What is the Economic Impact of Buying a Home?

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Why does it make sense to invest in Orlando?Everything is always bigger in America, including your potential rental returns.

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Now investors far and wide have taken a new interest in a market once ascribed a ‘hands off’ warning. Rumors of yields you wouldn't get anywhere have surfaced,and the American economy looks healthy enough to pay the gossip a listen.    The rewards can be great, If you invest in a quality area, it is not unusual to see your property returning a  net yields of between 6% and 9%.   Orlando is the 3rd largest city in the state of Florida. The Greater Orlando metropolitan area is home to 2,134,411 people. It is also the number one holiday destination in the USA. And it’s not hard to see why with tourist attractions such as Walt Disney World, Universal Studios, Sea World and Kennedy Space Center. But apart from its obvious attractions, what makes Orlando a good place to invest? Tourism Tourism contributes approximately US$ 28.3 billion to Orlando’s US$ 95.8 billion economy. The city has more than 116,000 hotel rooms; only Las Vegas has more. ...
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Tampa Bay and orlando #homes included in #Blackstone's first #rental-backed security deal.

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In the first-ever REO-to-rental securitization deal (REO stands for real estate owned) Blackstone is packaging rental income from single-family homes it owns into a pass-through security, similar to a mortgaged-backed security, and seeing who wants some. After New York, the reported $500 million deal’s lead manager Deutsche Bank , along with underwriters JPMorgan Chase and Credit Suisse, take the dog and pony show to Boston tomorrow and Los Angeles on Friday. Even with one rating agency, presumed to be Moody’s, supposedly bestowing the coveted AAA stamp of approval on the deal, investors may have a hard time figuring out if the new asset class is a trick or a treat. It’s easy enough to see why the world’s largest private equity company, after spending close to $7.5 billion amassing a portfolio of 40,000 foreclosed single-family homes it intends to rent, wants to get money out of the “trade,” as Reuters calls the deal. The new securities will likely include some of the homes that we...
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