ORLANDO, FLORIDA RENTAL MARKET: 101

[R. Wade Williams]

Hello, I'm Wade. I'm a real estate investor currently invested in Maryland but I want to expand. Any advice on the Orlando, FL rental market? Is it strong? Neighborhoods I should pursue? Neighborhoods I should stay away from?

I appreciate any advice or resources you can refer me to. THANK YOU, BE BLESSED!!!

[Claudio Trevisan]

Hi Wade, 

Check at Oviedo

Specifically Alafaya Woods (a subdivision in Oviedo). 

You can kind of get the best of both worlds in that neighborhood. You can still get homes for under $300k. It’s in a great area. All schools are highly rated so you will have no problem attracting quality family tenants who will take good care of your property. And Oviedo is growing so you will see appreciation. I also often see good deals pop up in the neighborhood that can be bought below market value if you are fast and willing to buy an ugly house. 

You also have the flexibility of renting out to students for a higher cash flow since you are so close to UCF. 

Hope that helps!