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All Forum Posts by: Jeff Tumbarello

Jeff Tumbarello has started 200 posts and replied 1013 times.

Post: How I got started in real estate investing and built a portfolio over the years.

Jeff Tumbarello
Posted
  • Real Estate Broker
  • Fort Myers, FL
  • Posts 1,277
  • Votes 317

Post: How I got started in real estate investing and built a portfolio over the years.

Jeff Tumbarello
Posted
  • Real Estate Broker
  • Fort Myers, FL
  • Posts 1,277
  • Votes 317

We did a Video yesterday 

Post: How I got started in real estate investing and built a portfolio over the years.

Jeff Tumbarello
Posted
  • Real Estate Broker
  • Fort Myers, FL
  • Posts 1,277
  • Votes 317

~New Location~

When: April 3rd, 2024

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: How I got started in real estate investing and built a portfolio over the years.

Speaker: James Fink, Real Estate Investor, Realtor

James Fink Realtor

My Family moved to Cape Coral Florida in 1982 and I’ve had a passion for real estate all my life. I grew up in a real estate family. My father was an investor and property manager, while my mother was a broker with a large team of realtors she trained and managed for decades. I learned a lot about buying, selling and managing homes from my parents.

I started my real estate career in the Florida Keys over 25 years ago. My strategy was to buy duplexes and live on one side while renting the other side. I upgraded over the years while retaining the properties and renting them out. I’ve been buying, selling and managing properties all over Florida most of my life.

My wife Kim Piper and I are partners in real estate, living and working in Cape Coral. We are full-time realtors at ReMax Trend and property managers at Florida Gulf Coast Property Management. Most of the rental properties I manage are those I have helped my investors find and purchase.

Location: Three Fishermen Seafood Restaurant

Address: 13021 N Cleveland Ave, North Fort Myers, FL 33903

Click here for membership information

Free for SWFL REIA members

Non-Members are $25.00

Please email [email protected] to RSVP

Post: Are REIAs a scam?

Jeff Tumbarello
Posted
  • Real Estate Broker
  • Fort Myers, FL
  • Posts 1,277
  • Votes 317

Depends on the focus of the reia. Some are real. Some are a platform for information product sales.

Post: Best SMS platforms-Launch Control, Lead Sherpa, Roor??

Jeff Tumbarello
Posted
  • Real Estate Broker
  • Fort Myers, FL
  • Posts 1,277
  • Votes 317
Quote from @Curt Smith:

I've been using an SMS platform for 4 yrs now (+/- a few mo), got a sub to deal early on nothing since.  I've done post cards etc.  I'll give some unfortunate facts!!

- "Its the list stupid" ..   SMS is just a cheaper way to waste money on bad lists that dont target true motiviation of "have to sell" vs "like to sell".   The past years as the ave selling price grinds higher and higher has been one of sellers are spoiled silly and aren't open to negotiation.  They don;;t have to they learned.

- So few pre foreclosures / BK's.   The tried and true source of "have to sell".   AND its some what difficult to buy a list of preforeclosures and get any  campaign to them since they are on a 4 week cycle till the auction.  >95% want to keep the house and will say no they won't sell.  You'd have to work pre foreclosures for a year or more to truely understand the craziness of those owners (who are about to loose at auction).  Sad and frustrating trying to buy from them.  Plus many logisticaly closing problems with buying and closing a day before the auction re getting a decent title search, the pay off to the bank to stop the auction.  Watchout folks if you don't have an experienced partner in pre foreclosure.  FWIW:  door knocking and talking at the front door is best for pre foreclosure.   Each state has vendors of these lists.  In GA its equitydepot.net .  

- SMS to low equity?   No assurance they want to sell.\

- I've marketed to FSBO and MLS expired listings. You'd think they'd be motivated. At least in GA/Atlanta great area y9ou'd be wrong!! Maybe in small town USA with few buyers FSBO would be open to negotiation. In major good jobs cities, sellers are willing to wait and re-list. ;(

The short of any marketing tactic:  "its the list stupid".   Know what you are spending $$ on the list.  BUying lists is notorious for having dirty-data.  IE bad data that is not what you paid for.

SMS only solves the total cost issue.  SMS does NOT solve the motivation of the seller challenge.   IMHO you need to learn how to buy good data and what data in your area is working.  Join local REIAs where old timers hang and locals are the experts.   

Good luck, curt


 There are two types of basic leads:

Interest and Intent.

SMS can generate a ton of interested leads. Then you have to work them till they have intent. in 2 different entities from 2020 to 2022, we flipped about 350 lots. SMS was the primary lead gen. It can work but it is very labor intensive. It also causes a lot of friction. 

Post: Best SMS platforms-Launch Control, Lead Sherpa, Roor??

Jeff Tumbarello
Posted
  • Real Estate Broker
  • Fort Myers, FL
  • Posts 1,277
  • Votes 317
Quote from @Paul DoCampo:

Are people still trying cold SMS for lead gen? Isn't risky now?


 TCPA Class Actions are a real thing. I settled on one. It is going to get worse, plus the carriers are aggressively fighting it. 

Post: Attention Valdosta Area Wholesalers

Jeff Tumbarello
Posted
  • Real Estate Broker
  • Fort Myers, FL
  • Posts 1,277
  • Votes 317

Looking for Mobile home lots with at least city water and improved properties for rentals.

Fixxer uppers are fine

Post: Getting started: 4-plex (2 duplexes) in Valdosta, Georgia

Jeff Tumbarello
Posted
  • Real Estate Broker
  • Fort Myers, FL
  • Posts 1,277
  • Votes 317

How did this end up?

Post: Valdosta market? Anyone in the area?

Jeff Tumbarello
Posted
  • Real Estate Broker
  • Fort Myers, FL
  • Posts 1,277
  • Votes 317

We are flipping and holding there. We are based out of SWFL

Post: Build to Rent or Die: Surviving and Thriving in the Competitive Real Estate Landscape

Jeff Tumbarello
Posted
  • Real Estate Broker
  • Fort Myers, FL
  • Posts 1,277
  • Votes 317

We made a short video about this meeting topic 

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