June 2024 Lee County Florida Foreclosure ReportThe June 2024 Lee County Foreclosure Report was complied by Jeff Tumbarello, Director SWFL REIA , Broker/Owner Steelbridge Realty LLC Principal , Venture Investment PartnersThis is my work, done for me and shared with youThe 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.

Study the market.

Hello, looking to connect and build a relationship with a GC in the Indy market to help with our rehabs

They have allowed it since May of 2021 and its a booming part of the rental market.  

When the market is more balanced, then it may make sense to buy a primary and convert it to a rental when you move.There are exceptions, but you will need to learn how to really analyze a property to know when the numbers make sense.

If the property appraises at $500K, 25% higher than purchase price, either because you bought it for less or due to market appreciation, then you essentially get all your $100K back.  

BiggerPockets can be a great resource, and I know there's tons of information available on the Fort Myers market specifically.

If you do a case study also consider what market appreciation and mortgage paydown would occur in both scenarios.

@Jake Berlinoff market

How much it rents for is not determined by what you'd need to make it a good investment, it is determined by the market.