RENTING YOUR UNIT

Quite often, you will want to utilize the services of the "on location management company" to rent out your unit. Monthly charges usually include pool, pest control, cable TV, outside lawn maintenance, and some even cover electric, water and sewerage. Many of the management companies charge as much as 55% to manage your unit, they send you a full accounting of all rental activities and a check for your share. 

MANAGING YOUR UNIT

Some owners like to manage their own units, and that's fine as long as you live close by. As much as some people want to make a huge profit renting their condotel units to the general public, the rule of thumb is that a "break even" at the end of the year is generally what you should expect, with the added bonus of utilizing your vacation rental unit for about 25% of the time. You can also expect to gain appreciation as time goes on, as long as your unit and the complex is well maintained and popular.

The Area's Unique RENTAL REFERRAL Program

Be sure to ask about a new service that O. Kheir, CDPE offers: It's a simple (1 page) rental referral agreement allows condotel owners to take advantage of our marketing leads. A potential renter (1 week or longer) sends inquiries to O. Kheir, CDPE through numerous resources and advertising campaigns. O. Kheir then sends these referrals to condotel owners who are signed up with the program. The owner retains a MUCH LARGER percentage of the rental income, and spend less on advertising throughout the year. Many owners have found that longer term rentals with fewer fees mean MORE PROFITS!

Ask about the rental referral program by phone at (386) 527-8492 or sales@TheNewDaytona.com

See one of O. Kheir, CDPE 's newest sites,
http://www.DAYTONA-RENTALS.com

If you have questions about condotels in the greater Daytona Beach Area, please don't hesitate to call me for my recommendations, and to meet your specific needs in real estate. With so many choices, be certain that you get the scoop on condotels before buy. There are some condotels that I RECOMMEND for various reasons.

CONDOTEL INFO
Make the educated choice by
giving me a call today. 
(386) 527-8492