The Short Term Rental Program
If you have decided on buying a vacation home in Orlando you may want to consider putting your home in a Short Term Rental (STR) program to help offset the cost of owning the property.
The job of the Property Management Company is to provide you with the services you require to oversee the daily management of your small hotel business.
Occupancy and Rate
Occupancy times rate = revenue.
Revenue minus expenses = profit.
Lets break that down.
Do The Bookings Convey?
One of the more complex items when buying a vacation home that is already in a rental program is the successful transfer of the business entity and the bookings that are in place. But do all the bookings convey?
Buyer Information | Owning a Vacation Home | Managing a Vacation Home | Financial Information | Foreign National Buyers