Any advice on purchasing a property to rent out in florida. I already had some advice but this is a huge leap?
Sunday, January 3rd, 2010 at
11:20 am
Comments (2)
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.
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