Once you’ve bought an investment property, you will want to do everything you can to make the most money out of it. If you’ve put the work into making the inside of the property the best it can be, then it’s time to turn your attention to the outside. You can never underestimate the power of curb appeal and outside storage. Most people want a space where their car or vehicle can be protected from the elements, so you can improve your investment property by adding a garage substitute. Add a Carport for an effective garage substitute.If your property doesn’t already have an attached garage, the best way to improve your investment property is to add a carport. A carport is basically an open-air structure with a roof that is big enough to fit a car in. While a carport won’t completely encapsulate a vehicle, it will still protect it from rain, sun, and snow. You can attach a carport to the property itself or have it freestanding. If you are trying to rent your investment property, an added carport can mean that you can ask more in rent, and a carport also adds value if you’re trying to sell your property. Add a metal building or shed for a garage substitute.If you have enough space on your property, then you should consider adding a freestanding building or shed. This type of garage substitute is the closest you can get to a real attached garage. Unlike a carport, a building or shed can completely contain a car and protect from the weather. It can also be used for storing other things, including lawn equipment or household items. While you can hire a professional to build a shed for you, there are different types of metal building kits that can suit the space and needs that you have. Need a garage substitute: add an awning.Lastly, you can add an awning to your investment property. Perhaps the cheapest way to go, an awning can attach to the property itself or it can be freestanding. However, compared to a carport or a shed, an awning doesn’t give as much protection, but it does offer shade. Awnings are easy to install and are a great choice for adding a lot of value without too much effort or investment on your part. By adding a garage substitute in the form of a carport, shed, or awning, you can vastly improve your investment property. Renters and buyers see the added value, and it could be the deciding factor in whether or not they choose your property. See you at a meeting soon!The Southwest Florida Real Estate Investment Association is the leading source of SWFL real estate investing events that provide investment education and networking in southwest Florida. We analyze the housing market and foreclosures and provide information, education and networking events in order to build a network and knowledge base for investors and potential investors. Our members include real estate agent, brokers, investors, hedge fund managers, rehabbers, wholesalers and more. Our SWFL REIA General Meeting is held in Fort Myers where we provide education on hot topics in investing and an opportunity to enjoy the camaraderie of your fellow investors. You’ll get a chance to ask for advice from successful real estate professionals and even make a few deals on your latest projects. To become a member, anyone can register as an individual, a couple, or a corporation. Being a member opens the doors for endless networking opportunities, advice from members with decades of experience, new ideas from entrepreneurs, camaraderie with those just beginning, and deals and contracts done in the meeting room. For those interested in Cape Coral rental property investment and/or Fort Myers rental property investment, SWFL REIA will be able to provide a network to help launch a successful investment career. The SWFL REIA is known and respected as a source of current, actionable and useful information about the housing market in the area that we meet. We meet twice a month. Click here for information about the monthly luncheon. Click here for information about our nighttime general meeting. One of the premier sources for real estate investing networking and education is the SWFL REIA. In the real estate world, the SWFL REIA is different in that they do not do information product sales. Their meetings are focusing on the best ways of investing in real estate by collaborating with other property investors who are sharing their experiences. We look forward to meeting you at a meeting soon! Get our meeting notices and market data emailed to you. The post 3 Ways to Add a Garage Substitute to an Investment Property appeared first on SWFL Real Estate Investing. from https://swflreia.com/2019/04/22/3-ways-to-add-a-garage-substitute-to-an-investment-property/
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Where does the March 2019 Lee County Foreclosure Report come from? We download from public records and trend with Microsoft Excel. We have been doing this since 2007. This report has value because it is a leading indicator of bank-owned homes coming to market. Compiled and analyzed by Jeff Tumbarello. March 2019 Lee County Florida foreclosure report: Trends at a glance.Lis Pendens Filings:
Certificates of Title Conveyed:
March 2019 Lee County Florida foreclosure report: When was the last payment made?
Some thoughts on the metrics of the March 2019 Lee County Florida foreclosure report.
See you at a meeting soon!The Southwest Florida Real Estate Investment Association is the leading source of SWFL real estate investing events that provide investment education and networking in southwest Florida. We analyze the housing market and foreclosures and provide information, education and networking events in order to build a network and knowledge base for investors and potential investors. Our members include real estate agent, brokers, investors, hedge fund managers, rehabbers, wholesalers and more. Our SWFL REIA General Meeting is held in Fort Myers where we provide education on hot topics in investing and an opportunity to enjoy the camaraderie of your fellow investors. You’ll get a chance to ask for advice from successful real estate professionals and even make a few deals on your latest projects. To become a member, anyone can register as an individual, a couple, or a corporation. Being a member opens the doors for endless networking opportunities, advice from members with decades of experience, new ideas from entrepreneurs, camaraderie with those just beginning, and deals and contracts done in the meeting room. For those interested in Cape Coral rental property investment and/or Fort Myers rental property investment, SWFL REIA will be able to provide a network to help launch a successful investment career. The SWFL REIA is known and respected as a source of current, actionable and useful information about the housing market in the area that we meet. We meet twice a month. Click here for information about the monthly luncheon. Click here for information about our nighttime general meeting. One of the premier sources for real estate investing networking and education is the SWFL REIA. In the real estate world, the SWFL REIA is different in that they do not do information product sales. Their meetings are focusing on the best ways of investing in real estate by collaborating with other property investors who are sharing their experiences. We look forward to meeting you at a meeting soon! Get our meeting notices and market data emailed to you.
Subject: March 2019 Lee County Foreclosure Report
The post March 2019 Lee County Foreclosure Report appeared first on SWFL Real Estate Investing. from https://swflreia.com/2019/04/10/march-2019-lee-county-foreclosure-report/ Many of us want to create a business. With that comes being able to manage our business, but what about a self-managing business? Is it possible? The short answer is yes, but let’s break it all down. Paul Dworianyn of Awesome Dynamic, an Amazon Consulting Agency, shares with us how to get started! Paul’s Quick BackgroundI’m a business owner with twenty employees in nine states. My wife is retired and we have the one thing which people strive for, work for, and dream about, but sadly never achieve. The freedom of time. Having the Right Mindset is Key to Creating a Self-Managing BusinessWhen it comes to creating a self-managing business you need the right mindset. Having the right mindset is more than affirmations and positive thinking. It’s getting comfortable with being uncomfortable. It’s taking the time to analyze your excuses, questioning yourself, continuously improving, and increasing the choices you have in life and business. There is a statistic that ninety-five percent of self-employed people trade their time for money. They should be trading value for money. When I first started my business, these were the statements which frustrated me: “Work ON your business instead of IN your business,” and “Delegate more.” While both of these made sense, I still had questions like “How do I do this?” and “Where should I start?” In part, the answer had to do with optimizing my time. Optimizing Time Part IThis is one of the crucial steps in the process. You need to create the mindset shift and learn to trade value for money instead of time. This comes from prioritizing how you spend your time and discovering ways to actually multiply your time. Being busy is a choice, think about choosing to focus on a goal versus just staying busy. One method is to track your time. Remember, “What gets measured, gets managed.” What time are you spending doing what? Become self-aware of how you’re spending your time. By tracking it, you can review where time is spent and on what. Then ask yourself, was this important? Was there a faster way to do it? Should I have delegated it? Some great resources to help with tracking time are Tsheets.com and old-fashioned pen and paper. Consider “The Buckets” as the First Step toward a Self-Managing BusinessUse the Three Bucket method to multiply your time. Take a piece of paper and make three columns. Labe one Bucket A, the next Bucket B, and the third Bucket C. Bucket A is things I hate to doing. Bucket B is things I don’t mind doing. Bucket C is things I like doing, but probably shouldn’t be doing. For example, my buckets (business and personal) are as follows: Bucket A – Things I hate doingBusiness:
Personal:
Bucket B – Things I don’t mind doingBusiness:
Personal:
Bucket C – Things I like doing, but probably shouldn’t beBusiness:
Personal:
Optimizing Time Part IIThere are numerous ways to gain some time back. Make sure all your bills are set up on autopay. Stop wasting time on stuff that doesn’t align with goals. Unsubscribe from all emails that are irrelevant to meeting your goals. Don’t categorize emails, use Gmail and google search inside your email! Be sureGoogleways ask, “How can I make a second improvement on this?” And “Who can I delegate this to?” One resource which shows an example of how a business owner makes a 2-second improvement to everything is on Fastcap.com in the video section. Recommended reading on time optimization and how to think differently about how to use your time.
Another tactic is to use automation services and software such as Chrome extensions or Calendly.com for scheduling all of your appointments. Consider hiring an assistant or sourcing out some of your tasks. Talk to your colleagues and other business owners. Tap their minds and come up with some solutions for whatever you’re time challenged with at the moment. At some point, you need to take an honest inventory of your business. Where are you creating a bottleneck in your business and how or what can you do to get things flowing smoothly? One possible solution is letting someone take the reins. Letting go and trusting someone else to do anything in your business can be nerve-wracking, stressful, and sometimes can backfire, but you won’t progress towards letting go without trying. Know your what, find your who, don’t figure out how:
If your who hasn’t figured out how to get what you want done, your job is to find a different who, not to figure out how to get it done. There’s a saying attributed to Jim Rohn: “You’re the average of the five people you spend most of your time with.” Maybe it’s also time to do an inventory not only of where time is spent, but with whom is your time spent. For more information about how to get other people to run your business, read:
How would spend your extra time?What are you passionate about or is there something you’ve always wanted to do yet told yourself you didn’t have the time? For me, it’s all about spending quality time with friends and family. I also love to read and absorb information by listening to podcasts. I’d make sure to schedule the time to scale my business and invest. On a personal level, I’d do a better job of getting into shape and staying in shape. There’s also a desire in me to grow and impact a billion people in a positive way. What about you? It’s worth the time to take a sheet of paper and make a list of what you would do with extra time. Would you grow a garden? Go to more theater shows? Take a class to further your education? There is no right or wrong answer. Have fun while creating the list and always be adding to it. One book which has been instrumental to me during this process is The Miracle Morning for Entrepreneurs: Elevate Your SELF to Elevate Your BUSINESS by Hal Elrod.
See you at a meeting soon!The Southwest Florida Real Estate Investment Association is the leading source of SWFL real estate investing events that provide investment education and networking in southwest Florida. We analyze the housing market and foreclosures and provide information, education and networking events in order to build a network and knowledge base for investors and potential investors. Our members include real estate agent, brokers, investors, hedge fund managers, rehabbers, wholesalers and more. Our SWFL REIA General Meeting is held in Fort Myers where we provide education on hot topics in investing and an opportunity to enjoy the camaraderie of your fellow investors. You’ll get a chance to ask for advice from successful real estate professionals and even make a few deals on your latest projects. To become a member, anyone can register as an individual, a couple, or a corporation. Being a member opens the doors for endless networking opportunities, advice from members with decades of experience, new ideas from entrepreneurs, camaraderie with those just beginning, and deals and contracts done in the meeting room. For those interested in Cape Coral rental property investment and/or Fort Myers rental property investment, SWFL REIA will be able to provide a network to help launch a successful investment career. The SWFL REIA is known and respected as a source of current, actionable and useful information about the housing market in the area that we meet. We meet twice a month. Click here for information about the monthly luncheon. Click here for information about our nighttime general meeting. One of the premier sources for real estate investing networking and education is the SWFL REIA. In the real estate world, the SWFL REIA is different in that they do not do information product sales. Their meetings are focusing on the best ways of investing in real estate by collaborating with other property investors who are sharing their experiences. We look forward to meeting you at a meeting soon! Get our meeting notices and market data emailed to you.
Subject: Create a Self-Managing Business.
The post How to Create a Self-Managing Business appeared first on SWFL Real Estate Investing. from https://swflreia.com/2019/04/10/create-a-self-managing-business/ 10 things I wish I knew when I got started in Roommate Rentals by Gabriel Falk, Founder / President of That Sweet Rental: Disclaimer: I’m not an attorney, this is solely for educational purposes and I suggest you obtain legal advice from a competent attorney! Real Estate Investing via Roommate rentals: Separate from your personal life.Know when to separate your personal phone number and a dedicated business line (such as a telecommunication system like RingCentral or even having a Google Voice phone number) to be utilized for your tenants and other business professionals to reach you so that way you can keep a separation between work life and personal life. Real Estate Investing via Roommate rentals: Pre-qualify the tenants.Proper pre-qualification questions with potential tenants to make sure that they’re going to fit your criteria before you decide to meet with them and/or having them do an application for background check. Elaborate with them so that they understand that it is a roommate rental and not just a traditional rental as a lot of people don’t tend to read advertisements and it’s full description that already states everything. Real Estate Investing via Roommate rentals: Manage your utility bills.If you’re planning to include all utilities it would be best to consider solar panels, if that’s too cost prohibited at a minimum to cut down utility costs by putting in timers for receptacle switches in common areas such as living/dining room areas, etc. Do not install them in private common areas such as bathrooms. LED lights are fantastic and last a long time and are inexpensive to use. Always add a reasonable percentage to your rent pricing to compensate for the excess usage that tenants tend to overuse when they know that all utilities are included as many times they do not become mindful of their excess usage unfortunately so it’s important to implement things into place to mitigate these excess costs. Something to consider when adding washers and dryers including the utilities of that usage is maybe consider putting in coin laundry it is something that we have not done as of now but I have thought about implementing this strategy next. Providing your tenants with laundry facilities on site keeps tenant staying for longer periods of times but it is not necessary if your pricing is Affordable and you provide good value your tenants will stay regardless I’ve learned. Real Estate Investing via Roommate rentals:Surveillance cameras in common areas such as kitchens, laundry rooms, living and dining room areas including exterior of the premises is important it also cuts down a lot of phone calls from “he said she said” when it comes to people taking someone’s food it comes down to the Honor System and tenants need to know how to respect what belongs and doesn’t belong to them. Example: people think twice about doing something that they shouldn’t be when they know that they may be recorded. Be sure to have a good attorney draft up a surveillance addendum for your tenants to sign at lease signing acknowledging that they consent to this surveillance recording in these common areas due to the multi-tenant nature. Real Estate Investing via Roommate rentals:A keyless entry system is a great idea instead of using keyed locks because in the event that you have a move-out occur you don’t need to worry about switching locks out every time! Instead, you just switch an access code out and then add a new code. We presently use Schlage keyless deadbolt and Schlage keyless auto locks and they are just fantastic products! Always make sure to use a name brand 9 volt battery when changing the battery out so that it lasts the longest time frame possible (usually a solid year sometimes longer depending on usage) so don’t cheap out on cheap batteries as you will notice a difference. Another thing that’s great is that the tenant cannot lose a key since they have a code that is given to them. I always suggest that it’s best to go with this route because it becomes less expensive overall and during move out’s you can easily just remove their code and not have to change the main entrance keyless entry as well and end up giving a new copy of keys out to all of the roommates in the house instead you remove just the code to the bedroom and the main entrance and then add in the new code for the new tenant coming in and all of the other roommates that reside can wind up using the same code that they have been given when they moved in which is different than the one you just removed. Real Estate Investing via Roommate rentals: Hire a quality cleaning service.Having a cleaner with a keen eye for detail to provide a monthly minimum of deep common area cleaning is important to keep the household staying nice and neat and allows the tenants to see that it needs to be kept to that degree on a daily basis. Real Estate Investing via Roommate rentals: Pest Control is something that needs to be done every other month.Pest Control is something that needs to be done every other month though we do our best to do it every month regardless if the tenant is keeping the household clean or not. It should be taken care of as a priority to keep everything in the household free of pests, it also gives you a way to observe the residence when you’re there so that you can see things that may be missed like maintenance that should be looked at that they might not have told you about and you can also be able to see that they’re keeping the property in good repair order on a day-to-day basis. Real Estate Investing via Roommate rentals: Being proactive will make you profitable.
Nip issues in the butt quickly should tenants abuse your rules in your lease. Make sure to provide a zero-tolerance policy by posting a seven day notice to cure or quit if they don’t follow the lease rules its best that they vacate and if they continue to behave in a way that they do not adhere to the rules this notice gives you a reason to terminate their lease should they not comply.
Real Estate Investing via Roommate rentals: Be firm yet fair.Roommate rentals can feel like “babysitting adults” as it’s time-consuming at times so it’s important that you are a person that can handle working with people and be fair enough but yet firm to make sure that they do what they’re supposed to do and you provide a service that they would expect. Real Estate Investing via Roommate rentals: Better have a system!Streamlining processes is vital in this type of business you need to train your tenants to understand ways to communicate with you and various ways to pay. I always tell the tenant the easiest way to get ahold of us is via text messaging secondarily, via email and finally, it would be as a last resort via phone call. If you receive a phone call it is best to always allow the tenant to leave a voice message first so that way you get to screen the call to determine the systematic approach of making contact. Remember, it makes your job easier so don’t overdo things if it’s not needed!
See you at a meeting soon!The Southwest Florida Real Estate Investment Association is the leading source of SWFL real estate investing events that provide investment education and networking in southwest Florida. We analyze the housing market and foreclosures and provide information, education and networking events in order to build a network and knowledge base for investors and potential investors. Our members include real estate agent, brokers, investors, hedge fund managers, rehabbers, wholesalers and more. Our SWFL REIA General Meeting is held in Fort Myers where we provide education on hot topics in investing and an opportunity to enjoy the camaraderie of your fellow investors. You’ll get a chance to ask for advice from successful real estate professionals and even make a few deals on your latest projects. To become a member, anyone can register as an individual, a couple, or a corporation. Being a member opens the doors for endless networking opportunities, advice from members with decades of experience, new ideas from entrepreneurs, camaraderie with those just beginning, and deals and contracts done in the meeting room. For those interested in Cape Coral rental property investment and/or Fort Myers rental property investment, SWFL REIA will be able to provide a network to help launch a successful investment career. The SWFL REIA is known and respected as a source of current, actionable and useful information about the housing market in the area that we meet. We meet twice a month. Click here for information about the monthly luncheon. Click here for information about our nighttime general meeting. One of the premier sources for real estate investing networking and education is the SWFL REIA. In the real estate world, the SWFL REIA is different in that they do not do information product sales. Their meetings are focusing on the best ways of investing in real estate by collaborating with other property investors who are sharing their experiences. We look forward to meeting you at a meeting soon! Get our meeting notices and market data emailed to you.
Subject: Real Estate Investing via Roommate rentals
The post Real Estate Investing via Roommate rentals appeared first on SWFL Real Estate Investing. from https://swflreia.com/2019/04/09/real-estate-investing-via-roommate-rentals/ Real estate remains one of the most important and potentially profitable investments you can make. Most successful investors diversify their financial portfolios by including a wide array of real estate investments. You might not have the capital to buy up blocks of prime Manhattan real estate, but you could start your real estate investing by getting into the housing market in your city. Here are some of the ways to make sure you’ll profit from real estate investing: Profit From Real Estate Investing: Buy Low, Sell HighTo score a profit in real estate you’ll want to apply the same guiding principle that is found in the stock market: buy low, sell high. How to Buy Real Estate explains that this is harder to do in practice than just saying it. It’s important to not get caught up in the fervor of buying. Many times when everyone is buying is the opposite of the right time to buy. Whereas the stock market can move fast, investing in a property can tie up your funds for several months. You have to be prepared for the inevitability that you might be carrying a mortgage on a property while also paying off your home mortgage. Will you be financially stable enough to handle those demands? You will also have to decide when is the best time to sell a home. That decision could determine the scope of your potential profit. Profit From Real Estate Investing: Be Careful with House-FlippingHouse flipping is a way to create profit from a real estate investment in a short amount of time. Rules of Renovation cautions that hiring help during a renovation can get expensive fast, which is why it’s a good idea to do as much of the work yourself as possible. However, if you find yourself in over your head, it’s better to hire professionals rather than do a bad job of it. Some of the work that you could take on is demolition. It doesn’t take a lot of skill to take down cabinets in a kitchen or pull up tiles and carpeting. That work can save on a crew day. As mentioned, hiring help during a renovation can get expensive fast and anywhere you can cut your costs will help increase your profit margin. Profit From Real Estate Investing: Become a LandlordFlipping a home isn’t the only way to generate income from a property. You could also set it up as a rental property. If the location is ideal for vacationers, then you could make a lot of money from short-term renters. With extended lease occupants, you would be guaranteed a reliable source of revenue that can pay for your mortgage along with a little profit. All of this will mean becoming a landlord. This allows you to maintain the property as you see fit and control who the occupants will be. See you at a meeting soon!The Southwest Florida Real Estate Investment Association is the leading source of SWFL real estate investing events that provide investment education and networking in southwest Florida. We analyze the housing market and foreclosures and provide information, education and networking events in order to build a network and knowledge base for investors and potential investors. Our members include real estate agent, brokers, investors, hedge fund managers, rehabbers, wholesalers and more. Our SWFL REIA General Meeting is held in Fort Myers where we provide education on hot topics in investing and an opportunity to enjoy the camaraderie of your fellow investors. You’ll get a chance to ask for advice from successful real estate professionals and even make a few deals on your latest projects. To become a member, anyone can register as an individual, a couple, or a corporation. Being a member opens the doors for endless networking opportunities, advice from members with decades of experience, new ideas from entrepreneurs, camaraderie with those just beginning, and deals and contracts done in the meeting room. For those interested in Cape Coral rental property investment and/or Fort Myers rental property investment, SWFL REIA will be able to provide a network to help launch a successful investment career. The SWFL REIA is known and respected as a source of current, actionable and useful information about the housing market in the area that we meet. We meet twice a month. Click here for information about the monthly luncheon. Click here for information about our nighttime general meeting. One of the premier sources for real estate investing networking and education is the SWFL REIA. In the real estate world, the SWFL REIA is different in that they do not do information product sales. Their meetings are focusing on the best ways of investing in real estate by collaborating with other property investors who are sharing their experiences. We look forward to meeting you at a meeting soon! Get our meeting notices and market data emailed to you.
Subject: February 2019 Lee County Florida Foreclosure Report.
The post How to Make Sure You’ll Profit From Real Estate Investing appeared first on SWFL Real Estate Investing. from https://swflreia.com/2019/03/11/how-to-make-sure-youll-profit-from-real-estate-investing/ February 2019 Lee County Florida Foreclosure Report.Where does the February 2019 Lee County Florida foreclosure report come from? We download from public records and trend with Microsoft Excel. We have been doing this since 2007. This report has value because it is a leading indicator of bank-owned homes coming to market. Compiled and analyzed by Jeff Tumbarello. February 2019 Lee County Florida foreclosure report: Trends at a glance.Mortgage Related Lis Pendens Filings:
Certificates of Title Conveyed:
February 2019 Lee County Florida Foreclosure Report: Notes.
February 2019 Lee County Florida Foreclosure Report: Average Last Payment Due Date.
See you at a meeting soon!The Southwest Florida Real Estate Investment Association is the leading source of SWFL real estate investing events that provide investment education and networking in southwest Florida. We analyze the housing market and foreclosures and provide information, education and networking events in order to build a network and knowledge base for investors and potential investors. Our members include real estate agent, brokers, investors, hedge fund managers, rehabbers, wholesalers and more. Our SWFL REIA General Meeting is held in Fort Myers where we provide education on hot topics in investing and an opportunity to enjoy the camaraderie of your fellow investors. You’ll get a chance to ask for advice from successful real estate professionals and even make a few deals on your latest projects. To become a member, anyone can register as an individual, a couple, or a corporation. Being a member opens the doors for endless networking opportunities, advice from members with decades of experience, new ideas from entrepreneurs, camaraderie with those just beginning, and deals and contracts done in the meeting room. For those interested in Cape Coral rental property investment and/or Fort Myers rental property investment, SWFL REIA will be able to provide a network to help launch a successful investment career. The SWFL REIA is known and respected as a source of current, actionable and useful information about the housing market in the area that we meet. We meet twice a month. Click here for information about the monthly luncheon. Click here for information about our nighttime general meeting. One of the premier sources for real estate investing networking and education is the SWFL REIA. In the real estate world, the SWFL REIA is different in that they do not do information product sales. Their meetings are focusing on the best ways of investing in real estate by collaborating with other property investors who are sharing their experiences. We look forward to meeting you at a meeting soon! Get our meeting notices and market data emailed to you.
Subject: February 2019 Lee County Florida Foreclosure Report.
The post February 2019 Lee County Florida Foreclosure Report. appeared first on SWFL Real Estate Investing. from https://swflreia.com/2019/03/04/february-2019-lee-county-florida-foreclosure-report/ Bloggers and webmasters are always searching for free images for Real Estate Marketing. You can get sued for using copyrighted images in your marketing. In fact, there are companies that lawsuits over their images seem to be their primary source of income. Use the websites below for free images for real estate marketing. Here is a list of websites for free images for Real Estate Marketing. Feel free to comment if we missed any.
See you at a meeting soon!The Southwest Florida Real Estate Investment Association is the leading source of SWFL real estate investing events that provide investment education and networking in southwest Florida. We analyze the housing market and foreclosures and provide information, education and networking events in order to build a network and knowledge base for investors and potential investors. Our members include real estate agent, brokers, investors, hedge fund managers, rehabbers, wholesalers and more. Our SWFL REIA General Meeting is held in Fort Myers where we provide education on hot topics in investing and an opportunity to enjoy the camaraderie of your fellow investors. Youâll get a chance to ask for advice from successful real estate professionals and even make a few deals on your latest projects. To become a member, anyone can register as an individual, a couple, or a corporation. Being a member opens the doors for endless networking opportunities, advice from members with decades of experience, new ideas from entrepreneurs, camaraderie with those just beginning, and deals and contracts done in the meeting room. For those interested in Cape Coral rental property investment and/or Fort Myers rental property investment, SWFL REIA will be able to provide a network to help launch a successful investment career. The SWFL REIA is known and respected as a source of current, actionable and useful information about the housing market in the area that we meet. We meet twice a month. Click here for information about the monthly luncheon. Click here for information about our nighttime general meeting. One of the premier sources for real estate investing networking and education is the SWFL REIA. In the real estate world, the SWFL REIA is different in that they do not do information product sales. Their meetings are focusing on the best ways of investing in real estate by collaborating with other property investors who are sharing their experiences. We look forward to meeting you at a meeting soon! Get our meeting notices and market data emailed to you.
Subject: Free images for Real Estate Marketing
The post Free images for Real Estate Marketing appeared first on SWFL Real Estate Investing. from https://swflreia.com/2019/02/28/free-images-for-real-estate-marketing/ Many people choose to purchase an investment property as a way to supplement their income and grow their net worth. It can be hard to be a beginner in the world of real estate investment. One of the most important parts of owning real estate is finding the right property to own. When you’re ready to begin shopping around, there are a few red flags to avoid when selecting an investment property. Bad NeighborsIf the house is located in an area where gangs are present, or the neighbors are loud, it can be challenging to find someone who is willing to rent the property. Bad neighbors can make the location difficult to live in and can disrupt the peace in the neighborhood. REW explains that you need to research the homes around your potential property. Some homes on the block may also not be maintained well, which can affect the value of the property that you purchase and makes it necessary to do your homework. PestsPests may seem like a minor issue but can become more of an issue over time as they invade the property and are difficult to control. Avoid buying a house that has termites, bed bugs, and other pests that are hard to kill, which can turn into a headache. You’ll end up spending a significant amount of money on pest control services and can have a difficult time keeping tenants in the home. Foundation ProblemsFoundation problems are not only expensive to repair but can affect the structural integrity of the building. Eden Structural Solutions recommends to look for cracks, earthquake proofing, and sinking that may be present. Make it a point to schedule a foundation inspection to ensure that it’s in good condition and doesn’t need to be repaired. You also want to inspect the basement for moisture that may be present, mold, uneven floors, and sagging. A Sinking LawnOne of the most common red flags of a home that is on the real estate market is a sinking lawn, which can be expensive to repair and can require a significant amount of work. Legion explains, “most landscaping professionals should be able to tell you whether or not there’s a potential issue with the yard around the property.” There are many common reasons of a sinking lawn, which can include inadequate or non-existent runoff or low-quality building materials. Tyrannical HOAIt’s important to look for a property that has an HOA to ensure that you can own a home in a great neighborhood that is monitored to ensure that your house doesn’t lose value due to the decisions of other homeowners. Unfortunately, Fowler & St. Clair explain that HOAs can often attract control freaks who impose specific requirements on you, which can end up costing you a lot of money. It’s important to know how to act around HOAs or how to resolve potential conflicts with HOAs. Ask around in advance to determine if the HOA is reasonable or if their requests are unfair so you can decide beforehand if you want to deal with them. See you at a meeting soon!The Southwest Florida Real Estate Investment Association is the leading source of SWFL real estate investing events that provide investment education and networking in southwest Florida. We analyze the housing market and foreclosures and provide information, education and networking events in order to build a network and knowledge base for investors and potential investors. Our members include real estate agent, brokers, investors, hedge fund managers, rehabbers, wholesalers and more. Our SWFL REIA General Meeting is held in Fort Myers where we provide education on hot topics in investing and an opportunity to enjoy the camaraderie of your fellow investors. You’ll get a chance to ask for advice from successful real estate professionals and even make a few deals on your latest projects. To become a member, anyone can register as an individual, a couple, or a corporation. Being a member opens the doors for endless networking opportunities, advice from members with decades of experience, new ideas from entrepreneurs, camaraderie with those just beginning, and deals and contracts done in the meeting room. For those interested in Cape Coral rental property investment and/or Fort Myers rental property investment, SWFL REIA will be able to provide a network to help launch a successful investment career. The SWFL REIA is known and respected as a source of current, actionable and useful information about the housing market in the area that we meet. We meet twice a month. Click here for information about the monthly luncheon. Click here for information about our nighttime general meeting. One of the premier sources for real estate investing networking and education is the SWFL REIA. In the real estate world, the SWFL REIA is different in that they do not do information product sales. Their meetings are focusing on the best ways of investing in real estate by collaborating with other property investors who are sharing their experiences. We look forward to meeting you at a meeting soon! Get our meeting notices and market data emailed to you.
Subject: 5 Red Flags to Avoid When Selecting an Investment Property
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The post 5 Red Flags to Avoid When Selecting an Investment Property appeared first on SWFL Real Estate Investing. from https://swflreia.com/2019/02/12/5-red-flags-to-avoid-when-selecting-an-investment-property/ Where does the January 2019 Lee County Florida foreclosure report come from? We download from public records and trend with Microsoft Excel. We have been doing this since 2007. This report has value because it is a leading indicator of bank-owned homes coming to market. Compiled and analyzed by Jeff Tumbarello. January 2019 Lee County Florida foreclosure report: Trends at a glance.Lis Pendens:
Certificates of Title:
January 2019 Lee County Florida foreclosure report: Lis Pendens filings since 2015.January 2019 Lee County Florida foreclosure report: Lis Pendens filings since 2013.
January 2019 Lee County Florida foreclosure report: Lis Pendens filings since 2007.January 2019 Lee County Florida foreclosure report: Foreclosure filings by year originated for January 2017.January 2019 Lee County Florida foreclosure report: Deeds transferred via a Certificate of Title since 2015.January 2019 Lee County Florida foreclosure report: Deeds transferred by Certificate of Title Since 2007.
January 2019 Lee County Florida foreclosure report: Notes.
See you at a meeting soon!The Southwest Florida Real Estate Investment Association is the leading source of SWFL real estate investing events that provide investment education and networking in southwest Florida. We analyze the housing market and foreclosures and provide information, education and networking events in order to build a network and knowledge base for investors and potential investors. Our members include real estate agent, brokers, investors, hedge fund managers, rehabbers, wholesalers and more. Our SWFL REIA General Meeting is held in Fort Myers where we provide education on hot topics in investing and an opportunity to enjoy the camaraderie of your fellow investors. You’ll get a chance to ask for advice from successful real estate professionals and even make a few deals on your latest projects. To become a member, anyone can register as an individual, a couple, or a corporation. Being a member opens the doors for endless networking opportunities, advice from members with decades of experience, new ideas from entrepreneurs, camaraderie with those just beginning, and deals and contracts done in the meeting room. For those interested in Cape Coral rental property investment and/or Fort Myers rental property investment, SWFL REIA will be able to provide a network to help launch a successful investment career. The SWFL REIA is known and respected as a source of current, actionable and useful information about the housing market in the area that we meet. We meet twice a month. Click here for information about the monthly luncheon. Click here for information about our nighttime general meeting. One of the premier sources for real estate investing networking and education is the SWFL REIA. In the real estate world, the SWFL REIA is different in that they do not do information product sales. Their meetings are focusing on the best ways of investing in real estate by collaborating with other property investors who are sharing their experiences. We look forward to meeting you at a meeting soon! Get our meeting notices and market data emailed to you.
Subject: January 2019 Lee County Florida foreclosure report
The post January 2019 Lee County Florida foreclosure report appeared first on SWFL Real Estate Investing. from https://swflreia.com/2019/02/11/january-2019-lee-county-florida-foreclosure-report/ The 2019 market outlook for Lee County was presented by Jeff Tumbarello, Broker of Steelbridge Realty at the South West Florida Real Estate Investment Association general meeting in January 2019. About the presentation:
Click here for the slides presented at the meeting 2019 Market Outlook for Lee County
2019 Market Outlook for Lee County: What happened in 2018?December 2018 statistically was a very bad month, 2018 statistically was a great year in spite of that. Let’s talk about the December 2018.
2019 Market Outlook for Lee County: Year over year metrics 2017 versus 2018
2019 Market Outlook for Lee County: Year over year metricsDecember 2017 versus December 2018
The drop in sales volume and sales counts is troubling. From media reports (we need to be skeptical of anything reported that has not been verified) this was a National “thing”. 2019 Market Outlook for Lee County: Sales by Year BuiltThere is a seesaw going on in the market between resales and new construction. Right now new construction is offering a quality product at a slightly higher price. From our experience, the consumer is recognizing the value and will to pay that premium. This Chart shows December 2018 versus December 2018.Notice how the reduction in sales counts was across the board of all the years built, this indicates a market issue not an asset class issue. 2019 Market Outlook for Lee County: Sales Count PatternsAlmost every December shows a higher sales count in December versus November. That did not happen in December of 2018. 2019 Market Outlook for Lee County: Bubbles of sales activity by priceThe bubbles of sales activity by price showed the market is essentially the same year over year with the difference in price. This is essentially inflation. Below, is the chart for December 2017 versus December 2018. The difference in the bubbles of activity by price in December 2017 versus December 2018 is apparent. It is also across the board. 2019 Market Outlook for Lee County: Metrics by the CityThis is the entire year versus the entire year.
Here is December 2017 versus December 2018.
2019 Market Outlook for Lee County: Pricing2019 Market Outlook for Lee County average pricing since 2009. 2019 Market Outlook for Lee County average pricing since 2015. The trendline shows growth more in line with inflation than an external growth pattern. 2019 Market Outlook for Lee County: Sales counts by property typeSales Counts by Property Type
2019 Market Outlook for Lee County: Pricing by property type
2019 Market Outlook for Lee County: Cash sales metrics
2019 Market Outlook for Lee County: Distressed sale metrics
2019 Market Outlook for Lee County: Waterfront/Gulf Access metrics
2019 Market Outlook for Lee County: Supply and demand overviewAs of 1/16/2019 @2:31 PM we have 6.11 months Inventory for Lee County Residential Assets listed in the MLS. 2019 Market Outlook for Lee County: Inventory by City
2019 Market Outlook for Lee County: Inventory by Zip Code
In real estate, any market with less than 6 months is considered to be a “seller’s market”. When the inventory is over 6 months it is considered to be a “buyers market”. 2019 Market Outlook for Lee County: Distressed market updateThe negative price pressure from the last cycle was driven by distressed sales. This was the aftermath of a mania. We prepare a report each month about this, here is a link to the December 2018 Lee County Florida foreclosure report. A word of caution about listening to Real Estate Agents who speak on their production.
–7,088 Agents had at least a closing in Lee County for 2018. –4,932 Agents had at least 2 closings in Lee County for 2018. –1,143 Agents had at least 10 closings in Lee County for 2018. –345 Agents had at least 20 closings in Lee County for 2018. Trends to Watch
Is almost all of the new construction trading outside of MLS or do we lack truly lack inventory?
2019 Market Outlook for Lee County: Cape Coral Single family Building permits2019 Market Outlook for Lee County: Outlook for the retiree markets2019 Market Outlook for Lee County: Possible overleverage points (These are national Stats here)This is for commercial and industrial debt as reported by the Federal Reserve bank. Notice the growth since the last cycle. This chart shows the growth of residential debt, notice at the time of this chart, it has not surpassed the levels of the last cycle. I not saying it will not correct in the next correction but this is illuminating as to potential levels and intensity of correction.
2019 Market Outlook for Lee County: In conclusion
Our SWFL REIA General Meeting is held in Fort Myers where we provide education on hot topics in investing and an opportunity to enjoy the camaraderie of your fellow investors. You’ll get a chance to ask for advice from successful real estate professionals and even make a few deals on your latest projects. To become a member, anyone can register as an individual, a couple, or a corporation. Being a member opens the doors for endless networking opportunities, advice from members with decades of experience, new ideas from entrepreneurs, camaraderie with those just beginning, and deals and contracts done in the meeting room. For those interested in Cape Coral rental property investment and/or Fort Myers rental property investment, SWFL REIA will be able to provide a network to help launch a successful investment career. The SWFL REIA is known and respected as a source of current, actionable and useful information about the housing market in the area that we meet. We meet twice a month. Click here for information about the monthly luncheon. Click here for information about our nighttime general meeting. One of the premier sources for real estate investing networking and education is the SWFL REIA. In the real estate world, the SWFL REIA is different in that they do not do information product sales. Their meetings are focusing on the best ways of investing in real estate by collaborating with other property investors who are sharing their experiences. We look forward to meeting you at a meeting soon! Get our meeting notices and market data emailed to you.
Subject: 2019 market outlook for Lee County
The post 2019 market outlook for Lee County appeared first on SWFL Real Estate Investing. from https://swflreia.com/2019/01/28/2019-market-outlook-for-lee-county/ |
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