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Fort Myers, FL Real Estate News

By Joe Kendall Broker, It's Always best to talk to "Broker Joe"
(Keller Williams Elite Realty )
🌴 Discover Moody River Estates — Fort Myers’ Hidden Gem for Gated, Waterfront Living!Looking for a neighborhood that offers more than just a place to live? Let me introduce you to Moody River Estates, one of Fort Myers’ most desirable gated communities — where luxury meets lifestyle just minutes from the heart of the action!Imagine pulling into your beautifully landscaped, tree-lined neighborhood and being greeted by over 400 stunning homes, each offering curb appeal, peace of mind, and a sense of community that’s hard to find these days.🏊‍♂️ Resort-Style Amenities? You bet.Step into the spacious clubhouse that anchors the community and you’ll find a modern fitness center, resort-style pool and spa, billiards room, meeting spaces, and more. Whether you're hitting the tennis courts, padd...
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By Ray Higdon
(Forever Wealth Club)
Great investment property. New roof in 2005. Tile throughout. Long term Tenant occupied-rented month to month of $600 a month. Low maintenance house for a great price. Your price only $60,000 - Pics and More here - http://www.buyahousefromray.com/1787henderson  Ray HigdonRLH Holdingshttp://www.buyahousefromray.com
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Three rental income houses on half acre (2 parcels). Fully rented Rental income of $2350 a month. Owners willing to hold a small second or open to creative offers. 133 is a 3/1 currently rented for $650 a month. 137 is a vacant 3/1 that can be rented for $650, back house(137) is a large 3/3 currently rented for $1,000. Your price only $235,000 - Pics and more - http://www.buyahousefromray.com/135lucille Ray HigdonRLH Holdingshttp://www.buyahousefromray.com
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By LLoyd Nichols, Southwest Florida Homes By The Sea
(Premier Florida Realty)
Througthout the years I have worked with clients who want to either buy a business or buy a business/property included. Restaurants are a different animal all together. Some for reason of disclosures and privacy will not "open their book " only if you make an offer.I have reservation on these type of deals but of course one may always put a contengency with the offer which says in layman terms that if the numbers stink I am out of there and I have the right to do so and you have to give me back my deposit held in escrow. The assessed value is certainly different from residential properties but above all I use a check list.Some may use some added point as Gross Income, Operating Income, Net Income and if the previous owner also pays  himself. With restaurants in Ft Myers and Cape Coral a...
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By Gary Szolosi
(Paradise Realty Network)
 Is time running out? Recent reports have shown an increase in the volume of buyer interest in the Fort Myers Real Estate market. Reports indicate that more buyers were active in the month of November than previous months. This may be a key indicator that the buyer's market conditions may be drawing to a close. Although this doesn't indicate a rapid turn to a Seller's Market it does indicate that the chance to pick up a bargain may on the decline. Recent reports on the strong Florida economy and job market may be the fuel for this recent up-tick in buyer enthusiasm. There are also indications that the terrific incentives that developers are currently offering has fueled the recent improvement in the market. Time may be running short to take advantage of the strong position that buyers c...
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Let your competition turn the snooze button on during the Holidays! If you want to hit the ground running in 2007, you want to attend this seminar! WhereBeacon Executive Suites8359 Beacon BlvdFort Myers, Florida 33907December 16, 20069:00AM-5:00PM   John Tur will be speaking on Foreclosure Investing. John is a leading expert from the East coast of Florida. Ray Higdon will be speaking on how to make big profits in Wholesaling. Admission is $20 or you can bring a wrapped toy for the RLH Holdings Toys for Tots Drive and get free admission. This event is being put on by Foreclosure Help Center. Come out, learn and support a great cause! Ray HigdonRLH Holdingshttp://www.buyahousefromray.com239-248-2182
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By LLoyd Nichols, Southwest Florida Homes By The Sea
(Premier Florida Realty)
No matter the age of the property,( in Fort Myers and certainly along the coast of Florida ), you are purchasing you are better off getting  a mold inspection  added to the general inspection. It should be written in black and white within the Contract or as an Addendum. Some sellers think that bleaching walls and baseboards will get rid of mold. If its light mold yes but you may need more treatment like the following:Professional Mold Remediation and Fogging Products or you may want to use a High Ozone Shock Treatments - Air-Zone Ozone Generators. Of courseyou are always better off using a professional and get 3 estimations as it is very easy to run a bill of 1000's of dollars. If you are confident about doing it yourself  buy also a kit which will measure the level of mold.;o) Even if...
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By LLoyd Nichols, Southwest Florida Homes By The Sea
(Premier Florida Realty)
Ray ( Kevin Costner) may as well stand in the middle of the baseball park, City of Palms Park, where if not for Shoeless Joe Jackson standing in the mythical cornfield of "is it Heaven?" and "no, Its Iowa, " they seem to come in drove to the City of Ft Myers. "Build it and they will come!"During the last five years, job growth in Fort Myers/cape Coral jumped 32.5% and we have experienced the fastest job growth among the 100 largest metropolitan areas. The jump in building permits, which has certainly slowed down this past year, still benefits the Fort Myers area and Sarasota with the lowest unemployment in the country. This study of data taking us thorugh October of 2006 shows an addition of close to 1000 jobs a month.It is clear that with such an influx of newcomers, we will need more ...
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By LLoyd Nichols, Southwest Florida Homes By The Sea
(Premier Florida Realty)
Many of us do know that having "good"listings, that are are properly priced, is the back bone of a long real estate career. In South Fl and here in Ft Myers tons of listings are coming in the MLS every week, but surprise, they are not selling. There is to much inventory of course and then some people think that we are still in 2005.They are in denial. If they are selling with buying another home in mind, its clear what they have to do: lower their price so its competitive because after all you will buy more home on the other end....so its not so bad: you get less $ but you will pay less in return. So its not so bad at all and all relative. How much is your client going to net after he/she buys the new home? That is the whole question.   LLoyd 
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By Ray Higdon
(Forever Wealth Club)
Two Triplexes in East Ft Myers, FL - CBS with good structures and roofs. I have an executable interest in this property and am assigning my contract. This is 6 units on one parcel so this is a commercial deal. Currently on a large tract of land, being broken out into a half acre tract. Address is 2626 WRIGHT ST, FORT MYERS FL  33916 Types of repairs, cosmetic, drywall, flooring is mainly tile, new kitchen cabinets, clean up, minor electrical and plumbing. Pics show the windows boarded up, there are only a couple broken windows, and they are boarded up as the owner does not want to rent them while selling them. The rehab SHOULD NOT be more than $5k per unit. The units are (4) 2/1's and (2) 1/1's. The 2/1's should rent for $700-$750 per month and the 1/1's around $600. Total possible inco...
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By Ray Higdon
(Forever Wealth Club)
Local Investor and CPA Rick Donner speaks on Entities Richard (Rick) Donner, CPA has been serving clients in SW Florida since 1987. Rick and his wife Lisa are investors and have won "Deal of the Month" twice. Rick and Lisa are "Masters" in Ron LeGrand's real estate program and are members of Ron's elite "Commercial Platinum Group" and are networked with investors from across the country. Accordingly, Rick works with and helps real estate investors from across the country. Rick is instrumental in helping clients save money on taxes by adequately helping them plan their financial future through the use of entities. Rick has many clients come to him that are told to set up an LLC or an "S" or "C" corporation but they don't really have an understanding of why let alone the underlying tax tr...
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By LLoyd Nichols, Southwest Florida Homes By The Sea
(Premier Florida Realty)
When a buyer makes up his or her mind to purchase a single family in Florida, they already have an idea of the type of lanscaping they are looking for to make their home special. These days with an inventory larger than privious years, focusing on making that right first impression is crucial to selling. Some owners just possess that special knack of transforming a bland yard into an exciting retreat. Due to the extreme heat in the summer months, it is recommended to have a few palm trees that provide some shade and depending on the size and condition of your lawn, it is a plus if the front yard has an island or at least river rocks that inspersed with small gardens.  Indiginous plants such as Bougainvilla, Hybiscus, Crape Myrtle, Palmettos, Weeping Whillow, Fire bush, buttonwoods, orch...
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By LLoyd Nichols, Southwest Florida Homes By The Sea
(Premier Florida Realty)
Less then 2 weeks ago the NAR started a campaing with ads in major Newspapers in the country and I thought: This is what a lot of us realtors have been saying! It is the "Buy Now"campaign.It is a buyer's market:* we can negotiate more.The interest rates are still low.The prices are starting to stabilize. The choices of properties is larger hence your buyers have more chances to find their dream property.We do know that  a Housing investment is a great investment with the right Realtor.The vice chairman of the Federal reserve himself is saying that there are signs that the market is improving and the NRA thinks that prices for sellers will rise next year.Even if its modest rise, we do know that something is happening little by little. These days sellers may even pay part of the closing c...
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By LLoyd Nichols, Southwest Florida Homes By The Sea
(Premier Florida Realty)
A top notch building lot is located in a residential street which is paved and has street lights. The spot where the house is going to be build should be elevated. The other homes around should be clean and owners proud of their properties.How close to schools, stores, markets,hospitals, fire station, police station and your job, unless you work from home? How is the traffic there and how long does it take to get to downtown, the beaches, the restaurants? A corner lot may be more interesting, the size is at least as much as the average on the street . For a waterfront lot as on canal, the depth of the canal and width should be checked and you have to know in the off rainy season as in winter the depth of the water.What access do you have? Are there any bridges or not?( can you use a sai...
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By LLoyd Nichols, Southwest Florida Homes By The Sea
(Premier Florida Realty)
Certainly there is a certain form of drastic drop in sales in the major cities in the USA. Boston, Las Vegas, Miami and many others were hit hard and here in Fort Myers we have seen average prices of single homes going from close to $300K to the mid $200's. The good news? interest rates seems to hold as of nov 2006 in the lower 6% and its a great time to buy because as we all know it will go back up. Some project that it will take 12 months, others say it will take over a year a half to see some healthy appreciation back. So its a good time to buy for these who are not flippers and want instant gratification. The rectification was needed as we saw over 40% appreciation in the last 2 years and the prices were just going to high. We are seeing many major national builders trying all they ...
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By LLoyd Nichols, Southwest Florida Homes By The Sea
(Premier Florida Realty)
Do you want acquire properties in the Fort Myers FL area or just want a list of available quality deals in the area and want to see what is available. 1031 tax exchange, first time buyers or relocating?Just browsing and want access to the local MLS? Let's talk.Realtors, Brokers and lenders welcome.Selling your home? Let's talk.LLoyd Nichols239-810-2980RENS
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By Ray Higdon
(Forever Wealth Club)
I am a corporate officer of the Southwest Florida Real Estate Investors' Association. You can see our website at www.swflreia.com. We bring in speakers and resources to help people get better educated on real estate investing. We have well over 300 members and we meet multiple times a month in Lee and Collier County. We do fall under the national REIA and have several benefits but one that we have successfully negotiated is pretty darn cool. We have negotiated successfully with First American Real Estate Solutions to offer our members access to a software called Agent First, which, has the capability to pull comparable sales, nation wide! This is not access to nation wide MLS's, it is access to closed sales that have hit the property appraiser database across the nation. Membership to t...
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Last night we had the Future Wealth club in Ft Myers and it was AWESOME! Thanks to everyone that came, 78 people is our largest turnout yet and I think EVERYONE learned a lot and really enjoyed it. The two biggest tips I got from Marc's presentation were if you are doing lease options, you want to be prepared for litigation if it happens, here are two tips I thought were awesome. 1) When you write your lease option and you are the seller, you want to put a clause in there that any dispute has to go through mediation first. Marc, being a lawyer, told us that lawyers will rack up their bill on both sides of the clients only to have it go to mediation anyway. Going to mediation from the beginning will save you thousands of dollars in lawyer fees.2) Some investors save peolpe from foreclosu...
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How to prosper and protect yourself with Lease Optioning Marc Shapiro is a local lawyer that is going to be speaking on Lease Optioning, how to protect yourself, what to watch out for, and how to structure your contracts for selling and buying. This is an educational session, not a sales session. Mr. Shapiro has been an investor and a real estate lawyer since 1992. He has personally purchased more than 90 houses through pre-foreclosures and at the courthouse steps. He is an ACTIVE litigator and has seen every aspect of real estate investor deals, what can go wrong and how to protect yourself. This is a GREAT change to see March speak and hear from one of the real local pros.REIA members are free to attend, non-members are $20 at the door Where & When 12635 S Cleveland AveFort Myers, Flo...
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By Ray Higdon
(Forever Wealth Club)
I don't know about you guys but I do a lot of direct mailing. I used to buy lists from address companies but you know where you can get local data very inexpensively? Try your county's property appraiser! Here in Lee county, they will put data on a disk or email you almost whatever address data you can imagine for very cheap. $35 per hour to put the data together with a min charge of one hour, $25 first process fee and .01 per parcel address for maximum charge of $300. That is pretty cheap compared to address companies that can charge anywhere from 8-10 cents per address depending on your criteria. I still feel I get the best deals from my direct mailing efforts. Check out your local property appraiser and you may be suprised at how cheap you can get your data!Ray Higdon
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