How Investors should buy homes in Cape Coral & Fort Myers Florida

How Investors should buy homes in

Cape Coral, Fort Myers and Naples Florida

•  Locate a true (experienced) buyer’s agent with only one hat. No listings.
•  Be prepared with verification of funds or Prequalification statement from a lender no older than 15 days.
•  Have cash for down payment.
•  Choose a city with criteria like pool, age of home, salt or fresh water canals.
•  Be liberal with top price to search. (up to 30% over)
•  Decide if you wish to get a home with or future utility assessments.
•  Ask Joseph Beauvais, “Currently, where is the money coming from for rentals?” Currently it is the Euro at $1.57. They are the targets for renters. Not locals.
•  Ask, what type of home is attractive to those seasonal renters?
•  Ask, Sunny Spot Realty inc. for the company that deals exclusively with foreign renters and can rent the home out resulting in a positive cash flow until the market changes.
•  This is the one few agents like. Make several low offers on homes you selected all at once. Put a contingency in the offer. “Ask Joseph Beauvais” That will allow for visual inspection and choose the best one. NOTE: some are already listed extremely low. Adjust your offer accordingly. Ask Joe for a Market evaluation on properties of interest.

· If none is found this go around, Do the cycle over again.

Never fall in love with a home. This is an investment.

***Never think, “The market has not bottomed out yet, I will wait” This is like catching a golf ball when it hits the ground. Miss it by a little and the rebound is fast and furious. That is not even taking into account our low interest rates. The time to buy is when the market is flooded, demand is lacking and interest rates are low. Sound familiar?

Important Criteria
Any given area has unique properties. That may be Salt water canal homes, fresh water canal homes or unique gated communities. If builders are not able to duplicate your property with competitive pricing, this is where to look. Example; Salt water canal pool homes in Cape Coral and Fort Myers. They cannot create anymore building sites. Over one million has great potential. What is available is all there will be. “Supply and demand”
Be assured, High fuel ie electric heating costs will drive Florida’s homes to become very attractive before the rest of the U.S.

Using my methods you will be assured a making a great deal of money when flipping in 1-2 years.

Click. Cape Coral Real Estate

Email; SunnySpotRealty@comcast.net
Phone; (239)770-0686
Lets begin today!

 

Cape Coral Real Estate
Cape Coral Real Estate. Search thousands of Cape Coral, Bonita Springs, Naples & Ft Myers homes for sale with our Free MLS Search. We have the Largest list of homes for sale in Lee County.