Investing in Florida

[David Kr]

Hey guys! I am looking to make my first investment property purchase and have always been really interested in the Florida real estate market, mainly Orlando due to constant tourism. The property would mostly be rented out as an air bnb.

I’ve noticed that since COVID began, the Florida real estate market has constantly been rising in prices due to many work from home jobs. I have a few questions regarding the topic.

1) Have real estate prices in Florida reached a peak since they’ve been appreciating for so long?

2) Are there any months of the year that are considered “slow” months for selling in Florida and are better for buyers?

3) Given that interest rates are at an all time low, is it a good time to purchase an investment property in Orlando? 

[Shawn McCormick]

@David Kr Welcome to BP and the Florida market. Orlando has been experiencing double digit appreciation for many years. The appetite for investors and the public in general has fueled our growth for many reasons. Our tourism has grown, we've attracted higher paying jobs, an aging population and now work from home continues to make it an attractive destination. 

If you plan to use the property as an airbnb, there are many factors to consider. 

Good Luck!