VRS012 – Buying a Vacation Home with Confidence to Succeed - Erica Muller of The Flamingo Group - Vacation Rental Formula

VRS012 – Buying a Vacation Home with Confidence to Succeed – Erica Muller of The Flamingo Group

Orlando based realtor and vacation rental specialist, Erica Muller, is a powerhouse in the Florida real estate market. Her new e-course “Everything you wish you knew about buying a vacation rental home” is a comprehensive and content packed guide for anyone considering buying a property from a distance.

tweetTweet: Find a #realtor that understands the #vacationrental market @cottageguru @RealEstateFL http://ctt.ec/c6Lxo+ pic.twitter.com/pWUIlBqcN4

In Episode 4 of Vacation Rental Success I talked to Lisa Presley Sedore, a  Canadian who had bought a villa in Orlando and in a short space of time had achieved near-maximum occupancy.  Lisa since bought a second property in the same area to which she’s applying the same success strategies.  She credited much of her initial success to her good choice of property and the relationship she had with Erica, her realtor. I wanted to find out what makes this dynamic mom the go-to person for potential near-Disney buyers.

Since I’m looking at property to buy in the Bahamas, I found a lot of the information in the ebook useful for my purchase plans so I wanted to explore some general issues relating to buying property from a distance.  In this episode we cover:

  • The state of the vacation rental market in Florida and the impact of the growth of tourism  on the realty sector
  • What questions buyers need to ask about location before they search for property
  • The costly mistakes potential buyers can make
  • Short term rental restrictions and how to find out if they will affect an area of interest
  • The benefits of an HOA
  • How to find a realtor that understand the vacation rental market
  • Why ‘running the numbers’ is the most important part of the buying process
  • What time of year is best to take a viewing trip
  • Why it’s important to find a good property management company
  • What new elements are making floor plans attractive to the vacation rental market

We again have a great chance to get an amazing resource for our listeners for free!

Erica mentions a planning tool that takes all the numbers on outgoings and potential rental income and delivers a bottom line figure so you can get a good idea of your projected return on investment.  She will send this to anyone who emails me at heather@vacationrentalformula.com  and includes the keyword I mention at the end of the episode.


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