Any advice on purchasing a property to rent out in florida. I already had some advice but this is a huge leap?

December 6th, 2011 by admin

I live in the uk and will have been to florida four times by feb 08. I love the place and also want to invest in a property to rent out. I thought that combinig the two, ie a place that i love and the desire to invest in a propery would be a good idea, also the statistics say that orlando is the tourist capital of the world, having some 42million visitors last year and still rising as they build more parks (Sea Worlds Aquatica and also Harry Potter world). The strong pound against the dollar and also the property market slump in prisec all seemed to add up to a good deal. I would not purchase the property with the dependancy that the rent would cover the mortgage. Any experience and advice would be gretaly received.

Passive Income

Advice on best place to advertise property TO RENT in Costa Blanca? Hi we have a two bedroom new townhouse in Guardamar, 30 mins from Alicante airport. Does anybody have any advice on good websites/estate agents to rent out our property...
do you have advice on finding a property management company? looking to rent out my condo. ? i have no experience with renting properties, and i’m moving out of state soon. i would like to rent out my condo instead of selling it, but i need...
Who will really benefit if Florida lowers property taxes and raises sale taxes? Those with any kind of thinking brain will realize that a BIG reduction in property taxes will be a landfall for those with million dollar homes while those with...
Buy to Let Property Investment. Landlord Property Management Advice Over the last 15 years there has been a dramatic rise in the number of people who choose to invest in property for the purpose of renting. Buy to...
Buying Property to Rent With the property market being in the state it is at present, many people are opting to rent property rather than buying due to fluctuating interest rates and the...