Investing in Naples and Bonita Springs Real Estate

With the current real estate market, is it wise to start investing in rentals, single-family homes and condominiums around Naples and Bonita Springs, Florida?

We hear this question at least once or twice a week; investors are constantly keeping up with the market trends and reports, wondering if today is the day to buy a rental property. We have specific agents that deal with investors and can help determine the best properties for cash flow income or fast appreciation.

It comes down to what you’re looking for; do you need monthly cash flow or are you looking for a rehab property to flip and sell?

Monthly cash flow income can be very lucrative when the right property is purchased. With so many condominiums, complexes, country clubs and even single-family homes in Naples Park and other neighborhoods throughout Lee and Collier County, finding a home for cash flow income is extremely doable.

Currently interest rates are also going up

Residents may feel hesitant to purchase a home. Renting is ideal for people looking for a low maintenance lifestyle or for people who don’t want the responsibility of buying and selling once its time to move. Renting works well for short time residences and investors can gain quite a bit of equity even if they plan on renting out a home for several years and then turning around and selling the property.

The numbers have to make sense

When it comes to investing, this is THE top priority. If the numbers don’t add up and they’re not in your favor, it may not be the right property for you. Our investment specialists run the numbers with you, find out the cap rate and fair market rent in a specific area and help you make an informed decision so you don’t have to do it alone.

Condominiums are ideal for vacation and short-term rentals but many complexes only allow up to two or three leases per year at 30 to 60 days at a time. Knowing all the details and the association’s CC&Rs before locking in a property can help you make the right decision.

Call our office today and asked to speak to an investment specialist. We can help run the numbers for you, help locate properties that might meet your investment criteria and provide information on local market reports and rates of return.