Orlando has been listed as one of the best places to invest in real estate for multiple years. The biggest reason is the city’s growth. Orlando’s population, jobs, and tech industry have advanced in recent years, and over 100 international companies have offices in the city.
Despite being a big city with lots of tourism, the cost of living in Orlando is comparatively lower to other major cities, which is another reason people are moving there. Last year, the average home sale price was around $225,000, which is below the national average.
Of course tourism in Orlando is a whole other entity in itself. It’s not just Disney World that attracts tourists but there are six other amusement parks that are the most visited amusement parks in America. Five of the parks are also among the top 10 most visited in the world. Hence, we’re thinking Airbnb investment properties and vacation rentals in general can make a killing. However, zoning has been one of the main issues in Airbnb Orlando. Make sure your property is in an area that’s regulated for short-term rentals.
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