BUY A PROPERTY IN ORLANDO TO RENT ON A SEASONAL OR MONTHLY BASIS?

I often get this question from investors who still don't know which investment option is best for them.

Vacation rentals in Orlando.

I always say that vacation property is an investment for a bolder profile, like shares.

Why is that? Because as the name implies, it's a vacation rental property. In other words, there are seasons when it can give you a good income, and seasons when the rent isn't so strong.

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The flexibility of vacation homes is an advantage when it comes to making more money.

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But the calculation you have to make is the annual income, because if you calculate it on a monthly basis, the figures for some months may not be satisfactory.

When we're talking about vacation homes, we have to remember that we're in ORLANDO. Where all nationalities and cultures travel WANTING TO SEE MICKEY.

What I mean by this is that we can't just consider the Brazilian high season, because the whole world comes here. While one season is heated up by the Brazilian vacations, other times of the year are heated up by American, Chinese, Canadian, etc. holidays. There are always lots of people visiting the city.

Like shares, because they are more "risky", vacation rentals have a better chance of making a profit.

By renting on a daily basis, you can set different rates depending on the week and even the day. This gives you the chance to earn more when you look at your annual turnover.

However, for your vacation rental to be profitable, there are important and fundamental points that you need to consider. I'll talk about them in this article.

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Houses for monthly rent in Orlando.

Investing in houses that can be rented out for a long period of time, with contracts that are usually annual, the monthly amount paid is fixed.

This makes your income predictable but fixed. An investment for a more conservative profile.

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Monthly rental houses guarantee you a fixed and constant income.

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Once you've agreed the monthly rent with the tenant, that's what you'll receive every month.

Of course, there are some maintenance costs that may occur along the way, but generally, if the property is well looked after and managed, these extra costs are minimal.

So for the investor looking for that security, this is a good point.

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Fixed and variable costs: SEASONAL RENT X MONTHLY RENT

Other differences between investing in a vacation home and investing in a home for monthly rent are the fixed and variable costs.

In a holiday home, the costs of energy, swimming pool, water, which are variable costs, and community, IPTU and insurance, which are fixed costs, are the homeowner's costs.

As for the monthly rent, the variable costs are all the tenant's and the fixed costs of community, IPTU and insurance are the landlord's.

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Investors need to weigh up the characteristics of each investment to decide what is best for them.

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Another point is that in vacation rentals, you have to furnish the house in the most comfortable, attractive and complete way possible, as if it were a hotel.

While annual rentals do not require furnishing.

However, I have many clients who come to Orlando frequently and want to stay in their own properties without having to pay for a hotel.

So that's another difference.

With vacation rentals, when you come to Orlando, you can block off days and stay in your own home.

In the case of monthly rentals, not only is the property unfurnished, but you can't remove the tenant in the middle of the contract because he's coming for a vacation.

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Bruna, which one has the best return on investment?

This is a very delicate subject to talk about in general. I need to know the type of property, number of rooms, location.

In my consultancy, we'll understand what you're looking for in terms of return and what your investment idea is, and then try to come up with the best product.

I always say, THERE IS NO BAD PROPERTY, THERE IS A PROPERTY THAT DOESN'T FIT YOUR NEEDS.

My team and I know the market in detail and will present you with the best options according to your needs.

Get in touch with us. It will be a pleasure to talk to you!

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I invite you to watch my video "BUYING A PROPERTY IN ORLANDO FOR A SEASONAL OR MONTHLY RENTAL?"