All Forum Posts by: Valentina Calla

Hey Trent! For my clients, I usually call the county's planning and zoning department to confirm they allow STRs, and you also have to double-check if the community is an HOA that allows it as well. Feel free to reach out if you have any more questions!

Hello Grant! I would definitely consider Florida. If your goal is quicker cash flow you can opt for STR in the Kissimmee/Davenport area (closest cities near Disney that permit STR), or you can invest in partial short-term rentals (6 months or so) near the beach for snowbirds. There is also a lot of opportunity in the Tampa market, it was voted the number one growing city in the country last year! A lot of people are moving to Florida ever since the pandemic so anywhere you decide I am sure it will be profitable. Feel free to contact me if you have any questions!

Hello Sachin! I am an investor-friendly agent that also invests with my team in the Central Florida area (mainly fix & flips). Feel free to message me so we can schedule a call to discuss your investment goals!

Hey William! Honestly, multi families in Orlando are hard to come by. In my experience, you will have better luck in areas like Tampa, Lakeland, Winter Haven, Sanford, etc. The best thing you can do is to work with an investor-friendly agent that can find properties and run the numbers for you to make sure you will profit. Good luck and feel free to reach out if you have any more questions!

Hello Melanie! Are you a first-time homebuyer? If so you may be eligible for an FHA loan but you would have to occupy the property, you could opt for multifamily and live in one unit while using the other unit as an STR. I have worked with a lot of new investors that don't have 20% down and have gone with this approach.

Hello Gurneet! Honestly, as a new investor, I would think about working with an investor-friendly agent to find my first investment. Ideally, one that invests themselves. They will help you find the right deals, analyze them and negotiate on your behalf. They usually also have first dibs on off-market deals due to their connections. Feel free to reach out if you have any other questions!

Hello Shannon! I would definitely consider Florida. If your goal is quicker cash flow you can opt for STR in the Kissimmee/Davenport area (closest cities near Disney that permit STR), or you can invest in partial short-term rentals (6 months or so) near the beach for snowbirds. There is also a lot of opportunity in the Tampa market, it was voted the number one growing city in the country last year! A lot of people are moving to Florida ever since the pandemic so anywhere you decide I am sure it will be profitable. Feel free to contact me if you have any questions!

Hello Leslie! I would definitely consider Florida. If your goal is quicker cash flow you can opt for STR in the Kissimmee/Davenport area (closest cities near Disney that permit STR), or you can invest in partial short-term rentals (6 months or so) near the beach for snowbirds. There is also a lot of opportunity in the Tampa market, it was voted the number one growing city in the country last year! A lot of people are moving to Florida ever since the pandemic so anywhere you decide I am sure it will be profitable. Feel free to contact me if you have any questions!

Hello Sean! I think the best route you should take is to find an investor-friendly agent after you decide what area is best for you. They will help you find and calculate which properties will be a good investment. For example, I work with multiple out-of-state investors looking for STR in the Disney area. I send them detailed virtual tours, run comps, and help them calculate their ROI for each unit to see if they will have decent cash flow. A majority of out-of-state investors would never see their properties, they would just rely on their agents and property managers to be their eyes and ears.

Hello Batool! I agree with @Louis Zameryka, you can't go wrong with Orlando. I work with multiple out-of-state investors looking for STR in the Disney area. The areas that allow STR near Disney would be Kissimmee/Davenport. Even with multiple people investing in this market, the occupancy rate for this area is still about 79%. The key is to make your rental stand out among the hundreds on Airbnb/VRBO. I would highly recommend getting a property manager for any location you choose as STR are very high maintenance. Feel free to reach out if you have any other questions!