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Benefits of a Business Loan
There are many benefits in choosing a business loan, some of which are listed below: What's the fastest way of raising money for your business idea? A business loan, but what kind of loan should you get and who should you get your loan from. You...
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Yes, one of the quickest ways to get into business for yourself is to buy the reprint rights for someone else's product. It saves you the time and effort of developing your own product. It lets you start selling the product right away and you often...
The Growing Trend in Business Networking
A Review of "The Five Keys To Building Business Relationships Online" If you are a practitioner of business networking, you know that you can only connect with so many people at each event. But, what if you had the opportunity to connect...
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Passive Income, residuals, royalties three ways to get paid multiple times for a one-time effort. You write a song in 1970 it gets covered by many artists. Each artist sells many albums or radio stations play your tune and Presto! you get a...
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Orlando Investment Property
What are the Top 11.5 criteria for selecting an Orlando Investment Property
1. Make sure units are larger than 1800 square feet. This will ensure your customers can move around within the villa and have that feeling of spaciousness while on vacation in Orlando. When large families feel cramped, the enjoyment of the vacation experience is impacted.
2. Make sure cost per square foot is near $140. This will ensure you are getting a current market cost to value which is great value in the Orlando FL market as of June 2005.
3. Make sure offer flexibility in floor plan. Some investments offer lock out rooms which are single rooms for the business traveler who is seeking a place to stay but also offers luxury resort amenities. This also makes it better for you when you use your unit. The lockout allows you to use only what you need while renting the rest. The lockout also appeals to the rental market as there is demand for four and five bedroom units. These units are ideal for a golf foursome or perhaps families traveling together. Your rental property can accommodate these larger groups when we rent out the entire unit. This gives you an advantage in the rental market.
4. Make sure the lockouts have central air and a kitchen. You don’t want a room without television and air conditioning. Both are important for the business and single traveler and are important to the property investor.
5. If possible, find sale leaseback program over standard real estate investment option. This ensures your property investment is rented out for the entire 52 weeks which ensures a consistent cash flow each month. This also provides approximately 10% return and allows you as investor to operate the Orlando property
investment as turnkey with very little effort needed to run the resort. Each facet of the property management and marketing is handled using sale and leaseback method.
6. Make sure your Orlando property investment provides a high quality clubhouse with amenities. Minimum amenities in family resorts in the Orlando, FL market are fitness center, game room, restaurants, food courts, bars, daycare, movie-theatre.
7. Make sure your Orlando property investment provides a water park and pool for the kids with amenities: Lazy river, water slides, cabanas, tiki bars, kids pools, adult pools, kids water park and playground and at least 10,000 square feet of deck space. This ensures family vacations are a true experience and keeps everyone entertained while at the resort.
8. Make sure if you exercise on vacation that your property investment has the following as well: Basketball courts, tennis courts and running trails.
9. Make sure you can stay in your Orlando Property investment at a low cost. This will ensure you and your family can come to Orlando and experience the pleasures of a family vacation.
10. Make sure property has 24 hour onsite management. This will ensure if there are any security, housekeeping or maintenance issues, they can be resolved immediately.
11 ½. Make sure property is not further than 10 miles from Disney. This will ensure your close enough so it doesn’t take long to arrive but far enough to avoid all the heavy traffic and the high prices on Disney Property.
If your Orlando property investment has the following, you can feel comfortable you have a great investment. http://www.biminibayresortinvestment.com
About the Author
Orlando Investment Property Expert
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