Buy to let in Orlando - madness/reasonable?

Buy to let in Orlando - madness/reasonable?

Author
Discussion

AB

17,019 posts

197 months

Tuesday 31st October 2017
quotequote all
Happy to put anyone in touch with the guy who manages ours over in Kissimmee. He can probably answer any questions.

It's not a rental anymore and is used purely by family and friends as and when. One thing that ruined it for me was the fact that when we went over it didn't feel so homely due to all the signage etc etc around the house for H&S regulations. It felt like a rental house rather than a home.


Ayahuasca

27,428 posts

281 months

Tuesday 31st October 2017
quotequote all
Something else to think about:

Orlando is one of the worst places in the world for sinkholes suddenly opening up and swallowing houses.... one of them I saw on TV disappeared into the bowels of the earth with the occupant still inside... never found a body..

http://www.orlandosentinel.com/news/breaking-news/...

56 new sinkholes since mid -September!


Sheepshanks

33,040 posts

121 months

Tuesday 31st October 2017
quotequote all
AB said:
One thing that ruined it for me was the fact that when we went over it didn't feel so homely due to all the signage etc etc around the house for H&S regulations. It felt like a rental house rather than a home.
The signs saying the crockery might not be clean were certainly off-putting.

Knowing the US, it wouldn't surprise me if you need that stuff anyway - I think the pool safety measures apply regardless.

AB

17,019 posts

197 months

Tuesday 31st October 2017
quotequote all
Sheepshanks said:
I think the pool safety measures apply regardless.
There aren't any 'pool rules' stuck up there now so I don't think it does unless it shouldn't have been taken down.

Other problem, people don't look after short term lets, stains on carpets, marks on walls, things broken that go unmentioned. So you visit yourself and you're confronted with your holiday home in a sorry state.

Unless it's being run purely as a business and you're not going to want to stay there a few times a year I wouldn't bother.

Monkeylegend

26,581 posts

233 months

Tuesday 31st October 2017
quotequote all
Ayahuasca said:
Something else to think about:

Orlando is one of the worst places in the world for sinkholes suddenly opening up and swallowing houses.... one of them I saw on TV disappeared into the bowels of the earth with the occupant still inside... never found a body..

http://www.orlandosentinel.com/news/breaking-news/...

56 new sinkholes since mid -September!
The occasional hurricane is also a consideration.