Investing in Florida??

[Bakerdp]

Hello all & Merry Christmas

I'm new to this forum and looking for advice. I'm looking to buy a 4 bedroom pool home in davenport florida (orlando). I have rented a property many times in the area and now feel next year could be a great time to invest?? Does anyone have any advice for me???

Thanks
Darren

[www.goldbergglobal.com]

Darren we can help you in this area, please email darren@goldbergglobal.com for more details. thanks Darren C.

[Invest Star]

BAKERDP

BE VERY VERY CAREFUL IN FLORIDA - ITS A RIP OFF!!!

CHECK OUT THIS LINK:


http://www.propertycommunity.com/forum/scams...a-rip-off.html


My advice - keep renting your villa every year, do you know what the sales commission on one of these is........8-10%. You will do a lot of renting for the commissions you'll pay for overpriced property that you can't sell!!

[US Investment Loans]

If you are still considering purchasing in the US feel free to contact me. I can help answer many of your questions.

Ben Carmona
Mortgage Planning Consultant
'Specializing in Investment Loans'
First National Mortgage Sources
314-914-6052 (c)
866-226-6309 (f)
EliteMortgagePlanning@BenCarmona.com
BEN CARMONA - MORTGAGE PLANNING CONSULTANT

[Brandon61]

Are there immoral individuals that take excessive commissions? Sure and your job is to do your home work and don't sign that closing statement until you understand where your money is going. This blanket statement is sad. The investor protection laws in the U.S.A. are some of the strongest in the world. So your commission is to high - You still own the investment!
Unlike the current REAL scams in N.Africa taking peoples money and promising %450 return after 4 years - after the king and his lynch pen have run away with your money and your investment looks like a moving box after a cyclone. Or the "pre-development" oportunities in Argentina that never develop. THOSE ARE SCAMS. A high commission is not illegal because you get what you signed up to purchase.
There are more happy investors in Florida (and the rest of N. America) than in most other countries in the world.
Due diligence and real estate legal advice will reveal the high commissions and then you don't have to invest if you don't want to. I've made a lot of money in the U.S.A. on real estate and I pay the commission I feel is appropriate.

[rama1]

You should really do a homework. I am a RE agent from Miami. I could say that Orlando has a highest rate of foreclosures. In any case, if you need some additional info or help, send a private message me.