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Updated over 3 years ago on . Most recent reply

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Donald Dooley
  • Real Estate Agent
  • Uxbridge, MA
22
Votes |
38
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Investing in Lake County, Florida

Donald Dooley
  • Real Estate Agent
  • Uxbridge, MA
Posted

I have experience with real estate investing in the Clermont / Minneola area. However I do think that Lake County has some upside potential considering the huge amount of growth in neighboring Orange County.

I am thinking of moving my focus to the Tavares, Leesburg, Mt. Dora areas.

Does anyone have any experience with rentals and / or flipping in those areas?

Interested in hearing your thoughts or suggestions.

Most Popular Reply

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492
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Russell Holmes
  • Real Estate Broker
  • Apopka, FL
528
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492
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Russell Holmes
  • Real Estate Broker
  • Apopka, FL
Replied

@Donald Dooley I live in Apopka but have sold quite a few investment properties in Eustis. A solid occupied house/ADU on Orange Ave, a BRRRR single family on Palmetto, a great light rehab on Pendleton, a 1920s flip off market and in progress on Lemon, and most recently a six-plex on Bates. That's all just since April 2020.

Out of my entire area of coverage I’m walking properties, making offers, and closing deals most often in Eustis. Some other good ones in Apopka, Sorrento, Longwood, but Eustis has the right mix of great tenant demand and still reasonable prices.

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