Lots of investors are looking to get started, and as active real estate experts in Fort Myers FLORIDA, we get asked to share our secrets quite a bit.
Fortunately, we love to share 🙂
One of the biggest questions we get from local investors is ” How to find a good investment property in Fort Myers FLORIDA?”
With the flood of foreclosure deals all but dried up (compared to where they were a few years back)… people are having to get more creative in finding the best deals on great local Fort Myers investment properties.
there’s no single best way to find good investment properties in Fort Myers. We utilize a multi-pronged approach to source potential investments, casting a wider net to find the most promising opportunities. This means going beyond the standard online listings and tapping into both digital and physical resources. We leverage online tools and platforms to find properties, but we also recognize the value of offline methods. This could involve networking with local investors and real estate agents, attending industry events, or even driving through neighborhoods that fit our investment criteria. By diversifying our sourcing methods, we increase the chances of uncovering hidden gems that might not be heavily advertised online. Ultimately, the best approach is to be adaptable and explore all avenues to find the investment properties that align perfectly with your goals in Fort Myers.
But the info below walks you through some ways you can put into action to find great properties to add to your investment portfolio.
Most investors are afraid of competition – they think that if they share their secrets, someone will steal their ideas from them.
That’s not how we work. We work with other investors to accomplish things together that we can’t do alone.
We share our learning and our philosophies here because we want to improve the quality of investment in Fort Myers to build stronger communities. Ultimately, we’re all investing in the same places, so it makes sense to do it right.
How to Find Good Investment Property in Fort Myers
There are a few core principles that are important to understanding if you want to get the best investment property deals.
First, think long term.
Real estate operates on a fundamentally different timeline compared to the stock market. Unlike stocks that can fluctuate wildly in a single day, real estate represents places where people put down roots, raise families, and build their lives. It’s about tangible buildings and land, not just abstract numbers on a screen. This inherent stability translates to a slower pace. While the stock market offers the potential for quick wins (and equally fast losses), real estate success is a marathon, not a sprint. Building wealth through property takes time, patience, and a long-term perspective. Sure, there might be the occasional lucky break that flips a property for a hefty profit overnight. But those instances are rare exceptions. The real strength of real estate lies in its ability to generate steady, reliable returns over a sustained period.
So don’t expect to get away with fancy tricks, or that you’re smarter than the people who have been doing this stuff for years. Thinking long-term means learning from the past to better anticipate the future.
It also means that if you don’t find the local investment properties you’re looking for right away… just know that this isn’t a sprint… it’s a marathon.
That’s why it’s a great idea to find several sources of properties that fit your criteria (like our Fort Myers Investment Property Buyers List >> ) so you have a heavier flow of great deals to look at.
Second, focus on relationships.
The investment community in Fort Myers is much smaller than most people think.
There are only a handful of brokers and investors who conduct most of the business in the market.
They’re used to working with the same people on a regular basis. It’s worth the time and effort to find them and learn from them. If you can, work with them. They’re your best source of good deals, now and in the future.
Learning how to find a good investment property in Fort Myers isn’t just about scouring online listings. Sure, you’ll find some decent options there, but the real goldmine lies in building relationships within the local real estate community. Your first step should be attending meetings of your local Real Estate Investors Association (REIA). Here, you’ll connect with active investors who can provide valuable insights into the Fort Myers market. Talk to them, ask questions, and exchange information. Find out which real estate agents they recommend for their experience with investment properties. Inquire about active wholesalers in the area – these are individuals who find undervalued properties and then flip the contracts to investors like yourself. Don’t be shy, let everyone you meet know you’re actively looking for investment properties that fit your criteria. By putting yourself out there and building connections, you’ll gain access to a network that can uncover hidden gems – properties that haven’t hit the open market yet and could potentially offer you a significant advantage over other investors.
Who should you get to know?
- A few of the top investment friendly real estate brokers in Fort Myers
- A couple real estate appraisers who deal w/ the types of properties you deal with
- The top handful of property wholesalers in the area
- The top handful of property rehabbers/flippers in the area
- Title agents that deal with investment properties a lot
Third, identify your target investments.
Investment is like many other aspects of life – the people who are the most focused often succeed the most. You have to find your niche. Some people make millions just in parking garages or storage units.
There’s a world of opportunity out there in real estate investing, and it goes far beyond single-family homes. Different investor types gravitate towards specific property segments. Some specialize in managing residential apartments, which can offer steady rental income and potential for appreciation. Others might focus on commercial properties like retail spaces, which can be leased out to businesses and provide a different kind of return on investment.
The key to success is diving deeper than just the surface level. By researching the various market segments, you can uncover hidden gems. Don’t be swayed by the most heavily advertised properties. Instead, take the time to analyze different sectors, considering factors like potential growth, rental yields, and management requirements. Once you’ve identified your ideal property type, you can develop a strategy to track down potential sellers. This might involve networking with local brokers or even directly contacting property owners to express your interest in buying should they ever decide to sell. By being proactive and targeted in your approach, you’ll increase your chances of landing the perfect investment property.
This takes a lot of work, but it’s a tried-and-true method for creating long-term wealth.
Finally – use technology.
Sign up for our list of exclusive properties, and we’ll notify you instantly when we find a great investment.
We frequently source properties for deep discounts, secure them and then sell them for a discounted rate to the people on our list who are ready, willing and able to invest. There are other ways to get notified about properties on the open market – you should get familiar with searching the multiple listing services with the rest of the herd because every once in a blue moon a great deal shows up.
We don’t deal with average deals – we only pass along great deals to our partner investors. We’re not real estate brokers, and our business is a niche within Fort Myers.
If you’re looking to seriously invest in Fort Myers, we’d love to chat with you to learn your wants, wishes, and objectives.
So hopefully you now know how to find great investment properties in Fort Myers. If you have questions give us a call or join our buyer’s list below!