Living in Florida – 5 Reasons Why Investors LOVE FLORIDA
Living in Florida is for the young, the millennials, retirees… and investors. Investors love Florida for more ways than I could put in this video. So today I share 5 reasons why investors love Florida. And the best thing is that if they do, you will too. There’s enough for everyone to enjoy it here.
First, I share how Florida’s population is booming. Depending on which source you read, there are about 845 people moving here each day. That’s about 350,000 per year. So that’s like creating a new Orlando each where where people are living in Florida. With that, investors are clamoring to get their hands on more real estate – land included.
Next is job growth. From tourism to healthcare, aviation to IT… it’s expanding. And since the pandemic, folks are living in Florida as the business climate is much easier than other stated.
Then there is the real estate market. Florida is one of the most in-demand places in America. Inventory in the state is at all-time lows, prices are at all-time highs and there is no end in sight. From California, New York, New Jersey… folks are flocking as living in Florida is finally a real option for many.
With that is Florida’s strong rental market. Rental rates were 30-40% in many communities. With low housing inventory to buy, and prices rising above many folks’ budgets, they are renting at record rates. Investors know this. They are coming here to buy, lease and be part of living in Florida. Add the job market expanding, the state keeping it’s borders open.. this trend will continue.
Last is the quality of life in Florida. 1,350 miles of coastline is the largest in the USA. From millennials to retirees, the arts, financial hubs, cryptocurrency hubs in Miami… to Jacksonville where job growth just won’t slow. Living in Florida is living in the tropics. Clean air, year-round temperatures that allow you to wear shorts and flip flops and plenty of sunshine and vitamin D.
There are more than these 5 reasons why investors love living in Florida. And I’ll produce more about those soon. But this is just a taste of why Florida is a top spot for you to consider moving or relocating here.
00:00 Hi! 00:18 Top 5
1:15 Population
3:50 Job Growth
6:15 Real Estate Market
8:40 Rental Market
10:15 Quality of Life
12:25 Bonus Reason
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