Orlando, Florida real estate agent J.C. Penny, Owner/Broker of J.C. Penny Realty, has announced the launch of a new website designed to make searching for investment properties zoned for Short Term Rental much easier. Homes zoned for Short Term Rental, or STR, are highly sought-after for their investment potential due to their proximity to Walt Disney World, Orlando.
Online PR News – 27-September-2010 – – Orlando, Fla. - Orlando, Florida real estate agent J.C. Penny, Owner/Broker of J.C. Penny Realty, has announced the launch of a new website designed to make searching for investment properties zoned for Short Term Rental much easier. Homes zoned for Short Term Rental, or STR, are highly sought-after for their investment potential due to their proximity to Walt Disney World, Orlando.
J.C. Penny Realty specializes in finding STR properties for seasoned investors as well as vacationers-turned-investors. His customers have repeatedly asked for ways to search online for rental homes in order to buy them to implement cash flow investing strategies such as those taught by author Robert Kyosaki, but until now, it has been difficult to get good information on available STR properties.
The reason, according to J.C. Penny, is that many listing agents aren't experienced in this type of sale and don't specify whether a property is zoned STR when they create an MLS listing.
"The MLS database is basically garbage-in-garbage-out. If the information is not included in the listing, you have to have other ways to determine if a property is zoned as a Short Term Rental or not. That's where our expertise comes in."
He says that working with a reputable firm like J.C. Penny Realty, which is a recognized expert in buying and selling STR properties, ensures that buyers are getting assistance from someone who understands the ins and outs of STR investing.
"The failure to understand the ordinances governing rental properties in the Orlando Walt Disney World area can really waste a lot of time and money if you are not careful. We make it our business to know which properties are okay to buy for rental property income and which ones are not."
He says that he has had numerous customers over the years come to him in frustration after finding a property they thought could be used for Short Term Rentals, but found out that zoning ordinances prohibited it. As a result, he commissioned a real estate website developer to create a site geared specifically to searching for homes that could be rented out to holiday-makers for investment income.
"We've found that STR properties have retained their values a lot better than other properties, because there is increased demand for them. The key is to know which housing communities are zoned STR, and that's the information our website provides."
J.C. Penny says the new site provides convenient links at the bottom of the page that link directly to STR listings within 0-5 miles, 5-10 miles, and 10-15 miles of Disney.
So who are the largest buyers of STR properties right now?
"We have a lot of buyers from the U.K. and Canada who contact us through the Internet or come to Walt Disney World on holiday and end up talking to us about purchasing a vacation home."
"All of them have questions and concerns about Legal Advise, Taxes, Visa, Property Management and their Return On Investment, and that is where we can help them get the peace of mind and answers they deserve. We help with every aspect of a long distance transaction, including foreign currency exchange logistics."
For more information:
J.C. Penny, Owner/Broker
J.C. Penny Realty
502 Canna Dr.
Davenport, FL 33897