It’s the #1 family vacation capital of the world.
Orlando offers a unique “turn-key” product to take advantage of the 75+ million visitors each year looking for accommodation.
Investors can leverage their cash into a short term rental property that can generate revenue on an annual basis while appreciating in value.
Orlando is also in the center of the state of Florida with access to both the Atlantic and the Gulf of Mexico via a little over an hours drive. Easy access to the cruise port terminals of Tampa and Cape Canaveral makes it a great destination for cruisers.
Florida has no state tax which makes it extremely inviting to shrewd investors.
Many investors enjoy the option to own a vacation home in central Florida, take full advantage of the millions of accommodation seeking visitors to the area parks and attractions each year and be also able to use the investment for friends and family when needed. Orlando is home to Disney World, Universal Studios, Lego-land and some of the finest entertainment in the world. It is also second in the USA in conversions visitors and it’s International airport gives easy access to The Bahama’s, The Caribbean and Mexico.
Orlando also offers some of the finest executive golf homes in world and Orlando is home to many of the top professional golfers and many sport and celebrities.
Orlando is #1 in Real Estate Nationally
In 2019 Forbes “best bet” was Orlando and Real Wealth forecast Orlando as the #1 city to invest in 2020 and many others forecast it as #1 or #2. It is regarded by Bigger Pockets as the #1 the “best rental markets to invest” 2022
With home prices generally lower than most major US cities, and a vibrant tourist industry Orlando may be the number one option for investors looking to add additional diversification to their portfolio while reaping the benefits of a vacation home in Florida that can be used anytime for friends and family.
To learn more about the options of a 1031 exchange option in the Orlando area call us for a complimentary consultation.
Contact us to discuss the 1031 exchange.