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All Forum Posts by: Jeff Tumbarello

Jeff Tumbarello has started 201 posts and replied 1017 times.

Post: Astro Flipping Wholesale Contracts

Jeff Tumbarello
Posted
  • Real Estate Broker
  • Fort Myers, FL
  • Posts 1,281
  • Votes 318

Sounds like a course on how to daisy chain. 

Post: Peer Street/PS Funding Inc. filed Bankruptcy 6/26/23

Jeff Tumbarello
Posted
  • Real Estate Broker
  • Fort Myers, FL
  • Posts 1,281
  • Votes 318
Quote from @Viktor S.:
Quote from @Zane Wright:

WOW!! They are moving fast!! Everyone better be ready, or you will lose all of your money. They filed 28 more docket entries. 

Hello, what’s the best action to take as an investor? What can we do and how?

 Consult with an attorney that understands this issue

Post: AirBnB Revenue Collapse? Near 50% in some areas......?

Jeff Tumbarello
Posted
  • Real Estate Broker
  • Fort Myers, FL
  • Posts 1,281
  • Votes 318
Quote from @Jay Hinrichs:
Quote from @John Carbone:

This guy is really getting traction with his article. 


he been predicting a real estate crash when that did not happen he is now switching to STR and picking on home depot .. mr doomsday

 I try not to get my science from people that make a living off Youtube views. I promise his tax returns do not show much real estate activity. 

Post: AirBnB Revenue Collapse? Near 50% in some areas......?

Jeff Tumbarello
Posted
  • Real Estate Broker
  • Fort Myers, FL
  • Posts 1,281
  • Votes 318

The guy who is pushing this narrative 

Post: Analysis of the Cape Coral Short-Term Rental Market.

Jeff Tumbarello
Posted
  • Real Estate Broker
  • Fort Myers, FL
  • Posts 1,281
  • Votes 318

Due to the 4th of July Holiday, we will meet on the 2nd Wednesday for lunch this month.

When: July 12th, 2023

The doors will open at 11:00 AM, allowing you to enjoy your meal and engage in valuable conversations. Use this opportunity to build connections, exchange ideas, and establish professional relationships. The formal meeting starts at noon.

Topic: Analysis of the Cape Coral Short-Term Rental Market.

Speaker: Jeff Tumbarello, Broker Steelbridge Realty, Principal Venture Investment Partners, Director, SWFL REIA

Jeff Tumbarello

Jeff Tumbarello is a Real Estate Investor, Real Estate Broker, and expert in the Florida real estate market. With over 23 years of experience in real estate investing, Jeff has built a reputation as a trusted and reliable partner for investors looking to navigate the complex Florida real estate market. Jeff’s extensive experience includes buying, selling, and managing residential and commercial properties throughout Florida. He has a deep understanding of the local market trends and conditions, allowing him to identify investment opportunities

In addition to his work as a real estate investor, Jeff is also an advocate for the real estate industry. He is a founder and a Director of the SWFL REIA. The core purpose of The SWFL REIA is to help its members become more profitable and successful through networking, education, and empowerment.

Jeff is also a frequent speaker and commentator on the Florida real estate market, sharing his insights and expertise with investors and industry professionals alike.

Location: Origami Korean-Japanese Restaurant

Address: 8911 Daniels Pkwy #5, Fort Myers, FL 33912

Click here for membership information

Free for SWFL REIA members

Non-Members are $25.00

Please email [email protected] to RSVP

Click here for membership information

Post: Potential tenant asking for cabinet upgrades, should I do it?

Jeff Tumbarello
Posted
  • Real Estate Broker
  • Fort Myers, FL
  • Posts 1,281
  • Votes 318

Do not do it. It will be more and more as the lease plays out

Post: Preventing Real Estate Syndication Failures: Lessons from the Frontlines

Jeff Tumbarello
Posted
  • Real Estate Broker
  • Fort Myers, FL
  • Posts 1,281
  • Votes 318

Some basic things to factor in:



Who is the syndicator?

You are giving up control to this person

Fixed-rate debt or at least rate caps?

Does the syndicator have skin in the game?

Who holds the funds?

Do the rents match what you can find in the area?

Does this venture appear guru inspired?

Who does the management?

Do expenses seem legit?

Do they trend the expenses to go up? 

Do they have a vacancy factor?

Post: Mid-Year Market Update

Jeff Tumbarello
Posted
  • Real Estate Broker
  • Fort Myers, FL
  • Posts 1,281
  • Votes 318

SWFL REIA General Meeting

When: June 21st, 2023 Doors open at 5:30, and the meeting starts at 6:30

Topic: Mid-Year Market Update.

Jeff Tumbarello

Speaker: Jeff Tumbarello, Broker Steelbridge Realty, Principal Venture Investment Partners, Director, SWFL REIA

Jeff Tumbarello is a Real Estate Investor, Real Estate Broker and expert in the Florida real estate market. With over 23 years of experience in real estate investing, Jeff has built a reputation as a trusted and reliable partner for investors looking to navigate the complex Florida real estate market.Jeff’s extensive experience includes buying, selling, and managing residential and commercial properties throughout Florida. He has a deep understanding of the local market trends and conditions, allowing him to identify investment opportunities

In addition to his work as a real estate investor, Jeff is also an advocate for the real estate industry. He is a founder and a Director of the SWFL REIA. The core purpose of The SWFL REIA is to help its members become more profitable and successful through networking, education, and empowerment.

Jeff is also a frequent speaker and commentator on the Florida real estate market, sharing his insights and expertise with investors and industry professionals alike.

Location: Suite Forty-Eight, 1400 Colonial Blvd #48, Fort Myers, FL 33907

Click here for a map

Click here for a membership information

Free for SWFL REIA members

Non Members are $25.00

Please email [email protected] to RSVP

Schedule of events for the SWFL REIA General Meeting.

We have a meal and a cash bar. Catering by Fowler Street Grill Catering

https://www.fowlerstreetgrill.... or call Phone: 239-910-0596

5:30 Doors Open/Networking

6:30 Program Begins with a Mastermind Session about the current market and deal engineering.

6:45 Featured Speaker begins.

SWFL REIA Members are free, all others pay $25.00 at the door!

Become a member today! Click here for more information.

Post: Tennent filed for bankruptcy after filing for eviction

Jeff Tumbarello
Posted
  • Real Estate Broker
  • Fort Myers, FL
  • Posts 1,281
  • Votes 318
Quote from @Nicolas Looman:
Quote from @Chris Seveney:

@Aruni Sumanasena

It’s gonna take some time as mentioned - have you considered cash for keys to get them out?


 I came here to say exactly this! Always try to find the way to avoid court and get creative. Find the yes even if it hurts a little. It's far better than a squatting tenant.


 Writing a check to someone who owes you money is painful lol 

Post: Tennent filed for bankruptcy after filing for eviction

Jeff Tumbarello
Posted
  • Real Estate Broker
  • Fort Myers, FL
  • Posts 1,281
  • Votes 318

Do what the attorney says, you want to try the cash for keys. That is the best way, as it is voluntary on their part.