Fort Myers, Florida investors

Fort Myers, Florida investors

Bruce S. RaphelPro Member
West Bridgewater · Member since 2017 · 20 posts · 7 votes

New to investing in Fort Myers, Florida area? I'm looking to connect with investors in this market to share ideas. 

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Real Estate Broker · Naples, FL · Member since 2013 · 9k+ posts · 6k+ votes
4y

I agree 100% @Peter Davis the entire SW Florida area looks excellent and has a bright future. I primarily invest in Cape Coral due to prices generally being cheaper than Naples. However, anywhere you choose at this point the future looks good for our area. 

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  • Stetson MillerBusiness Member
    Real Estate Broker · Fort Myers, FL · Member since 2019 · 576 posts · 423 votes
    5y

    Hi @Bruce S. Raphel, happy to connect!

  • Member since 2020 · 14 posts · 8 votes
    5y

    Hi Bruce, I am new to investing in Ft. Myers as well. I just purchased my first rental in the area. Would love to connect!

  • Investor · Fort Myers, FL · Member since 2018 · 7 posts · 3 votes
    5y

    Hi Bruce happy to help in any way I have been working in the real estate investment market the past several years in Fort Myers and throughout Southwest Florida.  Please feel free to message me to see how we can work togther on future deals

  • Investor · Davie, FL · Member since 2019 · 92 posts · 53 votes
    5y

    @Bruce S. Raphel Would love to chat about SW Florida market. I am living on the SE side which is ultra-competitive currently. We just picked up a 8 unit in Fort Myers at the beginning of the year with value add opportunities. Love talking shop anytime! 

  • Real Estate Broker · Naples, FL · Member since 2013 · 9k+ posts · 6k+ votes
    5y

    This is a great place to live and invest. I own SRF mostly in Cape Coral. 

  • Jack SmithPro Member
    Rental Property Investor · Massillon, OH · Member since 2017 · 215 posts · 168 votes
    4y

    Hello = jumping in on this thread; I'm a longtime rehabber and housing provider in NE Ohio. We're looking to start investing in Florida with a motivation of snow-birding at some point. Already connected with the SWFL REIA, any input on the better local REIAs? The area still seems fairly affordable at this time considering the national trends.

    I'd like to connect to fellow investors, especially those looking to sell any SFR & small multi units.

    Thanks!   

  • Stetson MillerBusiness Member
    Real Estate Broker · Fort Myers, FL · Member since 2019 · 576 posts · 423 votes
    4y

    @Jack Smith Check out the Facebook page 'Southwest Florida Real Estate Investor Network' for any questions and other local meetups. Happy to connect with you on here too!

  • Real Estate Broker · Cape Coral, FL · Member since 2014 · 382 posts · 300 votes
    4y

    I'm very bullish on the future value appreciation and growth potential of SW Florida, Fort Myers and Cape Coral in particular. It's hard to find comparable cities with the amenities they have that are as affordable, particularly for waterfront properties. And the positive reports, ratings and accolades keep rolling in, i.e.: best places to retire, best places for families, etc. 

  • Real Estate Broker · Naples, FL · Member since 2013 · 9k+ posts · 6k+ votes
    4y

    I agree 100% @Peter Davis the entire SW Florida area looks excellent and has a bright future. I primarily invest in Cape Coral due to prices generally being cheaper than Naples. However, anywhere you choose at this point the future looks good for our area. 

  • The Colony, TX · Member since 2018 · 9 posts · 3 votes
    4y

    Hey all, I also have a rental in Fort Myers that I bought in 2019. Hit me up to connect and share resources! My non-paying tenant finally got evicted by the sheriff yesterday and I am looking at advice to rehab and keep or rehab and sell. Preliminary rehab estimate by PM is 35k.
    Will be glad if you have contractors you like and recommend.

  • Stetson MillerBusiness Member
    Real Estate Broker · Fort Myers, FL · Member since 2019 · 576 posts · 423 votes
    4y

    @Le Yi I would recommend Ian Voakes with Voakes Construction. He's a local builder and investor who does many investment property rehabs

  • Little Neck, NY · Member since 2014 · 27 posts · 7 votes
    4y

    @Le Yi Hey Le Yi, this might be off-topic but since you're in TX, how did you find your property manager for your rental in Fort Myers?

  • The Colony, TX · Member since 2018 · 9 posts · 3 votes
    4y

    @Andrew C. I think I was looking through people's comments about PMs in SW FL. And then I didn't call for a long time while we tried to manage out of state for the first year. When the pandemic hit and the tenants stopped paying, and we worried day and night about payments, whether to evict, laws, paperwork, I decided to call someone. I think I found a few names on BP and called. PM me if you want to chat more!

  • The Colony, TX · Member since 2018 · 9 posts · 3 votes
    4y

    @Stetson Miller THANK YOU SO MUCH! Going to call him tomorrow!

  • Real Estate Broker · Cape Coral, FL · Member since 2014 · 382 posts · 300 votes
    4y

    @Le Yi

    Wow! $35K to rehab a 2019 built home. Your ex-tenants sound like real gems. I used to work as a project and asset manager for the Los Angeles Housing Authority, which owns all the public housing in the city- some tough neighborhoods. I've seen burnt out units that didn't cost $35K to rehab. Did your PM find your tenants and do the vetting? If so, I'd consider finding a new PM too.  

    Good luck!

  • The Colony, TX · Member since 2018 · 9 posts · 3 votes
    4y

    @Peter Davis The house was built in 2001. My current PM didn't find them, my ex-ex-tenant did (sub-rented to them without my permission). My husband then empathized with them and decided to sign them on. Pandemic then hit, moratorium, and here we are. 

  • Member since 2023 · 1 post · 0 votes
    3y

    This may be an old post but I'm looking to start investing in Fort Myers area in the next year!

  • Mark KovacsPro Member
    Rental Property Investor · Chicago · Member since 2017 · 29 posts · 9 votes
    2y

    I’m looking for investor friendly contractors and GC’s in Fort Myers. I have property near downtown. 

  • Stetson MillerBusiness Member
    Real Estate Broker · Fort Myers, FL · Member since 2019 · 576 posts · 423 votes
    2y

    Hi @Mark Kovacs,

    I would recommend Ian Voakes with Voakes Construction. Hope this helps!

  • Jeff TumbarelloPro Member
    Real Estate Broker · Fort Myers, FL · Member since 2008 · 1k+ posts · 323 votes
    2y

    Check out the SWFL REIA www.swflreia.com

  • Adam BartomeoBusiness Member
    Real Estate Broker · Cape Coral, FL · Member since 2015 · 2k+ posts · 1k+ votes
    2y

    Any of you are welcome to reach out to me or my team. I am a local investor and broker.

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