{"id":5118,"date":"2013-09-09T09:00:24","date_gmt":"2013-09-09T13:00:24","guid":{"rendered":"https:\/\/orlandorealtyconsultants.com\/?p=5118"},"modified":"2022-04-27T21:56:47","modified_gmt":"2022-04-27T21:56:47","slug":"orlando-real-estate-is-flipping-hot","status":"publish","type":"post","link":"https:\/\/orlandorealtyconsultants.com\/es\/orlando-real-estate-is-flipping-hot\/","title":{"rendered":"Orlando Real Estate is Flipping Hot!"},"content":{"rendered":"

Bienes ra\u00edces en Orlando<\/a><\/strong> is once again providing some of the best market conditions in the U.S. for house flippers to make a fat paycheck. Homes are in serious demand and prices keep rising. For smart investors, this means big money. The practice of buying homes and then rehabbing them to sell for a big profit reduced drastically <\/span><\/span>during the prolonged downturn after the real estate market crash of 2007. Within the last two years or so, we’re seeing the Orlando Real Estate market get increasingly hotter<\/strong>.\u00a0 <\/span><\/p>\n

With home prices climbing again and buyers circling for deals like sharks in bloody water, rehabbers are again flooding back into the market to capitalize on the appreciation.<\/span><\/p>\n

We’re also seeing a tremendous opportunity for people or companies that are able to buy houses in bulk, then turn around and flip them. It’s obvious that Orlando has completely changed to a seller’s market.<\/a><\/p>\n

The company RealtyTrac analyzed over 700 metro areas in the nation where single-family homes were rehabbed and flipped last year. Then they selected the top 25 areas based on the gross profit as a percentage of the original sale price of the property.<\/span>
\n<\/span><\/p>\n

Orlando’s ranking came as a result of over 2,500 single-family homes that were flipped in the past year, that’s over an 85% increase over the homes that were flipped in 2011-2012. <\/span> <\/span>
\n<\/span><\/p>\n

The average purchase price of those properties was around $120,000.00 with an average sale price of around $155,000.00. That means a $35,000.00 average gross profit on those flips which translates into a 32 percent yield according to RealtyTrac.<\/span>
\n<\/span><\/p>\n

Do you want to see just how much your house is worth? \u00a0 Visit us here at https:\/\/orlandorealtyconsultants.com\/<\/a> to use our Home valuation Tool<\/p>\n

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Orlando real estate is once again providing some of the best market conditions in the U.S. for house flippers to make a fat paycheck. Homes are in serious demand and prices keep rising. For smart investors, this means big money. The practice of buying homes and then rehabbing them to sell for a big profit […]<\/p>\n","protected":false},"author":4,"featured_media":22981,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[5,6],"tags":[215,50,10,12,109],"class_list":["post-5118","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-orlando-real-estate","category-orlando-realtors","tag-john-conde-realtor","tag-orlando-investment-property","tag-orlando-real-estate-2","tag-orlando-realtors","tag-realtors-in-orlando"],"acf":[],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t