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Get to know more about The Four Corners area

Get to know more about The Four Corners area

by | Sep 18, 2023 | Blog, Buyers, Homes, Villas and Condos, Investment Property in Florida, Long Term Rental, New Construction, Property Management, Real Estate Components, Renters, Sellers, Theme Parks and Attractions

Get to know more about The Four Corners area

Why move to the Four corners area 

 

Lake County

Location and Geography: Understand the town’s location, geography, and surroundings. Consider factors like proximity to major cities, access to natural amenities (e.g., mountains, beaches), and the local climate.

Housing Market: Investigate the town’s housing market, including rental and purchase prices. Determine the type of housing that suits your needs and budget. Check out properties for sell in the area  Resale Properties New construction 

Commute and Transportation: Calculate your daily commute time and transportation options. Determine if public transportation, walking, or biking is feasible, and assess the town’s traffic patterns

Community and Lifestyle: Explore the town’s culture, lifestyle, and community. Consider your interests, hobbies, and how well they align with what the town offers. Check out our Blog for future events 

Orange County

Location and Geography: The county seat is Orlando, which is also the largest city in Orange County. The county is known for its vibrant tourism industry, with popular attractions such as Walt Disney World, Universal Orlando Resort, and SeaWorld Orlando. Orange County is also home to a diverse population and offers a range of cultural, recreational, and educational opportunities.

Housing Market: It is a desirable location due to its proximity to popular attractions  and a range of amenities. These factors have contributed to a steady demand for housing in the area.

Commute and Transportation: Orange County has an extensive network of roads and highways, including Interstate 4 (I-4) and the Florida Turnpike, which provide convenient access to different parts of the county and beyond. Lynx is the public transportation system serving Orange County. It operates a network of buses that cover a wide range of routes throughout the county, including express routes to downtown Orlando. Lynx also offers a paratransit service for individuals with disabilities.

Community and Lifestyle: Orange County offers a vibrant community and a diverse lifestyle. The county is known for its warm climate, beautiful beaches, and numerous recreational opportunities such as a variety of outdoor activities, including water sports, golfing, hiking, and biking. Residents can enjoy exploring the county’s many parks, nature preserves, and lakes. Orange County is famous for its world-class theme parks, including Walt Disney World, Universal Orlando Resort, and SeaWorld Orlando. These attractions draw visitors from around the globe and provide residents with endless entertainment options.

Osceola County

Location and Geography:  Osceola County is characterized by a mix of urban and rural areas. It is part of the greater Orlando metropolitan area and is known for its proximity to popular tourist destinations. The county is bordered by Lake Tohopekaliga to the west and the Kissimmee River to the east. It also encompasses parts of the Kissimmee Chain of Lakes, which offers recreational opportunities for boating and fishing. Osceola County has a diverse landscape, including wetlands, forests, and agricultural areas. The county’s location in Central Florida provides a subtropical climate, with hot and humid summers and mild winters.

Housing Market: Osceola county offers a range of housing options, including single-family homes, townhouses, and condominiums. The prices and availability of properties can vary depending on factors such as location, size, and amenities. Osceola County has experienced significant growth in recent years, driven by factors such as its proximity to popular tourist destinations like Walt Disney World and Universal Orlando Resort, as well as its strong job market. This growth has led to increased demand for housing in the area. 

Commute and Transporation: Major highways that pass through or near Osceola County include Interstate 4 (I-4), which runs east-west and connects the county to Orlando and Tampa. State Road 417 (Central Florida GreeneWay) is a toll road that provides a convenient route for traveling north-south through the county. State Road 192 (Irlo Bronson Memorial Highway) is another major road that runs east-west and is known for its commercial areas and access to popular tourist destinations.

Community and Lifestyle: Osceola County offers a range of recreational activities and amenities. It is known for its natural beauty, with numerous lakes, parks, and outdoor spaces for residents to enjoy. The county also has a strong focus on sports and recreation, with facilities for golf, tennis, soccer, and more. Additionally, the county has a strong sense of community with various events, festivals, and cultural celebrations throughout the year. The local school system strives to provide quality education, and there are also higher education institutions in the area.

Polk County

Location and Geography: It encompasses a mix of urban areas, suburban communities, and rural regions. The county is known for its numerous lakes, with over 550 lakes dotting its landscape. The largest lake in Polk County is Lake Kissimmee. The county’s terrain features a combination of flatlands, rolling hills, and wetlands. Polk County is also home to various natural attractions, including state parks, wildlife preserves, and recreational areas. It offers opportunities for outdoor activities such as boating, fishing, hiking, and wildlife observation.

Housing Market: Polk County has had a diverse and competitive housing market. It is located in central Florida and offers a mix of urban and suburban areas. The county is known for its affordability compared to some neighboring counties, which can make it an attractive option for homebuyers.Factors such as population growth, economic conditions, and local amenities can influence the housing market in Polk County.

Commute and Transportation: Polk County is well-connected by a network of major highways, including Interstate 4 (I-4) that runs east-west through the county. Other important roadways include US Highway 27, US Highway 98, and State Road 60. Polk County offers public transportation services through the Citrus Connection. This includes fixed-route bus services that operate throughout the county, connecting various cities and communities. 

Community and Lifestyle: The county is home to several cities and towns, including Lakeland, Winter Haven, and Haines City, each with its own unique charm and amenities. The county also hosts various cultural events, festivals, and community gatherings throughout the year. Education is a priority in Polk County, with a number of public and private schools serving the community. The county is also home to several higher education institutions, including Polk State College.

    Ready to make a Move?

    Bardell Real Estate are the experts in helping you with your selling, buying or renting needs near Orlando, Florida. Make your Disney area experience a forever memorable one. Call us now to speak to a real estate agent.

     

    Just listed 333 LAKE HOWARD DR in Winter Haven

    Just listed 333 LAKE HOWARD DR in Winter Haven

    by | Sep 16, 2023 | Blog, Buyers, Homeowners, Homes, Villas and Condos, Investment Property in Florida, Real Estate Components, Renters, Retirement / 55+, Sellers

    Just listed 333 LAKE HOWARD DR in Winter Haven

    Blog Post 8

    333 Lake Howard Dr NW #204C, Winter Haven, FL

    Click here to Get Directions
    2 BEDROOMS
    2 BATHROOMS
    387 sqft Lot

    One or more photo(s) has been virtually staged. Welcome Home!! This 55+ community, piece of paradise in the heart of Winter Haven, Florida will not disappoint! Entertaining will not be an issue with your upgraded kitchen and spacious living area boasting with tons of light. This condo originally had a 3rd bedroom but was converted to formal dining room. The spacious master bedroom offers an on-suite bathroom with walk-in shower and closet. Enjoy all the amenities Imperial Harbours has to offer such as swimming pool, fitness center, and a private dock for boating and fishing on Lake Howard connected to the chain of lakes. Conveniently located just minutes away from Winter Havens finest shopping, dining, and recreational activities. Don’t miss the opportunity to make it yours! Schedule your private tour today and start living the Florida lifestyle today.

    Beautiful Townhouse Just Listed

    Beautiful Townhouse Just Listed

    by | Jul 12, 2023 | Blog, Homeowners, Homes, Villas and Condos, Investment Property in Florida, News, Property for Sale, Property for Sale in Orlando

    Blog Post 1

    3012 Yellow Lantana Ln, Kissimmee, FL

    bg-image Click here to Get Directions

    $429900

    4 Beds – 3 Baths – 2975 sqft Lot

    LOCATION, LOCATION, LOCATION ….. Privacy abounds at this beautifully maintained townhome which enjoys a prime position on the perimeter with no rear neighbors, west-facing pool & patio for afternoon sun, very close proximity to the clubhouse & wonderful amenities in the highly coveted guard gated community of Encantada Resort!! Encantada is nestled off Hwy 192 just minutes from Margaritaville and easy travelling distance to the theme parks, shops and restaurants. The resort amenities include an impressive and recently renovated clubhouse, 2 pools, hot tubs, fitness center, playground, business center, restaurant & bar, fishing pier and tranquil walking trails throughout this well manicured community. The home is being offered fully furnished & equipped ready to welcome your vacation rental guests, long term tenants or to become the perfect family residence. The spacious open floor plan comprises a family room, dining area with view of the pool, remodeled well equipped kitchen with sleek granite counter tops and stainless steel appliances. All appliances in the home were replaced in 2017 and all 3 bathrooms have been upgraded with granite counters and modern square sinks. The living area features custom made, fully lined drapes which extend across the 2 walls with windows & sliding glass door bringing an elegant vibe to the room whilst keeping the home cool and reducing electricity costs. A laundry closet, family bathroom and generously sized bedroom complete the layout downstairs and the bedroom enjoys the added benefit of direct access to the bathroom forming a private ensuite when needed. Upstairs offers a wonderful master ensuite along with a third bathroom shared by two beautifully presented guest bedrooms. Outside lies your own private oasis with block paver patio, inviting full size pool in a peaceful, tranquil setting overlooking a natural wooded area. The home has been the private retreat for the current owners over the past 8 years but offers all the hallmark features for a successful rental property. How many boxes does it check for you? Don’t delay! Ask your agent to schedule a viewing today! This exceptional home won’t last long!

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    Ready to make a Move?

    Bardell Real Estate are the experts in helping you with your selling, buying or renting needs near Orlando, Florida. Make your Disney area experience a forever memorable one. Call us now to speak to a real estate agent.

     

    Incredible Vacation Davenport Home

    Incredible Vacation Davenport Home

    by | Mar 15, 2023 | Blog, Homeowners, Homes, Villas and Condos, Investment Property in Florida, New Listing, News, Property for Sale, Property for Sale in Orlando, Real Estate News

    113 CYPRESS POINTE BOULEVARD, DAVENPORT, FL

    $510000

    4bed – 3bath – 0.21 acres lot
    Photos | Maps & Local | Schools | Print

    Positioned on an oversized lot in an exclusive community of only 69 homes. Situated towards the end of a cul-de-sac with no neighbors on one side or at the rear makes this location hard to beat. With a new A/C in 2021 and a new roof in 2022 this well maintained home is sold fully furnished making it perfect for a vacation/ second home or move in ready primary residence. A covered entryway provides access to the double doors leading into the foyer. Tile throughout the living areas, first floor comprises of a good sized family room with built in media center, dining room, well equipped kitchen with breakfast bar and a dining nook with views over the gorgeous pool and deck area at the rear. The master bedroom benefits from an en-suite with a generous walk-in closet and additional lockup – sliding patio doors provide direct access to the pool deck. Bedrooms 2 and 3 share a house bathroom and bedroom four, towards the front of the home has it’s own en-suite. Stairs in the foyer lead to a bonus room, currently used as a gym, but could equally make a great home office, craft room, home cinema or with just a little work a fifth bedroom. Sliding doors from the family room lead outside onto a covered, block paver patio with private in-ground pool and spa. South west facing and open to the east means sunshine all day, and evening, and “Florida Glass” keeps the entire area secluded. Over looking a large wooded area to the rear it’s the perfect place to relax or entertain – and it’s easy to forget that your are just minutes from Championship golf, shops, restaurants at ChampionsGate and all the Central Florida attractions. Looking for your Florida Oasis….welcome home!!

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    Ready to make a Move?

    Bardell Real Estate are the experts in helping you with your selling, buying or renting needs near Orlando, Florida. Make your Disney area experience a forever memorable one. Call us now to speak to a real estate agent.

     

    How to Buy Your First Rental Property

    How to Buy Your First Rental Property

    by | Mar 10, 2023 | Blog, Homeowners, Homes, Villas and Condos, Investment Property in Florida, News, Property Management, Real Estate News, Renters

    How to Buy Your First Rental Property

    How to Buy Your First Rental Property

     

    Owning a rental property can be a great way to start investing in real estate. However, buying your first property is just a small portion of running a successful rental business. If approached with no strategy, this can result in long vacancy periods or unfavorable experiences with tenants.

    To avoid that from happening, we share our best tips for buying your first rental property and important factors to consider as a soon-to-be landlord.

    7 Tips for Buying Your First Rental Property

    Managing a rental property can become stressful as a DIY landlord, but there are ways to make the process of buying and managing your first rental property easier. Here are nine tips to keep in mind as you go through each step.

    1. Determine if You’re Ready to Become a Landlord

    Even though many consider rentals as a way to generate passive income, there are still some responsibilities that will need to be handled throughout the year. In addition to managing tenants, becoming a landlord requires you to create rental applications, lease agreements, collect rent, and handle sudden maintenance issues.

    For that reason, it’s advised to determine if you’re ready to become a landlord prior to buying an investment property or if you’ll want to hire a property manager instead.

    2. Secure a Larger Down Payment

    There are various ways to finance rental properties — all of which may require more in a down payment and overall fees than owner-occupied properties. Most mortgage loans require a down payment anywhere from 3% to 20%, but some real estate loans require a minimum of 20% of the asking price since there’s a higher risk to financing an investment property.

    Not all lenders require 20%, especially if you can purchase mortgage insurance, but having a savings account can help you cover any down payment or property-financing expenses.

    3. Find Local Investment Properties

    The types of properties worth buying are located in a great area, offer in-demand amenities, and are close to highly-rated schools. You can either work with a Realtor that specializes in real estate investing to help you find investment properties or you can use websites like Realtor.com® to find properties yourself. 

    You also have the option to work with a local wholesaler or buy a foreclosure from a courthouse auction, but those properties may require more work to get them ready for tenants.

    4. Create a Rental Property Business Plan

    Creating a rental property business plan can be a great way to determine the goal of your business, your strategic plan, and outline the objective of your business. Although not required, establishing a plan prior to launching your rental business can ensure you enter the market prepared to handle hiccups with ease.

    5. Determine Your Rent Price and Operating Expenses

    Both your rent price and any operating expenses you expect to pay will need to be identified to determine your property’s profitability. Some landlords explore rental sites to see how much other landlords are charging for similar properties.

    Operating costs can include costs like maintenance repairs, listing your property online, turning over an apartment, and tenant screening reports. Each cost varies depending on where your property is located, the amount of times you turnover an apartment, and how comprehensively you want to screen prospective tenants.

    6. Purchase Landlord Insurance

    You never know what could happen when renting out your property to tenants, which is why it’s advised to invest in landlord insurance. Most insurance providers offer policies with different levels of protection to landlords. However, tenants should still be required to purchase renters insurance to ensure their own belongings are protected during the lease term.

    7. Familiarize Yourself With Landlord-Tenant Laws

    As a landlord, you’ll need to follow local landlord-tenant laws and Fair Housing laws during the rental process to avoid legal situations that can damage your rental business. These laws can also impact how you handle rental security deposits, screen tenants, and evictions. By regularly checking your local laws and any changes that directly impact the rental industry, you can avoid any lawsuits or violation of any renters rights.

    Looking for rental services in Orlando – we can help.

    We work with our Owners and tenants as individuals and never under estimate what it takes to keep you happy with your choice of Management Company.

    By doing our due diligence with our clients, tenants, and vendors we create a service that exceeds expectations and generates positive referrals. Click one of the buttons below and start your journey with a Residential Property Management company that really cares.

    Ready to make a Move?

    Bardell Real Estate are the experts in helping you with your selling, buying or renting needs near Orlando, Florida. Make your Disney area experience a forever memorable one. Call us now to speak to a real estate agent.

     

    What Is Rental Property Depreciation?

    What Is Rental Property Depreciation?

    by | Feb 4, 2023 | Blog, Homeowners, Homes, Villas and Condos, Investment Property in Florida, News, Property Management, Renters

    What Is Rental Property Depreciation?

    What Is Rental Property Depreciation?

     

    Rental property depreciation can help you deduct property-related costs to lower your taxable income for the year. Tax professionals typically help in calculating depreciation for your properties, but there are benefits to knowing what rental property depreciation is and what to keep track of as a landlord.

    Here’s everything you need to know about rental property depreciation and how to calculate depreciation for your properties.

    What Is Rental Property Depreciation?

    Rental property depreciation describes a property’s reduction in value due to wear and tear or property damage. Depreciation can help landlords recover the costs associated with income-producing properties (such as buying, improving, and managing costs) and must be taken over the expected life of the property.

    How Does Rental Property Depreciation Work?

    According to the Internal Revenue Service (IRS), you can begin to depreciate your property once it’s ready to rent and available to tenants. Depreciation ends once you’ve fully recovered your costs or when the property is no longer a rental, whichever comes first.

    An example of rental property depreciation is as follows: You purchased a rental property on June 20 and published a rental listing for the rental property on August 15. You’ve completed the tenant screening process and found your next tenant set to move in by September 1. Depreciation on the property would begin in August, since your property was ready to be leased in that month.

    Rental property depreciation can continue even if the property is not in use, whether it be to make extensive repairs or during the process of finding a new tenant. There are different depreciation methods to follow, but this is often determined by a certified tax professional when completing your taxes.

    Can Your Rental Property Be Depreciated?

    Your rental property must meet the following requirements set by the IRS to qualify for rental property depreciation:

    • You must be the owner of the property
    • The property must be used to generate income
    • You must be able to determine useful life for the property that’s more than one year

    If you’re unsure if your property qualifies, you can refer to a certified tax professional to help answer your questions.

    How to Calculate Depreciation on a Rental Property

    To calculate depreciation on a rental property, you’ll need the cost basis of the property, the recovery period, and recommended depreciation method. Rental properties placed in service (or in use) after 1986 can follow the Modified Accelerated Cost Recovery System (MACRS) method that spreads costs over the span of 27.5 years — the useful life of a rental property, according to the IRS.

    Ideally, a certified tax professional would help you calculate depreciation on a rental property to ensure your tax forms are filled out correctly. However, here are three steps to take to help you perform the calculation yourself.

    1. Determine the cost basis of your property: The basis of the property is the total acquisition cost, including the mortgage, legal fees, transfer taxes, and title insurance. This number is then subtracted from the value of the land the property is built on.
    2. Separate the cost of land and buildings: You can only depreciate the cost of the building, not including the land. To separate the cost between the two, you can refer to the property’s fair market value for individual costs.
    3. Use a property depreciation calculator: Use a property depreciation calculator to determine the cost basis, recovery period, and place in the service period for your property.

    The depreciation you calculated can then be shared with a tax professional to confirm the amount is correct.

    How Much Does Depreciation Reduce Tax Liability?

    You can report your rental income and expenses for your rentals on a 1040 tax form. The depreciation amount will need to be outlined on the appropriate line of Schedule E to reduce your tax liability for the year. Tax liability reduction will depend on the tax bracket you’re in and how much depreciation you report.

     

    Looking for an Experienced Residential Property Manager?

    If you have a home to rent in the Orlando area be assured there is no substitute for experience. Covering Clermont, Winter Garden, Windermere, Dr Philips, Kissimmee, Davenport, Champions Gate, Hunters Creek and Haines City. We remain focused on this greater Orlando area to ensure we are able to provide outstanding service to our Clients without sacrificing performance. Looking for an experienced residential Property Manager in the Orlando area with a demonstrable track record – look no further.

    Call us today to find out more (863) 424-2309

    Ready to make a Move?

    Bardell Real Estate are the experts in helping you with your selling, buying or renting needs near Orlando, Florida. Make your Disney area experience a forever memorable one. Call us now to speak to a real estate agent.