what are good subdivsion townhome in 34747, 34746 from investmnt rental perspective. I hear HOA can make it hard to get positive cashflow.

Asked by SBS, Edison, NJ Wed May 18, 2011

looking in the range of 60 -85k - what subdivision will give best rental investment and long term appreciation.

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Mark LeMenag…, Agent, Lake Nona Orlando, FL
Thu May 19, 2011
Saad, what's the magic in zip codes 34747 and 34746? As already noted you don't get much for $85 in those areas. If it's purely an investment, then go east a few miles. I found 14 townhouses on the east side of Kissimmee and it St. Cloud for under $85,000 AND with HOA's of between $100 and $175 a month.

Can HOA's run $400 a month or more for a townhouse? Yes, they can. That's why you find a savy realtor to help you find the ones with low HOAs.

Interested? Fell free to contract me for more info.

Good luck,
Mark LeMenager
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1 vote
Antonio Vega…, Agent, Saint Cloud, FL
Wed May 18, 2011
There is only 1 single family homes in 34747 priced below $85K, 11 in 34746 and of all 12 only 2 are not short-sales. Click to see 12 homes > http://mfr.mlxchange.com/Pub/EmailView.asp?r=1920090905&…

Townhomes, i was only able to find 6 that are not short-sales, make sure to read the HOA section towards the end of each listings. Click > http://mfr.mlxchange.com/Pub/EmailView.asp?r=1331635565&…

Let me know if you have further questions.

Tony Vega
Charles Rutenberg Realty

0 votes
Devi Pokhoy, Agent, Orlando, FL
Wed May 18, 2011
Hello Saad,
I would not recommend condos or town home for investment because the HOA could run from $200-$400 monthly. I f you would like some assistance, please let me know.

Devi Pokhoy
0 votes
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