All Forum Posts by: Jessica Frasier

Thank you all for your responses!

I have been thinking about this for a long time and I am currently in the process of "doing my homework". I love hearing the pros and cons of vacation rental. 

Thank you, @Peter R. for replying. I'm glad to hear your preference is vacation rental because I've only ever heard of people handling long-term rentals. You're right that I may not end up in that particular community, but I will continue to do research and take my time to find a property that makes sense. 

@David Faulkner Thank you for your input. This gives me a better insight for future planning. I am currently working to research regulations in the area and continue to crunch some numbers to make sure the investment makes sense for me.

Hello! I just discovered BP and am excited to learn from like-minded people!

I live in Virginia but I am hoping to invest in my first rental property, a vacation home around Disney World. I know there has been debate with long-term vs short-term rentals and I still haven't decided which would be the best option. If I choose the short-term rental path, I would want to find an excellent property manager who specializes in vacation rental. I would be looking to purchase a property in the Villas at Seven Dwarfs Lane or a neighboring community with similar amenities. My budget is around $130K. Because this is my first investment, a part of me feels like I should keep it simple and purchase a property intended for long-term lease. I'm looking to purchase in the next 6-9 months. 

Can anyone offer insight on vacation rental vs long-term rental? I understand vacation rental is more cost and effort, but it would be quite the adventure. I'm looking to connect with investors/property mangers/realtors in the area.

Thanks!