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Orlando
Investment Homes
Orlando Investment Homes
Orlando is a vacation haven and vacation home rental is becoming an increasingly
popular option for visitors. That in turn has created even more interest in the
opportunities in Orlando investments homes. As you might expect, Orlando investment
homes come in all shapes, sizes and options. The prospective Orlando investment
homebuyer can find condos, villas, or townhomes, either furnished or unfurnished,
that offer short-term and long-term rental options.
There are two standard avenues for managing Orlando investment homes. Some
homeowners turn the property over to a management and rental company. The company
in turn handles all aspects of the property. They will find renters and maintain
the property. Many investors choose to find their own renters then hire a management
company to oversee property upkeep.
Orange County and Osceola County have rental restrictions that dictate how Orlando
investment homebuyers can rent their property. Orange County does not allow rentals
of less than 30 days. Osceola County's guidelines include exceptions and exclusions
favorable to investors interested in shorter-term rentals.
Some buyers of Orlando investment homes choose smaller properties that
are further away from the attractions. Many times this option enables the owner
to attract long-term rentals. Generally these involve a twelve-month rental agreement
in which the renter furnishes and maintains the home. Typically, Orlando investment
homes are a short distance from major attractions in areas zoned for short-term
rental. Many properties have pools and/or Jacuzzis, provide privacy, and are easy
to maintain.
There are several communities in the Greater Orlando area that are zoned for short-term
rentals and geared specifically for investment property. Cambridge Homes is a
development of detached villas within short distance of Walt Disney World. Homes
prices start as low as $80,000 and go up to $150,000. The new townhouse development
of Island Club West offers four different floor plans with 1,360 to 1,655 square
feet of space. Orlando investment home opportunities can also be found in the
gated community of Southern Dunes, a golf and country club with many amenities.
Calabay, Parc, Celebration and Hunter's Creek offer Orlando investment homes
in unique communities, with prices starting around $200,000.
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