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Real Estate Information |
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Are Condo Hotels What the Orlando Real Estate Investor Has Been Looking For?
Earlier this year the Hawthorn suites in Lake Buena Vista quietly sold out all of their units in less than a month. These 540 sq. ft. units were an investor's dream, with a price tag in the mid $100's and an area average occupancy of over 84% these properties to quote one of our investors "make perfect sense". Many of the people buying these condo hotel conversions had different motivations for buying a second home in Orlando, but all had the same reason for buying a condo hotel conversion, namely the opportunity to cover their running costs with minimal or no effort. Many had sold their single family homes in Orlando, cashed in on the rapidly increasing prices and than reinvested their earnings utilizing a 1031 exchange and bought several condo hotel units. Others simply wanted an affordable second home near Disney which they could use when they wanted, and let the onsite management company rent it for them when they are not using the property. So the big question is what are the benefits of a condo hotel? There are many! What most people do is have the management rent the units out for them to offset the costs, and sometimes even creating a positive cash-flow. If you feel like going on vacation, you just call up the management company and let them know that you'll be using your unit on specific dates, and they set it aside so no-one else uses it. Condotels also have been appreciating in value at rapid rates in the last few years. Many investors have made incredible profits just purchasing and selling these units, which is known as flipping. And don't forget about the amenities! Think of all those amenities you have when you go to a luxury resort. Many condotels have pools, spas, tennis courts, restaurants, bars, saunas, playgrounds, and more. Keep in mind, however, that different establishments offer different types of amenities and you should research them before assuming that they have everything that you want. Many of the cheaper condo hotel conversions may not have some of these amenities, but if the price tag is less than $200,000, many people can forgo the spa! For the condo buyer, these types of developments can offer enhanced financial returns when owners choose to place their units in a rental pool. Individual owners usually can put their units in the hotel-room rental pool while they're not using them and get a portion of the proceeds. Better yet, they get access to the same amenities and services as hotel guests. By capitalizing on a hotel's reservation system, brand recognition and management expertise, unit owners are more likely to receive a higher level of rental income through a rental pool agreement with a recognized professional operator, despite having to share a portion of their units' revenues. Due to the high demand for accommodation near the theme parks, many hotels are dropping their branding as the hotels are showing good occupancy without the extra cost of paying for a brand name. If you think that a condo hotel near Disney might be for you, or if you want to research condotels more, please visit http://www.orlandocondohotel.net Marcus Truett is a second home specialist with the office of Ronald P Bressan Real Estate. Visit Marcus Truett's condo hotel website at http://www.Orlandocondohotel.net
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REAL ESTATE MATTERS: You paid off your mortgage. What happens to the promissory note? Sarasota Herald-Tribune Q: I saved an article you wrote from 2015 that says that I should "get back the promissory note" I signed when I pay off my loan. And, that the lender should return ... The secret market of private real estate listings WDRB Victoria Cooper-Reeg was delighted to sell her home in Chevy Chase, Maryland, in under a week for $55000 more than she originally planned to ask. The best ... Seller Misrepresentation in Real Estate? Use Rescission with Precision (Video) - Real Estate and Construction - United States Mondaq News Alerts In recent blog posts, I discussed important parts of a real estate sale, including selecting a broker and due diligence. United States Real Estate and Construction ... Landscape shifts for several in Omaha metro's active real estate industry Omaha World-Herald National CBRE's purchase of Omaha affiliate is among changes in active metro real estate industry. Foreign Investment In U.S. Real Estate Plunges Forbes The U. S. housing market has hit another stumbling block, as purchases of homes by foreign buyers has dropped a dramatic 36%, according to a report by the ... Americans still think they can make money flipping houses CBS News Many people say real estate is a better investment than stocks, bonds or gold—the real numbers show otherwise. Scott Bayens: Money not the only investment in real estate Aspen Times I remember hearing this phrase for the first time back in 2006 from one of my clients in California, as real estate activity here in Aspen and Snowmass was. Real Estate Newsmakers SouthCoastToday.com Fall River resident joins Kinlin Grover's South Dartmouth OfficeKinlin Grover Real Estate announced the addition of agent Susan Stanek to its South Dartmouth ... Maximizing rent potential in commercial real estate Mortgage Professional America You've bought a commercial property and are now looking to use it as a rental. But how will you maximize the rent potential on your investment, especially when ... Real estate records, 07/21/19 | Real Estate Records | journalstar.com Lincoln Journal Star Tapp, Donald G to Goodro, Jeremiah J & Gina, 4643 Calvert St., $76000. Millennials agree on the best way to invest—but they're wrong CNBC More than a third of millennials agree that real estate is the best way to invest money you won't need for at least 10 years, a new Bankrate survey found. Seattle DJC.com local business news and data - Real Estate - MainStreet proposes apartments for prime Redmond property Seattle Daily Journal of Commerce Prospective buyer MainStreet Property Group has filed an early plan to develop a full triangular block in downtown Redmond, at 16001 Redmond Way. Taunton police officer and real estate agent thriving in sellers market Taunton Daily Gazette TAUNTON — Taunton's Lawdog wants to sell you a house.Patrolman Jayson LaPlante has been putting that moniker to good use since getting his real estate ... Routt County real estate sales total $15.6M for July 12 to 18, 2019 Steamboat Pilot & Today STEAMBOAT SPRINGS — Routt County real estate transactions totaled $15666090.55 across 30 sales for the week of July 12 to 18. The sales total is up 54% ... Christie’s International Real Estate | Fort Worth Fort Worth Star-Telegram Christie's International Real Estate presents 4725 Lafayette Avenue. The beautifully built, custom home is both traditional and timeless in its appearance. Moving Out: Chinese Investors Flee US Real Estate The Epoch Times For the past six years, according to the National Association of Realtors (NAR), Chinese buyers have led the foreign investment trend as the biggest single group ... Residential real estate transfers, July 21 | Real Estate Transfers Omaha World-Herald Olsen, Gregory A., personal representative of Olsen, Loa Jean estate, to Pagel, Dallas L., 12205 N. 156th St., $150,000. Dunman, Gregory J. and Rebecca L. to ... These 13 suburbs beat the real estate droop in the first half of 2019 Crain's Chicago Business Crain's analyzed mid-year data on home sales, looking for the towns where three attributes all improved in the first half of 2019. Real Estate Investing 2.0: Unique New Approach Goes Beyond Crowdfunding Fast Company A combination of legislative reform and advances in cloud-based digital technologies has made crowdfunding a reality in real estate investing, but it has done ... Real estate transactions for July 21, 2019 | Business | roanoke.com Roanoke Times Roanoke. Over $300,000. 109 Kirk Associates LLC to 211 1st St. Properties LLC, 211 First St. S.W. Roanoke VA 24011, $1,047,500 06/28/2019. 706 Campbell ... The 10 best places in the US for first-time homebuyers to invest in real estate right now Business Insider According to Zillow, first-time homebuyers account for 46% of all homebuyers and are more likely than veteran homebuyers to go over their budgets. Real Estate Transfers July 6-12 New Jersey Herald Branchville Bonnie and Robert E. Acker to Howard and Marianne Lynn Et Al, Morris Ave, $75000. Byram FFD Services, LLC to 206 Kan, LLC, 5 Netcong Ave, ... Mother-daughter real estate team weighs in on home sales, clean garages Fox Business With China leading the way, sales of U.S. homes to foreign buyers took an historic dip in the last two years, due to the trade impasse with China, a strong dollar ... Creativity is new key to real estate NWAOnline NEW YORK -- The persistently slow housing market has Debra Goodwin creating cooking videos to try to sell a house. Glenn Phillips finds himself explaining to ... Everything You Need To Know About Dallas Real Estate D Magazine Allow us to help you make your next housing decision. Or just help you better understand what's going on in the Dallas residential market. Foreign buyers are turning their back on American real estate CNN Foreign real estate buyers' purchases in the United States dropped by 36%, according to a new report by the National Association of Realtors. 5 ways to invest in real estate if you’re not rich MarketWatch These ETFs offer small-time investors exposure to big real-estate companies. Photos from the 2019 Top Real Estate Agents Cocktail Reception Washingtonian Washingtonian celebrated the 2019 Top Real Estate Agents and Producers list, featured in the July 2019 issue of the magazine, with a cocktail reception at. Equifax launches solution to help real estate agents boost business Mortgage Professional America Equifax has launched a new solution to assist real estate agents to identify and develop the best prospects. Lead Accelerator uses three key elements to help ... La Crosse County real estate transfers for Sunday, July 21 La Crosse Tribune The following are real estate transfers filed in La Crosse County. By law, some transfers are exempt from transfer fees; these properties are listed without prices. Recent Commercial Real Estate Transactions The New York Times Up to $40/SQ. FT. Up to $490,920 approximate annual rent. 86 Main Street (between Buena Vista and Hawthorne Avenues). Yonkers. This six-story office ... No slowdown seen for Charleston region's industrial real estate market Charleston Post Courier The Charleston area's industrial real estate market continues to gain momentum, with businesses snapping up 1.25 million square feet of new space during the ... All of Jeffrey Epstein's Homes and Real Estate Properties Around the World TownandCountrymag.com Jeffrey Epstein's real estate holdings are also why prosecutors have argued that he should not be released on bail—he's a flight risk with multiple places to hide ... Newtown Real Estate Market Generates 'Unusual' Start In 2019 The Newtown Bee In an unlikely turn of events, Newtown's real estate market has seen an “unusual” trajectory this year, according to Newtown Board of Realtors President David ... Chris Heller leaves loanDepot and mellohome for AI real estate company OJO Labs HousingWire Chris Heller shocked the housing world last year when he stepped down as CEO of Keller Williams to become the CEO of mellohome, loanDepot's attempt to ... WeWork shakes up commercial real estate - like it or not Yahoo News With its free coffee, couches and glass partitions, shared workspace startup WeWork has shaken up both office culture and commercial real estate. Brushing ... North Texas Real Estate Agent Ashley Williams Has License Revoked; Dozens Of Clients Claim She Owes Them Thousands Of Dollars CBS Dallas / Fort Worth FRISCO, Texas (CBSDFW.COM) – A former North Texas real estate agent is accused of taking nearly a half-million dollars from her clients and business ... Real estate news: Surf City retail building sells for $4.1 million OCRegister A multi-tenant building shadow-anchored by Sprouts Farmers Market in Huntington Beach has been sold for $4.1 million, according to Hanley Investment Group ... Real estate transactions: Ontellus, PBK, ZXP Technologies ink big leases Houston Chronicle PBK, an international architecture and engineering firm, has expanded and extended its lease to 40,000 square feet at 11 Greenway Plaza. The company will ... Bad sign for commercial real estate: The architecture business is slowing down CNBC A key read on the industry, the Architecture Billings Index, fell into negative territory in June, according to the American Institute for Architects. Inquiries for new ... Four Tips For Building Confidence In Your Real Estate Career Forbes The job of facilitating someone's largest purchase and lifelong aspiration is no easy task. As real estate agents, we are given the responsibility of assisting in a ... This week in celeb real estate: Dr. Dre’s Woodland Hills manor hits the market, real estate mogul makes pricey condo buy…and more The Real Deal Celebrity television star Kelsey Grammer and his ex-wife put their home on the market, and the widow of the late television star Michael Landon sold her Malibu ... Google partners with Australian developer on massive San Francisco real estate project Fox Business Google is partnering with an Australian real estate developer to complete its plan to build housing and other developments through the San Francisco Bay Area. How E-commerce is affecting South Florida’s industrial real estate market Miami Herald Combine South Florida's consistent and now more-dense population growth, the Amazon Effect, a healthy economy and limited land supply and you have a ... Camarillo real estate agent charged in tax-skirting scheme Ventura County Star A Camarillo real estate agent has been charged in an alleged scheme to avoid taxes on her commissions, according to prosecutors. Real Estate Businessman Ordered To Explain How He Built A $12 Million Portfolio Forbes A businessman in the North of England, U.K., has had his £10 million ($12.2 million) property business seized by crime agencies until he can explain how it was ... Adam Neumann, CEO of WeWork, owns over $80 million of real estate Business Insider Neumann has purchased over $80 million worth of residential real estate since starting WeWork nine years ago, The Wall Street Journal reports. Real Estate transactions from July 10 to 17 - PineCreek Journal TribLIVE Thursday, July 18, 2019 | 2:15 PM. 1414013_web1_RealEstate. Pine. Cesar A Simbaqueba Clavijo sold property at 309 Connemarra Court to Samuel Durkan ... Haus, the real estate startup founded by Garrett Camp, raises $7.1M TechCrunch Haus, a startup aiming to make home ownership more affordable and flexible, is announcing that it has raised $7.1 million in new funding. This amount ... Sponsored: Real Estate Confidential: What do you really, really want? Martha's Vineyard Times Real Estate Confidential is a weekly chit-chat about new listings, sales, or other insider info on the Martha's Vineyard Real Estate market, by Fred Roven, ... Kentwood drops top real estate team after hip-hop parody draws criticism 9News.com KUSA DENVER — Kentwood Real Estate cut ties with Team Denver Homes, the company's self-proclaimed #1 selling unit, after the real estate agents made a hip-hop ... Moore Real Estate | Fort Worth Fort Worth Star-Telegram DeeAnn Moore of Moore Real Estate presents a modern work of art located in Mira Vista, Fort Worth's only 24-hour guarded and gated golf course community. SWFL real estate market is booming Wink News After the blue-green algae crisis pummeled Southwest Florida, home values and sales sank. But not anymore. Now, clean water may be helping fuel a renewed ... Russell Canouse: DC United midfielder, real estate agent, USMNT hopeful MLSsoccer.com WASHINGTON – When D.C. United midfielder Russell Canouse became an officially licensed realtor this spring, he insisted it was the fulfillment of a personal ... Berkshire region real estate sales June 30 – July 6, 2019 | theberkshireedge.com Adams. 27 Orchard St: Jeremy M. and Jessica L. Ford of Adams to Leah Thompson, $146,050 on 07/09/2019. 8 Ruel St: USA HUD of Adams to Luisa Volpi, ... Inside Tiger Woods' multimillion-dollar real-estate portfolio Business Insider Along with his PGA Tour wins, Tiger Woods has also accumulated an impressive fortune: In 2018, Forbes estimated that Woods was worth $800 million. Iredell County real estate transactions: July 7-10 Statesville Record & Landmark The following deeds were filed in the Iredell County Register of Deeds office from July 7-10. For more information regarding specific plots of land, visit ... Commercial real estate highlights Richmond.com Here's a look at recent commercial leases and sales in the Richmond region, as reported by the real estate brokerages. Former West Hills Lawyer Accused of Stealing $2 Million in Real Estate Fraud Scheme Charged in 3rd Case KTLA Los Angeles A former West Hills Lawyer accused of stealing $2 million from property owners in a real estate fraud scam has been charged in a third case and two other ... Abu Dhabi extends gains, Dubai lifted by real estate Nasdaq July 22- Abu Dhabi's stock market rose for a fifth straight session on Monday, led by its biggest lender after strong second-quarter results, while. Real estate tax escrow shortfalls plague North Side homeowners Loop North News Most Chicago homeowners still haven't recovered much of the home market value they lost after the Great Recession, but that hasn't stopped property tax bills ... Americans favor real estate over stocks for long-term investment, analysis says Fox Business A new survey by Bankrate found that Americans have turned away from stocks and say real estate is their favorite long term-investment. Fifth Wall Ventures raises $503M for second real estate fund TechCrunch Fifth Wall Ventures, an investor in Clutter, b8ta, ClassPass, Lime and others, has raised $503 million for its sophomore venture capital fund. The firm, which ... 10 real estate agent myths outsiders believe Inman.com From the outside looking in, the reality of what real estate agents do and what we are like is often quite different than the perception consumers — or even ... Collabra Technology Launches FlashCards™ Innovative Social Media Videos for Real Estate Marketing MarTech Series Collabra Technology, the leading digital marketing platform for the real estate industry, announces the introduction of FlashCards instant property videos for ... Crime Real estate exec Scott Gragson indicted for fatal crash Joyce Lupiani 1:42 PM, Jul KTNV Las Vegas LAS VEGAS (KTNV) — Real estate executive Scott Gragson has been indicted for the fatal crash that killed Melissa Newton and injured 3 other passengers on ... Real Estate Startup VTS Names M&A-Savvy CFO After Reaching Unicorn Status Wall Street Journal VTS Inc. hired a mergers-and-acquisitions veteran as its next finance chief, a move that comes on the heels of a funding round that propelled the real-estate ... Disbarred lawyer masterminded real-estate scheme selling occupied homes she didn't own, police say WLS-TV Authorities say three Los Angeles-area suspects forged signatures in an elaborate scam to sell property they didn't actually own. Manitowoc County real estate transfers and homes sold: July 21, 2019 Herald Times Reporter Recent real estate transactions in Manitowoc County. Jersey Cape Realty Featured Property | Real Estate Cape May County Herald 61 Capewoods Road. 4 beds, 2 baths. North Cape May. $349,000. The #1 Neighborhood in Lower Township! Extra-deep lot in Charming Cape Woods. Sip your ... Aquaponics a new idea in health care environment Colorado Real Estate Journal It wasn't long ago that we either grew our own food or knew the farmer who grew it. However, in recent decades, small local farms have been virtually wiped out ... Scenes from D Magazine's Walkability and Profitability Real Estate Panel D Magazine On Thursday, July 11, guests from all over Dallas gathered at The Adolphus Hotel for D Magazine's Walkability and Profitability Real Estate Panel. Metropolitan ... China city backpedals on plan to end real estate curbs Reuters The city of Kaifeng in China's Henan province has reversed a decision to ease restrictions on real estate transactions, it said in a statement on Saturday, after ... Real Estate Market Trends Flathead Beacon Last week we looked at countywide home sales, for the past five years, by quarter. Now let's see the land sales numbers (see chart). Last year's second quarter ... Chris and Mary Pat Christie Team Up With Real Estate Firm for Opportunity Zone Fund Barron's The former New Jersey Governor and his wife are teaming up with Hampshire to pour $150 million into projects in the state, particularly the low-income areas ... REAL Trends + Tom Ferry Announce 2019 America's Best Real Estate Agents List Seventh Annual Real Estate Ranking PRNewswire TAMPA, Fla., July 18, 2019 /PRNewswire/ -- Hughes Shelton Team – Mike Hughes & Jeff Shelton of Coldwell Banker were named one of America's most ... Lebanon County real estate transfers for week of July 15 Lebanon Daily News The following real estate transfers were recorded recently in Lebanon County: Lebanon. Karen L. and James S. Garloff to Jose L. and Alejandrina Lopez, 31 S. Thorn Hill Industrial Park buildings sold to real-estate investor for $14.25M Tribune-Review Two buildings in the Thorn Hill Industrial Park has been sold to a private real-estate investor by the Regional Industrial Development Corporation of ... Here’s Why I Think Renta Corporación Real Estate (BME:REN) Might Deserve Your Attention Today Simply Wall St For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to investors, even if it completely lacks a track ... |
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