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A lot of investors have made a lot of money investing in the Cape Coral Lot Market. You don’t have to purchase improved properties to be an active real estate investor. Many successful investors opt to buy and sell lots, or plots of land, leaving the construction hassle to their buyers. You need a slightly different approach when buying and selling lots, particularly in the Cape Coral area. 

Let’s look at what’s been going on in Cape Coral and then we’ll walk you through the smartest ways to invest in lots.

Cape Coral Lot Market: Real Estate Growth

Cape Coral has been one of the hottest real estate markets in the country for the past few years, even though the market has slowed down throughout 2019. In fact, home values are still expected to increase by 1.8% within the next year. As different areas around Cape Coral begin to grow and expand, developers also look to build new apartment complexes, eateries, and other attractions.

This is where the savvy investor comes in. Purchasing plots of land in Cape Coral can help you turn a profit once developers swoop in. But how can you be sure to make the right purchase? We’ve got some tips to help below.

Tips for Buying in the Cape Coral Lot Market

Successful investors who have already turned huge profits by purchasing lots in Cape Coral employ a few different tactics to ensure they make money. Here are a few of their top tips.

1. Go Where the Growth Is

It can be hard to predict what areas are going to grow next, but it’s much easier if you pay attention to what’s happening in the different areas of Cape Coral. Talk to other investors, builders, and real estate agents about what they’re hearing and do your own research.

Once you have a good idea of which area is going to take off next, you can start buying lots in areas where developers will want to build.

2. Consider Wildlife Protections

In this section of Florida, there are a few protected species that might be present on your lots. While their presence may not be a dealbreaker for builders, it’s important to know if any protected wildlife is on your lot before deciding to buy.

Protected species common to these lots including the burrowing owl and gopher tortoises.

3. Buy Lots with New Water and Sewer Lines Installed

Cape Coral is in the process of installing many new water and sewer lines in the area. It may not always be possible, but if you can find an affordable lot with new water and sewer lines installed, you’ll be able to turn a higher profit than those without.

Use these tips to turn a profit when investing in the Cape Coral Lot Market

If you’re new to real estate investing, take a look at these tips!
Stop making excuses — just get out and do it!

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!
Click here for membership information

Get our meeting notices and market data emailed to you.

Flipping houses is one of the top active real estate investment strategies. If you’ve recently purchased an investment property or are looking to do so in the near future, you might be looking to flip your investment.

Make sure you don’t lose money on a risky investment by avoiding these 5 common dangers when flipping properties:

Flipping Houses Danger: Not Calculating All Expenses

Financing your investment property can be expensive. If you’re financing the purchase of the property, you’ll need to make sure you’re able to finance the entire venture. That includes paying for renovations (the renovation crew, materials, and unforeseen expenses). You’ll also need to include any property taxes you may be responsible for.

Be sure to calculate all expenses before taking out a loan on your investment property.

Danger: Running Out of Time

There can be time limits involved in flipping houses. Maybe you’re planning for renovations to be complete by the peak selling time in your local market. Or maybe you took out a short-term loan that is due by a certain month.

Whatever the reason, renovations take a considerable amount of time and a number of construction projects often run long due to unforeseen issues.

Make sure you build extra time into your plan when calculating your timeline.

Flipping Houses Danger: Forgetting about Insurance and Mortgage Expenses

If you’re financing your investment property, you’ll need to pay homeowner’s insurance and the home’s mortgage while renovations are being performed. And, since you’re not using this property as your primary residence, these costs are often above market value.

Be sure you have enough money to cover these expenses for more than the allotted timeline of your project — just in case it runs long.

Danger: Low-balling Renovation Costs

Renovating a home is expensive. If you bought a fixer-upper or even if you’re looking to improve a home in a top neighborhood, your expenses will be high. It’s important to talk to renovation crews ahead of time to calculate how much money you’ll need to spend on top of financing your investment.

You want to make sure renovating the home is a worthwhile expense, so you don’t end up losing money or breaking even.

Flipping Houses Danger: Over-Estimating the Market

We’ve all heard about success stories from flipping houses, but it’s important to be realistic when setting your goals. You have to do market research and understand the health of your local market and whether or not it’s expected to grow or decline.

Plan your investment property for peak season, when there are more buyers or renters willing to pay top dollar, to maximize your ROI.

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 agents, 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 it does 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.

You must avoid real estate investing mistakes to succeed long term. Investing in real estate can lead to a lucrative career or side-hustle with unlimited earning potential. However, in order to turn your real estate investments into a bustling business, you’ll need to avoid a few key mistakes.

Avoid Top Real Estate Investing Mistakes: The Real Estate Market Is Not Foolproof

First, it’s important to understand that the real estate market is not foolproof. Even though market trends can be tracked and predicted, the market can still be unpredictable. It’s important to follow your local market trends closely, so you’re as in tune as possible with where the market is expected to go and the key drivers causing growth or lags.

For instance, if you were to invest when real estate demand is high, you might be more at risk for reselling a property for less than you invested, simply because the demand has gone down as the market fluctuates. Being aware of how your local market fluctuates typically, can help you avoid this key mistake.

Avoid Top Real Estate Investing Mistakes: Never Overpay

Next, you’ll want to avoid overspending on an investment. If an investment property seems to good to be true, it may be. Sure, the purchase price might be low, but how much will you need to spend in renovations to get it up to code and up to buyer standards? Calculating all of your expenses upfront and determining what areas of neighborhoods buyers are interested in paying top-dollar for can mitigate your risk.

It’s important to understand the vacancy rates in your area.

Lastly, if you’re looking to manage your investment property (whether as a property manager or landlord), it’s important to understand the vacancy rates in your area. Not only will this help you accurately price your rental units so you’ll find tenants, but you’ll be able to understand the turnaround time for finding new tenants. While every landlord hopes their tenants will become long-term renters, you’ll need to do some research in the area you want to invest in to understand rental trends.

Like any investment, real estate investing is not without its risks. As long as you’re aware of the risks and come up with a solid investing strategy, you’ll be able to minimize your chance of running into these risks as much as possible.

Be sure to research investment strategies as much as possible and use your local market research to inform all of your investment decisions.

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 agents, 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 it does 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.

Are you a new real estate investor? You might be feeling overwhelmed by the amount of information that exists on the topic of investing.

While there is an unlimited amount you can learn online, from books and through other investors, we’re here to make the topic a little bit simpler, so you can get off on the right foot.

Rules for the New Real Estate Investor: Start Small

You’ll learn so much through trial-and-error, so minimizing your risk is key when you’re a beginning investor. No matter how many tips and tricks you’ve read, I can’t stress this one strongly enough — start small.

This doesn’t necessarily mean you can’t make a big purchase, just take your time and plan out each part of the process in small steps. Do you want to buy your first investment property? Make a 12 or 24-month plan to help you meet these goals and take it from there.

You shouldn’t go into debt on an investment property, especially your first one. Starting small and accomplishing little goals along the way will help you stay on track and prevent you from making any risky moves.

Rules for the New Real Estate Investor #2: Make a Commitment

Now that you have your plan, you need to commit to following through. The reason so many potential investors fail is because they don’t see their plan to fruition. Once you have a plan and smart strategy in place, it can be easy to fall prey to your own doubt.

While you should always double-check the market and your own math, don’t doubt your ability to handle becoming an investor. The best investors got to where they are today by going all-in on their dreams. If you don’t stay committed, you’ll end up staying stuck exactly where you are now.

Rule #3: Stay Focused

Diversifying your portfolio can be a smart investment strategy. However, when you’re getting started, it can be very easy to want to go in a million different investment directions all at once. This can lead you down a dangerous path, where you’re putting all of your money into too many investment opportunities at the same time.

Don’t lose focus on your initial strategy. Is your goal to become a property manager? Focus on that first! Do you want to buy a small investment property and rent it out? Keep your goal in mind! You can always do more down the line, but stay focused on your top priority when starting out.

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 agents, 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 it does 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.