All Forum Posts by: Serena Li

@Serena Li I live and invest here in Orlando. I currently manage my own rentals but I have a connection to a PM in the area. As for your question to if the market is good the answer depends. Orlando is a very strong rental market. There are reports of hundreds of thousands of people moving to Florida every year. So renting and getting high rents is not hard to do. However, it doesn't pencil if you can't buy right. I feel like property values have really soared back in Orlando in the last 5 years. There is little margin in the rentals that you will find on the MLS especially if you plan to use leverage. That being said there are several D and F class neighborhoods that have some potential but those types of rentals come with their own set of challenges. I have connected with a few wholesalers here in the area and I feel like even they can't bring properties that have the numbers I would want. Blackstone group came into Orlando after 2008 and bought up a giant amount of inventory for the sole purpose of rentals. So you know if a large investment group is doing it there is probably a good reason why.

Moral of the story if you can buy right (which I have found challenging) Orlando is a great rental market. If you have any questions or want to connect with the PM I know then feel free to send me a private message. 

You mentioned adding some nice touches being so that it appeals more to renters and gets higher rent... rather than adding value to the property. What if a property already has all the nice touches to rent it for higher amounts? Like a turnkey property? Or are you wanting to add the value? And why Orlando?