The term zoned for “short term rental” or STR is something that you will read or hear about continuously during your research for a Kissimmee vacation home, but what exactly does that mean,
Rudys Investor Handbook WHY ORLANDO KISSIMMEE
Everyone has different financial goals with differing priorities, and so it's natural that individual investment choices will vary from person to person. However, no matter what your individual goals are, many of the same factors are involved in making the best decision for your own particular situation.
Apart from being a dream destination for tourists (thanks to Disney World, beautiful beaches, and Florida weather), Orlando/Kissimmee is also a good choice for investors. In fact, it’s been ranked among the top cities for real estate investment (this year, Orlando/Kissimmee has been named the second best location for rental investments in the country). This can be explained by a simple fact: during 2017, rental prices in Orlando have been growing twice as fast as in other US cities, and the trend is gaining momentum.
What’s more, the local job market has been growing tremendously in the last few years, which makes young professionals flock to the City Beautiful more actively than ever before. It goes without saying that such a flow of young talent drives a demand for rental properties. And there’s no need to explain that high demand for rentals means low vacancy rates and better custom offers for landlords.
But most importantly, Orlando boasts the second highest rental yield in the US. According to the research of Finder.com, expected rental yield in Orlando is 8.12%, which is almost twice as high as in San Francisco. All these reasons make it clear why buying-to-let in Orlando is considered a smart move in investors’ community.
ON TOP OF THAT
People are flocking to Kissimmee for a number of reasons – the atmosphere of Old Florida, theme parks, and unspoiled beauty of nature. If you come here and spend some time outdoors, you’ll surely understand why locals call Kissimmee the most natural side of Orlando. Kissimmee is a good option for those who want to invest in relatively affordable properties but get a significant ROI afterward.
"Those who’ve never tried themselves as real estate investors are likely to believe this process is a rocket science. And let’s face it: there are many reasons to think so. After all, one needs to analyze the market, choose the right time and location, as well as negotiate a good deal. But the truth is that although smart investments usually require a prior analysis, one doesn’t need to have a special education to get a good value for their money. Working with the right team and realtor can make this process a lot easier then you think."
“I work with individuals and I show them how they can make a lot of money through the power of Real Estate.” -Rudy Alfaro
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