Why Invest In Orlando? - Cheap Condos and Why You Should Be Buying Them
Published by: King of The City, Residential and Commercial Investor on 9th Jul 2010 |
View all blogs by King of The City, Residential and Commercial Investor
We all know that when the housing bubble burst a few years ago the
Florida real estate market was probably hit the worst. This
happens to be exactly why NOW is The Absolute BEST time to buy
Orlando Real Estate.
Here are a few reasons why you should put your money to work in Orlando:
To learn more about this historic opportunity and how you can own real property in gorgeous Orlando luxury resorts for a staggering fraction of what they sold for a few years ago, visit
www.RealOrlandoDeals.com
or call me direct at 502-767-8275.
- Adam Walker
Millionaire in Training
Executive Director with HIS Real Estate Network
www.MMMChallenge.com
www.TheKingofTheCity.com
www.RealDealLouisville.com
Here are a few reasons why you should put your money to work in Orlando:
- Tourism is HUGE, still - 60 million people visit Orlando every year. Florida has always been a BIG tourist destination, and that hasn't changed. According to the National Travel Monitor, "The Sunshine State's tourism market has supported the intrinsic value of property in Florida and despite America's economic woes and the knock-on effect these have had in the UK and Europe, there was no decline in terms of international demand for holidays in 2007."
- Low Purchase Price - Orlando prices are so low right now that it would cost more to build than to buy. When this happens, you know it's time to buy because prices inevitably go up from there. Rents remain stable and landlords are creating a buying frenzy to get their hands on these unbelievable deals.
- Mickey Mouse Never Ages - Disney has always and will always be a large contributing factor in the Orlando economy. From Epcot and Universal Studios, to The Animal Kingdom, Disney is always expanding their footprint which means more tourism and more local employment. A Magic Kingdom expansion, dubbed FantasyLand, recently broke ground in March of 2010.
- What's good for Warren Buffett is good for you - Warren Buffett's Birkshire Hathoway is now looking for opportunities to purchase distressed real estate assets in the current market where they can acquire remarkable properties far below their intrinsic value.
- City Infrastructure - Orlando is spending a mere $80 million in public works projects over the next year. Additionally, there are $365 million worth of more bids still on the table . Orlando is determined to dig it's claws in deep. It's not going anywhere.
- Foreclosures a good thing? - Foreclosure is a good thing for you the investor. People still need a place to live when they have lost their house. They will more than likely have to rent. Well it's a good thing you own a cheap luxury condo in Orlando that you can rent to them. You will be their saving grace.
- Turnkey Investing - I know what you're saying..."But i don't want to have to fix up a property and then go through the hassle of trying to find a tenant and be all the way across the country." Here's the good news: None of these things apply here.
To learn more about this historic opportunity and how you can own real property in gorgeous Orlando luxury resorts for a staggering fraction of what they sold for a few years ago, visit
www.RealOrlandoDeals.com
or call me direct at 502-767-8275.
- Adam Walker
Millionaire in Training
Executive Director with HIS Real Estate Network
www.MMMChallenge.com
www.TheKingofTheCity.com
www.RealDealLouisville.com
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