We gathered the most common questions from homeowners and investors managing (or want to manage) his holiday home in Orlando with Home Vacation Group. If your question is not here, please contact us by WhatsApp and we will answer in Spanish.
Costs and fees
1. How much do you charge Home Vacation Group to manage my property?
We charge a fee fixed at 15% on the bookings generated, no hidden costs. It is one of the most competitive rates in the area and, unlike other companies, we do not add margins surprise: you know from the first day you exactly what you are going to pay, and on what.
2. Does the 15% includes the cleaning and maintenance?
Our service is full-service: we coordinate the cleaning between stays and preventive maintenance and emergency as part of the management. Unlike the models are semi-managed, you don’t have to hire or to coordinate suppliers for your account from abroad.
3. Are there any hidden costs or additional charges?
No. We work with total transparency: the 15% is our fee and we’ll deliver reports clear of income and expenses each month. Our goal is that you can use to calculate your real return without surprises or small print.
4. How and when do I receive the profits of my property?
Your net winnings are deposited monthly into your bank account, accompanied by a detailed report of income and expenses. We use accounting systems are transparent and accessible, so you always have full visibility of what goes in and out.
5. How much can you pay for a holiday home in Orlando?
Depends on the community, the size of the house, the amenities and the management. Areas such as the Kissimmee and Davenport are among the most profitable. Request a cost-effectiveness analysis free of charge and we give you a projection with custom numbers for your property.
Service and operation
6. What is included in exactly the administration?
We take care of everything: marketing and publication on Airbnb, Vrbo, Expedia, and Booking; dynamic pricing; attention to guests; cleaning; maintenance; compliance tourist tax; and monthly reports. A model 360° so that you do not have to operate anything.
7. In what areas of Orlando operate?
We operate in the Orlando metropolitan area, mainly in Orlando, Kissimmee, Davenport and Clermont. We manage vacation homes, townhomes and condominiums. Contact us if your property is in another area nearby.
8. What type of properties managed?
We manage vacation homes, townhomes and condos in communities zoned for rent short. We work with homeowners who already have their house as investors who are buying and want advice on what property it should be.
9. How to manage the check-in and check-out of guests?
Yes. We coordinate the entire cycle of the host from the reserve and the consultations prior to the check-in, check-in, check-out, and reviews. Our goal is a five-star experience that results in the best reviews and more bookings.
10. How to optimize the price of my property?
We use tools of dynamic pricing and local market analysis to adjust the rate per night according to the actual demand: high and low season, events, parks, and behavior of the competition. The objective is to maximize occupancy and revenue throughout the year.
11. What happens to my property, in the low season?
The low season is managed with a strategy of pricing and promotions to maintain the occupation. Orlando has touristic demand throughout the year thanks to the parks, which helps soften the seasons low compared to other destinations.
Language and remote management
12. Do they take care of in Spanish?
Yes. The care, advice and reports are in English. We were born to the investor Latin american, so you don’t need to handle English to understand what happens with your investment or to resolve any issue with your property.
13. How can I manage my home from my country without traveling?
Yes. The majority of our customers live outside the united States and manages your property completely at a distance. We take care of all the local operation in Orlando; you only get your reports and your monthly deposits.
14. How do I see the performance of my property?
We deliver monthly reports are clear income, expenses, occupancy and comments from guests. So you have total visibility of your investment month-to-month, without relying on phone calls, or having to pursue the information.
15. Can I use my home when you want to?
Yes. You can book your property for personal use in the dates of your choice, provided that there are no bookings active. What you manage easily through our platform or by contacting our team.
16. What happens if there is an emergency maintenance and I’m not?
That is why we are us. We have a local team that responds to emergency maintenance and attends any problem of the property or the guests at the time, without you having to intervene from your country.
Legal, tax and investment
17. How can I invest in Orlando if I’m not a resident of the usa. UU.?
Yes. Foreigners can buy and rent properties in EE. UU. without being residents or citizens, and without a special visa. You just need to structure well the purchase, process an ITIN for your taxes and have a manager to manage the property.
18. Do I need an LLC or can I buy it my name?
Both options are valid. Buy your name is more simple; an LLC provides wealth protection and benefits in the planning of inheritance. Many foreign investors choose the LLC. We recommend to check with an accountant before you decide.
19. What is an ITIN and why do I need it?
The ITIN is a tax id number for those who do not have Social Security. What you need to declare the income on your income with the IRS. You can arrange from your country with the help of a registered agent.
20. What tax payment as a foreign owner?
You pay federal tax on the utility of the income, and you must collect and remit the sales tax for Florida (6%), and the cheap of the county. Florida has no state tax on personal income. To sell withheld FIRPTA.
21. Do I need a license to rent short term in Orlando?
Yes. Florida requires a license for vacation rental DBPR if rents for periods of less than 30 days more than three times a year. In addition, the area should allow for rent short. We guide for you to comply with all the requirements.
22. What is the difference between Orange County and Osceola County to rent?
Orange County prohibits the rent short in the majority of residential areas; Osceola County (Kissimmee), allows in many communities designed to do. That is why the majority of investments holiday viable near Disney are in Osceola and Davenport.
HOA and community
23. Can I rent my house if my HOA has rules?
It depends on your community. The HOA can allow or prohibit the rental short of its statutes, even where the county allows it. It is essential to review the documents of the HOA before buying; we will help you to verify it.
24. What is an HOA and how does it affect my investment?
The HOA (homeowners association) manages the community and collects fees for amenities and maintenance common. Their rules may affect whether you can rent to short-term, so that directly impacts the viability of your investment as a holiday.
25. Do the fees of the HOA out of my income?
Yes, the fees of the HOA are an expense of the owner and the reflect in your monthly reports. To calculate your net profit, we include HOA, maintenance, and our fee for you to see your actual utility.
Confidence and change of company
26. How do I know that I report all the income?
With total transparency: you get a report monthly detailed income and expenses, and use accounting systems accessible for you to verify each reservation. Our model is based on the long-term confidence, not in collections surprise.
27. Can I switch to Home Vacation Group from another company?
Yes, and we guide you through the entire process in Spanish. We coordinate the transfer so that your property is not left without management, and help you to your ads and reviews left your name whenever possible.
28. Do you have success stories from other owners?
Yes. We have helped homeowners —many of them american— to increase occupancy and revenue of their vacation homes in Orlando. Ask for examples and a projection for your property in your profitability analysis free.
Do you have any other question? Write us by WhatsApp and we will answer in Spanish, or request your cost-effectiveness analysis free to find out how much you could generate your property in Orlando.
