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Updated over 4 years ago on . Most recent reply

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Kevin Hamm
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Investing in the Cape Coral, Fl market

Kevin Hamm
Posted

I am a newbie investor living in Cape Coral and can't seam to find what is a good ROI for cape coral. I have been looking at sales for the last 6 months and it seams not much of a discount and going for full list price. Can some one shed some light on this area..

Thanks

Kevin

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Anna Swartz-Lopez
  • California
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Anna Swartz-Lopez
  • California
Replied

Hi Kevin, I live on the other side of the country in the San Francisco Bay Area, so I can't speak to your specific market but I can say that in high cost areas the key is to find off market deals. An associate of mine right now is focusing on networking with probate attorneys in order to get access to homes whose owners have recently died. I suggest developing a strategy for focusing on a specific sort of property, like my friend is doing. And remember, networking is key. Try a BNI or Rotary group. 

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