Investing in Orlando Vacation Homes: What You Need to Know

Orlando Short-Term Rentals

Investing in short-term rental properties near Disney World can be a great way to generate long-term wealth. With its high foot traffic and vibrant tourist economy, Orlando is an ideal location for short-term rental investments. But there are some things to consider before you get started. In this article, we’ll review the most critical factors that will make or break your successful venture into the Orlando short-term rental market!

Consider Working With a Short Term Rental Specialist

As a real estate investor in Orlando, you want to make the highest return on your investment. Maximizing your ROI takes more than just buying property; factors like amenities and customer service and knowing the HOA and county requirements come into play, too. Luckily, an experienced agent specializing in short-term rentals can help guide you through the process and teach you how to maximize cash flow. They can also help you establish strong relationships with the best cleaners and contractors. These factors combined will help ensure steady cash flow over time! You can find a STR specialist Realtor at STR.guide.

Decide on a Location 

It’s important to research local zoning laws and short-term rental regulations before investing in short-term rentals in any market. In the Orlando market, Orange County doesn't allow short-term renting unless the property is a primary residence or a condotel. Investors looking to capitalize on theme park tourism should consider the surrounding counties such as Osceola, Polk, and Lake counties, as these areas have much more favorable short-term rental regulations, and many communities within these counties are specifically designed for short-term rentals.

Investors interested in short-term rentals in the Orlando market should focus on buying properties within a 10-mile radius of popular tourist attractions like Disney World and Universal Studios. These properties will have higher occupancy rates than those farther away from these attractions. 

Offer Resort Amenities

One of the best ways to boost cash flow in the Orlando market is by offering guests access to resort amenities. Many resort communities are designed to cater to vacation home owners and tourists. Resort communities offer amenities like lazy rivers, exclusive restaurants, golf courses, arcades, movie theaters, and more. Offering resort-style amenities to your guests will help boost your average nightly rate and occupancy! 

Unmatched Customer Service and Guest Experience is Essential 

Customer service is essential when renting out your property. It’s important to provide prompt responses to inquiries and requests from potential guests, as well as friendly and helpful assistance throughout their stay. Doing so will ensure they have a positive experience while staying at your rental, leading to better ratings and reviews on booking sites like Airbnb or VRBO. Enhancing the guest experience will help you attract more customers and maximize your revenue potential. 

Theming and Immersive Design Can Greatly Improve Cash Flow

In addition to providing excellent customer service, creating an immersive design with your rental listing can also help drive more bookings. Theming your property can add value by making it stand out from other listings, thus increasing the likelihood of repeat customers. Theming can also be a great way to offer something extra special for guests looking for an unforgettable experience during their stay.  

Why Investing in Short-Term Rentals Near Disney World Is a Smart Choice 

Investing in short-term rentals near Disney World can be a great way to make money while creating long-term wealth through real estate investments. There are many benefits associated with this type of investment, including high demand for rental properties due to its proximity to such popular attractions as Disney World, potential increases in cash flow through theming and immersive design, and increased customer satisfaction due to its excellent customer service options available through booking sites such as Airbnb or VRBO, for those looking for an investment opportunity that offers immediate returns and long-term growth potential, investing in short-term rentals near Disney World is worth considering!

Next Steps:

Connect with a Realtor at STR.guide! We have pre-vetted the top short term rental focused agents in the US to deliver you the most amount of value. That way, you can get the highest ROI with your investment property. Visit us at STR.guide/calendar today to get started!