Disney vacation homes for sale can be a wise and profitable investment. Disney vacation homes can be leased out in a variety of ways. There is the short term Air BnB style renting and of course leasing homes for up to one year at a time. Some people do this successfully while others struggle or fail. Although we cannot guarantee your success we can definitely provide you with some experienced honest guidance that can start you off at least aimed for success, and possibly profit to boot.
People buy Disney vacation homes for a reason. Usually although not every time they plan on using the home themselves periodically. Others like most of our clients lease the homes yearly and plan on selling them after they have built up equity or someday retiring to Florida. To see individual resort pages, information about them and the resort homes for sale in each click the Resort Communities List.
When buying Disney vacation homes for sale you will not hear these things from most people. They are some of the most common things learned and often to late in the process. We want you to be set up for success, it can be done there are just things to consider and choices to be made.
Orange County Florida does not allow short term leasing except in very few places. Just don't plan on buying a traditional home here if that is your goal. try Osceola or Lake County which both allow it. However Orange County is an excellent place to buy and lease homes yearly. We highly recommend Horizons West and the Dr. Phillips area of Orlando.
Keep in mind some of the Home Owners Associations also have restrictions. They may include short term leasing only in specific parts of the community. This is normal in communities like in ChampionsGate. They may require you to use specific management companies. If you manage yourself or use your own management company make sure your tenants will be able to use the community amenities.
Usually if there are two or more recommended options they are very competitive. However ask how they schedule the order the leasing of the homes. Are they by the tenants preference or in a specific order determined by how long they have been in waiting.
If you plan on purchasing a second home and you may "just possibly" be deciding to lease it later here is an important tip. Some of the most popular local communities for short term leasing only allow you or your family to reside in the home for certain periods. The homes in these communities must be leased. Your lender will absolutely know this before the closing. You will not be able to get the best lending rates and the amount you must pay down on the home will likely be higher.
Believe it or not I know of one home which grosses over $400,000 per year. It leases for $10,000 to over $20,000 per week. This home will also cost you millions of dollars to purchase, has 14+ bedrooms and over 10,000 square feet. Not the typical but a real home and really leased. There are plenty of wealthy people in the world who visit this area.
There are a wide variety of options here. You have plenty of resorts like Reunion Resort, ChampionsGate or Westside. People also purchase homes in traditional communities and lease them out either short term or long term. I advise not using a gated community for short term rental unless it is a resort. If you are looking for homes to lease yearly then my advise is to look in Dr. Phillips or Horizons West.
As you can see we actually want you to make a good decision. We want you to know the rental history of the homes, the community restrictions and pros and cons. People do make money at this and some actually do very well. One thing you can benefit from is professional assistance. That is where we come in. Call us or email us and let's get you started on the right path, the path to success with one of the Disney vacation homes for sale.