Buying a Property now can positively affect your financial future. U.S. Citizens can buy in the U.S. right now at 2003 price levels. Considering the currency exchange rate, Europeans can purchase at a 2001 price point.
The headlines seem scary, but savvy investors who understand how to separate the hyperbole from the reality are snapping up opportunities in the Orlando Disney area, which many consider the premier vendor of real estate, specifically for the non owner occupied (or individual investor market). Upper Echelon Properties Inc. will sift through the inventory and only offer you rent ready product in the best locations.
Though the company cautions that past performance is no guarantee of the future, and all real estate has cyclical risks, the rapid rent up and appreciation of these properties has created a huge following.
Upper Echelon Properties Inc. concentrates its focus in the South West corridor of Walt Disney World for many reasons: the super strong diverse economy, the growing demographics in all the right sectors: affluent retires, knowledge workers, creative class, and middle and upper middle class relocations from other parts of the country fuel one of the most rapid population growth patterns in the nation.
In 2008 more then 300,000 people will move to Florida and over 80 million domestic and international visitors will consider buying a second home. Florida will continue to lure retirees and entrepreneurs looking for a warm climate where they can enjoy an active lifestyle. With golf, fishing, tennis, beach going, swimming and a host of other outdoor activities at their doorstep, Florida offers a healthy and appealing lifestyle.
"Only fools expect that they can hop on the MLS or deal with a real estate agent and stumble on the right opportunity in the right area. It's still very possible to lose money by owning the wrong product in the wrong pocket of any area, even the super strong Orlando area", says one investor.
Milken Institute/Greenstreet Partners 2007 "Best Performing Cities Index" ranked Orlando-Kissimmee as second on their list, nationwide, over a five year and one year growth period.
"Upper Echelon Properties knows how to negotiate and acquire just the right stuff in just the right neighborhoods for maximum results. My family and I have bought four properties from Upper Echelon Properties, and we couldn't be happier. We remain as loyal to them as they have been to us".
The combination of over building and the mortgage mess has extended the opportunity for acquisition in Orlando. The market has been indentified by Smart Money, the Wall Street Journal and many other publications as being undervalued by 25% with appreciation estimated going forward by 10% to 15% per year by many experts.
But acting now as opposed to a few months from now when the opportunities may be clearer to other potential buyers and the market starts moving up just makes sense. If and when the market snaps back to fair values from its current 25% undervalued state, its simple third grade math that those who control real estate, like that which we sell, can look forward to a 150% ROI in short order.
Savvy investors want to be in place before the snap back. That's a good way to start a long term buy-and-hold plan. Those who understand the distinction between cycles and trends should see this time as an opportunity for acquisition!
If you've thought about purchasing a vacation home near Walt Disney World, however, found yourself priced out of the market, now is your chance to pick up a valuable piece of real estate at an unbelievable price!
Member: Better Business Bureau National Association of Realtors O.S.C.A.R. Designations: Certified Real Estate Professional Realtor Hospitality Industry Certified
