Monthly Archives: May 2018

Real estate investing for beginners

At meetings, we are asked for tips on real estate investing for beginners. While the real estate market is constantly fluctuating, but several of the basics stay the same– as do the rules. To jump-start your career in real estate investment, there are a few key rules to follow.

Sometimes real estate investing for beginners can seem a bit intimidating and it’s easy to get lost in the sights and sounds of all the blogs, books, and television gurus.

1. Real estate investing for beginners: Treat it like your new business.

Real estate is not something to do on a whim. Investing in real estate is a lifelong pursuit that can help you take control of your financial future. It isn’t a get-rich-quick scheme. As an investor, you will struggle. You will make mistakes. You will fail. The successful investors are the ones who can take those experiences and turn them into lessons to improve their skills.

If you’re hoping to make it as a real estate investor, whether you like or not, it’s going to be a business. Even purchasing just one property will consume part of your life, so you have to take it seriously and plan for the future.

2. Real estate investing for beginners: You have to do your first deal.

There are several ways to buy your first real estate investment. If you are purchasing a property, you can use your debt by taking a mortgage out against the property. The use of leverage is what attracts many real estate investors, since it allows them to acquire properties they otherwise could not afford. However, using leverage to purchase real estate can be dangerous in a falling market, since the interest expense and regular payments can drive investors into bankruptcy if they aren’t careful.

Perhaps the biggest difference between a rental property and other investment deals is the amount of time and work you have to devote to maintaining your investment.

When you buy a stock, it simply rests in your brokerage account and, hopefully, increases in value. If you invest in a rental property, there are many responsibilities that come along with being a landlord.

Real estate investing for beginners: Your network is your biggest asset.

As a beginning investor, it’s important to connect with other local investors. This doesn’t mean you should spam them with requests, but simply reach out. Attend local events to get to know them better.

Those interested in SWFL real estate investing, can attend events and listen to helpful talks on important topics such as rehabbing distressed properties, how natural disasters can affect investing, and maximizing your investment.

Sign up for our mailing list and be the first to hear about our Cape Coral and other SWFL real estate investing events.

To become a member, just 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!
Click here for membership information

Get our meeting notices and market data emailed to you.



 

Subject: Residential tenant eviction Florida


Residential tenant eviction Florida

From time to time you are faced with a Residential tenant eviction Florida.

Residential tenant eviction Florida is the removal of a tenant from rental property by the landlord. In some jurisdictions, it may also involve the removal of persons from premises that were foreclosed by a mortgagee (often, the prior owners who defaulted on a mortgage).

Here are some helpful links. As always seek competent legal advice.

Here is what the Florida Land Lord Tenant act has to say about Residental tenant eviction Florida.

83.05 Right of possession upon default in rent; determination of right of possession in action or surrender or abandonment of premises.

(1) If any person leasing or renting any land or premises other than a dwelling unit fails to pay the rent at the time it becomes due, the lessor has the right to obtain possession of the premises as provided by law.

(2) The landlord shall recover possession of rented premises only:

(a) In an action for possession under s. 83.20, or other civil action in which the issue of right of possession is determined;
(b) When the tenant has surrendered possession of the rented premises to the landlord; or
(c) When the tenant has abandoned the rented premises.

(3) In the absence of actual knowledge of abandonment, it shall be presumed for purposes of paragraph (2)(c) that the tenant has abandoned the rented premises if:

(a) The landlord reasonably believes that the tenant has been absent from the rented premises for a period of 30 consecutive days;
(b) The rent is not current; and
(c) A notice pursuant to s. 83.20(2) has been served and 10 days have elapsed since service of such notice.

Residential tenant eviction Florida Forms

The following forms have been approved by the Supreme Court of Florida. However, these forms are being reviewed as of April 2018, and neither the Supreme Court of Florida nor The Florida Bar express an opinion as to whether the forms comport with current law.

However, this presumption does not apply if the rent is current or the tenant has notified the landlord in writing of an intended absence.

History.s. 5, Nov. 21, 1828; RS 1750; GS 2226; RGS 3534; CGL 5398; s. 34, ch. 67-254; s. 1, ch. 83-151. Click here for the forms
The Lee County Clerks office also has an Residential tenant eviction Florida packet Click here

Those interested in SWFL real estate investing events can attend and hear talks on important topics such as rehabbing distressed properties, how natural disasters can affect investing, and how to maximize your investment.

Sign up for our mailing list and be the first to hear about our Cape Coral real estate investing events and other SWFL real estate investing events.

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!
Click here for membership information

Get our meeting notices and market data emailed to you.



 

Subject: Residential tenant eviction Florida

April 2018 Lee County Florida Foreclosure Trend Report

Where does the April 2018 Lee County Florida Foreclosure Trend 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.

Lis Pendens:

  • April 2018: 62 Mortgage related Lis Pendens
  • March 2018: 82 Mortgage related Lis Pendens
  • April 2017: 80 Mortgage related Lis Pendens.

Certificates of Title:

  • April 2018: 67 Certificates of Title were conveyed.
  • March 2018: 53 Certificates of Title were conveyed.
  • April 2017: 53 Certificates of Title were conveyed.

April 2018 Lee County Florida Foreclosure Trend Report April 2018 Lee County Florida Foreclosure Trend Report April 2018 Lee County Florida Foreclosure Trend Report April 2018 Lee County Florida Foreclosure Trend Report April 2018 Lee County Florida Foreclosure Trend Report April 2018 Lee County Florida Foreclosure Trend Report

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!
Click here for membership information

Get our meeting notices and market data emailed to you.




 Subject: April 2018 Lee County Florida Foreclosure Trend Report
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