You Have To Love The Location, Say These Owners Of
Orlando Florida Villas
by: David Leonhardt
It has been said that in real estate there are three things that count
the most: location, location and location. I recently discovered how
powerful this concept can be.
Not long ago, I wrote an article about owning a vacation rental and
what to consider before making the plunge ( http://www.seo-writer.net/clients/villa-ownership.html
). Like every decision, there are pros and cons, and it also depends on an
individual's temperament, comfort with risk and many other factors.
I asked a few dozen villa owners who were listed at an Orlando Florida
villas rental listing site at http://www.lastminutevillas.net
why they had chosen villa ownership and what cautions or advice they would
offer somebody considering a Florida vacation rental.
What struck me, however, was how most of the vacation rental owners I
interviewed offered more comments on why they chose Florida as a location,
than why they chose to be a villa owner.
In other words, the location more than the occupation inspired villa
ownership, and that location is Orlando, Florida. Considering the
battering Florida had recently taken by one hurricane after another, this
struck me as kind of odd. So I picked up the phone and called Stewart
Granville, owner of the listing site.
"It's late Fall and I'm sitting out here in my shorts. Do I need
another reason?" he asked. "How are you doing up there?"
"Uh...let me just go get a sweater," was all I could respond.
To give you some idea of how important it for a vacation rental
property owner to fall in love with the location, here are just two
samples of what some villa owners told me:
"When we are driving back to the airport in Florida we never want
to leave," says Michelle Prince, owner of Secret Key Villa in
Kissimmee, Florida ( http://www.lastminutevillas.net/villa/166/
), adding "It was something we have always wanted to do since taking
a Christmas break in Florida every year."
"I believe that to feel that you wish to buy property in Florida
you must think further than 'Profit'," says Dave Gordon, owner of
Lindisfarne Villa in Orlando ( http://www.lastminutevillas.net/villa/89/
). "I sincerely believe that most foreign villa owners have the 'feel
good' factor themselves and buy because they want to return time and
again…if they make a profit…what the heck!"
Of course, no business venture should be run on the off-chance of
making a profit, but every business venture should be a labour of love,
and few require as much love as the tender nurturing of vacation rental
homes.
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