Hello,
I am glad to have found this site. My wife told me she "lurks" here all the time, but since I have a specific question and I dont know where to get this info, I registered and hope you all can help.
Our family goes to Disney every year, its almost like therapy for us. It refreshes the soul. Last year we rented a beautiful 4 bedroom home in Kississmee. Indian Creek was the development, this year we are doing the same but the home will be in a different community inside Kissimmee. It was great. For the price of a Disney hotel room we had a house with a pool, BBQ etc.
Heres the question, does anyone have any first hand experience in buying one of these homes as an investment in order to rent to others and of course use it when we go down ourselves. We spoke to a real estate agent that painted a rosey picture about the homes renting up so often that the income often covers the mortgage/ taxes and expenses and of course you get to use it when you wish, is an investment that appreciates and the tax advantages that real estate investments bring make it sound pretty good.
This agent advised us that because of the nature of WDW's all year round market and massive amount of foreign and domestic visitors coupled with the internet that allows viewers to see the home before they rent, it is a great purchase.
Anyone been here done this ?
Thanks
I am glad to have found this site. My wife told me she "lurks" here all the time, but since I have a specific question and I dont know where to get this info, I registered and hope you all can help.
Our family goes to Disney every year, its almost like therapy for us. It refreshes the soul. Last year we rented a beautiful 4 bedroom home in Kississmee. Indian Creek was the development, this year we are doing the same but the home will be in a different community inside Kissimmee. It was great. For the price of a Disney hotel room we had a house with a pool, BBQ etc.
Heres the question, does anyone have any first hand experience in buying one of these homes as an investment in order to rent to others and of course use it when we go down ourselves. We spoke to a real estate agent that painted a rosey picture about the homes renting up so often that the income often covers the mortgage/ taxes and expenses and of course you get to use it when you wish, is an investment that appreciates and the tax advantages that real estate investments bring make it sound pretty good.
This agent advised us that because of the nature of WDW's all year round market and massive amount of foreign and domestic visitors coupled with the internet that allows viewers to see the home before they rent, it is a great purchase.
Anyone been here done this ?
Thanks
