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All Forum Posts by: Andrew Ashby

Andrew Ashby has started 19 posts and replied 266 times.

Post: New Member-Orlando, FL

Andrew AshbyPosted
  • Investor
  • Orlando, FL
  • Posts 355
  • Votes 380

@Ross Horne, welcome to BP! You're in the right place.

Post: Just want to Introduce myself

Andrew AshbyPosted
  • Investor
  • Orlando, FL
  • Posts 355
  • Votes 380

@Darcell Edwards, welcome to BP! You're in the right place.

Post: Out of state investing

Andrew AshbyPosted
  • Investor
  • Orlando, FL
  • Posts 355
  • Votes 380

@Amit Kumar, no out-of-staters doing BRRRR yet, most of mine are looking to do buy-and-hold...but I can always connect people with good lenders and contractors.

Post: Seeking Advice on Altamonte Springs, Orlando Real Estate

Andrew AshbyPosted
  • Investor
  • Orlando, FL
  • Posts 355
  • Votes 380

@Monica Diaz, I'm glad you're considering the Orlando market. I have broad market reports as well as detailed zip code by zip code analysis on the entire Orlando Metro Area, including Altamonte Springs and Apopka. PM me. 

Post: Relocating to Orlando.

Andrew AshbyPosted
  • Investor
  • Orlando, FL
  • Posts 355
  • Votes 380

@Edlira Clevenger, where I recommend investing and where I recommend living are often two different things. As for a nice place to live, I personally always shoot for the best combination of highly rated public elementary schools (because elementary schools are most closely tied to real estate values), proximity to work (30 minutes or less), and proximity to entertainment/local attractions (30 minutes or less). That being said, I live in Clermont and my office is 30 minutes away on Turkey Lake Rd in the Dr Phillipps/Windermere/SW Orlando area. Winter Garden, Dr Phillipps, and Windemere are all very trendy and on the rise, and they're great if you're working on the west side of town or even downtown. As for your relocation timeline, it seems like you'll want to secure jobs here firs--closely followed by a mortgage pre-approval (usually good for 90 days). However, once you get an offer accepted, you should still budget for 30-60 days before closing for conventional financing. I have market reports on sales price and rent trends zip code by zip code for the entire metro area if you're interested. PM me. 

Post: Relocating to Orlando.

Andrew AshbyPosted
  • Investor
  • Orlando, FL
  • Posts 355
  • Votes 380

@Edlira Clevenger. As a former Naval Officer, I have a VA loan as well. You won't pay capital gains tax on the sale of your primary residence (up to $500,000 exclusion on the profit). Yes, you'll be able to use your VA loan again in Orlando. What part of Orlando would you like to move to?

Post: Looking to invest $500K in SE Florida

Andrew AshbyPosted
  • Investor
  • Orlando, FL
  • Posts 355
  • Votes 380

@Ricky B., Orlando was recently name of one of the best cities for flipping. However, SFRs in the metro area are showing strong appreciation and rental rate increases for buy-and-hold.

Post: Newbie from Tampa, FL

Andrew AshbyPosted
  • Investor
  • Orlando, FL
  • Posts 355
  • Votes 380

@Amir Judge, welcome to BP and real estate! Best of luck to you!

Post: Investor friendly Agents near Central Florida

Andrew AshbyPosted
  • Investor
  • Orlando, FL
  • Posts 355
  • Votes 380

@Dexter Blackman, welcome! I've lived in Kissimmee, my office is in Orange County, and I live in Lake County. I have market reports on all the counties you mentioned. PM me. 

Post: New member from Miami FL 🌴☀️

Andrew AshbyPosted
  • Investor
  • Orlando, FL
  • Posts 355
  • Votes 380

@Lourdes Montalvan, Welcome to BP! I get the focus on condos in Miami because of the high prices there, but I agree with @Mike Terry on the need to diversify--geographically for sure in your case because of the severe weather risk, but also in housing type as well. SFRs are a very strong class in Central Florida, and the Orlando Metro Area has the added bonus of sitting well above sea level (as far as Florida goes at least) at about 50 ft and well away from both coasts. I have SFR market reports on the Orlando Metro Area if you're interested. PM me.