- luxury villas

How to Get Big Vacation Rental Returns With Simple DIY Hacks

Posted by Team Donovan on March 28th, 2018

Your Kissimmee vacation rental home is an investment that can lead to big returns. But you need to keep your home updated and equipped with the amenities that renters expect if you want to achieve long-term success.

Thankfully, there are some simple do-it-yourself (DIY) improvements you can make that won’t eat into your vacation rental profits. 

The following hacks will keep your property looking great while giving renters plenty of reasons to return to your vacation home. 

Start With the Details 

It’s easy to overlook the small details when maintaining your vacation rental home. But your home’s interior and exterior make a big difference in its appeal to your guests. 

Paying attention to things like paint, crown molding, fixtures, and…

Why Should Vacation Home Buyers Care about REOs?

Posted by Team Donovan on March 30th, 2016

Are you in the market for an Orlando vacation home? If so, you may have come across a listing on a real estate website like Team Donovan’s that says the home is a bank owned / REO property. REO stands for Real Estate Owned, which means the home has been foreclosed upon and repossessed by the lender (which is typically a bank).

Foreclosure processes vary by state, but the end result is the same. After a bank forecloses on a property, they place the home into their inventory of real estate owned. At this point, federal agencies such as Freddie Mac, Fannie Mae or HUD (Housing of Urban Development), may have to settle with the bank if there was some type of guaranteed loan involved. It doesn’t matter whether these agencies or the bank own the property,…