All Forum Posts by: Jeff Tumbarello

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June 2024 Lee County Florida Foreclosure Report

The June 2024 Lee County Foreclosure Report was complied by Jeff Tumbarello, Director SWFL REIA , Broker/Owner Steelbridge Realty LLC Principal , Venture Investment Partners

• This is my work, done for me and shared with you
• The data in the report came from multiple sources.
  • Those sources are:
    The Lee County Clerk of Court, and MLS data (from my membership as the Broker of Steelbridge Realty LLC)

We haven’t published this report in a while as the market trajectory previously rendered this dataset less crucial for forward-looking decisions. However, the current shifts in the market conditions have made this report relevant again. We update this data monthly. To stay informed and receive updates directly in your inbox, subscribe to our email list today.

Click here for the Full Report

You are trying to invest in real estate, while they are merely traders looking to sell. Many wholesalers don't own any assets themselves, so how can you expect them to truly understand the market? I commend their effort for getting up and taking action, but many don't do the necessary homework and instead rely on YouTube gurus.

Occasionally, you can find great deals from a wholesaler, but be prepared to spend a lot of time sifting through subpar offers to uncover the gems.

SWFL REIA General Meeting

When: July 17th, 2024

Topic: Unlocking the Secrets of the Probate Real Estate Niche

Al’s presentation will be a wide overview of Probate and how it works in Florida. He’ll also cover where to find probate deals, how to analyze and identify issues as well as sharing case studies and stories.

Speaker: Al Nicoletti, ESQ.

Al Nicoletti is a Florida Probate Attorney. He has carved out a unique niche in solving simple and complex probate matters that once stalled real estate deals. He developed a strategy to structure probates so they are fast, efficient, and done right.

Al’s law practice is strongly focused on Probate, Quiet Title, Partition, Trust Administration, and Real Estate Litigation. He has a no-nonsense approach and is dedicated to positive quality results. The Law Offices of Al Nicoletti work with real estate investors, real estate agents/brokers, and other real estate professionals.

Al’s success has been driven by the desire to serve each client with the attention they deserve, going above and beyond to find the most creative solutions, even if it takes an extra trip to the courthouse to see a Judge.

In addition to managing his law practice, Al has a live weekly podcast show, is an educational speaker, influencer, and social media content creator. Al enjoys traveling the State of Florida speaking at real estate investor association meetings, boot camps, and masterminds to educate audiences on unique real estate niches.

Located at the Suite 48 Event Center in Royal Palm Square: 1400 Colonial Blvd #48, Fort Myers, FL 33907

Click here for a map

Click here for a membership information

Free for SWFL REIA members

Non Members are $25.00

Please email [email protected] to RSVP

Schedule of events for the SWFL REIA General Meeting.

We have a meal and a cash bar. Catering by Fowler Street Grill Catering

https://www.fowlerstreetgrill.com/Our-Catering or call Phone: 239-910-0596

5:30 Doors Open/Networking

6:30 Program Begins with a Mastermind Session about the current market and deal engineering.

6:45 Featured Speaker begins.

SWFL REIA Members are free, all others pay $25.00 at the door!

Become a member today! Click here for more information.

 If you price it at the market, it rents. Many of these BTR groups are pitching higher rents to get the deals to cash flow on paper.

When: July 3rd, 2024

The doors will open at 11:00 AM, allowing you to enjoy your meal and engage in valuable conversations. Use this opportunity to build connections, exchange ideas, and establish professional relationships. The formal meeting starts at noon.

Topic: Current Trends and Dynamics in the Land Market

Speaker: Jeff Tumbarello, Broker, Steelbridge Realty LLC, Director, SWFL REIA, Principal, Venture Investment Partners

Jeff Tumbarello is a Real Estate Investor, Real Estate Broker and expert in the Florida real estate market. With over 23 years of experience in real estate investing, Jeff has built a reputation as a trusted and reliable partner for investors looking to navigate the complex Florida real estate market.

Jeff’s extensive experience includes buying, selling, and managing residential and commercial properties throughout Florida. He has a deep understanding of the local market trends and conditions, allowing him to identify investment opportunities that align with his clients’ goals.

In addition to his work as a real estate investor, Jeff is also an advocate for the real estate industry. He is a founder and a Director of the SWFL REIA. The core purpose of The SWFL REIA is to help its members become more profitable and successful through networking, education, and empowerment.

Jeff is also a frequent speaker and commentator on the Florida real estate market, sharing his insights and expertise with investors and industry professionals alike.

With his passion for real estate and commitment to his clients, Jeff Tumbarello has become a leading figure in the Florida real estate market. His deep knowledge of the market and dedication to helping investors achieve their goals has made him a sought-after partner for investors looking to make sound real estate investments in Florida.

In 2003, Jeff founded the South West Florida Real Estate Investment Association with three other SWFL RE investors. He has been a part of every type of real estate transaction. Jeff is considered a local expert and source of data for current real estate trends. He has also performed market metrics and product modeling for capital markets and private equity firms.

Location: Three Fishermen Seafood Restaurant

Address: 13021 N Cleveland Ave, North Fort Myers, FL 33903

Click here for membership information

Free for SWFL REIA members

Non-Members are $25.00

Please email [email protected] to RSVP

Click here for membership information

 It is not that high. I have pretty detailed datasets, I rarely can replicate the medias "data"

 Located in SWFL and own properties in Valdosta. Feel free to reach out.

For those of you doing DD on builders. Do a lien search in public records. www.leeclerk.org

 There are a few builders having issues. Some will make it, some will not. For some of the builders, this is not the first time they have done this, lol.

Make sure you do plenty of Due Dilly on the next, so you are not jumping from the "frying pan to the fire" so to speak.

How far along is the build?