Take advantage of Builder Inventory and Save Big!
Everyone is looking for a great deal—one that gives them high occupancy and rental rates, plus a higher than average return on equity. I urge you to take a hard look at builder inventory homes. Builders are much more willing to negotiate on a house that is already built—one that is tying up precious capital.
Case in point—I have recently had several clients interested in purchasing new construction investment vacation and residential homes in the Champions Gate Community . This is an incredible community –ideal location coupled with unbeatable amenities. Problem is that demand has been so strong that the builder, Lennar Homes, is struggling to keep up. If you want to contract to build on a lot in Champions Gate don’t expect much in the way of negotiating off of their published price or the floor plan design that is permitted on the lot you choose. However, it is easy to buy one of the several inventory homes available in the Country Club– a residential golf course community that can also be used for long term rental investment homes. Once these inventory homes have been snapped up Lennar is once again incentivized to work with new construction buyers and get more new construction homes off the ground in both their short term and long term rental communities.
I am also hot on Reunion and Solterra–both have a great location and excellent amenities. There are several builders in each community with inventory currently available.
My Advice? For new construction, look at an inventory home first to see if one may fit your investment objectives before spending more elsewhere. As Orlando’s best investment home Realtor, I have the experience in purchasing a new construction home. Please call me at 407-492-5702.