BROADCASTS.com

Published: Nov. 5, 2015, 11:49 p.m.

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Central Florida is home to one of the biggest family vacation spots in the U.S. Renting single family homes with private swimming pools within one hour of Disney resorts is a lucrative business for foreign real estate investors. The area boasts 62 million visitors just last year. This episode inspects ways to distinguish good deals from bad deals and breaks down the ownership costs of a $210 a night rental.

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path of progress,

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Key Takeaways:

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[1:18] Great values inspired me to invest in Central Florida

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[1:47] A common misconception is that everyone makes a fortune in real estate

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[3:17] A medium term hold is 5-7 years, a long term is 10-15

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[4:22] 62 million visitors went to Central Florida last year

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[8:26] You make money on the day you buy the property and not the day you sell

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[10:21] How to distinguish a good deal from a bad deal

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[12:18] Local expert knowledge, using restaurants as an indicator

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[14:02] The term \\u201cthe bank\\u2019s money\\u201d means no skin in the game

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[18:30] Paying an 8% interest rate without putting any money down

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[20:38] Which banks are financing international investors?

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[21:39] What\\u2019s so good about Florida?

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[24:04] A vacation property which generates income while I\\u2019m not using it

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[26:33] 1600 sq. foot home for $260,000 home it rents for $210 a night

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[28:05] Traditional management fees + rental fee + cleaning costs

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[33:28] Jason makes a very good point!

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[35:21] Jason\\u2019s team looks for deals with a 35% annual overall return on investment\\xa0

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Mentions:

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Feltrim Group

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Association of International Property Professionals (AIPP)

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