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2016 real estate investing possible net effects of BREXIT

When exploring outcomes on 2016 real estate investing due to possible net effects of BREXIT. The Chinese curse of: May you live in interesting times comes to mind.

First and foremost, this entry is not a discussion on the right or wrong of the UK choosing to exit the EU. We are sharing some thoughts on net effects for 2016 real estate investing.

First thing that comes to mind is: Where there is strife there is opportunity. 

What is ‘Brexit’

Brexit is an abbreviation of “British exit”, which refers to the June 23, 2016 referendum by British voters to exit the European Union. The referendum roiled global markets, including currencies, causing the British pound to fall to its lowest level in decades. Prime Minister David Cameron, who supported the UK remaining in the EU announced he would step down in October.

This sent the financial markets downward for the first 2 days. Again: where there is strife there is opportunity.

You will find that Real Estate is a safe haven for capital (current real estate pricing cycle dependent). On a side note Commercial REITS should do really well in the near term. Commercial Real Estate in America should benefit from an inflow of capital. That is also problematic as quality commercial investments are already trading at extremely low CAP rates.

The British Pound Sterling also devalued. This is impactful to UK Property owners. Do you trade out of your American asset? This may cause some UK property owners to hold assets longer. Also, would you trade out into a into an uncertain market? This also will impact foreign investors who typically would invest in the UK.

Another net effect for 2016 real estate investing is that this turmoil should hold interest rates down. That is helpful and hurtful at the same time. Helpful in that borrowing costs are lower. Hurtful in that the trapped equity in real estate will remain there. Many investors would trade out of their 2009 thru 2012 purchases except for lack of an acceptable yield in the next investment. Are you going to put that treasure in a CD at .75%?

While we are only a few days past this event. It is sure to have an impact. It bears watching. Something to keep in mind for 2016 real estate investing. It’s not how the market behaves but HOW YOU behave that determines your success.

The SWFL REIA is the premier source for Real Estate Investing education and networking.

The SWFL REIA is different in the Real Estate Investing world in that we do not do information product sales. Our content rich meetings focus on Real Estate Investing via collaboration with like-minded Real Estate Investors sharing their own experiences.

The SWFL REIA is on the cutting edge of data gathering and analysis of the housing market and foreclosures. Our Analysis and Trend reporting has made the SWFL REIA an expert source for the media and set standards by which the housing market is analyzed and trended within the industry.

Our members are Real Estate Investors, Real Estate Agents, Title Agents, Insurance Agents, Landlords, Property Managers, Wholesalers, Rehabbers, Note Buyers, Hedge Fund Managers, Bulk Asset Purchasers, Foreclosure and Probate Investors. Come and network!

Our Motto: Knowledge withheld is Knowledge wasted.

The number one key to being successful in real estate investing is?

To understand what you are there to do!

From our experience, this is the most critical phase.  If you have a clear plan it is easier to deploy capital while still operating within a margin of safety.

The SWFL REIA is the premier place to understand what you are here to do, in relation to real estate investing! We look forward to meeting you at a meeting soon!

Click here for membership information

Author: Jeff Tumbarello. Director SWFL REIA, Broker/Owner of Steelbridge Realty LLC

 

Lee County Florida Foreclosure Trend Report May 2016

Lee County Florida Foreclosure Trend Report May 2016
Trends at a glance

Lis Pendens:

—May 2016: 131 Mortgage related Lis Pendens.

—April 2016: 93 Mortgage related Lis Pendens.

—May 2016 : 131 Mortgage related Lis Pendens.

Certificates of Title:

—May 2016: 87 Certificates of Title were conveyed.

—April 2016: 111 Certificates of Title were conveyed.

—May 2016: 244 Certificates of Title were conveyed.

Lee County Florida Foreclosure Trend Report May 2016 Lee County Florida Foreclosure Trend Report May 2016 Lee County Florida Foreclosure Trend Report May 2016

SWFL REIA Members have access to the Lee County Florida Foreclosure Trend Report May 2016 with counts and more details.  Click here for membership information

 


—SWFL REIA General Meeting

—Tues 6/21/2016, 6:00 PM

—LOCATED AT: Pinchers at Edison Ford Marina 2360 West First St. Fort Myers, FL 33901

—Topic:  From Start to Finish, Owning Mobile home Communities.

—Presenter: Mario Datilo.

—SWFL REIA Members are free, all others pay $20.00 at the door!

—Schedule of events for the SWFL REIA General Meeting

—6:00 Doors Open/Networking

—6:30 Program Begins with a Mastermind Session

—6:45 Featured Speaker begins.


The SWFL REIA is the premier source for Real Estate Investing education and networking.

The SWFL REIA is different in the Real Estate Investing world in that we do not do information product sales. Our content rich meetings focus on Real Estate Investing via collaboration with like-minded Real Estate Investors sharing their own experiences.

The SWFL REIA is on the cutting edge of data gathering and analysis of the housing market and foreclosures. Our Analysis and Trend reporting has made the SWFL REIA an expert source for the media and set standards by which the housing market is analyzed and trended within the industry.

Our members are Real Estate Investors, Real Estate Agents, Title Agents, Insurance Agents, Landlords, Property Managers, Wholesalers, Rehabbers, Note Buyers, Hedge Fund Managers, Bulk Asset Purchasers, Foreclosure and Probate Investors. Come and network!

Our Motto: Knowledge withheld is Knowledge wasted.

The number one key to being successful in real estate investing is?

To understand what you are there to do!

From our experience, this is the most critical phase.  If you have a clear plan it is easier to deploy capital while still operating within a margin of safety.

The SWFL REIA is the premier place to understand what you are here to do, in relation to real estate investing! We look forward to meeting you at a meeting soon!

Click here for membership information

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