All Forum Posts by: Pat L.

Thanks@Chris Romany. Someone once told me that people in Florida don’t worry about school districts as much as other people do in other parts of the U.S. So I definitely appreciate your perspective – it definitely acts as a rationale counterweight.

Based on my limited knowledge, I agree with your assessment of the area west of Orlando. Do you think this added home supply will help hold down home value appreciation and rents? Or do you think it will have the opposite effect?

Bobby,

Thanks, very interesting. I’ve been to Winter Park, but not Eatonville. I’ll have to give it a look and run the numbers.

Sandra, Jane, Roy, Michael and Fred,

First off sorry for taking so long to respond, but I did read your responses while on vacation in August, but I never thanked you, so thank you!

My minimal research supports what you all wrote. I thought that maybe some of the distressed properties might present some good opportunities. But I didn't see anything that presented a potential uptick in economic activity. Roy's quote "it's too hot in the summer and the water's too shallow" definitely rang true.

I decided, as an out-of-stater without much local knowledge, to not research this further. But I did have a great time in Galveston!

Thanks again,

Pat

Thanks to all who have helped me with my previous posts. I asked a similar question about 1/2 year ago, but now I'd like to be slightly more specific.

What sub-markets in Orlando do you think have the greatest potential for appreciation?

Thanks in advance!

LOL - this happens to me everyday! I never knew there were so many people named Orlando!

Seriously, I've just accepted it as one of those inconveniences that I just have to accept. The first that I do is glance and see if the poster's name is Orlando.

I happen to be in Galveston, Texas on other business this weekend. I'm enjoying my time here. It got me wondering.

What kind of market (I know - very open-ended question) do you consider Galveston to be? Generally, does it cash flow? How would you rate its appreciation potential?

I appreciate your help!

I know that the best way to find a real estate attorney / lawyer is through networking.

That being said, does anyone know of any web sites / apps / online tools that could help me with my research?

Thanks!

 @Dan Oliver and @Lindsay Diven

Thank you both for your very informative replies - I really appreciate it! This is great information for me to start. I will drive these neighborhoods today to get a high level look and feel.

Lindsay - You read my mind about the school information. I will definitely take a look at this, too.

Thanks again,

Pat

I know a lot of people will read these questions and think "it depends on what kind of investor you are, what your investment strategy is, etc." But I'm going to ask the question anyway because I need to start somewhere.

Are there any specific sub-markets in the Orlando area that you recommend for a cash flow or appreciation investor? Are there any sub-markets you would avoid (i.e., war zones or Type A properties that would never cash flow?)

Thanks in advance - I really appreciate it!

Jay,

This all sounds like great advice. THANK YOU, THANK YOU, THANK YOU!