Have you ever wanted to invest in real estate? Well, you're far from alone. There are over 22 million independent landlords in the US, making real estate one of the most popular investments in the country!
If you're thinking of getting in on today's hot real estate market, then there's no better place to look than Florida. Let's talk about the benefits of real estate investing in the Sunshine State!
While no investment is entirely safe, real estate is one of the safest investments around. It's a tangible asset, it's easy to liquidate, and everybody needs somewhere to live. Yes, the housing market fluctuates from time to time, but real estate tends to continue trending upward in the long run.
Not only is real estate a relatively safe investment, but Florida is also one of the safest states to invest in for long-term stability. Here's why!
2. Growing Market
Florida's population has been growing quickly and steadily for a long time now, making Florida real estate one of the safest markets in the country. Believe it or not, the population of the state grew by over 211,000 people between 2020 and 2021.
Even if these trends change drastically for certain sectors of the population, Florida will always remain one of the most popular destinations for retirees. There will always be people moving into the state in need of a home!
Also, if you're interested in short-term rental, Florida is one of the biggest tourist states in the country, bringing in millions of visitors every year. For that reason, buying Orlando real estate is basically a guaranteed ticket to success for short-term rentals.
3. Passive Income
We know what you're thinking; landlords have a lot of work to do. In some cases, you're right. A typical landlord will have to:
- Maintain the property
- Fill vacancies (marketing, open houses, etc.)
- Screen tenants
- Make repairs as necessary
- Collect rent
- Handle legal disputes
- Manage their budget
The list goes on. While that is the case for many landlords, it isn't for all. With the right property management services, you can rest assured that everything on the above list is taken care of, and only for a small percentage of your rental income.
You may even save money with the right services. The right property managers will help you set the right rates, balance your budget, and manage your property as safely as possible. After all, they have as vested of an interest as you do, so you can just sit back and enjoy the checks as they come!
Start Real Estate Investing Today
Now that you know some of the key benefits of real estate investing in Florida, why not buy property here and get started? With the right help, you won't even have to move down here to start earning from your property!
Stay up to date with our latest Orlando real estate news and feel free to contact us with any questions or for help with your investment!