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.

If you have the money, and are asking the question, I would say you are ready.The only other question might be - are you timing the market right?  

Pre-understanding of the area/market, willingness to fix and live in an outdated and damaged home.

Goto some networking events in your market and see about teaming up with local investors on your first one.

That's tough in today's market but not impossible.2.

4 units are great because they give you the option to rent some units out while you're working on fixing the other ones up and there is a lot of rental demand in Cleveland and surrounding neighborhoods right now, so it's a great time to get in the market!  

The stock market has been on a tear this year… so if you could make 25% on your money in the stock market (as has been the case year to date), you are better off leaving your mortgages in place and investing the money in ETF’s, etc.  

Spring's growing market further enhanced its appeal.

@Karl KauperManayunk, East Falls, Roxborough, Fishtown, Northern Liberties, and University City are safe neighborhoods with diverse populations and strong rental markets.

Market OverviewThe Los Angeles self-storage market showed signs of stabilization in Q1 2024 after experiencing some softening in 2023.