LTR in and around Orlando

[Thomas Lin]

Hello all,

I am an out-of-state investor. My wife and I are looking to dip our toes into our real estate journey by purchasing property in or around Orlando. We like Florida in general but in particular Orlando because we visit Disneyworld frequently and because it is a low-risk area in terms of hurricanes (the other area in Florida we are looking at is Tallahassee, for the same reason). Although it seems STR opportunities are a very popular way to get into the Orlando market, we are looking for LTR opportunities. We would like to purchase a SFH or MFH. Our goals are to build equity and increase the worth of our portfolio, though it would be nice plus to be able to cash flow positively if possible!

Are there any neighborhoods you guys can recommend for us to start looking at? 

Thanks a lot!

Thomas.

[Tyler Gibson]

Quote from @Thomas Lin:

Hello all,

I am an out-of-state investor. My wife and I are looking to dip our toes into our real estate journey by purchasing property in or around Orlando. We like Florida in general but in particular Orlando because we visit Disneyworld frequently and because it is a low-risk area in terms of hurricanes (the other area in Florida we are looking at is Tallahassee, for the same reason). Although it seems STR opportunities are a very popular way to get into the Orlando market, we are looking for LTR opportunities. We would like to purchase a SFH or MFH. Our goals are to build equity and increase the worth of our portfolio, though it would be nice plus to be able to cash flow positively if possible!

Are there any neighborhoods you guys can recommend for us to start looking at? 

Thanks a lot!

Thomas.

There are plenty of great neighborhoods in the Orlando area it's only depends on what your budget is. There's also some great areas about an hour outside of Orlando where you're likelihood actually find the property that will cash flow positive. Orlando tends to be more of an equity market where it is hard to find properties they'll cash for a positive unless you're getting them below market value direct from the seller.