All Forum Posts by: Shawn McCormick

Hi @Jasniry Antelo Championsgate has alot of options in both single family and townhomes. Be careful as some parts are zoned for longer stays only (vistas). I would be happy to speak with you about any opportunities in there or a couple other communities with similar amenities and location to Disney that will provide comparable returns.

Let me know if you would like to talk.

Hi @Kayla Lee. You picked a heck of a time to look for multi family! I just ran a search for someone else this afternoon for duplexes and triplexes.

I went out 40 miles from Orlando (Lakeland to Deland pretty much). There are 2 under $200k, 9 from 200-300, 19 from 300-400 and 7 from 400-500 and 10 more over $500,000. So 47 total and I promise, most are in areas you likely wouldn't want to have your fist investment property in.

The market overall is very tight and people are practically fighting over anything that is decent. I am by no means trying to discourage you, but it is challenging at best.

I'm happy to schedule a call to go over some thoughts and ideas of our market and talk thru some properties to see what is important to you, what you should be looking for, what to avoid etc.

Hope this helps a bit, reach out if you would like to talk thru some things. Good Luck!

Hi @K F. congrats on your sale. I am currently helping several investors (many from Bigger Pockets) purchase STR in Orlando. Although there are other things that are attractive about the other areas you are considering, let me vouche for Orlando a bit.

• 1. Number #1 vacation destination in the World over 125 million people a year
• 2. Everyone knows Orlando because of the theme parks, you don't need to explain where Ft. Myers is as compared to Orlando or Miami....they just know
• 3. Insurance will be cheaper as we are completely land locked and whether or not you believe in Global warming or not, insurers do and charge you for it if you are near the ocean. (Hurricane season starts in about a week)
• 4. You can be in Daytona, NSB, Space Coast, Tampa all in about a hour, so we have beaches and theme parks.
• 5. Major airport with every International destination you'll need. Try flying into Destin from the UK or Hong Kong or Brazil.
• 6. We have dozens of communities that are zoned and deed restricted for the sole purpose of STR. These are resort communities with no chance of the city changing the rules of how you use them. They are built for this with full blown amenities (lazy rivers, restaurants, game rooms, clubhouses etc).
• 7. Every kid in the World knows about Disney and wants to come here, When was the last time you heard of someones kids asking to go to Bonita Springs?
• 8. We host so many youth sports tournaments, cheerleading competitions, golf tournaments, have an amazing convention center that brings in millions of people.
• 9. That should be enough to at least think about, happy to have a call with you to go over what the STR communities offer and answer some questions.
• Best of luck to you! Let me know if I can help with anything else!

Hi @Jordan Brant I'm here in Orlando and we have the same issue here with less that one month of inventory there are just no points of entry to get something at a deal. There is so much cash out there that people financing can't compete with, let alone a 'deal'.

Something to consider would be STR in highly sought after, year round markets. They are performing very well coming out of the pandemic and cash flow great. You can still scale these, but having the right PM is key to success.

Just a thought, if you would consider this, let me know and we can schedule a call to talk over options in Orlando.

Good Luck!

@Robyn Green Colleen Pacheco with Secured Insurance 407-725-3413. She is a pro, much of her business is with investors and she does land trusts, llc's, subject to's, vacant, rehab etc.

Hi @Erika Pucciarelli as a Realtor®, I have several photographer referrals. Depends on your budget, location and if you want drone footage, ability to virtually stage it with furniture, do you want/need Matterport etc. Obviously if you need the services of a Realtor®, I would be happy to consult with you on that as well.

Good luck!

@Luis Sanchez Rodriguez meetings are still online as of right now. I believe we’ll be meeting in person starting in June. The main meeting is the first Wednesday of the month and there are about 20 sub group and county meetings. Check out CRFI.net for more information and membership.

Absolutely, I love connecting people and it’s always a bonus when hearing back that it went well. Thanks and good luck!

@Kristin Synnott Orlando as a whole is growing very rapidly and it's hard to go wrong anywhere in the Metro area. You said you travel a lot, is that by air (I assume?) So would a location that is within a reasonable commute to MCO be good for you? Lake Nona is fantastic and the growth is tremdous and moving toward the Coast with the new area called Sunbridge. You would be fine anywhere near the UCF campus or even the Hunters Creek area if you want commutes under 30 minutes. Clermont, Winter Garden and even Apopka would be good choices for building appreciation and still have a good commute.

Your budget may determine what areas are going to be attractive enough, but the rental market is always strong here, so I wouldn't put too much weight on that for now since you plan to live in it for a couple years first.

Always happy to chat, just message me and we can set something up and see how we can help you plan or take action now! Good luck.

Hi @Niecyy Louis are you trying to do 'arbitrage'? I know a few people who are doing this successfully, but it does have challenges as some others have pointed out. If you are only trying to do it with apartments, you will likely be hard-pressed to find a complex that will allow it.

This works best when the market has an abundance of units and sellers have a tough time finding good tenants. You can offer a longer term lease, offer to make improvements to the property etc in exchange for flexibility in the lease terms to allow you to sublease. However, given the current climate of real estate, this may be tough to find.