How to Invest in Orlando Real Estate in 2020

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Күн бұрын

Learn the best places to invest in Orlando, Florida Real Estate from real investors and local expert, Justin Pekarek. See a cost breakdown of a Lake Nona rental townhome and discover why Winter Garden, Lake Nona, and St. Cloud Florida are strong areas to consider investing in Real Estate.
Orlando’s population is expected to reach over 5 Million people by 2030: • Orlando in 2030
Read the full Economic Report Forecast here: bit.ly/2TbCVNx
Orlando Regional Realtor association January 2020 report shows continued growth: • Orlando Housing Market...
Follow along with Orlando Property Advisor, Justin Pekarek Realtor during an actual call with one of his investor clients in the Lake Nona area, as they review the growth areas of Orlando for 2020, and find an additional rental properties to invest in. See how much it costs to purchase, maintain, and rent out an investment property in the Orlando area, and discover the best areas to invest in while capitalizing on today’s great mortgage rates.
New construction homes in Orlando are a hot topic and Justin’s “Build New” playlist is a great place to learn more: • Build NEW: Best Tips f...
Skip ahead in this video quickly learn about your area of interest:
-What does $300k get you in Orlando: 1:15
-This client Lake Nona townhome Cost analysis: 2:54
-Orlando Real Estate Market outlook 2020: 3:40
-Phase 10 Laureate Park new home for $340k: 5:18
Link to Craft homes Saddler plan you can build on the park there: • Craft Homes Laureate P...
-What is a CDD fee? 6:10
-Current Lake Nona Homes and Townhomes available to purchase: 8:06
-Winter Garden investment homes and townhomes available: 9:29
-How to extract equity from your investment home: 11:27
-Inventory homes from new builders: 13:48
-Calculators for Monthly Payment breakdown: 14:25
-Purchase scenario with 35% down investor loan: 15:11
-Estimated down payment required and closing costs: 16:07
-Rental Rates in Lake Nona for Townhomes and Single family homes: 16:27
-Buying smart: 18:17
-What’s coming to Lake Nona: 20:10
If you would like a detailed analysis of the Orlando Real Estate options that would best suit your investment portfolio, contact Justin Directly at 407-808-3695 today.
Broker/Owner
Orlando Property Advisors
Orlando Realtor’s “Top 20 under 40” Realtor 2019
Tom Ferry & Bomb Bomb Top Ten Video Influencer 2018
Over $50 Million sold
Lake Nona Resident and Specialist
Text/Call (407) 808-3695
Justin@TheOrlandoPA.com
SUBSCRIBE HERE: bit.ly/2wYlwiN
Follow me on Facebook: / orlandopropertyadvisor
Instagram: orlandoprop...
Linkedin: / orlando-property-advisor

Пікірлер: 59

@sotight2001 4 жыл бұрын

Dude make more videos! This was really good, I haven't seen a good Orlando channel. The picture n picture zooming in and out was helpful

@OrlandoPropertyAdvisor 4 жыл бұрын

haha Ok working on it! Got one coming up that is about "how much house can I afford" with those spreadsheets

@apple2092 3 жыл бұрын

This is very informative! You are the property professionals I am looking for. Please make more videos. Thanks.

@OrlandoPropertyAdvisor 3 жыл бұрын

Thank you! Will do!

@AlejandroRodriguez-mm6uu 4 жыл бұрын

thank you my friend,,, great video

@HefTrade 4 жыл бұрын

Hi Justin, I really appreciate the in depth information you offered through this video. Currently living in Orlando and researching about investing in real estate. I'll definitely subscribe to keep my eyes peeled for more content you upload.

@OrlandoPropertyAdvisor 4 жыл бұрын

Thank you Evan! More videos coming soon! Filmed 3 model homes today for Parade of homes and have one about Airbnb vs. long term rental in the works too. thanks for watching

@TiffanyPantozzi 3 жыл бұрын

Great Video! Good info!

@OrlandoPropertyAdvisor 3 жыл бұрын

thanks! orlando keeps on growing

@RenanBarros 3 жыл бұрын

Thank you for the awesome content! How can I get access to those excels templets that you used in the video? Thank you again!

@OrlandoPropertyAdvisor 3 жыл бұрын

Glad you enjoyed it! Sure I can email them to you just send me yours to Justin@TheOrlandoPA.com

@erubey8909 4 жыл бұрын

Great videos!!!!. I want to move to Orlando in 2-3 years. What would you suggest I do, purchase a house that I can rent for now then move in when I go to Orlando or try and get rental property(apartment or house) now and worry about my home when I am finally ready to go down there? I think you said you would run rental? Thanks

@OrlandoPropertyAdvisor 4 жыл бұрын

Hey Thanks! This strategy is something I've helped implement with others- identify a home or townhome to buy now at low mortgage rates using your good credit, 20% down, and "2nd home" qualification, with the intention to live in it when you move down permanently in 2-3 years. Meanwhile, after you close on the home, list it for rent and have it pay for itself *maybe with some cash flow* for those first 2-3 years until you arrive. By then it might have even appreciated in value by 2-3% year over year. Email me your preferences and budget to Justin@TheOrlandoPA.com and i'll send you a custom MLS link to what's out there, including some new homes to buy, and what they would rent out for. Thank you for watching and subscribing!

@marvondgeneral8736 4 жыл бұрын

u just got my sub and like

@OrlandoPropertyAdvisor 4 жыл бұрын

Appreciate your support! The market is hot right now, with mortgage rates at 2.35%... update video coming soon

@fsbocentral 3 жыл бұрын

This video is quite detailed about the Orlando market. I think the growth in our area going to be big but steady over time. You should make more video about the Central Florida area!

@OrlandoPropertyAdvisor 3 жыл бұрын

Thanks for watching! We will be creating more real estate related content all around Orlando heading into 2021. It's been a crazy year of buyers relocating into town and just trying to keep up!

@mustafajustin6684 2 жыл бұрын

you all prolly dont care at all but does someone know of a tool to log back into an instagram account? I was stupid forgot the login password. I appreciate any tips you can offer me.

@dashlyric2306 2 жыл бұрын

@Mustafa Justin instablaster =)

@mustafajustin6684 2 жыл бұрын

@Dash Lyric Thanks so much for your reply. I got to the site through google and im waiting for the hacking stuff atm. I see it takes a while so I will reply here later when my account password hopefully is recovered.

@mustafajustin6684 2 жыл бұрын

@Dash Lyric it worked and I finally got access to my account again. I am so happy:D Thanks so much you saved my account :D

@Ethernet480 3 жыл бұрын

any thoughts on SFR's as a second home/ part-time rental in Acadia Estates/Windsor Hills area just south of Animal Kingdom? I'm finding a lot of nice homes in that area.

@OrlandoPropertyAdvisor 3 жыл бұрын

Absolutely- a NH client of mine just picked up a vacation rental in champions gate that grossed $90k a year pre-Covid, and was still pulling in $50k/yr gross rental amount last year. Keep in mind the fees are higher in these neighborhoods and management fees are also more than long term rentals. Windsor hills is a bit older but you can’t beat the location , and the short term rental market is the one soft spot as far as a buyers market (but not for long I’m predicting). For actually living in the home long term, you’ll have to deal with new neighbors partying on the weekends in the pool next door, but hey, it’s Florida! Email me your budget range and I’ll help you select the top performing units (or those that could be rehabilitated into top performers) justin@TheOrlandoPA.com

@kevinandrade6928 4 жыл бұрын

Thoughts on Airbnb? I do see proprties around 150K or less

@OrlandoPropertyAdvisor 4 жыл бұрын

AirBNB in Osceola county is a target area i'm making another video on- with motivated sellers of vacation rental properties and once theme parks get back open again it could be a time to buy in. If in Orange County though, technically not supposed to allow short-term rental but if no HOA there are many that do. And the county is considering lifting that restriction in some cases. $150k gets you a condo 2 bedroom, such as Windsor Hills or similar near Disney, renting for $89/night at 70% occupancy per year (on a good year). Vs. $1100/month for long term renter in say Metrowest. This will be a comparison on the next "investor spotlight"... stay tuned!

@yennifercabrera7473 4 жыл бұрын

Hey, I want to know if you had any program for 0 money and no credit to start buying, I need you to tell me which area you from I'm looking for choices around here in FL?

@OrlandoPropertyAdvisor 4 жыл бұрын

Hi Yennifer, Unfortunately its tough to get any kind of mortgage without some kind of down payment or credit history- especially with Covid-19 causing banks to tighten up lending restrictions. Veteran loans are 0 down, but there are closing costs. In many cases, foreign nationals can use 35% down and obtain a mortgage with a higher interest rate for the remainder, then refinance later down the road. If you're interested in Orlando or Central Florida real estate, check out more of our videos on this channel, or email me at Justin@TheOrlandoPA.com thanks for watching!

@navykang 3 жыл бұрын

In this new subdivision is short term rental allowed?

@OrlandoPropertyAdvisor 3 жыл бұрын

No short term rental in Orange county- and most HOA's have provisions against it. Davenport, Kissimmee, and areas on the west side closer to disney allow short term rental.

@marvondgeneral8736 3 жыл бұрын

is there a way that me and you can get on a zoom call to do a lil quick chat about some things?

@OrlandoPropertyAdvisor 3 жыл бұрын

Yes of course, Please email or text me with some available times and I'll set it up.

@LiranKoren 4 жыл бұрын

Thanks for your educating video - are you open for a collaboration?

@OrlandoPropertyAdvisor 4 жыл бұрын

absolutely! love helping people find good deals. Here's another video we did with a California Realtor comparing to Orlando Market: kzfaq.info/get/bejne/bsChfsKh2K3Tm4U.html

@dlouis1219 3 жыл бұрын

You mentioned the Lake Nona urban sprawl into Osceola county, how do you address the Osceola county poor schools ratings issue, is it buyer beware due diligence.

@OrlandoPropertyAdvisor 3 жыл бұрын

Osceola county is HUGE. speaking only about the Narcoossee road corridor in st cloud 34771 has 8/10 school rating for k-8 according to greatschools.org as of Jan '21. in 32832 to the east of "official" lake nona, there are good ratings as well, with a new high school planned near meridian parks. Sunbridge will continue this trend as things move south-eastward. Tavistock is also planning a private school in Laureate "2". I volunteered for the Science Olympiad as a judge of middle school kids science projects a few years ago and Narcoosssee middle had some amazing kids in that competition. Overall I think ratings of schools can be misleading; if your child is in the honors programs and involved in extra-curricular activities, they are probably on the upper end of the bell-curve for test scores in a school, and will have a good educational experience there. just my thoughts as a "northerner" coming from boston/michigan thinking Florida schools were inferior... which they are not

@dlouis1219 3 жыл бұрын

@@OrlandoPropertyAdvisor well said sir, so essentially we just need to follow the golden rule of real estate "location location location, regardless of actual zoned school testing results" . That said I think your presentation was very good and you delivered an amazing amount of quantitative information in an articulate qualitative manner. But full disclosure of school district quality is critical to families purchasing descisions an greatschools.org is highly subjective due to the reliance on surveys submitted by parents. Students aren't graded on how their parents feel about the school, but rather students are graded on their actual performance which directly reflects on the entire school as a community and by extension the neighborhoods zoned for those schools. Numbers don't lie, they are truthful to a fault unfortunately for those that fall below a standard! www.fldoe.org/accountability/accountability-reporting/school-grades/ An like yourself I am also a Northeastern transplant to Orlando, so the long term quality and stability of our zoned schools was a primary driver in selecting our neighborhood. Fun fact for those reading this that don't know Metro Orlando (covering 4 counties) school zones are on occasion rezoned due to community growth, so you could get rezoned to a lower rated school.

@OrlandoPropertyAdvisor 3 жыл бұрын

@@dlouis1219 This is great insight- you know your stuff and im sure will find the right neighborhood or location within Orlando (some choose to be near private schools like Lake Highland prep, windermere prep, etc). As a REALTOR I took a code of ethics that prevents me from "Steering" so I can only speak about my children's personal experience in a particular school, or refer to public info, or past clients who have kids in some of these schools. But I encourage those relocating to visit and take school tours, see which magnet programs they might have, and don't just look at test scores or demographic percentages. As a friend of many school teachers, it is the parents who get involved with their kids' education that tend to succeed in higher test scores rather than rely on the school entirely to make an 'A rating'. for more on what makes a Realtor a REALTOR, read here: www.nar.realtor/articles/steering-schools-and-equal-professional-service

@dlouis1219 3 жыл бұрын

@@OrlandoPropertyAdvisor Holy smokes I didn't know; even positive comments from a realtor about a school district is considered steering a home buyer according to the gov't . Talk about having to walk a fine line, I salute you sir, an full disclosure my first realtor years ago was tu'rrible in this regard I knew more about the orange county school system then she did! Fortunately we made a wise choice and this time around we intend to make a similarly informed decision. Thanks for sharing the link it sheds light on some of the responses we have received from various realtors we have contacted. Also you are 1000% correct that parental involvement both in and at school is absolutely critical for both the students and schools success; it takes a village to raise a child.

@edwardgrant681 2 жыл бұрын

hi there interesting video !! im from Argentina and im looking to sell out here and invest in Orlando property to rent out!! is there any chance we can zoom so i can clear my doubts

@OrlandoPropertyAdvisor 2 жыл бұрын

Sure thing! Let’s get it on the schedule for next week. Thanks for watching, and talk to you soon!

@TheALTDs 3 жыл бұрын

Does lake Nona has short term rental community?

@OrlandoPropertyAdvisor 3 жыл бұрын

No, Orange County in general is not Zoned for short-term rental. And HOA's here have restrictions on minimum lease periods, that need to be approved. The short term rental areas are in Osceola county closer to Disney and there are some good deals on some of those right now due to less tourism

@TheALTDs 3 жыл бұрын

@@OrlandoPropertyAdvisor just starting to look at the market. Would you have some time to connect?

@OrlandoPropertyAdvisor 3 жыл бұрын

@@TheALTDs Sure thing! 407-808-3695

@roshnikasafar154 3 жыл бұрын

We need a single family home in nona lake city.how much the total cost will be?

@OrlandoPropertyAdvisor 3 жыл бұрын

Homes in lake Nona 32827 range from $400,000 to over 4 Million... but the typical laureate park home is around $600k

@roshnikasafar154 3 жыл бұрын

@@OrlandoPropertyAdvisor how we can contact you.🥰

@OrlandoPropertyAdvisor 3 жыл бұрын

@@roshnikasafar154 Email me at Justin@TheOrlandoPA.com

@alexi2460 2 жыл бұрын

Crunching numbet, giving boots and con but no talk of the land stability, terrain potential problems. Beware of Florida people don't pay attention to details.

@OrlandoPropertyAdvisor 2 жыл бұрын

Mechanical Engineer here... Coming down to Florida in 2008 I met a guy working as a Sinkhole mitigation specialist. They had this proprietary technology that would drill down under the houses and stabilize with concrete, if there was any shifting of the foundation. All the new neighborhoods have a planned unit development with soil compaction testing done on each homesite/area prior to the builders getting permits approved. No Flood insurance is required on these, as they are 10' above the 100 year flood line. The only hilly areas with terrain issues are west of clermont/minnoela with Sugarloaf mountain ridge there, many homes have retaining walls, but nice views! What other details did you want viewers to learn about? Great idea for a video, thanks!

@user-hm3bb9de1u 3 жыл бұрын

Single Family as rentals good luck on repairing it ...

@OrlandoPropertyAdvisor 3 жыл бұрын

in the video I talk about going newer construction in St cloud and letting the area grow towards your investment. The first 5-8 years of ownership should not need much in the way of repairs. A 15-20 year old house however, will need improvements if the current owner has not done them. The market is currently sustaining multiple offers on homes in these hot areas- regardless of age or repairs required.