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Florida Real Estate Investing, Get the Help you need Along the Way

Florida Real Estate Investing, Get the Help you need Along the Way

If you are not willing to ask for help from others, you will find it challenging to succeed with Florida Real Estate Investing. Sure, you are going to be the person who makes most of the decisions but along the way there is nothing wrong with relying on others for assistance. In fact, you may soon find that this is the easiest way to get things done.

Florida Real Estate Investing

Remember this: you don’t know everything. With that in mind, there is somebody out there who knows what you don’t. These are the people you need to get in touch with, ensuring that you have a team built that you can trust to provide you with the proper knowledge and assistance.

Florida Real Estate Investing

 

Here are five groups of people you can turn to for help if you are going to be involved in Florida real estate investing:

1. Other investors. Some people look at other florida real estate investors as the competition. While this may be true in some sense, you don’t want to turn your back to these professionals. Instead, you should network with them and do your best to learn as much as possible. You never know when you will form a business relationship that could benefit you in the future.

2. Banker. Do you know who to turn to when you need money to buy a property? Do you know who can help when you need a loan to fix up an existing home in your portfolio? If you are not connected with at least one local banker you need to fix this soon enough.

3. Contractor. Let’s face it: some properties need work in florida real estate investors. This is when a good contractor can come in and take care of everything for you. Why would you want to do everything on your own when you could call a contractor who can guarantee professional results? Not to mention the fact that a qualified contractor can help you decide which homes to purchase.

4. Inspector. There is nothing worse than buying a home, thinking that you got a great deal, just to find that there is something majorly wrong. You need to have a good working relationship with a home inspector. This person can save you a lot of money over the course of your investments. If you don’t know an inspector you can trust, it is time to find one without delay.

5. Friends and family. Sometimes, you need a second opinion. Sometimes, you need the help of somebody who is close to you. Why not take a family member or friend to a home with you before buying? This can help you make a better decision. There is nothing wrong with having a “sounding board” by your side.

If you are going to get involved with Florida real estate investing you should never feel as if this is something that is going to be easy. You should also never feel like you can do everything on your own – this is not true. Instead, you should get the help of the five types of people listed above.

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

How Does Real Estate Investing Work?

How Does Real Estate Investing Work?

How does real estate investing work in building wealth? The answer is investment strategies of your own. This scenario can be considered as a long-term investment when you buy and hold property to rent or lease to a tenant together with an option to buying. Rent option involves finding a specific property, making its condition ready for rent, and then marketing it to possible tenants. This investing strategy offers plenty of profit opportunities. When the monthly rent given to you is more than the mortgage and other necessary expenses, you can create cash flow.

Real Estate Investing

Wealth will be built through tax advantages, tenants paying down your mortgage and property appreciation. At the same time, lease options can be created by leasing the property for 12 months or more, also with an option to buy. Income from lease options includes tax advantages, profit from sale, monthly cash flow, and upfront option fee income.

Few people know what is real property investing entails instead many people have heard about it, in fact, most knowledge about investing in real estate only extends to the point that it has something to do with making money in houses. Indeed, the simplest explanation of real property investing is that money is made through the purchase and resale of real property. Anyone who has an interest in property investing needs to know more than this to be successful in the arena. Strategically classifying through many sections for sale and purchasing that one in many that meets your goals, simply buying real estate is not real estate investing. Every real estate transaction should have one or more of the following to be called real estate investing, rather than real estate speculation Income, Growth, Tax Advantages and Leverage.

To make a profit is the real objective of real property investing, to increase their profits investors are constantly coming up with new methods of creative real estate investing. Investments start first with a purchase of real property when real estate investing property is purchased there are several things an investor can do with it. The quickest way to gain a profit is by reselling the property at a price higher than what was paid for it.

To do this an investor either has to purchase the property at a price much lower than market value. Or, the investor can make some enhancements to the house to improve its equity and then resell it. Almost every investor has considered putting money into real estate at some point in time. It is an attractive investment because it is easily leveraged through mortgages to maximize the potential returns, tends to consistently appreciate more than stocks, and have predictable cash flows. However, investing in real estate is not that simple. Only 5% of people do something when they attend in investing courses. 95% will never offer a deal for a property.

If you want success, you’ve got to have the interest and time to keep the properties on track and find the good ones. It is also time-consuming.. these are one of the real estate investing secrets.

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

6 Golden Tips For Real Estate Investing In Florida

Take A Look at These 6 Golden Tips For Real Estate Investing In Florida.

When people want to make money from buying and selling homes, they will often look for information online to start the process. This includes finding properties and mortgages People who want to succeed and make a living in the housing market need to learn about the different tips that surround Florida real estate investing. There are six tips that every investor needs to know.

1. The first way to be successful in Real Estate Investing In Florida, is to create a plan. When people do not plan every detail, they will often lose a lot of money. Investors need to figure out what markets they want to enter; such as single family homes, commercial, or multifamily residences. Having a plan will help investors succeed in the housing market.

Real Estate Investing In Florida

2. Another tip for Real Estate Investing In Florida is to have a professional read the business plan over. People who have been in the housing market for a long time can tell new investors if they are missing critical details, or if they have a solid plan, they can tell investors if their plan will be effective or not.

3. The next tip on Florida real estate investing is that people need to know when buying properties, is to never give up. The process is often frustrating, with deals falling out, or not being able to close on the property in a specific time period. This happens to everyone, and when investors roll with the punches, they will get the properties they want.

4. People need to start small, and slowly expand their property portfolios. When investors jump in to large projects, they will not know all the ways to take care of the deal. Investors need to create lists of things to accomplish every day, so they will not fall behind, or miss a critical component.

5. If you are planning on venturing into Real Estate Investing In Florida then you need to know that Investors are expected to do what they say when they talk to other investors in the housing market. If someone says they are going to buy the property, they need to follow through on what they said to the seller. This will give them credibility in the housing market when they follow through on what they tell people.

6. One way to lose respect and credibility quickly is to arrive late to scheduled appointments with sellers, buyers, contractors, and others. Real estate Investors in Florida need to be the first person on-site, since it is their business on the line, and when they are late, people will not want to do business with them in the future. Investors need to show respect to others all the time.

There are other tips that investors can read about when they want to get into Florida real estate investing. They need to do their research regarding current mortgage rates before they jump into the housing market. When people do not develop a plan, they will lose a lot of money when deals do not go the way they are planned. Investors will wake up and go to bed thinking about properties and deals that they want to put together. People who want to make a career out of buying and selling properties will often have to sacrifice things in their personal life to be successful.

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

 

June 2016 Lee County Fl Foreclosure Trend Report

Lee County Fl Foreclosure

June 2016 Lee County Fl Foreclosure Trend Report

 

Lee County Fl Foreclosure

Trends at a glance:

Lis Pendens:

—June 2016: 122 Mortgage related Lis Pendens.

—May 2016: 131 Mortgage related Lis Pendens.

—June 2015: 107 Mortgage related Lis Pendens.

Certificates of Title:

—June 2016: 147 Certificates of Title were conveyed.

—May 2016: 87 Certificates of Title were conveyed.

—June 2015: 225 Certificates of Title were conveyed.

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


Upcoming Events:

SWFL REIA MONTHLY LUNCHEONS

When: 7/7/16 

Topic: Mid Year Market Update.

We will cover:

  • Are sales counts and volume lower or higher?
  • What areas are growing? 
  • What areas are receding?
  • Do we resemble 2003 or 2007?
  • What does the Cape Coral land market tell us?

Presenter: Jeff Tumbarello, Director SWFL REIA, Broker/Owner Steelbridge Realty LLC

Jeff Tumbarello

I have worked with the following media outlets as a subject matter expert. (General Real Estate, Real Estate Statistics, Real Estate Investing & Foreclosures): NPR, Bloomberg, Huffington Post, Wall Street Journal, NBC, ABC, Wink, Fox, Fort Myers News Press, Naples Daily News, Fort Myers Weekly, and Gulf Coast Business Journal.

I am the local expert and source of data for the current trends in foreclosures. I also have performed market metrics and product modeling for the capital markets and several private equity firms. I also was a Trainer/Speaker for the Florida Housing Coalition.

I have invested in Real Estate since 1997. I have materially participated in almost every type of Real Estate Investment Transaction a person can.

Location: Pinchers Crab Shack the Marina at Edison Ford

Address: 2360 W 1st St Fort Myers, FL

Click here for a map 

Time: 11:00 AM to 1:00 PM

From 11:15 to 12:00 there will be time for lunch and networking.

The formal part of the meeting will start at 12:00

For SWFL REIA members your cost is your lunch only.

Non Members are $20.00

Please email jeff@swflreia.com to RSVP


SWFL REIA General Meeting

Tues 7/19/2016, 6:00 PM

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

Click here for a map

Topic:  An update on Legislation impacting Real Estate Investors.

The following topics will be covered:

  • Fracking
  • Water management
  • State land acquisition
  • Flood insurance
  • Commercial sales tax
  • Estoppel certificates
  • Property taxes

Presenter: Rick Larson, Larson Educational Services

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.

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

Become a member today! Click here for more information.

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