All Forum Posts by: Jeran Miller

I've worked in that area (32805) a little bit.  It was forecast to actually drop in price not too long ago, so I'm glad to see that it's been revised up.  It's not surprising to see that it's underperforming Orlando as a whole, though.  As for the duplex itself, on the surface it seems like a lot of cashflow for not much money. But, a lot of the solidity of it as an investment will depend on the property condition (are the A/C units on their last legs, will you have to replace the roof, etc.) and the reliability of the tenants.  I'd say contact the listing agent and get a showing so you can take a look around, or have a buyer's agent set one up for you.  It's not as if you're obligated to buy, and the more property you see, the smarter a buyer you become.  Best of luck!

This was a really interesting poll to compare against my own experiences.  It definitely illustrates for me a difference in the buying patterns of new and seasoned investors, and kind of confirms my thoughts on the matter.

Hi Travis,

A bit of an tangent, but you may want to direct the agent to look into townhouses instead of condominiums.  In my experience on the western side of Orange county, I've found that townhouse HOAs charge about 1/3 to 1/2 of what condominiums tend to be looking for.  I've seen as low as $48/mo on the north end of town in the 32810 zip code.