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What are the Top 11.5 Criteria for Selecting an Orlando Investment Property
1. Make sure units are larger than 1800 square feet.
This will ensure your customers can move around within the villa and have that feeling of spaciousness while on vacation in Orlando. When large families feel cramped, the enjoyment of the vacation experience is impacted.
2. Make sure cost per square foot is near $140.
This will ensure you are getting a current market cost to value which is great value in the Orlando FL market as of June 2005.
3. Make sure offer flexibility in floor plan.
Some investments offer lock out rooms which are single rooms for the business traveler who is seeking a place to stay but also offers luxury resort amenities. This also makes it better for you when you use your unit. The lockout allows you to use only what you need while renting the rest.
The lockout also appeals to the rental market as there is demand for four and five bedroom units. These units are ideal for a golf foursome or perhaps families traveling together. Your rental property can accommodate these larger groups when we rent out the entire unit. This gives you an advantage in the rental market.
4. Make sure the lockouts have central air and a kitchen.
You don't want a room without television and air conditioning. Both are important for the business and single traveler and are important to the property investor.
5. If possible, find sale leaseback program over standard real estate investment option.
This ensures your property investment is rented out for the entire 52 weeks which ensures a consistent cash flow each month. This also provides approximately 10% return and allows you as investor to operate the Orlando property investment as turnkey with very little effort needed to run the resort. Each facet of the property management and marketing is handled using sale and leaseback method.
6. Make sure your Orlando property investment provides a high quality clubhouse with amenities.
Minimum amenities in family resorts in the Orlando, FL market are fitness center, game room, restaurants, food courts, bars, daycare, movie-theatre.
7. Make sure your Orlando property investment provides a water park and pool for the kids with amenities:
Lazy river, water slides, cabanas, tiki bars, kids pools, adult pools, kids water park and playground and at least 10,000 square feet of deck space. This ensures family vacations are a true experience and keeps everyone entertained while at the resort.
8. Make sure if you exercise on vacation that your property investment has the following as well:
Basketball courts, tennis courts and running trails.
9. Make sure you can stay in your Orlando Property investment at a low cost.
This will ensure you and your family can come to Orlando and experience the pleasures of a family vacation.
10. Make sure property has 24 hour onsite management.
This will ensure if there are any security, housekeeping or maintenance issues, they can be resolved immediately.
11 ½. Make sure property is not further than 10 miles from Disney.
This will ensure your close enough so it doesn't take long to arrive but far enough to avoid all the heavy traffic and the high prices on Disney Property.
If your Orlando property investment has the following, you can feel comfortable you have a great investment.
Should I Invest in Real Estate While Running an Internet Business?
Of course you should. I practice this for quite a while and I never looked back.
Kings Bay Georgia Real Estate - Be Picky When You Choose your Realtor!
I have been a mortgage lender for many years and have seen a few transactions go sour. When problems arise after a contract is signed, it can be stressful for everyone involved.
Staging® Your Home for Sale: a Superior Real Estate Home Marketing Technique: Part 1
Every Realtor KNOWS that a home should be shown in its best light to help sell it faster and for more money! We also know that, properly done, it Is a lot more than putting fragrant pies, breads or cookies in the oven, opening the drapes and turning on all the lights; although even that helps greatly.Setting the stage to obtain the highest value, fastest, for a home has recently evolved into a real estate specialty that can pay of grandly for the seller and help the buyer overcome the immense emotional strain of making a decision on which, of many similar properties, to purchase.
When is the Best Time to Move?
As Realtors, we are often asked, "When is the best season to move?" This is a tough question, one we cannot answer for you. Most people are asking about price, do they fluctuate throughout the year? NO.
Home Appraisal Values Are Critical
To most, owning a home is a necessity, but sometimes it is a matter of pride or a business investment. Home appraisal values become relevant if one wishes to sell his house.
Escrow Accounts - Are You Paying Too Much?
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Notify Them When Youre Moving
One of your first steps, when you're getting ready to move, is to pick up a stack of change-of-address cards from the post office. Yes, old-fashioned go-by-snail post cards! You'll want to notify everyone in your address book and also.
The Many Benefits Of Lease Purchasing
Lease Purchasing affords wonderful benefits and opportunities to sellers, buyers, investors and those who would like to operate a home-based business. Lease Purchasing allows you to control property without ownership which has benefits for all.
Land for Sale
Think owning land would cost a fortune? Think again! While land prices on the extreme coasts motors upward, there are millions of parcels for sale throughout the USA that can fit into anyone's budget. There is probably a land deal that could make you a profit happening right under your nose right now.
Should You Use a Property Management Company or Manage Your Real Estate Investment in Florida?
When considering investment properties, first of all, it must be determined that it is profitable and a good idea to purchase rental properties. Let's talk about this aspect.
How Professional Property Investors Interpret and Use Capital Growth Statistics
Understanding and using yearly price growth statistics in an area of interest is critical to making successful property investments decisions.Property price growth is usually expressed in terms of a percentage i.
Property Auction & Why You Should Run A Mile From Them
That's A Funny Thing To Say About Property Auctions; They're All The "RAGE, Aren't They?"From The Desk Of Colm DillonHello Colm here ..
Can I Sell My Private Mortgage Notes?
In this country millions of homes are sold every year. In most cases buyers go to a bank or finance company to seek mortgage financing.
What We Do To Sell Your Property!
Once you have contracted us to sell your property we go to work for you to bring you the most money and best price for your property as quickly as possible. Some properties are faster selling than others based on the location, condition, size, price, of course, and type of the property.
18 Easy Steps to Buy a Bargain House
What is a "distressed" property? What is "bargain" real estate?A distressed property is one with a distressed seller. Job loss or transfer, divorce, death, pending foreclosure, and lack of money cause sellers to sell fast for less.
Find Out If There Are Sexual Predators Nearby Before You Buy A Home or Property!
When looking for a new home or property, buyers ask many questions. Typical questions might be about the history of the property, property tax amounts, the school system, proximity to medical facilities, shopping malls, etc.
Investing In Real Estate Investors
With the never-ending changes in our Real Estate Markets real estate professionals are starting to pay attention to the sound of new commission streams of income. Some realtors have either shied away or ran-away from such terms as "Cap Rate," & "Cash-on-Cash Returns.
Personal Branding Techniques for Real Estate Agents and Brokers
Branding can be done to any product, or any person. Before undertaking an exercise in personal branding, however, consider your distinctive strengths and abilities and what they offer the market place.
Why is Now the Time to Buy in Turkey?
Turkey is a paradise of sun, sea, mountains, and lakes that offers the vacationer a complete change from the stress and routine of everyday life. From April to October, most places in Turkey have an ideal climate that is perfect for relaxing on sandy beaches or enjoying the tranquility of mountains and lakes.
Real Estate Negotiation Secrets
When you bought your home, you offered less than you were willing to pay, right? That's the most common negotiation technique. For experienced investors, however, that's just one little secret among the many more powerful ones.
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