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How to Prevent a Basement Disaster

Even though the basement in a home isn’t the most commonly used area of the home, it’s still a very practical space. It can be used for storage, an office, a workshop or even installing an extra bathroom. Seeing as how the basement is partially underground, there are some common issues that can lead to a basement disaster. Let’s take a look at how a homeowner can prevent these basement disasters from taking place in the home. This will ensure the property value is protected for the seller or investor.

How to Prevent a Basement Disaster: Fill Cracks

According to Tomlinson Cannon, cracked basement walls, floors, windows, and foundation can be caused by drainage problems. You’re going to want to address these cracks or gaps properly. There are some foundation products that you can purchase from a hardware store, but many find that the issue returns after a short amount of time. Have a professional come to look at any visible issues you have, especially if you have water seeping through anywhere.

How to Prevent a Basement Disaster: Install a Sump Pump

All basements should be equipped with a sump pump that will drain water away from the structure of the home. You may even want to consider installing a backup sump pump in order to ensure that this unit will continue to work in power outages or because of system failure. These backup products are typically battery-powered.

How to Prevent a Basement Disaster: Clean Your Gutters

According to Benjamin Franklin Plumbing, when your gutters become clogged outside, leaks and water pooling can occur. This excess water can make its way into your basement, causing a large moisture issue. Your gutters should be cleaned regularly during the year. If you notice there is an area of your gutter that looks like it’s not flowing properly when it rains, there may be an issue to address.

Pay Attention to the Grade on Your Property

The slope of your yard is supposed to be directed away from your foundation. This prevents water from pooling up or entering into your basement. If you notice that water is pooling on the ground near your home when it rains or snow is melting, you may need to think about fixing the slope. This would include building up the land directly around the foundation area.

If how to Prevent a Basement Disaster is a concern, see what improvements or assessments can be done. If you feel there are areas that need addressing, you can enlist the help of a professional to get things in order. Taking care of these things in a property will help make sure that your investment is protected.

Here’s another article you might enjoy: 5 Red Flags to Avoid When Selecting an Investment Property

It is a lot easier than you think to start investing in real estate. Whether you want to be a landlord, flip homes or simply invest in companies that invest in real estate, there are many ways to get a quality return on your original investment. Join SWFL REIA for more helpful tips on breaking into real estate investment!

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.


February 2019 Lee County Florida Foreclosure Report.

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:

  • February 2019: 103 Mortgage related Lis Pendens.
  • January 2019: 88 Mortgage related Lis Pendens.
  • February 2018: 57 Mortgage related Lis Pendens.

Certificates of Title Conveyed:

  • February 2019: 40 Certificates of Title were conveyed.
  • January 2019: 76 Certificates of Title were conveyed.
  • February 2018: 70 Certificates of Title were conveyed.

February 2019 Lee County Florida Foreclosure Report: Notes.

  • 7 of the foreclosure filings appear to be a result of the Bertram Versus US bank decision due to the date of the last payment.
  • The lack of Certificate of Title Growth in relation to the Lis Pendens filings shows that the market has improved to the point if you go into default. You can trade out.
  • The disruption within the foreclosure trend lines from Hurricane Irma has passed.
  • The current trend of the distressed market NOT being the primary (last cycle) driver will continue.
  • The current filings appear to be the following factors.
    • Old Modifications that are now going bad. (2005-2007)
    • New Low money down builder transactions. (2016-2018)
    • “Normal” Distressed Situations.
    • Probates where a mortgage was involved. (2005-2007)

February 2019 Lee County Florida Foreclosure Report: Average Last Payment Due Date.

 Year The Mortgage Originated

Average Last Payment Due Date

1999

9/1/2018

2000

0

2001

0

2002

0

2003

1/7/2019

2004

0

2005

12/15/2014

2006

10/11/2014

2007

6/5/2016

2008

5/16/2017

2009

7/1/2018

2010

11/25/2015

2011

0

2012

6/16/2018

2013

0

2014

3/15/2015

2015

6/19/2018

2016

5/12/2018

2017

7/14/2018

2018

6/1/2018

 

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.

The simplest way to manage projects out there

Check list for a hurricane insurance claim

~Repost from one of our corporate sponsors 

Please use this check list for a hurricane insurance claim. I had significant damage to my home after Hurricane Charley. I wish I would have had this list then.  Jeff Tumbarello

Check list for a hurricane insurance claim: assess for safety.

First thing, assess the property to ensure it is safe to access.  If you see  standing water then proceed with caution or not at all. In our case during Hurricane Charlie, we left the property when the standing water began after the roof began to fail.

Check list for a hurricane insurance claim: document.

The first thing you should do is take an inventory of property. Take video/pictures via your smart phone, take note and detail which components of your property were damaged. Also, make a detailed list in writing. Take special note of your electronics, major appliances, and furniture. Taking pictures or video is the best practice here, having a visual record of the damage and repairs needed, will help the insurance claims process move smoothly. Also, if you did a video and/or pictures before the storm (your best practice) the comparison of the two will help the claim to progress.

Check list for a hurricane insurance claim: secure

As the property owner, it is your duty to ensure no further damage is caused in your property. Moisture is your properties worst enemy, so make temporary repairs to avoid mold and mildew. Cover and patch holes in the roof. Secure broken windows so looters or additional weather does not cause more damage. If the storm caused missing shingles on the roof, make sure you mitigate the damage by installing tarps to protect the property from further damage and water/moisture intrusion. Save all of your receipts in relation to this. I cannot stress this enough, make sure you save everything.  Also if you evacuate, record your mileage.

Check list for a hurricane insurance claim: file your claim

File a claim as soon as you can! Get in contact with your agent or your insurance provider company to begin a claim. Permit the insurers adjuster reasonable access to inspect and review the damaged property or records relevant to your claim. The faster they obtain access, the faster the checks will begin to come. Do not begin cleanup, repairs or throw anything away until you notify your insurance company! They will tell you want you can and cannot do.

Check list for a hurricane insurance claim: keep good records.

If your home is uninhabitable, keep record of any living expenses that may be reimbursed. Without receipts, you will not be able to collect any loss of use coverage throughout the time the house is uninhabitable.

Check list for a hurricane insurance claim: hire well

Once the clean up and rebuilding begins: Only hire licensed contractors to perform the work. I cannot say this enough. I chipped out a 1,000 Sq Ft of new tile laid by a handyman I hired once. Also, call and get estimates first. Prices will begin to rise as the rebuilding volume begins to affect the market… Also, offer to pay the contractors quickly, they will perform your work first, as many need to build up an operating reserve.

Check list for a hurricane insurance claim: be aware of what you are signing.

Beware of signing a contract with an “assignment of benefits” (or AOB) clause this gives the contractor the rights and proceeds of your insurance claim.

The adjustor that the insurance company sends out is not on your side. Make sure you have your own records and documentation. I hired my own adjustor after Hurricane Charlie. They got me an additional $30,000. I have had two major real estate related insurance claims. A partial loss due to Hurricane Charlie and a total loss where a rental property we owned burnt down. The partial losses are trickier and very subjective. Make sure you know what you are doing or get someone involved who does.

Check list for a hurricane insurance claim: keep perspective.

In the end, it’s only stuff. You will rebuild and life goes on.

Let us know if we can help 239 694 3300

 

Profit saving techniques for better cash flow

Management tips and profit saving techniques for better cash flow and better long term gain.

profit saving techniques for better cash flow

  • All rentals that have carpet flooring should have no pets!! (Long term investment property should not have carpet at all, they should have TILE flooring!)
  • Glass top stoves are the best. they last longer and have less parts to go bad.
  • Perform Quarterly Inspections  (check a/c filters, well equipment) You change/inspect the a/c filters while you are there.
  • When meeting with your prospective tenant check these things; the upkeep and condition of their car, and drive by if previous rental is local.
  • Prorate the second Month.
  • Make it as easy as possible to pay (envelopes, labels, electronic payment options).
  • Video tape/take pictures with your tenant in the pictures when you move them in.
  • Run back ground checks! You get what you inspect not what you expect. Do more than just call their references, employers, and previous/current landlords. Use the internet (Google/Facebook are your friends).
  • Be respectful and reasonable but do not be friends with your tenants.
  • Do not call, return missed calls, and/or see how things are going with your tenant.  Only respond to specific messages for for specific purposes.
  • Be realistic with your monthly rent ($50 more for an overpriced home can add months of vacancy).

Expenses over $300 are what kills your annualized returns.

 The most common expenses over $300 are;

  • Roof
  • Septic System
  • A/C
  • Well Equipment
  • Appliances

 

Budget these for replacement.  They will last longer if they are properly maintained

 

Rehab/maintenance costs

  • Tile verses carpet
  • Pool maintained by tenant or by pool company
  • A/C filters changed by owner/manager or tenants
  • Have tenants maintain well equipment verse company

 

Mistakes to avoid when investing in Real Estate

  • Do not estimate or use the opinion of someone else to determine market value. (Used recently sold comparables to determine value)
  • Never make a decision on impulse or emotion
  • Avoid investment property that is not separately metered (water or electric)
  • Septic vs. Sewer, Well equipment vs. City water.
  • Avoid fixer uppers outside of your expertise or have an expert (GC) with you
  • DISCLOSE, DISCLOSE, DISCLOSE (i.e. licensed realtor)
  • Find out about the financials, board membership, and rules and regulations when purchasing in a community
  • General contractor vs. jack of all trades… Never band aid a repair or rehab a property halfway…
  • Have either an exit strategy or long term plan for the investment (when you sale with the asset be purchased by another investor or an end user?)

Written by and presented at a SWFLREIA meeting by: Michael Lyons MBA, CAM Lyons Real Estate Inc  239-560-6164


SWFL REIA General Meeting

Wednesday 5/17/2017, 6:00 PM

LOCATED AT: 1400 Colonial Blvd Suite 48, Fort Myers, FL 33907 click here a map of location

Topic: Seasonal versus Annual Rentals. Which technique returns a higher ROI?

We will discuss the following:

  • Seasonal versus annual from an operational and legal standpoint.
  • How does each perform in the APOD? The APOD is spreadsheet. APOD stands for Annual Property Operating Data.

Presenter: Michael Lyons

 Mike Lyons, MBA

I have worked in real estate investing since 2001 and I have dealt with most all aspects of residential real estate investing. This includes property management, leasing, investing, wholesaling, flipping, property preservation, vacation rentals…
My education includes and an associate’s degree from Edison College, a bachelor’s and master’s degree in business from Florida Gulf Coast University. I am a licensed real estate agent and a licensed community association manager (CAM). I also served a two year mission for my church in Mexico and am completely fluent in Spanish. Other than the 2 years I spent out of the country, I have resided in Lee County my whole life.

My expertise is property management. I currently manage several hundred properties in Lee County (specifically Cape Coral, Fort Myers, North Fort Myers Lehigh Acres, and Bonita Springs. I am one of the few that enjoys doing property management. As a property manager and landlord of my own properties, I understand the importance of preserving an investment.

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.

 

 

Get our meeting notices and market updates emailed directly to you!




January 2017 Lee County Fl Foreclosure Trend Report

Complied by Southwest Florida Real Estate Investment Association Jeff Tumbarello, Director

January 2017 Lee County Fl Foreclosure Trend Report Trends at a glance:

2017 Lee County Fl Foreclosure 2017 Lee County Fl Foreclosure

Lis Pendens:

  • January 2017: 84 Mortgage related Lis Pendens.
  • December 2016: 97 Mortgage related Lis Pendens.
  • January 2016: 80 Mortgage related Lis Pendens.

Certificates of Title:

  • January 2017: 99 Certificates of Title were conveyed.
  • December 2016: 91 Certificates of Title were conveyed.
  • January 2016: 147 Certificates of Title were conveyed.

Notes:

  • More of the same…
  • The top ten Lis Pendens filers represent 59 percent of the filings.
  • BANK AMERICA NA was number 1 in filings. NATIONSTAR MORTGAGE LLC was number 2
  • The current trend of the distressed market NOT being a primary (last cycle) driver will continue.

***NEW DATE AND LOCATION***

We have outgrown the previous facility and will enjoy the new space!

Wednesday 1/18/2017, 6:00 PM

Presenter: Christopher W. Crowley , Crowley Law Firm 

Topic: Is there a statute of limitations on mortgage foreclosure suits?

LOCATED AT:1400 Colonial Blvd Suite 48, Fort Myers, FL 33907

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!


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

August 2016 Lee County Fl Foreclosure Trend Report

Hot off the presses! August 2016 Lee County Fl Foreclosure Trend Report

Big news about the 2nd wave! It did not happen this month either.

Trends at a glance for the August 2016 Lee County Fl Foreclosure Trend Report

Lis Pendens:

—August 2016: 101 Mortgage related Lis Pendens.

—July 2016: 105 Mortgage related Lis Pendens.

—August 2016: 127 Mortgage related Lis Pendens.

9 6 2016 lp

Certificates of Title:

—August 2016: 133 Certificates of Title were conveyed.

—July 2016: 120 Certificates of Title were conveyed.

—August 2015: 152 Certificates of Title were conveyed.

2016 Lee County Fl Foreclosure Trend Report

—More of the same.

—We had a SLIGHT month over month and year over year decrease in Mortgage Related Lis Pendens Filings.

—The top ten Lis Pendens filers represent 62.38  percent of the filings.

—Wells Fargo was number 1 in filings. BOA was number 2

—There slight increase in certificate of title conveyances.

SWFL REIA Members have access to the full report with more details.  Click here for membership information

crop lo

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

 

July 2016 Lee County Fl Foreclosure Trend Report

July 2016 Lee County Fl Foreclosure Trend  Report from the SWFL REIA

Lee County Fl Foreclosure Trend

Lee County Fl Foreclosure Trend remained roughly the same

Lis Pendens:

  • —July 2016: 105 Mortgage related Lis Pendens.
  • —June 2016: 122 Mortgage related Lis Pendens.
  • —July 2015 : 153 Mortgage related Lis Pendens.

Certificates of Title:

  • —July 2016: 120 Certificates of Title were conveyed.
  • —June 2016: 147 Certificates of Title were conveyed.
  • —July 2015: 245 Certificates of Title were conveyed.

Notes:

  • —More of the same.
  • —We had a SLIGHT month over month and year over year decrease in Mortgage Related Lis Pendens Filings.
  • —The top ten Lis Pendens filers represent 57  percent of the filings.
  • —Nationstar Mortgage was number 1 in filings. Wells Fargo and US Bank were tied for number 2.
  • There slight reduction in certificate of title conveyances

SWFL REIA Members have access to the full report with more details.  Click here for membership information

_____________________________________________________________________________

SWFL REIA MONTHLY LUNCHEON

SWFL REIA MONTHLY LUNCHEONS

When: 8/4/16 

Topic: A current update on some wholesale deals that are being done.

Presenter: Jack Alexander, Homevestors Franchisee

a90af1700-c0lHomeVestors logo in color_full

Dallas-based HomeVestors of America, Inc. is the largest professional house buying franchise in the U.S., with more than 65,000 houses bought since 1996. HomeVestors®recruits, trains and supports its independently owned and operated franchisees that specialize in building businesses based on buying, rehabbing, selling and holding residential properties. Most commonly known as the “We Buy Ugly Houses®” company, HomeVestors strives to make a positive impact in each community. In 2015, for the tenth consecutive year, HomeVestors was among the prestigious Franchise Business Review’s “Top 50 Franchises,” a distinction awarded to franchisors with the highest level of franchisee satisfaction. In 2015, HomeVestors was recognized as the 19th fastest growing franchise by Entrepreneur Magazine and number 127 in the Franchise 500 byEntrepreneur Magazine.

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 8/16/2016, 6:00 PM

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

Click here for a map

Topic: Things to consider before you do a joint venture or partnership.

Presenter: Kevin F. Jursinski, B.C.S. and Kara Jursinski Murphy, LL.M.

Kevin-F.-Jursinski-B.C.S (1)

Kevin F. Jursinski is recognized as one of Southwest Florida’s premier attorneys. He has concentrated more than 35 years of practice in the area of real estate, business and construction law in Naples and Fort Myers.

As a testament to his dedication to his legal practice, Kevin isFlorida Bar Board Certificated in three areas of practice: Real Estate Law, Construction Law and Business Litigation.  He is the only attorney (out of more than 101,000 attorneys) in the entire state of Florida who has ever received certification in these three practice areas simultaneously. Certification is The Florida Bar’s highest level of evaluation of the competency and experience of attorneys by the Supreme Court of Florida.  The Florida Bar recognizes Kevin as a Board Certified Specialist and expert in Real Estate Law, Construction Law and Business Litigation.

atty-kara

Kara Jursinski Murphy focuses her area of practice on Real Estate Litigation, Business Litigation and Real Estate and Business Transactional Law.

Kara was awarded a Master of Laws (LL.M.) degree in Real Property Development from the University of Miami.  She also  graduated Cum Laude from Florida State University College of Law. While in law school, Kara received Book Awards in both Constitutional Law II and Legal Research and Writing. She was also a teaching assistant for Torts I and II.

 Kara graduated Cum Laude from the University of Florida with a Bachelor of Arts degree in Political Science.

Kara is a member of the Florida Bar and the Florida Bar’s Trial Lawyers Section in which she participated in the Bar’s Advanced Trial Advocacy course.  She is also a member of
Attorneys’ Title Insurance Fund, Lee County Bar Association, Women’s Council of Realtors and the Southwest Florida Real Estate Investors Association.

Kara was born and raised in Fort Myers, graduating from the International Baccalaureate Honors Program at Fort Myers High School. She is excited to be a part of the family business and carry on the legacy of the firm’s Real Estate, Business and Construction Law practice in Southwest Florida.

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.

___________________________________________________________________________

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

—

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

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

 

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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