Property Management Blog

Property Management Blog

Lake Nona Property Management by a Professional Property Management Company: Lake Nona

Jobe Peterson - Monday, September 7, 2020
Property Management Blog

Why Lake Nona?

Lake Nona is a newly planned and developed community in southeast Orlando. Directly off of 417 and Boggy Creek Road, the location is conveniently located near Orlando International Airport and short commutes to Downtown Orlando. Lake Nona is known for its sense of health, wellbeing, and sense of community. Smaller community with a total population of 11,718. As infrastructure continues to grow, so does the population. Bring in White Collar professionals primarily in the medical and tech industries. Many of the new and established Lake Nonians live in stunning master-planned neighborhoods such as Lake Nona Golf and Country Club, Laureate Park, Isles of Lake Nona, Enclave at Villagewalk, Somerset Park, Northlake Park, Gatherings of Lake Nona. Diversely planned, mixed-use communities feature charming older homes mixed with new high tech craft homes within a 15 mile Lake Nona radius. Established neighborhoods such as the world-class Lake Nona Golf and Country club feature luxury homes and world-class amenities. If you're an avid golfer, the area, nestled around a Tom Frazio designed golf course, featuring a clubhouse, lodge, Bath & Racquet Club. Or, check out the new high tech, modern contemporary styled townhomes in Laureate Park.

Lake Nona features endless Live, Play, Stay and Work lifestyles. The community built around those four pillars. The community slogan is "Living Here is Living Better." Locals rave shopping and local eateries located at Lake Nona Village, Lake Nona Town Center, Shoppes at Nona Place, and Northlake Park. Being a Lake Nona resident means you never need to leave the community searching for shopping and world-class cuisine.

Why Own a Lake Nona Rental Property?

Simple, major growth. Lake Nona is ripe for the future ahead and will undergo significant developments in the years ahead. The community featured on CBS as a "Huge community where yoga is free and events promote neighborhood bonding." Community bonding and events are spreading the word about Lake Nona living. The name is out, and many new residents are flocking to the Lake Nona area. As a professional property management company in Orlando & Lake Nona, we have seen homes listed For Rent and Leased in the same day. 

If you are thinking about renting your home in Lake Nona, you'll find high-quality tenants working and earning generous salaries from top companies in Lake Nona. According to Point2Homes, on average, Lake Nona households make $101,785.47. Housing Units are deficient at 5,044 (continuing to rise), and many residents of Lake Nona own their homes versus renting. With the data and experiences managing and renting Lake Nona homes, tenants are willing to increase rents to secure their Lake Nona rental home. Lake Nona is similar to Winter Park, Florida, and Windermere, Florida, when it comes to renters demographics and days on the market for rental properties; they go fast.

Lake Nona Rental Property Appreciation

Landlords in Lake Nona may not be filling their pockets with monthly cash-flow, although they will be creating property appreciation. As rental property advisors in the Orlando, Florida market, we don't typically send real estate investors looking for monthly cash-flow to the Lake Nona area, because Lake Nona home and rental property prices are currently at a premium. Instead, Lake Nona landlords and real estate investors have a safe rental property strategy. Their goals and plans are to create safe investments into growing areas that are ripe for appreciation. Tenants in Lake Nona are willing to pay rents much higher than surrounding Orlando areas. If you have a mortgage on your home, your tenant will be paying down your mortgage while your rental property is appreciating. Many rental properties in Lake Nona are homeowners that decide to rent their home or need to rent their home from job-relocation, home-upsizing or relationship changes. Property appreciation is one of our favorite investment strategies, and Lake Nona is one of the best areas in Central Florida for doing just that.

How to Rent My Lake Nona Property?

When renting your Lake Nona home, you must first know what price you will list your home for; setting the rent for your rental property in Lake Nona is difficult because each residence varies in their features, many of which are custom-built features. When you list your rental home, you will need to screen your tenants to make sure they are qualified candidates for paying rent every month and maintaining your asset. Many DIY landlords have no idea where to begin when it comes to qualifying their prospects. Orlando professional property management companies will screen tenants for Credit Verification, Rental Records and References, Employment Verifications, Background Check, and Nation-wide Eviction Search. Once you have placed a qualified tenant, you will want to collect rent and begin earning rental property income. If you need a place to start, reach out to The Listing Real Estate Management for your free rental analysis for your Lake Nona home.

Award-Winning Residential Property Management: Lake Nona

As your award-winning residential property management company in Orlando & Lake Nona, we handle your rental property. Our goal is to find you quality tenants and manage your Lake Nona property to the highest standards.

If you'd like to learn more about our Lake Nona property management services, reach out to The Listing Real Estate Management. We have years of experience managing homes in Lake Nona and surrounding Orlando communities. Allow us to show you The Listing difference for property management in Lake Nona.


Author

Jobe Peterson



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