Orlando Kissimmee Investment Properties Guide

Orlando Kissimmee Investment Properties What Should You Consider?

Orlando Kissimmee Investment Properties Guide.  If you are considering an investment property in Orlando or Kissimmee there are many things to consider.  The type of property to invest in.  How much will it rent for?  Where the property is located?  Short or long term?  Vacation resort or standard community?  Who will it attract? And what help you should have acquiring it.

To start a investor would require the help of other licensed professionals.  A home is the most expensive purchase most of us will ever make so it should get the best help for no added cost or small cost.

  • Realtor – One that is knowledgeable in various communities, towns and cities. A realtor that has a understanding of the tourist attractions and how they play a role in driving tourists to the location.  What times of year are busier at these attractions.  Your Realtor should be able to point out pros and cons, and point out pitfalls.   The realtor should also recommend the proper professionals required.   Please note your Realtor should not do what other professionals are Florida Licensed for such as give tax or legal advice.  Think of your realtor like a general practitioner doctor.  Has some understanding of many things but needs to refer you to specialists.
  • Mortgage broker – For a thorough pre-approval.  This is a first step!  It make the process easier.  Be sure to get a pre-approval that has already gone over all your financial documents and possibly even sent it to underwriting.  
  • Accountant – A licensed CPA, Or tax attorney is somebody you should contact and have ready to work with you. The licensed CPA can help you with aspects of taxes.
  • Florida Real Estate Attorney – Should always be on call to review a purchase contract. The Attorney should specialize in Florida Real Estate.   Attorneys are trained to know the law and help you avoid the pitfalls.
  • Home inspector – is another essential professional that should also be on call. The home inspector can help you uncover issues in the house.  Home inspectors are trained to find damage that is visible in readily accessible areas. 
  • Licensed home appraiser – is great to have especially if the home is a custom home, or is full of lots of upgrades.  The appraiser is trained in knowing the value of components.

All these professionals are licensed and trained to provide a role in the home purchase process.



Property Management Company or do it Yourself?

 Property management companies are also the heart of resort-style communities. For example, if you purchase a home in a resort-style community the resort wants to keep the properties in the area up to a certain set of standards. 

The resort either creates its own property management team or contracts out to and outside property management team which has to follow the standards of the resort and answer to the resort and the resident in the event of a issue. These communities often have two or more options what property management companies.

Something to ask yourself is if you want  have the least amount of responsibilities then potentially a resort community that has their own choices of property management may be right for you. 


Now to find an investment property. You have to ask yourself what is your goal?

  • Are you looking for a short-term rentals such as Airbnb?
  • Are you looking for a longer-term rentals such as a 6-month eight month 1 year term?
  • Possibly looking to rent to snowbirds from other states that come to Florida for the 6-month or more time range?
  • Or are you interested in the 1 day to 14 days or more, vacationers?

Maintenance on the home should be a factor to consider. 

Short-term rentals such as a one day to day three day are going to require cleaning each day unless otherwise stated in the agreement. But a longer term rental such a six month or more would probably not require any cleaning unless it was added on as a service fee. 

Should you buy new or used?  That is a question depending on how much can you afford to repair in the short term.  The picture below shows estimated lifespans of home components.  New homes have a warranty and a fresh start with all parts.  New homes also have the latest building and safety codes.  If purchasing used having a substantial cash reserve to cover things like a new roof, broken air conditioner (HVAC), plumbing leaks and circuit breaker/outlet issues, hot water heater replacement.

How long will your home last. Estimated lifespan of parts. What a Investment property owner should know in Orlando, Kissimmee Rich Noto Realtor



How long of a rental investment property you are looking to acquire? 

Where to buy it, and who will it attract?

The location would have to accommodate the rental time frame. Many communities will not allow a one-day or two-day rental some communities are 7 months or more. These types of communities are geared towards families and having the same people living in the home.

Shorter term rentals such as 1 Day, 2 days, 3 days minimum or more. Those typically are vacationers.  To accommodate those on vacation is there is typically two scenarios. 

Scenario number one. You find a community where you can rent short-term and anything goes.  What am I getting at here you might be wondering?  There are no regulations for what is going on in the community rentals.  Compared to communities with set standards and property management. 

Scenario number two. Resorts typically do short term but have their own property management groups come into play.  The property management groups set standards and regulations that have to be followed within range.  This helps to keep property values high and maintain standards while allowing equity to come in.

Let’s picture that you’re home has a rental value of $150 per day.  You may attract a type of clientele that is more geared towards moderate or economy hotels.  To explain what I mean by moderate there are hotels from Universal Studios Orlando and Walt Disney World.  These hotels have rooms such as economy for a budget.  Then you have moderate somewhere in between.  Last you have your higher-end luxury hotels.  Each has a price range right for different budgets.  Your property would have to justify the costs per night.

Many vacationing people would rather spend the money on renting out a townhome for $200 a day then stay in a $200 or $300 or $400 Hotel because the town home has much more room, a kitchen, and should be more quiet.   If the home has resort amenities that is even better.



Something to consider is how to take the money that you want to spend on homes for sale and divide it up. Are you looking to purchase one home as an investment property or several homes or condos as an investment property. 

What is the advantage of only having one Orlando or Kissimmee investment property?

Only purchasing one Orlando/Kissimmee property can reduce costs.  For example if you purchase two properties for $150,000 each would be $300,000 total.  Purchasing the two $150,000 properties may have HOA fees that are $300 or more each per month.  You could only purchase one $300,000 home which has an HOA of $300 per month or less that would be a very big savings per month if the rental price was the same for each.  For example if you were renting out the $250,000 homes for $1,000 per month each and each home has a $300 per month HOA would be $600 per month in HOA. Compared to renting out only the $300,000 home for $2,000 a month with a $300 HOA. You can see that you just saved $300 per month by having one home.  Other minimum fees may include utilities, internet and cable.   


What are the advantages of purchasing several homes for sale? 

Purchasing several homes can help in the event a tenant is not paying the rent.  Tenants may end up paying rent late or may altogether stop paying rent. in the event the tenant stops paying rent the homeowner still has to pay the mortgage taxes and HOA fee.  Hopefully if two homes were purchased the other tenant pays on time.  If so that money may cover the other home.  If not having 2 homes with no income can be a burden if HOA fees are double.

Purchasing several homes within a reasonable distance of each other can also be good in the event a group has many people.  For example your home is being rented to a family of four and the family also has the grandparents. They want to be close but the home your renting is not large enough so the grandparents rent your other home that is a few blocks or few minutes away. 

Having multiple properties can also help with short and long-term rentals.  One property can be located in a short-term Rental Community and another property can be located in a long-term rental community having long term rental income may provide stability if the tenants pay on time.  Short term rental may pull in more income per day if it is in a location that is busy. 



Amenities to consider and how they affect the price of your rental property. 

There are variations of amenities per community.  For example communities that are commonly a long term rental typically will not have as much amenities as a short-term vacation resort-style rental will.  There are communities that do have fantastic amenities on the long-term rentals side and those can be weighed against the other communities on the long-term rentals side that do not have any amenities.  But resort-style communities that have things like a restaurant, a bar, a pool that is water park style, a gym possibly, a spa, golf, and many things like that. 

Those kind of features add a lot to a rental property.  Someone who is on vacation that chooses not to stay in a hotel resort is getting all the hotel resort features so this person will get a nice full-size home, or full-size condo, and still have the resort lifestyle for the time being. A 2000 square foot home that rents out in a long-term community may rent for $2,000 per month. the 2000 square foot home that is in the resort Community like Margaritaville Resort Orlando or Reunion Resort with short term rental options May rent for $3,000 or $4,000 per month. While the numbers I am using are made up numbers they are based off of research and facts observed in real estate. 



New Construction Floor Plans 


Please contact me so I can assist you with your Orlando Kissimmee Investment Properties home search.

Orlando Kissimmee Area Homes For Sale

Start of list of properties

New - today
6
808 VINEYARD RIDGE ROAD
Minneola, FL 34715
$546,605
For Sale
4
Beds
2
Baths
2,236
square feet,
Under Construction. Ready in December. This Energy Star Certified home is located on a homesite with no rear neighbors and has 4-b... (more)
# W7858311
Listwithfreedom.com
$546,605
For Sale
Residential
0 days on this site
Open House Sep 24th
29
3472 GRETCHEN DRIVE
Ocoee, FL 34761
$535,000
For Sale
4
Beds
3
Baths
2,777
square feet,
Step inside your New Home! When you enter the home it is light, bright and open. As you make you way into the home the kitchen ... (more)
# O6143507
Preferred Real Estate Brokers
$535,000
For Sale
Residential
0 days on this site
New - today
36
8512 LA ISLA DRIVE
Kissimmee, FL 34747
$590,000
For Sale
5
Beds
4
Baths
2,746
square feet,
Don't miss the opportunity to own one of the most spaciously designed, sought after homes in all of the beautiful Emerald Island ... (more)
# O6144270
Amr Realty Services LLC
$590,000
For Sale
Residential
0 days on this site
New - today
49
237 VALENTINO COURT
Davenport, FL 33837
$349,900
For Sale
3
Beds
2
Baths
1,398
square feet,
Welcome to your dream home! Located in the tranquil Loma Linda Community, this exceptional 3-bedroom, 2-bathroom residence tucke... (more)
# S5091617
Freeman Realty Solutions LLC
$349,900
For Sale
Residential
0 days on this site
New - today
36
13319 VIA ROMA CIRCLE
Clermont, FL 34711
$530,000
For Sale
3
Beds
2
Baths
1,995
square feet,
Welcome to this stunning pool home that offers a fantastic opportunity for those seeking a comfortable and stylish living space. F... (more)
# G5073542
Re/max Titanium Group
$530,000
For Sale
Residential
0 days on this site
New - today
55
651 SKYRIDGE ROAD
Clermont, FL 34711
$484,888
For Sale
6
Beds
3
Baths
2,690
square feet,
This is the one you've been waiting for!!! Incredible 6 Bedroom 2.5 Bath in beautiful Skyridge Valley. Lots of room to live and pl... (more)
# O6142929
Property Outlet International
$484,888
For Sale
Residential
0 days on this site
New - today
1
1264 N WEST CROWN POINT ROAD
Winter Garden, FL 34787
$329,000
For Sale
0.50
Acres
A half acre land on the one main attraction it is in the historical Winter Garden District city limits, off West Orange Trail. Th... (more)
# O6144212
Engine Realty Inc
$329,000
For Sale
Land
0 days on this site
New - today
53
328 E MINNEHAHA AVENUE
Clermont, FL 34711
$350,000
For Sale
2
Beds
2
Baths
1,347
square feet,
This darling 1950s bungalow sits just off the shores of Lake Minnehaha in the beautiful hills of Clermont! The character of a craf... (more)
# O6144008
Lakefield Realty Group LLC
$350,000
For Sale
Residential
0 days on this site
New - today
37
522 CORTEZ DRIVE
Davenport, FL 33837
$345,900
For Sale
3
Beds
2
Baths
1,358
square feet,
Welcome to your dream retirement home in the beautiful Del Webb Orlando! This over 55 community offers luxurious living and a acti... (more)
# O6142425
Orlando Regional Realty
$345,900
For Sale
Residential
0 days on this site
New - today
76
15839 VETTA DRIVE
Montverde, FL 34756
$1.6m
For Sale
4
Beds
5
Baths
3,256
square feet,
Enjoy the breath taking views overlooking the Nick Faldo designed golf course in the highly sought after gated community of Bella ... (more)
# O6140821
Legacy Plus Realty Inc
$1,600,000
For Sale
Residential
0 days on this site
New - today
42
2282 KALEY RIDGE ROAD
Clermont, FL 34715
$659,500
For Sale
4
Beds
5
Baths
2,921
square feet,
WOW, No Rear Neighbors! Welcome Home to this Wonderful, MOVE-IN READY, 4 Bedroom, 4.5 Bath home with a 3 Car Garage. This One ... (more)
# O6142750
Re/max Properties Sw
$659,500
For Sale
Residential
0 days on this site
New - today
32
12941 GABOR AVENUE
Orlando, FL 32827
$559,900
For Sale
3
Beds
4
Baths
2,016
square feet,
Welcome to your dream home!!!!! Surrounded by lakes in the center of Laureate Park and Lake Nona. This 2000+ sq/ft townhome, mov... (more)
# O6142796
Coldwell Banker Realty
$559,900
For Sale
Residential
0 days on this site
New - today
22
10396 AUSTRINA OAK LOOP
Winter Garden, FL 34787
$520,000
For Sale
3
Beds
3
Baths
1,657
square feet,
MORE PHOTOS COMING SOON!RARE OPPORTUNITY TO OWN THIS BEAUTIFUL HOUSE IN THE DESIRABLE WATERMARK COMMUNITY!!A gorgeous open concept... (more)
# O6144162
Athens Realty Professionals Inc
$520,000
For Sale
Residential
0 days on this site
New - Yesterday
17
13300 ABUELA ALLEY
Windermere, FL 34786
$495,000
For Sale
3
Beds
3
Baths
1,756
square feet,
Amazing views of Disney Fireworks every night! This exclusive 3 Bedroom/2.5 Bath Mattamy Town Home is offering a two car garage wi... (more)
# O6144182
Sunshine Group Usa, Inc
$495,000
For Sale
Residential
1 days on this site
New - Yesterday
1
19211 ALLIUM PLACE
Orlando, FL 32827
$825,029
For Sale
4
Beds
4
Baths
3,210
square feet,
Under Construction. SAMPLE IMAGE* CHARLOTTE MODEL BY CREAFT HOMES Ready Spring 2024 Craft Homes brings over 30 years of building i... (more)
# G5073590
Olympus Executive Realty Inc
$825,029
For Sale
Residential
1 days on this site
Sep 24th, 1:00PM to 3:00PM
Open House Sep 24th
35
2035 ERVING CIRCLE, #105
Ocoee, FL 34761
$215,000
For Sale
1
Beds
1
Baths
866
square feet,
Enjoy a quiet gated community shaded by mature oak trees. This unit is just steps away from the pristine community pool and hot tu... (more)
# O6144144
Lpt Realty
$215,000
For Sale
Residential
1 days on this site
Sep 24th, 1:00PM to 5:00PM
Open House Sep 24th
20
8552 CRYSTAL COVE LOOP
Kissimmee, FL 34747
$309,000
For Sale
3
Beds
3
Baths
1,291
square feet,
**OPEN HOUSE 23rd & 24th SEPTEMBER from 1.00PM - 5.00PM** **Newly painted and ready to go!!** Beautiful 3-bedroom, with 2 and a... (more)
# S5092004
Flare Properties LLC
$309,000
For Sale
Residential
1 days on this site
Sep 24th, 1:00PM to 4:00PM
Open House Sep 24th
65
15253 SOUTHERN MARTIN STREET
Winter Garden, FL 34787
$815,000
For Sale
5
Beds
3
Baths
3,577
square feet,
Welcome to your dream home! Enjoy the Florida lifestyle. SEE VIRTUAL VIDEO TO TOUR PROPERTY (https://www.tourdrop.com/dtour/37648... (more)
# O6143978
Coldwell Banker Realty
$815,000
For Sale
Residential
1 days on this site
New - Yesterday
95
11450 NELLIE OAKS BEND
Clermont, FL 34711
$9m
For Sale
12
Beds
9
Baths
9,455
square feet,
AMAZING 54 ACRE private LAKEFRONT home on the Clermont chain of lakes with incredible, steady INCOME. This is a fully furnished, ... (more)
# G5073553
Premier Sothebys Int'l Realty
$9,000,000
For Sale
Residential
1 days on this site
New - Yesterday
7
756 S GRAND HIGHWAY
Clermont, FL 34711
$229,000
For Sale
2
Beds
2
Baths
902
square feet,
Beautiful, single story, townhome located in awesome community! Unit can be bought separately or in a group with 2 others in the... (more)
# O6143842
Premier Sothebys Int'l Realty
$229,000
For Sale
Residential
1 days on this site
New - Yesterday
7
754 S GRAND HIGHWAY
Clermont, FL 34711
$229,000
For Sale
2
Beds
2
Baths
902
square feet,
Beautiful, single story townhome located in awesome community! Unit can be bought separately or in a group with 2 others in the s... (more)
# O6143841
Premier Sothebys Int'l Realty
$229,000
For Sale
Residential
1 days on this site
New - Yesterday
8
752 S GRAND HIGHWAY
Clermont, FL 34711
$229,000
For Sale
2
Beds
2
Baths
902
square feet,
Beautiful, single story, townhome located in awesome community! Unit can be bought separately or in a group with 2 others in the... (more)
# O6142952
Premier Sothebys Int'l Realty
$229,000
For Sale
Residential
1 days on this site
New - Yesterday
24
120 WHIRLAWAY DRIVE
Davenport, FL 33837
$415,000
For Sale
3
Beds
2
Baths
2,022
square feet,
Welcome to your dream retreat in this secluded private community, Champions Reserve. This home is designed for your peace and pri... (more)
# T3474429
Synergy Group Of Florida LLC
$415,000
For Sale
Residential
1 days on this site
New - Yesterday
9
19059 BLUELEAF STREET
Orlando, FL 32827
$896,749
For Sale
4
Beds
3
Baths
2,712
square feet,
Under Construction. Sample Images Tidewater Model Ready Early 2024 Located in the highly innovative and trendy area of Lake Nona, ... (more)
# G5073587
Olympus Executive Realty Inc
$896,749
For Sale
Residential
1 days on this site
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