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We want to help you:
ACQUIRE MANAGE & most importantly make your investment PROFITABLE.
COMPANY PROFILE
Camsun Vacations is a
property management company. Since its inception we have seen a
positive growth every year. Our business objective
is to provide fully furnished vacation rentals as a "hotel alternative".
Our properties are ideally suited for larger families who have more
discerning taste and prefer luxury they are accustomed to.
Our services include
Accommodations, Discount Tickets, Car Rentals,
Golf packages,
attraction packages in Orlando.
Management services for properties.
Real estate sales.
Our primary clientele consists of
Family vacationers, groups, FIT, family
leisure and corporate clients, seniors, and sports group.
We supply to travel agents, wholesalers,
corporate group planners, tour operators, corporate relocation, and
the retail clients.
Our client come from domestic and international
markets such as UK, Canada, US.
We are Camsun Vacations, established in 1992. Our primary goal is to
manage and rent vacation homes and condos in the very lucrative
tourist corridor of Kissimmee Florida. Our specialty is providing
"alternate accommodations" to the typical cramped hotel rooms.
Our clients have larger families, and like to have the creature
comforts of their own homes, even when vacationing. These clients are
affluent and are willing to pay good money for properties that offer
them the luxuries, convenience and quality all at the same time. Most
of the properties we manage are prime locations meaning the properties
are located within a 10 20 mile radius of Disney World/ Universal/
Sea World.
If you are looking for a vacation property to buy, or if you already
have made the acquisition and are looking for a reputable Company who
will give your investment the best chance to succeed and be
profitable, please give us try. We assure you that we will give it our
very best. We are located very close to most of these properties and
hence it allows us to give it special attention that it needs.
As you already know or will soon find out, the short-term vacation
rental market can be quite lucrative and this involves high traffic,
and in the absence of a careful and diligent caretaker, the investment
can lose its value and profitability very rapidly. Your property will
exhibit wear and tear that is beyond the norm of regular usage. Hence
you are well advised to have a professional to protect your
investment. Monitoring, maintaining, and renting these properties on a
consistent basis over a reasonable time will make your investment
provide you cap rates in excess of 10 15 %.
We welcome you to Camsun Vacations and hope you find us a good fit for
your investment. We will assure you that your will have our best
efforts and the endeavor is a successful for all of us involved.
With Regards
Jim Malak
President
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Our responsibilities to
homeowners include: |
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Maintenance
Day to day maintenance, on call maintenance,
periodic check of the property.
Day to day maintenance would include services that the property is going to
need on a daily, weekly, monthly or quarterly basis. Services such as pool
maintenance, lawn care, pest control are included here.
On call maintenance would be when there are guests in the house and problem
arise, we will get the problem resolved for you.
Periodic check are to ensure that things like furniture, fixtures, paint,
appliances, pool equipment, linens are in good condition. We offer you
suggestions as to what needs to be replaced and when.
Cleaning
Cleans are made every time there are guests
checking out from the property. We also perform deep cleans on the units and
carpet clean on a bi-yearly or need basis.
Bill
paying / account administration
You accounts setup is done when property is
taken over by us. Bills are received and paid on your behalf, state taxes
are collected and paid, your rental income is accounted, expenses and
disbursements for your property are all recorded on a monthly basis and a
report sent to you.
Rentals
We have a steady stream of bookings that we
place in several properties depending on the guest preferences, location
they have specified and lastly the quality of the home they are looking for.
The owners who do well with their properties are the ones who stay involved
and help generate bookings for their units. We see this relationship as a
team effort, where every one involved should do their part in bringing in
the business. We all work together toward a common goal and that is to keep
our investments fine tuned and producing the returns that we had expected
from them.
Our typical contract involves management of your property for a fixed
monthly fee. Even if your property is not rented in a certain month , it
will still need maintenance, and hence we charge a monthly management fee.
The rentals that we put in your property will be split at 70 / 30 split.
The rentals you or your associates will put in the property will be split
80/20 split
There are times when our business forecast calls for some guaranteed
rentals. This is a program where Camsun Vacations will take your property
for a predetermined length of time for a negotiated monthly rate. You as the
owner will always be responsible to pay the mortgage, taxes, insurance and
home owners association dues. We will pay you a fixed monthly amount for the
use of the property. As the risk factor is being shifted to our company, in
these situations, the monthly guaranteed is offered at lower rates than a
regular rental would be able to produce.
We hope you will take the time to review the enclosed figures and details.
We look forward to providing you with our services in the near future.
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Management Agreement
Parties : CAMSUN VACATION ENTERPRISES (CVE) AND THE OWNER OF THE PROPERTY
NAMED AS OWNERS IN THE AGREEMENT
Your account with CVE
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A deposit of $ 1000.00 is required to establish your account with
Camsun Vacation. This deposit ensures that we have adequate funds on hand to
get all the utilities services connected and to maintain the property and
pay for the fixed expense part of the program.
It will be the owners responsibility to keep
this balance to $ 1000 at any given time.
Owners are responsible for paying monthly, all
regular management expenses shown on the attached sheet. Plus cost of
utilities (services), repairs, replacements, home owners association dues,
real estate taxes, property hazard/content insurance and mortgage payments.
Authority of spending limit
CVE is authorized to execute repair,
replacement, or similar work up to a total of $ 300 in value, without
approval from the owner.
Exclusion to the $ 300 limit is when repairs are
needed in an emergency basis and needs to be attended to immediately, so as
to keep the property and its guest secure safe and habitable.
For repairs that require expenses that are above
the $ 300 limit, CVE will submit the proposal to the owner for their
approval, before obligating or executing the repairs.
Rental commissions:
You as the owner will be credited 70 % of the
total net rental. These credits are the income figures for your property
being net of all discounts and commissions to tour operators, travel
companies, accommodations booking agents and Camsun Vacation Enterprises.
THIS AGREEMENT IS MADE THIS __________________ DAY OF _____________
20________
The initial term of this agreement is for a period of twelve months,
beginning _____________________________ AND ending _______________________
This agreement will automatically renew at the end of the first and each
subsequent twelve months periods, unless written notice is given by one
party to the other, thirty days prior to the end of the previous twelve
month agreement.
The agreement is between Camsun Vacation Enterprises ( CVE) as the
management company AND ________________________________ , hereinafter
referred to as OWNER.
Whereas, CVE proposes to provide property and rental management services for
the real property owned by the OWNER (name) ______________________
And OWNER ACCEPTS services of the company for due consideration, for the
property located at
____________________________________________
Florida, hereinafter referred to as HOME.
SIGNED:
OWNERS : X________________________________________
X______________________________________
FOR CVE: X________________________________________
X_________________________________________
Date of execution: ______________________________________
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Fixed cost
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Condo
properties
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Homes w/ pools
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Management Fees |
$ 115 |
$135 |
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Pool services |
$ 0.00 |
$ 85 |
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Lawn Care |
$0.00 |
$ 75 |
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Pest control |
$ 30 |
$ 40 |
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Variable cost |
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Phone |
$25 |
$25 |
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Cable |
$50 |
$50 |
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Electric |
$ 80 |
$110 |
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Water |
$ 15 |
$25 |
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Home owners |
$ 160 |
$ 0.00 |
| Total Fixed Costs |
$ |
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Management fees include:
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Maintenance labor :
Hourly rate of $ 30/hour.
PLUS parts.
Rental commission:
30 % of the total rental.
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General day to day management.
Upkeep of property.
Bill paying.
Financial accounts.
Sales tax reporting.
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SPECIAL POWER OF ATTORNEY
I
________________________________________
Owner
of property located at _____________________________
Do
make, constitute, and appoint CAMSUN VACATIONS , THE MANAGEMENT COMPANY to
be my true and lawful attorney for and in my name, place and stead I give
and grant unto said attorney full power and authority to do and perform all
and every act and thing whatsoever requisite and necessary to be done as
fully, to all intents and purposes as I might or could do if personally
present, with full power of substitution and revocation, herby ratifying and
confirming that the said attorney or its substitute shall lawfully do or
cause to be done by virtue hereof. Camsun vacations shall be limited to the
performance of the regularly customarily acknowledge property management
practices, including, but not limited to, inspection and entrance onto the
property and engaging in transactions with utility companies.
________________________________ _________________
SIGNATURE PRINTED NAME
DATE:
___________________________
____________________________________ ___________________________
WITNESS PRINTED NAME
DATE:
______________________________
____________________________________ ___________________________
WITNESS PRINTED NAME
DATE:
______________________________
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HOME INFORMATION
PROPERTY INFORMATION
Address: ______________________________________
Subdivision: _______________________________________________
Property phone: _______________________________________________
OWNER INFORMATION
Home address: ______________________________________________
Home phone: ________________________ Home Fax: _______________________
Work phone: ________________________ Work Fax: _______________________
Private e-mail: _______________________ Work e-mail ______________________
Social Security number: __________________________________________
Tax Identification number: ________________________________________
Signature of OWNER/S
X____________________________________
X____________________________________
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FORM W-9
U.S. Citizens are required to sign an I.R.S form W-9, Which relieves the
management company from the responsibility of paying personal income tax, on
behalf of the owner to the IRS.
__________________________________________ ______________________
Camsun Vacation representative Title
__________________________________________ ______________________
Owner signature printed name
__________________________________________ ______________________
Owner signature printed name
DATED THIS DAY OF ________________ OF ___________________20_________
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Start up cost estimates |
| Start up setup |
$ 50 |
| Security locks |
$ 250 |
| Fire extinguisher |
$ 50 |
| Electric deposit |
$ 150 |
| Cable TV Installation |
$ 35 |
| Telephone Installation |
$ 35 |
| Water & refuse deposit |
$ 0 |
| Florida state DBPR license |
$ 275 |
| Florida state tax ID |
$ 5.00 |
| County short term license |
$ 45 |
| Total start up cost's |
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