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So today we're going to go out and experience Orlando on the
field - right on the floor, on the ground. We're here to see,
we're here to see, touch, feel, and everything else. The first
one we're going to is a luxury single family home. Our condos
have been selling extremely well so we've been getting fewer and
fewer condos. But now we're seeing more single family homes.
And so, right now, we don't usually show a luxury single
family home to investors. But right now the prices are so
good, we're going to show you one that's a representative of
about 5 different neighborhoods in Central Florida that we can
get the same property. There's nothing like it. Taking the bus
tour and actually seeing those houses, and seeing that you can
actually get them for $42,000...for $65,000. Seeing
that for yourself is...it's just...phenomenal. Now this one
is a 5/3 and it's about 35 to 3600 square feet. And the list
price is $190,000. This is famous for so many things. It's
a beautiful city and it's very progressive and we can get this
luxury property to still cash flow. That's amazing to me! We
look at it go, oh, it's $190,000 but what's the cash flow? Wait a
minute. Did you hear? And I can go on and on. And then it's got
a golf course and the golf course is amazing. And just all
these different things and it's $190,000? But on top of that, it
cash flows. How many sales do you think there were in this
community in the last 90 days? In the last 90 days, for the
5/3, there were about 7. Seven sales? Closings...sold. Yes. And
the average sale was $235,000. For this unit. Now you're
dealing with people that know, they understand that, they've
got the connections. So when you've got the connections in
place, it's a no-brainer. It just simply means get out there
and do it and you will have success, and there's from what
we see, there are all sorts of examples backing that up. What
we need to do, what we need to understand is that when you're
evaluating investments, that's not how you evaluate
investments. Investments evaluated on your personal
preferences, your personal tolerance, and what your
personal resources available. So you see, we've got to see the
house and not the condition. Because the other houses are
perfect...one of them is $175,000 and it's in perfect
shape.