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Why Buy A Rental Property in Orlando? | Orlando vs. Other Florida Real Estate Markets

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The Listing Real Estate Management

Real estate investors from around the country have their eyes on purchasing longterm rental property assets in Florida. Numerous factors are causing rental property owners to reap the benefits of Florida population growth, demand outpacing supply, and high rental rates. Multiple Cities in Florida can produce an excellent investment property, but why is Orlando, Florida, our favorite rental market for real estate investors right now?

Top 5 Orlando Areas To Buy A Rental Property:
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In this Blog Topic, we'll be covering why we like the Orlando rental market better than any other Florida market. As a professional property management company in Orlando, Florida, we're seeing great things happening for our rental property owners and real estate investors. First, let's jump into the underlying reasons and then what we see firsthand.

Why Orlando vs. Other Rental Markets in Florida?

Real estate investors looking to purchase a rental property in Florida often debate which market is the best. We believe the Orlando rental market is currently outpacing other Florida metro areas and will continue to produce better returns for landlords and real estate investors.

Why the Orlando Rental Market?

Population Growth
Future Economic Plan
Rental Rate Increase
Migration Change

1. Population Growth

All of these factors are currently pushing the success of rental properties in the greater Orlando area. News Orlando states Orlando is the 2nd fastest growing city out of the 30 largest cities in the U.S. Central Florida consists of 7 counties: Orange, Osceola, Lake, Seminole, Volusia, Brevard, and Polk county, which consists of approximately 1,100 new residents moving to the area every week.

2. Future Economic Plan

The future of the Orlando economic landscape is looking positive for the end to come. Orlando has the framework for excelling and expanding industries and outpacing the nation. The Orlando Economic Partnership and the City of Orlando have plans and expectations. The Orlando Economic Partnership states, "The Orlando Economic Partnership serves the seven counties and 95 cities and towns of the Orlando region to advance broadbased prosperity. Finding regional solutions that address shared current and emerging challenges to create equal access to resources that enable opportunities for all."

Orlando has numerous vibrant and flourishing industries; industry growth is creating multiple jobs and causing new work opportunities.

3. Rental Rate Increase

In Orlando, rental rates are soaring. According to Orlando Sentinel, rental rates are flying due to recordbreaking demand. According to CoStar, rents in Orlando have soared 13.8% since this same time last year. Click Orlando is claiming its ridiculous growth. As an Orlando property management company, we have seen firsthand that our property owners and real estate investors can expand rental rates and have a large tenant base. Rental properties are leasing extremely fast, and investors are currently riding the rental increase wave.

Rental rates are expected to continue to rise in Orlando, Florida. Over the past year, we can testify that tenants are willing to pay a premium to secure your rental property.

4. Migration Change

The State of Florida is experiencing a tremendous increase in new residents. According to Business Insider, new tech companies, sunshine, and no state income tax are the leading reasons people are moving to Florida.

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The Listing Real Estate Management is a fullservice residential property management company specializing in the management of singlefamily homes, townhomes, condos and multifamily properties throughout the greater Orlando area. At The Listing, we’re your boutique property managers who set our management standards high. We aim to always be a Resource to YOU and your rental investment property!

Give us a call today to see how we can help!
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#buyingarentalpropertyinorlando #realestateinvesting #floridaincomeproperty #purchasingarentalinorlando #whyorlando?

_________Content of this Video_________
0:00 Why Invest In Florida Specifically Orlando
0:46 Underlying Reasons to Invest in Orlando
2:10 Potential Rental Property Examples
3:04 Duplex in Orlando
3:58 Hot Rental Market
4:13 The Best Rental Market in Florida

posted by Mowseernedori1t