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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
:
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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