Real Estate Investing

Home/Real Estate Investing

What to Look for When Investing in a Vacation Home

When looking for a vacation home, you look for very different features than you would in a normal residential home. A vacation home is an escape—for your family and for others you may rent it out to. There are many features and elements of a vacation home that you should investigate before making your decision. With some careful consideration, your vacation home can become a sought out hotspot and become a great investment for you. Here are a few things you should look for when finding your vacation home.

Investing in a Vacation Home: Proximity to Attractions

What do you look for when you go on vacation? A picturesque lake? A mountain? A beach? For many people, vacations are an escape and a time to commune with nature. Find a vacation home that is close to natural attractions like bodies of water. Consider what makes the attractions close to the vacation home different from everyday life. The closer that the vacation home is to these attractions, the more immersed in the vacation your clients will feel. Do some research about what attractions are around the area you would like to get a home. There are a lot of prime vacation home locations in Florida that have many great attractions nearby.

A Large Kitchen

Envision it: You and your family arrive at your vacation home. You have invited others to join you for dinner. You enter the kitchen, and voila, there is a large oven, refrigerator, freezer, stove, microwave oven, and a two-sided sink. Perfect for making that scrumptious meal you had planned.

Food is an essential part of any vacation and connects us with others, so when you look at houses, take a good, long look at the kitchen. Will it be sufficient for helping feed a large group of people? Is there a good kitchen stove and oven? Is there enough counter space to serve food? Is there a large enough dining area to keep everyone together? A good kitchen in your vacation home can be a make it or break it for those looking to rent your vacation home.

Investing in a Vacation Home: A Pool and Hot Tub

When looking for a vacation home to go to, your renters will be looking for how they will be able to enjoy themselves at the vacation home, not just outside the home. A pool and hot tub are perfect solutions to making not just the area attractive, but the home attractive. Having a place where they can play and relax is a great way to keep people coming for your vacation home. It sets it apart, and for many renters, a pool and hot tub are musts for vacation homes to be vacation-worthy. Just make sure you keep on top of the maintenance so guests can properly enjoy them.

Backyard Features

There are many other backyard features you could consider for your vacation home. There are elements that help make the backyard more beautiful, like water features, a nice lawn, and maybe some trees or other vegetation. There can also be more fun features, such as a basketball hoop.

As you consider, don’t forget unique backyard features that are convenient and beautiful. This includes a patio or a deck, to help show off the location of your vacation home to your renters. But the versatility of decks isn’t limited to the view they provide. Decks have many uses, especially for large family gatherings. Sometimes a large deck can make up for the lack of a large inside dining area. Barbecues, nice sunset dinners, snacks for backyard games, décor for special occasions… the possibilities are endless.

Investing in a Vacation Home: Easy to Update

As new technology comes out and house improvement continues to be a thing, those that rent your rental home will be hoping for the newest and greatest features. Staying up to date on what is new and popular will depend heavily on the quality of the home. As you look at potential vacations, look at how you could update the home. If there are some features that are missing such as air conditioning, will they be easy enough to update?

It is good to do regular maintenance checks in your vacation home as well, and do minor updates as time goes on.

Access to Resources

Though it is important to make sure that your vacation home is in a picturesque location, it is important that vacationers also have access to resources. Are they able to get to a grocery store easily? How about if there is a medical emergency? Having access to resources will also allow those who rent your vacation home to stay longer, because they won’t have to pack all their food in with them. They can also rest assured that they aren’t so far removed from civilization that if something goes wrong, they can’t find help.

Investing in a Vacation Home: A Large Garage

A large garage wouldn’t just be for cars, it would be for storage. Now, you might be thinking, why would you need storage space for a vacation home?  No one is living there, it’s not like they need space to store their lifelong possessions. Here’s the thing—the stuff that you bring on vacation can be much bigger than you would ever need for daily life. Is your vacation home next to a big lake? What if those who rent your property want to bring a boat or jet skis? What if someone is planning a family reunion on their property and they are bringing several vehicles? Though it isn’t immediately obvious that a large garage would be a necessity for a vacation home, it can be an important consideration.

Accessibility

Everyone is included in family vacations, and that means grandma and grandpa. That means those who may be physically disabled and unable to climb stairs or fit into small restrooms with mobility devices. Sometimes if there are stairs or other accessibility concerns, that automatically makes your vacation home a no-go. There are many accessibility problems that could be a concern, so it can be important to do some research about how to adapt homes for optimum accessibility.

A vacation home can be a fantastic investment, but it is important to make sure that investment makes it to fruition. Investing in the right type of home will encourage people to come to your vacation home, and these considerations can help you make the right decision. This can be a fun and challenging process, and in the end it is worth it.

For more tips on investing in real estate, become a member of SWFL REIA today!

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.



How to Begin a Promising Career in Real Estate

A promising career in real estate is many things but we promise it will not be boring! Selling houses can be an adventure. Matching clients to their ideal house is a little like playing fairy godmother—you get to watch their excitement unfold as they select a house perfect for them and their family. But it can be a difficult road to get there, especially if you don’t know where to start. Here’s how you can begin a promising career in real estate.

Begin a Promising Career in Real Estate: Start Flipping Houses

A good way to gain practice is to flip houses. Flipping houses is the term coined by buying properties that are in need of some repair, fixing them and selling them. It can be a difficult journey—you have to know some DIY skills yourself or else be willing to pay out of pocket for someone else to come and repair damages to the property. Some properties take months, even years, to transform, while others take only a few weeks. As you begin your journey flipping houses, it’s a good idea to start under someone who is already experienced at buying and flipping houses. Having a mentor will help you be able to do it yourself when the time is right.

Go the Licensed Route

To be recognized as a real estate agent in any of the states in the US, you will need to get your real estate license. Getting a real estate license gives you access to many resources that will help you succeed. You will be able to get the proper training by taking the required classes so that you are qualified for your job. You will also be able to have connections with the National Association of Realtors. Being a real estate agent is not a one-man show. Getting your license will help you get connected.

Begin a Promising Career in Real Estate: Build Your Network

Connections are what makes a real estate job work. You need to forge those connections so you can expand your clientele. By knowing the area, and connecting to local businesses, you can find clients for yourself who you can assist by helping them find the perfect house or building for their needs. Networking in real estate will help you forge valuable connections and expand your reach.

Starting a career in real estate can be challenging, but it can be a very productive and worthwhile career. It takes time, energy, and a willingness to work hard in order to gain clients and start your own business selling real estate.

For more help with real estate investing, become a member of SWFL REIA today!

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.



How to Protect Your Home’s Foundation from Damage

Your home’s foundation provides the groundwork for the structural integrity of the rest of your home. If your foundation fails, the rest of the house will follow suit sooner or later. It’s important to protect your home’s foundation from damage, especially water damage. So what are some things you can do to do this?

Protect Your Home’s Foundation: Lawn Grading

Grading your lawn helps redirect water away from your house and prevent it from pooling near your foundation. If you aren’t sure if your lawn needs to be graded, start by checking the slope of your yard. If it already slopes away from your house, you may be good to go. If it’s level you may want to consider altering it to slope away from your home. If it slopes toward your home you need to address that. Take some of the dirt from higher areas of your lawn and add it to the lower areas to give it a boost. Aim for a slope of about 2-3 inches every 10 feet.

Clean Your Gutters

Keeping your gutters clean is another great way to help protect your foundation from water damage. Clean gutters more easily direct water away from your house and away from its foundation. As gutters become dirty, the flow of the water becomes more restricted, increasing the chances of water becoming backed up enough to spill over the sides of the gutters and down your walls, right to the foundation. A damaged foundation can open you up to many other issues. It’s important to clean your gutters regularly to help protect it and prevent those issues.

Protect Your Home’s Foundation: Tarring

Concrete isn’t waterproof by itself, so it’s necessary to coat a concrete foundation to keep it protected from water damage. This is where tarring comes in. Tarring is what keeps the portion of your foundation that you can’t see protected from water and damp soil. This is especially important in areas with high water tables, as the soil around the basement is more likely to be wetter. If your foundation doesn’t have a protective coating, you should probably consider adding one. You’ll need to dig the soil away from your foundation, clean it, apply the coating, and let it cure before replacing the soil. It’s a lot of work, but it could save you some trouble down the road.

It’s important to protect your home’s foundation from water damage. Fortunately, there are things you can do to help it stay in good condition. Grade your lawn, keep your gutters clean, and make sure that whatever portion of your foundation is below ground is properly tarred. This will help protect your foundation and prevent water from compromising the structural integrity of it and the rest of your home.

For more great tips, read this next: Insurance Questions You Should Ask Before Renting Your Property 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 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.



Responsibilities Rental Property Landlords Should Know About

Getting into the real estate business by becoming a rental property landlord can be a big step towards financial independence. Becoming a landlord also comes with a new set of responsibilities. While there may be overlap with the general responsibilities of being a good homeowner, it’s important to become familiar with the ins and outs particularly to being a landlord with a rental property.

Rental Property Landlords Should Know About: Taxes and Legal Issues

There are taxes that landlords are responsible for, such as property taxes and taxes on the income you receive from your tenants. While income and property taxes probably aren’t new to you, it’s important that you understand how these will apply specifically to your rental property. Additionally, there are some legal issues you need to become familiar with. These issues include acceptable tenant screening processes, protecting any sensitive data you collect, your rights regarding entering the rental property, and the ins and outs of contracts. If that sounds like a lot, it might be wise to consult a lawyer, especially when it comes to drawing up contracts.

Property Upkeep

A landlord has an obligation to provide tenants with clean and safe living conditions. This requires regular property inspections, as well as maintenance and repairs. As the property owner, you should be on the lookout for signs of roof damage. Don’t neglect the foundation, plumbing, HVAC, and electricity either. This all has to be done while staying in accordance with a tenant’s right to privacy. That means that you may be obligated by state law to provide your tenant with advanced notice of your need to access the premises. Generally speaking, entering uninvited or without prior notice is not considered a good practice for landlords.

Rental Property Landlords Should Know About: Maintaining Insurance

Make no mistake, being a landlord means being a business owner. Carrying adequate insurance to protect and secure your business and rental property is something of a business basic. Many lenders will require you to carry insurance before giving you a mortgage to protect their investment in your business. There are a lot of different types of insurance, from what’s included in an LLC, to those designed to protect your property in the event of damage or disaster. Carefully consider the risks you’re most likely to encounter, and allow that to be the starting point from which you determine what insurance you need to carry.

As a landlord, you have certain responsibilities and obligations to the government, your business, and your tenants. There are taxes and legal issues you need to become familiar with. You have an obligation to maintain the property. It’s also important to maintain adequate insurance coverage. Familiarize yourself with these and other responsibilities to ensure that you meet your obligations.

For more great tips, join us for one of our monthly luncheons!

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.



Investing in the Cape Coral Lot Market

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.



How to Handle Short-Term Rentals During a Pandemic

Owning short-term rentals during a pandemic can be a challenge. One of the industries that got hit the hardest during this pandemic is the short-term rental industry. During the summer, many people rely on short-term rentals to make ends meet during the rest of the year, but because of the concern of the pandemic, some states haven’t even allowed short-term rental properties to open. For those that are allowed to open, there are important things to consider that will make the experience the best it can be given these trying circumstances.

Communicate with Guests

One of the most important things you can do is communicate with your guests. Establish your policies and clearly communicate those with your guests. Let them know what you are doing to keep them safe during this pandemic. For example, if your short-term rental is a bed and breakfast that you rent out to multiple people at a time because you have multiple rooms, you can allow guests the option to come to breakfast in the dining room or stay in their rooms for breakfast. Let them know what your policies are so that nothing surprises them during their stay.

Short-Term Rentals During a Pandemic: Clean Your Properties

During this pandemic, it is of the utmost importance that all short-term rental properties get thoroughly cleaned in-between visitors. Some states have their specific guidelines of what insures cleanliness. An average-sized house can take 1 to 2 hours to completely sanitize. It might even take longer, depending on how in-depth you go with your cleaning procedures. But cleanliness is what reassures guests that they are safe from the virus while they stay in your property, so it is a step to not miss in-between visitors.

Short-Term Rentals During a Pandemic: Flexible Cancellation Policies

Another important thing to consider is flexible cancellation policies. People are scared during this pandemic, and even if they are willing to make travel plans, their plans might change due to the virus. Allow them time to cancel at any time and be understanding if their plans change for any reason. Traveling is stressful at the best of times, but during this pandemic, it’s even more so.

It might be stressful to handle short-term rentals during this pandemic, but you can make the experience as stress-free for your guests as possible by being open with your policies, cleaning your properties thoroughly, and allowing your guests to cancel. Be as accommodating as you can so that their experience with your short-term rental is a positive one.

For more great tips, attend one of our virtual meetings!

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.


How to Preserve Your Property Values Over Time

The volatility of the real estate market is concerning for many homeowners. Smart investors position themselves to preserve their property values over time. When everything in the world seems uncertain, homeowners want the security of knowing that their home and property value is safe and secure. While it’s impossible to predict the future, there are a few concrete ways that you can preserve and increase your home’s property values over time.

Make Strategic Upgrades

One of the best ways you can preserve your home’s property value is by making upgrades from time to time; seek to modernize your home or bring it in line with what buyers expect. Today’s buyers are looking for updated kitchens, open floor plans with flexible living space, and energy efficiency. Consider investing in new kitchen appliances, finishing your basement, and lowering your home’s energy costs. These upgrades will increase your quality of living, as well as preserving your property values.

Preserve Your Property Values: Watch for Signs of Damage

As Benjamin Franklin once wrote, “An ounce of prevention is worth a pound of cure.” While this quote is often used in the healthcare community, it’s just as applicable in real estate. It’s important to learn how to spot signs of damage to your home. Watch out for mold, structural damage, and leaks. Even minor leaks can present major issues for your home. Catching (and fixing!) these minor issues early will preserve your property values over time by ensuring that small issues don’t become bigger ones.

Talk to a Professional

If you aren’t sure what you can do to boost your home’s property value, you should look into getting some advice from a professional. Call a sales agent for a consultation; you don’t need to list your property on the market in order to talk to one, and they may notice small problems that can have a big impact on your home. A sales agent can offer a valuable new perspective on your home.

You should also call a home inspector. These inspectors are trained to notice structural or mechanical problems that have the potential to cause damage in the future. They can give you a list of repairs you can make and help you prioritize them in order of importance.

You can preserve the property values of your home by making strategic upgrades and carefully watching for any signs of damage. If you aren’t sure where to start, consider talking to a professional. These three strategies can provide you with the security of a plan for your home’s protection.

For more great real estate investing tips, attend one of our monthly meetings!

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.


How to Make Your Properties More Attractive to Families With Children

For single-family homes, families with children are often your tenants. . Property owners often specialize in a certain type of property, and different types of property appeal to different demographics. Single individuals might prefer a studio apartment. A pair of newlyweds might find that an apartment with a single bedroom and bathroom meets their needs just fine. More established families may prefer a single-family house with a yard. If that’s what you specialize in, you might be wondering what you can do to make your properties more attractive to families with children. Here are a few things you can start with:

Make Your Properties More Attractive to Families With Children: Childproof It

The first priority for every parent is the safety of their children. You can make your property more attractive to families with children by adding some childproofing features. You might consider installing locking devices on kitchen and bathroom cabinets and drawers. Windows can be a high hazard area for children too. Cordless blinds are a safer window covering option, since they don’t have cords children can choke themselves on. And as of 2018 corded blinds aren’t available unless you special order them. If your property has a second story above ground, consider adding window guards that can help prevent children from falling from a window.

Focus on the Backyard

Homes with ample yard space for children to run around in can be more appealing to those with children. If you want to capitalize on this, there are some things you can do to make the backyard even more appealing. Fences help parents feel more secure about letting their children play outside without constant supervision. A swing is a simple addition to the backyard for children to enjoy playing outside. This could be as simple as a tire swing hanging from a tree or a more sophisticated swing set. Most kids aren’t going to be picky. Their biggest concern will be whether or not there’s someone around who can push them higher.

Make Your Properties More Attractive to Families With Children: Add a Security System

Security features can also be extra appealing to families. There are many benefits of having a security system in a home, and lots of different pieces of equipment you can choose from. Something as simple as carbon monoxide and smoke detectors can make a life and death difference. Door and window sensors can be handy for letting parents know if little Timmy is heading out the front door, or if a window has been opened. Motion sensors and different types of security cameras can give parents peace of mind when they’re away from home.

Families with children want their home to be a safe, fun place to live. By focusing on making your properties safe and fun, you’ll find they have greater appeal to this demographic.

To get more great investing tips and network with other investors, become a member today!

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.


3 Important Steps to Take Before Closing on Your First Investment Property

Few things are more exciting than your first investment property. You’ve made a big step and purchased your first home to flip. But before you can get started with the renovation process, you’ll need to close on the house. Closing is the process of making sure everything is final, with the seller, with your real estate agent, and with the bank. It’s a process that can be time-consuming, but it is an essential step to making sure that everything is processed correctly.

Your First Investment Property: Get Approved by the Bank

One of the first steps you need to do is make sure that you get approved by the bank for your mortgage payment. You will need to bring your credit score, the debt you owe, your monthly income and proof of employment, and how much you can put down for the house. However, even after you get approved, you must stay on good terms with the bank by keeping your credit score constant. Most lenders require you to have a credit score of at least 680 in order to get approved, so you’ll need a good credit score to begin with. But if that score falls, the mortgage lender can put a stop to the mortgage loan and prevent you from closing on your house.

Have a Thorough Home Inspection

After you are approved, you’ll need to make sure that a thorough home inspection (and home appraisal) are conducted before you buy the house. You’ll want to make sure that everything is approved and inspected for possible errors. One of the major things to know is there are several common foundation repairs that may need to be made before you buy any house. You want to make sure your house is inspected thoroughly before you close on it.

Your First Investment Property: Have a Final Walkthrough

In addition to a thorough home inspection, you’ll want to make sure you do a final walkthrough. This is usually done 24 hours before closing on the house. During the final walkthrough, you personally walk through the house and double-check that everything is as it should be for this house you’re about to close on to make sure that you’re aware of everything and that everything meets your expectations.

There are other steps you’ll also need to take to close on a house, but these three are crucial steps that should not be left out. Doing these things will help to make sure the buying process goes smoothly.

Ready to start your real estate investing journey? Become a member today!

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.


How to Use Your Home Equity as a Finance Tool

Do you have at least 20% home equity? Then a HELOC, or home equity loan, may be just the financial tool you need to improve the value of your home and finance other endeavors. Luckily, there are several different ways you can use your home equity as a financial tool.

Use Your Home Equity: Urgent Repairs

Everyone experiences “rainy days,” and it is important to keep your home well-maintained so that further damage doesn’t occur in the future. A home equity loan, or HELOC, is great to use for these unexpected and emergency repairs. In fact, a home equity loan remains tax-deductible as long as you’re using money from the loan to finance needed repairs that improve your home’s value. In the end, it can be a win-win situation—an extra boost of help for you that both makes repairs cheaper in the end and enhances the value of your home.

Planned Renovations

Since using a home equity loan or HELOC offers you a tax-deductible opportunity to improve the value of your home, you may want to consider using a HELOC for renovations and additions to your home.

An option that may be a better is a more energy-efficient roof. Fortunately, there are all kinds of roof types for different budgets. If you want to play it safe and install a cheaper but durable roof, asphalt shingles are the right option for you. However, the value of your home will increase with a roof that reflects heat away from the home. Since new roofs can be expensive, consider using a home equity loan to supplement the expenses.

Use Your Home Equity: Debt or Large Purchases

While you should never jump into a loan without careful consideration, a HELOC may be a useful method to collect some extra funds for paying off mounting debts or financing an expensive purchase, like a car. A home equity loan can be a useful tool given its flexible nature, adjustable rates, and relatively lower interest. However, there are always circumstances where banks may change the interest rate for a HELOC. So, before you put money down on that new truck, make sure you talk to your bank representative ahead of time as well as have a solid plan for how you will pay the loan back.

If you’re wanting to round up a bit of extra cash for an expensive purchase or home remodeling, then a HELOC may be the right choice for you. However, be sure to do adequate research and planning before taking out a home equity loan so that you don’t run into any unexpected, financial issues.

Wanting to get into the real estate investing game? Become a member of the SWFL REIA today!

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.


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