando, FL
  • Posts 136
  • Votes 84
Quote from @Michael Baum:

Hey @Chris McClellan. I agree with @John Underwood on using the enemy method to figure out the possibilities.

I have to counter @Tony C. on Evolve. They take 10% for the easiest part of the job. They don't have the best reputation. You are better off doing it yourself. Do a search here on Evolve and you will find a ton of info.

Also, use VRBO in addition to AirBNB for your comps. VRBO is a huge platform, especially for whole home rentals.

Reach out to @Shawn McCormick as well. He is very knowledgeable about the whole area. He can give you some guidance and help find a property that will perform. It isn't easy in that market.

 Agreed, reach out to @Shawn McCormick asap. great guy and very knowledgeable. 

Post: Analyzing STR Orlando

Jay Breitlow
Posted
  • Property Manager
  • Orlando, FL
  • Posts 136
  • Votes 84
Quote from @Emily Anderson:
Quote from @Chris McClellan:

All:

Brand new to BP Pro! I started my first STR in Orlando 2021 which was a SFH within a resort, I found what I thought was good deal, and I didnt do a pile of great research, but have been lucky and its doing well! I definitely learned from some mistakes i made and some bad assumptions with regards to rental income as it can very throughout the year. What's the best way I can really determine an estimate of rentals since they are short term? Who are some really reliable property managers in the Kissimmee/Reunion area? Maybe there are other areas in Southeast US others recommend. Thank you!


 Hi Chris, 

Not in investor in Orlando, although I thought to share with you the software I use to assess if an area has demand for STR, or not.

I analyze vacation rental markets using Onera's STR market data. I found it way more reliable than AirDNA, and they have some free reports, although I am not sure if Orlando is in their free version.

You can find them here: onera-group.com

Hope it helps


 I agree Airdna is very skewed data.  I always pull from multiple sources.  

Post: Analyzing STR Orlando

Jay Breitlow
Posted
  • Property Manager
  • Orlando, FL
  • Posts 136
  • Votes 84
Quote from @Chris McClellan:
Quote from @Shawn McCormick:

thank you @Michael Baum

Hey @Chris McClellan Welcome to Pro! Guessing you paid a good amount based on when you bought, but interest rates were low. Depending on what resort you are in. As others have mentioned, the enemy method. But since we have 10's of thousands of units and they are all over the place from the mundane to the over the top. 

So you will need to take that into consideration. The more unique and special, the more you can command per night and not get sucked into pricing wars. Also the resorts amenities will come into play, and your homes location to the amenities. Some resorts have multiple phases and guests MUST drive thru two sets of gates to get to them, as opposed to others that can simply walk there. 

@Jay Breitlow with Grand Welcome PM, can perhaps take a deeper dive based on real data. Glad to hear you are doing well as many took a hit last year. Let me know if I can help in any way!

Best of luck

 Thank you for the information.  Correct, last year not as great.  I will reach out.  My first place is in Reunion Resort.  And yes, has to "themed" out in order to garner more attetion.  I was limited to certain PMs. Looking for something different in the region of Orlando.  


 Happy to connect and talk top line Chris :) give a ring anytime today

Post: Property Manager in Orlando

Jay Breitlow
Posted
  • Property Manager
  • Orlando, FL
  • Posts 136
  • Votes 84

Hi Dave happy to connect! :) Please reach out anytime. BTW The MTR market and even the LTR market in the area is incredibly slow. The STR market is well known and for sure dipped but starting to see some good data surface now. Drop a line anytime and i'll send u data on 4 corners

Post: The Introduction of Me

Jay Breitlow
Posted
  • Property Manager
  • Orlando, FL
  • Posts 136
  • Votes 84
Quote from @Dane O Stewart:

Thank you Jay, I appreciate it!


 send me an email i need more insurance folks :) 

Post: The Introduction of Me

Jay Breitlow
Posted
  • Property Manager
  • Orlando, FL
  • Posts 136
  • Votes 84

Welcome Dane! Happy to have you in the community!