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Investment In Property.

Investment in Property is different than searching for a place that you call home. Many individuals are presently putting financial resources into property investment. While real estate is putting forth opportunities for capital gains, the purchasing and owning of real property is much more complicated than stock and bond type investments. Meaning, it is more of an intensive investment.

During tough economic times, people search for extra income sources and/or safe havens for their principal. Property investing can be one of those investments. It also can give you several reliable income sources, as well as tax benefits.  Investment In Property is also called “real estate investment,” investing in property can give you a lot of benefits. One of these is that you can have the property rented while building equity.

Investment In Property: Rental Property

An investment property can be anything from an apartment building, vacant land, single family home or a duplex.  You can even live in a part of your property then lease out part of it. Not only you can save your rent, but you will also yield cash flow. But, of course, like with other investments, there are also risks involved such as hearing complaints from renters and unanticipated capital investment for building maintenance.

Before investing in property, review your current financial situation to make plans for the future. Think about just how long you would want to keep your investment property. In other words, do your homework and due diligence, that way you will know the expenses involved and the earning potential of a specific property. For instance, if you wish to keep a property for five or ten years then you have to prepare yourself for the larger (Roof, HVAC, Septic tanks) repairs and other expenses.

Investment In Property: Selling Property

There are a lot of agents who can help you sell your property. They can even help you choose others for investment. Most who are investing in property are continually improving the value of land or home and then they sell it at a price that is more than what they have invested in it. You have to devote time and have a plan to increase a property’s value. Keep in mind the other properties around the property you’re looking at, as they will affect the value (the exit price) of your investment.

We look forward to meeting you at a meeting soon!
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Lee County Florida 2016 REO Sales

This is a small part of the Presentation for the SWFL REIA General Meeting this month.

Complied and analyzed by Jeff Tumbarello, Director

Disclosure:

  • This is my work done for me and shared with you.
  • All data exported from MLS and trended with Excel.
  • Data exported 1/11/2017 at 12:56

What is an REO? REO is an acronym for Real Estate Owned and is industry jargon for foreclosure property repossessed by banks or lenders.  One reason investors pursue REO properties is that the bank has to sell the property, so you have the potential to get a below market deal. Unlike buying at foreclosure auctions, the properties are easy to access, and often vacant(unless their are tenants), so it makes viewing them easier. One thing to remember about buying REO’s, the process can be frustrating. Banks may not respond quickly to offers.

The big picture for Lee County Florida 2016 REO Sales

2015 2016
Sales counts 2,361 1,003
Volume $360,347,024 $176,642,462
Avgerage Price $152,625 $176,114
Median Price $127,000 $147,644

The sales counts and volume are down while pricing is up.

Lee County Florida 2016 REO Sales

The bubble chart clearly shows where the market has changed in the lower end. That is the end that investors tend to do the most of their work.

A few thought on Lee County Florida 2016 REO Sales :

This is an amazing opportunity.

    • There is a large demand for investor quality deals and few deals to be had.
    • The institutionalized distressed market in and of itself is a bit of a closed society. When this part of the distressed market losses its market share it creates opportunities.

SWFLREIA General Meeting

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

Wednesday 1/18/2017, 6:00 PM

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

Click here for a map to the new location

Topic: 2016 Market Trends Update. 

Some of what we will cover:

  • Pricing Trends.
  • Volume Trends.
  • City Specific Trends.
  • Where are the bubbles of activity?

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

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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.

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

September 2016 Lee County Fl Foreclosure Trend Report

September 2016 Lee County Fl Foreclosure Trend  Report

Trends at a glance:

Lis Pendens:

September 2016 Lee County Fl Foreclosure Trend Report

—September 2016: 98 Mortgage related Lis Pendens.

—August 2016: 101 Mortgage related Lis Pendens.

—September 2015: 114 Mortgage related Lis Pendens.

Certificates of Title:

September 2016 Lee County Fl Foreclosure Trend Report

—September 2016: 81 Certificates of Title were conveyed.

—August 2016: 133 Certificates of Title were conveyed.

—September 2015: 178 Certificates of Title were conveyed.

 

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

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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

SWFL REIA Luncheon:

—SWFL REIA MONTHLY LUNCHEONS

—When: 10/13/16 *** Due to Hurricane Matthew***

—Presenter: Mike McBride

—

—Mike began investing in real estate in 1999 and has been involved in mobile homes, buy and hold rentals, vacant land, rehabbing, and  wholesaling.

—Topic: Lessons learned from wholesaling and rehabbing.

—Mike will cover:

—Advice for new investors

—Mistakes made and lessons learned

—Strategies for today’s market

—Location: Pinchers Crab Shack the Marina at Edison Ford

—Address: 2360 W 1st St Fort Myers, FL

—From 11:00 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


—SWFL REIA General Meeting

—SWFL REIA General Meeting

—Tues 10/18/2016, 6:00 PM

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

—Topic:  How to deal with problem tenants.

—Presenter: Michael Lyons, Broker Owner Lyons Real Estate Services, INC

—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!

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