posted by orlandovacationhome on Dec 29

Bike Week in Daytona Beach Florida this year is February 27^th to March 8^th 2009.

Bike week is now a global phenomenon attracting over 500,000 bikers. Due to the limited number of Daytona hotels, renting a room in the area can be an expensive affair. Many bikers visiting the Daytona area will stay at least in part in the Orlando area as the hotels tend to be more affordable.

For those bikers particular about their bikes, renting an Orlando vacation home may make perfect sense, as these homes typically offer full garages to overnight your prized possessions.

Bike Week Daytona Beach 2009

posted by orlandovacationhome on Nov 15

Cheap Orlando Vacation Homes

Expect the Orlando vacation home rental rates to drop further for the following reasons:

1. Many current owners are now cash strapped and are willing to rent their homes for less
2. As the recession sets in, less people are visiting driving demand down to rent these homes for their Orlando vacation. Please see our POST on this topic.
3. There are large amounts of these vacation villas entering foreclosure and are being picked up for a fraction of their original price, thus the new owners can rent them out more affordably.

Many of these expansive villas can now be rented at a lesser price than most cramped hotel rooms.

Don’t be afraid to shop around for vacation villas in Orlando, and feel free to ask a lot of questions. Remember, all vacation villas and vacation home management companies are not created equal, so do your homework.

posted by orlandovacationhome on Oct 31

We think good Vacation Home Management includes, but is not limited to:

1. All rental mark ups are fully disclosed to owners
2. All repair costs are fully disclosed in detail
3. Accounts can be accessed on line at anytime to see all bookings, fees and revenues
4. Any conflicts of interest are always fully disclosed by the managing entity
5. The cost of property maintenance is clearly broken down
6. The ability to opt out of the management agreement at any time
7. Quality assurance scores and complete inspection photos are disclosed monthly
8. Quarterly contacts to go over the scores by the manager
9. Realistic estimates formulated on the level and type of rental income the home can generate
10. Enabling owners to escrow for capital (major repairs) in an account the owner controls

Please see our other blog posts for additional tips and suggestions for choosing a vacation home management company.

posted by orlandovacationhome on Oct 12

Renting an Orlando Vacation Home Rental in the Foreclosure Crisis - 10 Tips

Orlando vacation home foreclosure

Renting an Orlando Vacation Home - In Foreclosure?

1. Try and book the home rental as close to your travel date as possible.
2. Ask if the home you are reserving is behind on its mortgage
3. Ask how many homes in the subdivision have been abandoned
4. Ask what percentage of the development you are staying in contains vacant lots
5. Ask if the community facilities have been completed
6. Ask what percentage of homes in the community have overgrown lawns
7. Pay by credit card only
8. Use a reputable rental management company. If a home they manage is repossessed, they have others.
9. If booking direct from an owner, you must be able to verify the rental home will not be repossessed by the bank by the time your stay comes around.
10. If in doubt, keep asking questions. There are hundreds of management companies handling rental homes - so pick a good one!