buy to rent and also to use as aholiday home
2006-08-15 11:10:54 · 6 answers · asked by alan j 3 in Travel ➔ United States ➔ Orlando
I live near Orlando & I can tell you that it is getting VERY expensive by the day! If you insist on buying, buy a condo (because it will be less maientance & more security around). If you want a newer cheaper condo, they are cheaper near the Orlando / Kissimme border (but can be a bit of bad neighborhood). Also, they are building new condos near MarkTwain Rd & Alafaya Rd. That neighborhood is better than being in Kissimmee. If you like peace & quiet, maybe consider a place in Deltona? That city is between Orlano & Daytona. It is cheaper to live there.
I agree with another person here... if you are only planning on staying like 2 - 3 weeks in FL, maybe invest in a timeshare OR you can rent homes here by the week! The best timesre to me (I own one with them) is Fairfield.
If you do buy a house, plan on spending a minium of $200,000 (at least for a house that will not fall apart or be in a bad neighborhood). A trailor house may be cheaper, but a lot of insurance companies will not give you insurance! If you buy a condo, plan to spend a minimum of $150,000 (plus HOA fees).
2006-08-15 19:52:36 · answer #1 · answered by Xtal 4 · 1⤊ 0⤋
How long do you plan on staying in Orlando. If it is for a few weeks per year consider owning a timeshare or renting a condo by the week. If you are interested in timesharing in lovely resorts for a fraction of the price of a hotel room let me know and I will help you out. There is no need to buy one new they can be had very inexpensively on the second market. I also rent out the ones I own which is a good way to try it out.
2006-08-15 13:09:03 · answer #2 · answered by monroe8831 1 · 1⤊ 0⤋
Solid brick ones for the hurricanes. The Sunday Times had a couple of pages on how the property prices have crashed there after big rises over the last 2 years. Take good advice.
2006-08-15 11:50:04 · answer #3 · answered by your pete 4 · 1⤊ 0⤋
You could invest in a condo or a single family home.
If you can, I would buy the single family, with a private pool.
Just remember that you will have to hire someone to rent it for you, and for upkeep. I know that this is done. I have a friend that is in the market of a house there also. (He goes to Orlando a few times a year and always rents a private home)
Good luck.
2006-08-15 12:06:20 · answer #4 · answered by tweetymay 6 · 1⤊ 0⤋
Stay away from the inland water. Too many gators lately.
2006-08-15 11:15:47 · answer #5 · answered by Anonymous · 1⤊ 0⤋
Beach front property if you can get it!
2006-08-15 11:13:35 · answer #6 · answered by Miles O 1 · 0⤊ 1⤋
Depends on what you are interested in.
2006-08-15 11:17:18 · answer #7 · answered by StarShine G 7 · 1⤊ 0⤋