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Updated over 9 years ago on . Most recent reply

User Stats

52
Posts
19
Votes
James Roux
  • Clermont Fl
19
Votes |
52
Posts

Orlando area investing

James Roux
  • Clermont Fl
Posted

just want to start out saying sorry if this is the wrong forum but I'm looking to buy my first rental here shortly but being new to the area I had question for one of the local orlando investors. I know the John young oak ridge area of orlando is a bit seedy but as a first time low cost purchase and if the numbers make sense would you consider it? What rating would you give this area a C or D or F ? Any advice would be helpful thank you in advance

Most Popular Reply

User Stats

139
Posts
106
Votes
Dan Oliver
  • Residential Real Estate Agent
  • Orlando, FL
106
Votes |
139
Posts
Dan Oliver
  • Residential Real Estate Agent
  • Orlando, FL
Replied

@James Roux My investors love that area for the low purchase price and excellent returns.  Something to remember is you are not living there, you are only collecting the rent, watching the equity grow, and still have money in your pocket to buy more.  They sell fast and rent even faster.  Best of Luck!

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