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Updated almost 4 years ago on . Most recent reply

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Alfred Costanzo
  • Financial Advisor
  • Miami, FL
0
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13
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Looking to start investing in fort Myers Cape Coral area

Alfred Costanzo
  • Financial Advisor
  • Miami, FL
Posted

Hi Everyone!

I am currently in the Miami area. I have been looking at areas to invest within a couple hours drive and the Cape Coral Fort Myers has peaked my interest. It seems number wise, this area does cash flow better than Miami. ultimately that is the goal for now, to cash flow to cover living expenses. I do plan on buying houses in Miami (house hacking) but I wanted to get involved in another market as well that can cash flow a little better than Miami’s market.

My question is there anything I should be staying away from in the fort Myers and Cape Coral area? Also looking for a real estate agent there so any suggestions on a great one that would be fantastic!

My next step is forming a team over there in Cape Coral/Fort Myers and plan on buying a rental this year. Exciting stuff but looking forward to hearing some opinions of people who invest there already.

Thanks!

Most Popular Reply

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9,365
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John Thedford#5 Wholesaling Contributor
  • Real Estate Broker
  • Naples, FL
6,552
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9,365
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John Thedford#5 Wholesaling Contributor
  • Real Estate Broker
  • Naples, FL
Replied

I have a seller offering me a lot at 8K as I type. It is in an area where city water and sewer are coming soon. I will probably pass on the deal.

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