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Updated over 10 years ago on . Most recent reply

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John Thedford#5 Wholesaling Contributor
  • Real Estate Broker
  • Naples, FL
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Newly Licensed Agent In Naples, Florida

John Thedford#5 Wholesaling Contributor
  • Real Estate Broker
  • Naples, FL
Posted

Hello all:
I am sure some of you recognize my name as being on the forums. I made the leap and am now a licensed agent. I also do some investing mainly in Lee county (mainly Cape Coral). Our market is rockin hot here! I hope to network with other agents, investors, and individuals seeking property in SW Florida. It is a GREAT place to live, we have awesome winters where you can wear shorts and flip flops, and no state income tax. What's not to like about the area:)

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Peter Davis
  • Real Estate Broker
  • Cape Coral, FL
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Peter Davis
  • Real Estate Broker
  • Cape Coral, FL
Replied

Congratulations John! 

I had a California RE license for many years but now live in Cape Coral and am a Florida Realtor.  I like houses and I like people so it's a good fit.  I wish you luck!

To Michael's question: 

I agree the Cape Coral market is really heating up. Margins on straight flips are lean. I think a buy and rent strategy is a good way to go right now. The supply of SFR rentals (both annual and seasonal) is low and demand is high, especially now as we're coming into season. This imbalance is pushing asking rents so the right investment should cash flow and hopefully appreciate in the coming years. We've had double digit value increases the last couple years and the trend looks like it will continue, albeit at a slower clip.

Let me know if I can help!

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