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Updated about 4 years ago on . Most recent reply

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Ryan Howard
  • New to Real Estate
  • Columbia, Mo
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Investment in Orlando surrounding Counties

Ryan Howard
  • New to Real Estate
  • Columbia, Mo
Posted

We are potentially considering the possibilities about move to the Orlando and surrounding county areas. With the idea of purchasing a primary residence to live in (with idea of AirBnb one of our rooms), then turning it into a rental property, and moving to another spot.

I know getting the 1% will be hard in the Orlando main areas, but what would be some areas where you can get close to 1%? Also my wife is from Venezuela, and we would like to be in an area with there are a lot of Venezuelans? What are some areas where we can find these at?

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Tyler Gibson
Agent
Pro Member
  • Real Estate Agent
  • Orlando, FL
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Tyler Gibson
Agent
Pro Member
  • Real Estate Agent
  • Orlando, FL
Replied

@Ryan Howard Lake County might meet your needs. Orange County does not legally allow Short term rentals. You can do it in orange county if you are in the city limits of Orlando. That being said prices will be higher and it will make it more challenging to cashflow positive when you want to turn it into a long-term rental. Seminole county might also make some sense. I would be happy to help in any way I can if you ever have questions feel free to reach out. 

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