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Updated almost 4 years ago on . Most recent reply

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2
Posts
2
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Gilvina Stephanie
  • New to Real Estate
  • Charlotte NC
2
Votes |
2
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How to know where to invest in real estate

Gilvina Stephanie
  • New to Real Estate
  • Charlotte NC
Posted

Hello there! I’m new to the whole real estate investing world. I am planning to move to Orlando but I was wondering how to know if Orlando is a good place to invest. I’ve found homes for very cheap in Orlando but Im also thinking.. maybe it’s because the market isn’t that great.

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36
Posts
25
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Raphael Abreu
  • Real Estate Agent
  • Miami, FL
25
Votes |
36
Posts
Raphael Abreu
  • Real Estate Agent
  • Miami, FL
Replied

Hi Gilvina! In my honest opinion the state of Florida, especially in Orlando is a great location to invest in.  I'm a realtor in New York and it seems like all of my friends and family are either moving to Orlando or considering moving there someday.  Florida is a no state income tax state which incentivizes businesses to move down there and it is very enticing to folks who don't want to give more money to Uncle Sam.  Most of Florida is landlord friendly which is going to be very important if you are looking to invest.  The job growth and population growth is also up the charts.  Last time I checked 19 of the Fortune 500 companies are headquartered there too.  They have a pretty robust economy and I think it'd be great to invest in Orlando.  I actually have a friend who is a Realtor/Investor in Orlando! Her name is Tanin & she would be more than happy to help you reach your goals. I'll be shooting you a dm.

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