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Old 03-19-2011, 06:29 PM
 
4 posts, read 7,961 times
Reputation: 11

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Orlando-Terraces at Reunion condo is for sale around 170+ .
is this a good place to invest for long term rental ?
thanks folks in Orlando !
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Old 03-19-2011, 07:35 PM
 
Location: Lake Mary, Florida
793 posts, read 2,152,281 times
Reputation: 264
Based on the amenities, short or long term rental and todays prices it looks good, based on the distance to jobs long term best factor short term in your plans.

Hope this helps,
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Old 03-05-2012, 11:55 PM
 
1 posts, read 1,476 times
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Selling or 129k March 2012, so I guess the answer was no. Maybe now is the right time.
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Old 01-13-2013, 04:05 PM
 
1 posts, read 1,134 times
Reputation: 10
Default Terraces at Reunion, UNSAFE

My wife and I checked out Terraces at Reunion and noticed huge lapse in the design. This is the only development in Reunion Resort without a guard to control traffic. Instead they have an old looking gate with a smallkeypad, and a phone number anyone can call to get in. When we went there were several cars waiting to just ride in on whoever put in code. Even though we looked, felt it a poor investment despite prices based on the lack of security alone. Disney is a tourist area and is well documented these vacation homes are broken into frequently. Plus if we rented it, we felt safety not taken seriously enough. We purchased near by. Great deals to be had. Many safer options than Terraces who seem to be fire selling bad investment lot from developer with NO regard for the long term or security of it.
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Old 01-13-2013, 09:54 PM
 
Location: Orlando
8,221 posts, read 10,952,062 times
Reputation: 4022
Guess it all depends on what sort of return you like and the time frame you want it in. There are certainly better investments out there. My investors tend to turn about 40-70% in a few months. There are a million ways to make $$ in RE.
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