Finding and purchasing Orlando investment properties is a tricky thing even if you live in Orlando. Investment properties come in all kinds here and may have their uses limited by the county they are located in, the city or even the Home Owners Association where the property is located. For example Orange County is the county that Orlando is found in and Orange County restricts Airbnb style renting just about everywhere you can buy a traditional home. A professional local Realtor like we have can assist you greatly.
Yes we can and would love to assist you with any commercial real estate or any other type of Orlando investment properties. Most of our clients interested in Orlando investment properties are looking to purchase condos, townhomes or single family homes to place up for rent or lease. There are many vacation resorts where you can purchase these style properties and lease them for 24 hours or more. There are many communities where the properties must be leased for at least 6 months a year, there are some communities that have dates you are not allowed to stay in your own property. These are just a few of the questions which need to be asked before viewing or purchasing properties in a community for investment purposes.
In Orlando and some of the incredible cities near Disney like Windermere and Winter Garden investors purchase properties to lease them for one year at a time. There is a lot to be said for looking into this option. As we learned in the recent pandemic if Disney gets shut down short term rentals struggle unless they can lease the homes for 6months to 1 year at a time like in Margaritaville and several other resort communities. Since yearly leases are primarily long term residents who will ultimately purchase you would be less effected. We manage a great deal of houses/ Orlando investment properties for investors and the typical fee is around 8% of the monthly rent depending on what is required. At this present time we would highly suggest this option when considering Orlando investment properties.
Most of these style homes are in Kissimmee and Davenport which are south of Walt Disney World. You will see them covered thoroughly on the Orlando Vacation Homes For Sale page. We know all of the resorts very well and have assisted many buyers with their search and purchases. Knowing the right questions to ask is key and we know most of them by heart. One thing you may want to consider is purchasing a home in a traditional community that allows Airbnb style renting. There are plenty of these and this will most likely allow you to choose your management company or be your own property manager. Just keep in mind that sales tax may be required.
Many people are successful at purchasing and renting homes. You will most likely be also if you do not over extend yourself financially and simply ask the right questions about the home you are looking at. Contact us today for assistance with selecting the perfect Orlando Investment Properties to choose from.