Monday, April 22, 2019
Wednesday, April 10, 2019
Tuesday, April 9, 2019
Monday, March 11, 2019
Monday, March 4, 2019
Thursday, February 28, 2019
Tuesday, February 12, 2019
5 Red Flags to Avoid When Selecting an Investment Property
Many people choose to purchase an investment property as a way to supplement their income and grow their net worth. It can be hard to be a beginner in the world of real estate investment. One of the most important parts of owning real estate is finding the right property to own. When you’re ready to begin shopping around, there are a few red flags to avoid when selecting an investment property.
Bad Neighbors
If the house is located in an area where gangs are present, or the neighbors are loud, it can be challenging to find someone who is willing to rent the property. Bad neighbors can make the location difficult to live in and can disrupt the peace in the neighborhood. REW explains that you need to research the homes around your potential property. Some homes on the block may also not be maintained well, which can affect the value of the property that you purchase and makes it necessary to do your homework.
Pests
Pests may seem like a minor issue but can become more of an issue over time as they invade the property and are difficult to control. Avoid buying a house that has termites, bed bugs, and other pests that are hard to kill, which can turn into a headache. You’ll end up spending a significant amount of money on pest control services and can have a difficult time keeping tenants in the home.
Foundation Problems
Foundation problems are not only expensive to repair but can affect the structural integrity of the building. Eden Structural Solutions recommends to look for cracks, earthquake proofing, and sinking that may be present. Make it a point to schedule a foundation inspection to ensure that it’s in good condition and doesn’t need to be repaired. You also want to inspect the basement for moisture that may be present, mold, uneven floors, and sagging.
A Sinking Lawn
One of the most common red flags of a home that is on the real estate market is a sinking lawn, which can be expensive to repair and can require a significant amount of work. Legion explains, “most landscaping professionals should be able to tell you whether or not there’s a potential issue with the yard around the property.” There are many common reasons of a sinking lawn, which can include inadequate or non-existent runoff or low-quality building materials.
Tyrannical HOA
It’s important to look for a property that has an HOA to ensure that you can own a home in a great neighborhood that is monitored to ensure that your house doesn’t lose value due to the decisions of other homeowners. Unfortunately, Fowler & St. Clair explain that HOAs can often attract control freaks who impose specific requirements on you, which can end up costing you a lot of money. It’s important to know how to act around HOAs or how to resolve potential conflicts with HOAs. Ask around in advance to determine if the HOA is reasonable or if their requests are unfair so you can decide beforehand if you want to deal with them.
Knowing what to look out for when finding an investment property to own can allow you to avoid purchasing the wrong house. You’ll need to be aware of the surroundings and schedule an inspection to ensure that it’s easy to rent out to the right tenants.
See you at a meeting soon!
The Southwest Florida Real Estate Investment Association is the leading source of SWFL real estate investing events that provide investment education and networking in southwest Florida. We analyze the housing market and foreclosures and provide information, education and networking events in order to build a network and knowledge base for investors and potential investors. Our members include real estate agent, brokers, investors, hedge fund managers, rehabbers, wholesalers and more.
Our SWFL REIA General Meeting is held in Fort Myers where we provide education on hot topics in investing and an opportunity to enjoy the camaraderie of your fellow investors. You’ll get a chance to ask for advice from successful real estate professionals and even make a few deals on your latest projects.
To become a member, anyone can register as an individual, a couple, or a corporation. Being a member opens the doors for endless networking opportunities, advice from members with decades of experience, new ideas from entrepreneurs, camaraderie with those just beginning, and deals and contracts done in the meeting room. For those interested in Cape Coral rental property investment and/or Fort Myers rental property investment, SWFL REIA will be able to provide a network to help launch a successful investment career.
The SWFL REIA is known and respected as a source of current, actionable and useful information about the housing market in the area that we meet.
We meet twice a month.
Click here for information about the monthly luncheon.
Click here for information about our nighttime general meeting.
One of the premier sources for real estate investing networking and education is the SWFL REIA. In the real estate world, the SWFL REIA is different in that they do not do information product sales. Their meetings are focusing on the best ways of investing in real estate by collaborating with other property investors who are sharing their experiences.
We look forward to meeting you at a meeting soon!
Click here for membership information
Get our meeting notices and market data emailed to you.
The post 5 Red Flags to Avoid When Selecting an Investment Property appeared first on SWFL Real Estate Investing.
source https://swflreia.com/2019/02/12/5-red-flags-to-avoid-when-selecting-an-investment-property/
Monday, February 11, 2019
January 2019 Lee County Florida foreclosure report
Where does the January 2019 Lee County Florida foreclosure report come from?
We download from public records and trend with Microsoft Excel. We have been doing this since 2007. This report has value because it is a leading indicator of bank-owned homes coming to market.
Compiled and analyzed by Jeff Tumbarello.
January 2019 Lee County Florida foreclosure report: Trends at a glance.
Lis Pendens:
- January 2019: 88 Mortgage related Lis Pendens.
- December: 2018: 98 Mortgage related Lis Pendens.
- January 2018: 51 Mortgage related Lis Pendens.
Certificates of Title:
-
- January 2019: 76 Certificates of Title were conveyed.
- December 2018: 33 Certificates of Title were conveyed.
- January 2018: 87 Certificates of Title were conveyed.
January 2019 Lee County Florida foreclosure report: Lis Pendens filings since 2015.
January 2019 Lee County Florida foreclosure report: Lis Pendens filings since 2013.
January 2019 Lee County Florida foreclosure report: Lis Pendens filings since 2007.
January 2019 Lee County Florida foreclosure report: Foreclosure filings by year originated for January 2017.
January 2019 Lee County Florida foreclosure report: Deeds transferred via a Certificate of Title since 2015.
January 2019 Lee County Florida foreclosure report: Deeds transferred by Certificate of Title Since 2007.
January 2019 Lee County Florida foreclosure report: Notes.
- The lack of Certificate of Title Growth in relation to the Lis Pendens filings shows that the market has improved to the point if you go into default. You can trade out.
- the disruption from Hurricane Irma passed.
- The current trend of the distressed market NOT being the primary (last cycle) driver will continue.
- The current filings appear to be the following factors.
- Old Modifications that are now going bad. (2005-2007)
- New Low money down builder transactions. (2016-2018)
- “Normal” Distressed Situations.
- Probates where a mortgage was involved. (2005-2007)
- Storm Damaged houses.
See you at a meeting soon!
The Southwest Florida Real Estate Investment Association is the leading source of SWFL real estate investing events that provide investment education and networking in southwest Florida. We analyze the housing market and foreclosures and provide information, education and networking events in order to build a network and knowledge base for investors and potential investors. Our members include real estate agent, brokers, investors, hedge fund managers, rehabbers, wholesalers and more.
Our SWFL REIA General Meeting is held in Fort Myers where we provide education on hot topics in investing and an opportunity to enjoy the camaraderie of your fellow investors. You’ll get a chance to ask for advice from successful real estate professionals and even make a few deals on your latest projects.
To become a member, anyone can register as an individual, a couple, or a corporation. Being a member opens the doors for endless networking opportunities, advice from members with decades of experience, new ideas from entrepreneurs, camaraderie with those just beginning, and deals and contracts done in the meeting room. For those interested in Cape Coral rental property investment and/or Fort Myers rental property investment, SWFL REIA will be able to provide a network to help launch a successful investment career.
The SWFL REIA is known and respected as a source of current, actionable and useful information about the housing market in the area that we meet.
We meet twice a month.
Click here for information about the monthly luncheon.
Click here for information about our nighttime general meeting.
One of the premier sources for real estate investing networking and education is the SWFL REIA. In the real estate world, the SWFL REIA is different in that they do not do information product sales. Their meetings are focusing on the best ways of investing in real estate by collaborating with other property investors who are sharing their experiences.
We look forward to meeting you at a meeting soon!
Click here for membership information
Get our meeting notices and market data emailed to you.
The post January 2019 Lee County Florida foreclosure report appeared first on SWFL Real Estate Investing.
source https://swflreia.com/2019/02/11/january-2019-lee-county-florida-foreclosure-report/
Monday, January 28, 2019
2019 market outlook for Lee County
The 2019 market outlook for Lee County was presented by Jeff Tumbarello, Broker of Steelbridge Realty at the South West Florida Real Estate Investment Association general meeting in January 2019.
About the presentation:
- Data from MLS (exported 1/14/2019 9:26 AM) and public records.
- Trended with Microsoft Excel.
- Unless otherwise stated, charts contain all Residential assets.
- The information was prepared for the use of Steelbridge Realty and shared at the meeting.
Click here for the slides presented at the meeting 2019 Market Outlook for Lee County
2019 Market Outlook for Lee County: What happened in 2018?
December 2018 statistically was a very bad month, 2018 statistically was a great year in spite of that.
Let’s talk about the December 2018.
- In my opinion, the stock market correcting was a few things:
- Wall Street traders are/were reallocating for a cyclical bear market.
- They did this because of Fed Bank rate hikes.
- When the prime lending rate breaks 5.5%, we generally have a recession in 9 to 18 months.
- Our leverage structure as a result of the aftermath of 2008 is different than in previous cycles.
- High-Frequency trading went wild as a result.
- The Plunge Protection Team Gone got involved.
2019 Market Outlook for Lee County: Year over year metrics 2017 versus 2018
2017 |
2018 |
% Difference |
|
Sales Volume |
$5,584,071,334 | $6,164,000,697 | 10.39% |
Sales Counts | 19,453 | 20,649 |
6.15% |
Average Price |
$287,055 | $298,513 |
3.99% |
Median Price | $219,998 | $227,900 |
3.59% |
2019 Market Outlook for Lee County: Year over year metrics
December 2017 versus December 2018
2017 | 2018 |
% Difference |
|
Volume |
$449,669,822 | $415,682,106 | -7.56% |
Counts | 1,650 | 1,336 |
-19.03% |
Average |
$272,527 | $311,139 | 14.17% |
Median | $218,000 | $230,000 |
5.50% |
The drop in sales volume and sales counts is troubling. From media reports (we need to be skeptical of anything reported that has not been verified) this was a National “thing”.
2019 Market Outlook for Lee County: Sales by Year Built
There is a seesaw going on in the market between resales and new construction. Right now new construction is offering a quality product at a slightly higher price. From our experience, the consumer is recognizing the value and will to pay that premium.
This Chart shows December 2018 versus December 2018.
Notice how the reduction in sales counts was across the board of all the years built, this indicates a market issue not an asset class issue.
2019 Market Outlook for Lee County: Sales Count Patterns
Almost every December shows a higher sales count in December versus November. That did not happen in December of 2018.
2019 Market Outlook for Lee County: Bubbles of sales activity by price
The bubbles of sales activity by price showed the market is essentially the same year over year with the difference in price. This is essentially inflation. Below, is the chart for December 2017 versus December 2018.
The difference in the bubbles of activity by price in December 2017 versus December 2018 is apparent. It is also across the board.
2019 Market Outlook for Lee County: Metrics by the City
This is the entire year versus the entire year.
By City | % Difference
Year Over Year |
% Difference Year Over Year |
|
Sales Volume |
Counts |
Average Price |
|
St. James City |
19.76% | 19.35% |
0.34% |
Sanibel |
23.66% | 15.09% | 7.44% |
Punta Gorda | 18.51% | 14.29% |
3.70% |
North Fort Myers |
10.61% | 9.74% | 0.79% |
Miromar Lakes | 20.27% | 22.54% |
-1.85% |
Lehigh Acres |
9.81% | 0.47% | 9.29% |
Fort Myers Beach | 3.98% | 7.53% |
-3.30% |
Fort Myers |
11.33% | 7.05% | 3.99% |
Estero | 14.89% | 12.25% |
2.35% |
Captiva |
8.01% | -14.10% | 25.75% |
Cape Coral |
7.28% | 3.71% |
3.44% |
Bonita Springs |
4.40% | 5.52% | -1.06% |
Bokeelia | 1.84% | -0.89% |
2.76% |
Alva |
37.11% | 28.03% |
7.09% |
Here is December 2017 versus December 2018.
December vs December | % Difference
Year Over Year |
% Difference Year Over Year |
|
Volume | Counts |
Average Price |
|
St. James City |
-0.51% | 0.00% | -0.51% |
Sanibel |
-10.31% | -20.83% |
13.29% |
Punta Gorda | -4.08% | 11.11% |
-13.68% |
North Fort Myers |
-17.00% | -28.87% | 16.68% |
Miromar Lakes |
-18.96% | 40.00% | -42.11% |
Lehigh Acres | -15.79% | -18.54% |
3.37% |
Fort Myers Beach | 21.64% | 23.53% |
-1.53% |
Fort Myers |
-16.59% | -19.54% | 3.67% |
Estero | 15.48% | -11.54% |
30.54% |
Captiva |
-30.60% | -50.00% | 38.79% |
Cape Coral |
-25.50% | -28.85% | 4.70% |
Bonita Springs |
49.96% | 5.98% |
41.49% |
Bokeelia |
45.72% | 10.00% | 32.47% |
Alva | 70.63% | 20.00% |
42.19% |
2019 Market Outlook for Lee County: Pricing
2019 Market Outlook for Lee County average pricing since 2009.
2019 Market Outlook for Lee County average pricing since 2015.
The trendline shows growth more in line with inflation than an external growth pattern.
2019 Market Outlook for Lee County: Sales counts by property type
Sales Counts by Property Type
2017 |
2018 |
The difference by % year over year. |
|
Single Family |
12,519 | 13,295 |
6.20% |
Villa Attached | 811 | 884 | 9.00% |
Low Rise (1-3) | 3,466 | 3,643 |
5.11% |
Mid Rise (4-7) |
709 | 778 | 9.73% |
Townhouse | 742 | 738 |
-0.54% |
High Rise (8+) |
522 | 522 | 0.00% |
Manufactured | 587 | 702 |
19.59% |
2019 Market Outlook for Lee County: Pricing by property type
Average Price 2017 | Average Price 2018 |
The difference by % year over year. |
|
Single Family |
$319,728 | $335,470 | 4.92% |
Villa Attached |
$207,076 | $222,212 | 7.31% |
Low Rise (1-3) |
$206,005 | $209,948 | 1.91% |
Mid Rise (4-7) | $266,539 | $263,556 |
-1.12% |
Townhouse |
$187,575 | $195,226 | 4.08% |
High Rise (8+) | $512,338 | $526,010 |
2.67% |
Manufactured |
$106,816 | $110,881 |
3.81% |
2019 Market Outlook for Lee County: Cash sales metrics
2017 | 2018 | The difference by % year over year. | |
Number of cash sales |
7,988 | 8,306 |
3.98% |
Cash % | 41.06% | 40.22% |
-2.04% |
2019 Market Outlook for Lee County: Distressed sale metrics
2017 | 2018 | The difference by % year over year. | |
Bank Owned |
630 | 454 | -27.94% |
Bank Owned % |
3.24% | 2.20% |
-32.11% |
Short Sale |
100 | 79 | -21.00% |
Short Sale % | 0.51% | 0.38% |
-25.58% |
Total Distressed | 3.75% | 2.58% |
-31.22% |
2019 Market Outlook for Lee County: Waterfront/Gulf Access metrics
2017 | 2018 |
The difference by % year over year. |
|
Gulf Access Counts |
2764 | 2797 | 1.19% |
Gulf Access % of sales counts |
14.21% | 13.55% |
-4.67% |
Waterfront Sales Counts |
6620 | 7028 | 6.16% |
Waterfront % of sales counts | 34.03% | 34.04% |
0.01% |
2019 Market Outlook for Lee County: Supply and demand overview
As of 1/16/2019 @2:31 PM we have 6.11 months Inventory for Lee County Residential Assets listed in the MLS.
2019 Market Outlook for Lee County: Inventory by City
City |
Active listings | # of Sales in the last 12 months | 12-month burn rate |
Number of months inventory |
Lehigh Acres | 746 | 2143 | 179 |
4 |
Cape Coral |
2613 | 5846 | 487 | 5 |
Fort Myers | 3144 | 6651 | 554 |
6 |
Alva |
80 | 164 | 14 | 6 |
North Fort Myers | 531 | 1073 | 89 |
6 |
Estero |
807 | 1425 | 119 | 7 |
Bokeelia | 67 | 108 | 9 |
7 |
Matlacha |
21 | 32 | 3 | 8 |
St. James City | 125 | 179 | 15 |
8 |
City |
Active listings | # of Sales in the last 12 months | 12-month burn rate |
Number of months inventory |
Bonita Springs |
1199 | 1710 | 143 | 8 |
Punta Gorda | 51 | 72 | 6 |
9 |
Fort Myers Beach |
363 | 465 | 39 | 9 |
Miromar Lakes |
74 | 80 | 7 |
11 |
Sanibel | 343 | 347 | 29 |
12 |
2019 Market Outlook for Lee County: Inventory by Zip Code
Postal Code |
Active listings | annual sales counts | monthly absorption | Months of inventory |
33972 |
104 | 350 | 29 | 4 |
33971 |
151 | 504 | 42 |
4 |
33976 |
114 | 335 | 28 | 4 |
33907 | 159 | 447 | 37 |
4 |
33905 |
224 | 615 | 51 | 4 |
33991 | 302 | 828 | 69 |
4 |
33974 |
121 | 330 | 28 | 4 |
33909 | 322 | 878 | 73 |
4 |
33973 |
22 | 58 | 5 | 5 |
33990 |
266 | 693 | 58 |
5 |
33967 |
219 | 526 | 44 | 5 |
33936 | 236 | 563 | 47 |
5 |
33919 | 462 | 1102 | 92 |
5 |
33917 |
286 | 631 | 53 | 5 |
33966 | 167 | 366 | 31 |
5 |
33914 |
726 | 1517 | 126 | 6 |
33928 | 512 | 1052 | 88 |
6 |
33913 |
478 | 970 | 81 | 6 |
33901 | 194 | 388 | 32 |
6 |
33904 |
558 | 1103 | 92 | 6 |
33912 |
355 | 661 | 55 | 6 |
33993 |
468 | 861 | 72 |
7 |
33903 |
248 | 447 | 37 | 7 |
33916 | 220 | 389 | 32 |
7 |
34135 |
832 | 1389 | 116 | 7 |
34135 | 832 | 1389 | 116 |
7 |
33908 |
816 | 1355 | 113 | 7 |
33922 | 67 | 109 | 9 |
7 |
33956 |
126 | 179 | 15 | 8 |
33955 | 51 | 72 | 6 |
9 |
33931 |
366 | 468 | 39 | 9 |
34134 | 569 | 581 | 48 |
12 |
33957 |
341 | 346 | 29 | 12 |
34119 |
24 | 24 | 2 | 12 |
34110 |
29 | 24 | 2 |
15 |
In real estate, any market with less than 6 months is considered to be a “seller’s market”. When the inventory is over 6 months it is considered to be a “buyers market”.
2019 Market Outlook for Lee County: Distressed market update
The negative price pressure from the last cycle was driven by distressed sales. This was the aftermath of a mania. We prepare a report each month about this, here is a link to the December 2018 Lee County Florida foreclosure report.
A word of caution about listening to Real Estate Agents who speak on their production.
- Most agents can not see past their own financial status.
- There are a lot of agents right now. These are only Residential sales in the MLS.
–7,088 Agents had at least a closing in Lee County for 2018.
–4,932 Agents had at least 2 closings in Lee County for 2018.
–1,143 Agents had at least 10 closings in Lee County for 2018.
–345 Agents had at least 20 closings in Lee County for 2018.
Trends to Watch
-
2018 was pretty awesome across the mean.
-
3 months had more than 2,000 sales!
-
That may be hard to beat.
Is almost all of the new construction trading outside of MLS or do we lack truly lack inventory?
- There are 153 homes with a year built 2017 and newer, that are active as of 1/16/2019.
- 843 have sold in the last 365 days.
- That is 2.17 months inventory.
2019 Market Outlook for Lee County: Cape Coral Single family Building permits
2019 Market Outlook for Lee County: Outlook for the retiree markets
2019 Market Outlook for Lee County: Possible overleverage points (These are national Stats here)
This is for commercial and industrial debt as reported by the Federal Reserve bank. Notice the growth since the last cycle.
This chart shows the growth of residential debt, notice at the time of this chart, it has not surpassed the levels of the last cycle. I not saying it will not correct in the next correction but this is illuminating as to potential levels and intensity of correction.
2019 Market Outlook for Lee County: In conclusion
-
- 2018 was a great year from a statistical perspective.
- It may be tough, just by the sheer numbers, to beat that year.
- In 2016, all of the economic talking heads were calling for a recession 2 years out. In 2018, they were saying the same thing. At some point, it has to happen.
- We have 2 different economic trends happening in real estate. The Baby Boomer generation retirement and the Millenial/Gen Z coming of age. Each will have different and specific impacts on the market.
- This market does not share the same modalities of the 2006 crash. If and when a correction happens, it will be different in intensity and duration. Using the last correction as a playbook can be problematic.
- December 2018 was pretty awful from a statistical point of view, January 2019 appears to be on the same path from a year over year perspective. Is this a trend or just the economy playing wait and see with the Macro pictures trials and tribulations?
Our SWFL REIA General Meeting is held in Fort Myers where we provide education on hot topics in investing and an opportunity to enjoy the camaraderie of your fellow investors. You’ll get a chance to ask for advice from successful real estate professionals and even make a few deals on your latest projects.
To become a member, anyone can register as an individual, a couple, or a corporation. Being a member opens the doors for endless networking opportunities, advice from members with decades of experience, new ideas from entrepreneurs, camaraderie with those just beginning, and deals and contracts done in the meeting room. For those interested in Cape Coral rental property investment and/or Fort Myers rental property investment, SWFL REIA will be able to provide a network to help launch a successful investment career.
The SWFL REIA is known and respected as a source of current, actionable and useful information about the housing market in the area that we meet.
We meet twice a month.
Click here for information about the monthly luncheon.
Click here for information about our nighttime general meeting.
One of the premier sources for real estate investing networking and education is the SWFL REIA. In the real estate world, the SWFL REIA is different in that they do not do information product sales. Their meetings are focusing on the best ways of investing in real estate by collaborating with other property investors who are sharing their experiences.
We look forward to meeting you at a meeting soon!
Click here for membership information
Get our meeting notices and market data emailed to you.
The post 2019 market outlook for Lee County appeared first on SWFL Real Estate Investing.
source https://swflreia.com/2019/01/28/2019-market-outlook-for-lee-county/
Thursday, January 24, 2019
Blockchain Technology for real estate?
Blockchain Technology for Real Estate can and will revolutionize real estate at some point in the future. To be honest it is already beginning. Real estate is one of those industries that has been slow to adopt new technologies.
Blockchain is the brainchild of a person or group of people known by the pseudonym, Satoshi Nakamoto. It has no transformed into many things.
“The blockchain is an incorruptible digital ledger of economic transactions that can be programmed to record not just financial transactions but virtually everything of value.”
Don & Alex Tapscott, authors Blockchain Revolution (2016)
Imagine a ledger that is backed up thousands of times across a network of computers. The network is constantly updating this as a well.No centralized version of this information exists to be stolen, hacked or corrupted.
Blockchain Technology for real estate has the ability to be robust.
Blockchain Technology for real estate will store blocks of information that are identical across its network, blockchain cannot be controlled by any single entity. In that way, it has no single point of failure and is not controlled by a single entity.
Blockchain Technology for real estate: A new type of MLS.
Imagine a system for selling and renting that is open source, free and maintained by the users? This would be a major economic disruption in the real estate ecosystem. Factor that most of the aggregator sites are now owned by a few groups for profit.
Blockchain Technology for real estate: Transparency.
A blockchain network functions in a state of consensus and is one that in automation updated itself every ten minutes. Transparent data is embedded within the network as a whole, by defaults public knowledge.
Blockchain Technology for real estate: Decentralization.
The network operates on a user-to-user (or peer-to-peer) basis and not located on any one central point. The diversification of the data held in the blockchain inherently makes it more secure.
It is the new web 3.0. Here are some startups on the edge of this.
Blockchain Technology for real estate: The Etheera project.
The Etheera project was established initially in 2017 by IZ Immobilien Kriens GmbH. The IZ Real Estate Kriens GmbH is a Swiss-based company that is active in the real estate field since 2013
Blockchain Technology for real estate: Wealth Migrate.
Wealth Migrate is a growing and trusted leading global real estate investment marketplace which gives investors direct access to exclusive real estate investment opportunities in premier markets. In simpler terms, we help you create your wealth through access to curated global real estate investments.
Blockchain Technology for real estate: The LendingCoin
The LendingCoin is a revolutionary fin-tech corporation committed to generating high-quality commercial real estate and securing preferred positions in economically inclusive housing opportunities.
Blockchain Technology for real estate: Bee Token.
We Are Reinventing the Home Sharing Economy Our team is an experienced and talented group of former employees from Google, Facebook, Uber, and Civic. We’re building a middleman free, peer-to-peer network of hosts and guests on the decentralized web. Click here to read their whitepaper
Blockchain Technology for real estate: DYVARE.
DYVARE is a blockchain platform that aims to democratize access to real estate assets that are currently only available to qualified investors. We are able to do this by eliminating middlemen and by creating a more efficient and transparent real estate investment process.
Blockchain Technology for real estate: Rentberry.
Rentberry is a transparent rental application and price negotiation platform uniting tenants and landlords. It automates all the standard rental tasks from submitting personal information, customer offers and eSigning rental agreement to sending maintenance requests. Welcome to the Rentberry neighborhood – where new tenants are moving in every day!
Blockchain Technology for real estate: Dashing.
Dashing is a home services platform that uses blockchain technology to create an ecosystem where homeowners and service providers can trust one another through automated dispute resolution, unalterable reviews, and token voting.
Blockchain Technology for real estate: ShelterZoom.
ShelterZoom delivers the most transparent, secure and efficient way for buyers, sellers, renters, and agents to make an offer or submit a rental application within minutes through any participating affiliates’ websites.
Blockchain Technology for real estate: CPROP.
CPROP was formed by serial entrepreneurs with backgrounds in commercial and residential real estate, as well as technology and finance, who recognized the power of blockchain to improve the quality of data in the real estate industry. Real estate is a data-intensive industry with large capital flows that has historically lagged in technology innovation and adaptation as compared to other data-intensive industries
Blockchain Technology for real estate: Imbrex.
imbrex is founded on the principle that the real estate industry should be in control of its proprietary data. Listing agents should have direct access to their leads and exposure on a global real estate network.
Blockchain Technology for real estate: Propy.
Propy is a global real estate marketplace with decentralized title registry. We aim to solve the problems facing international real estate transactions by creating a novel unified property store and asset transfer platform for the global real estate industry. Propy allows buyers, sellers, brokers, and escrow/title agents/notaries to come together through the utilization of a suite of smart contracts on blockchain to facilitate transactions. We provide a network for these actors to connect with each other and conduct real estate purchases online. The culmination of the transaction is a digital transfer of ownership on the Propy Registry. For more information about these processes and smart contracts, please refer to our white paper.
Blockchain Technology for real estate: BitRent.
BitRent is the first blockchain platform meant to attract commercial and residential property investments at an early stage of construction in order to gain maximum profit by selling and renting out the acquired property.
Blockchain Technology for real estate: BitOfProperty.
BitOfProperty allows investors to invest in real estate by purchasing BITS, which represent ownership of the listed rental properties. One BIT can be as low as €50. BITS have similar characteristics as dividend stocks, which means that investors will earn monthly rental income and take advantage of real estate price increase proportionally to their investment amount.
Our SWFL REIA General Meeting is held in Fort Myers where we provide education on hot topics in investing and an opportunity to enjoy the camaraderie of your fellow investors. You’ll get a chance to ask for advice from successful real estate professionals and even make a few deals on your latest projects.
To become a member, anyone can register as an individual, a couple, or a corporation. Being a member opens the doors for endless networking opportunities, advice from members with decades of experience, new ideas from entrepreneurs, camaraderie with those just beginning, and deals and contracts done in the meeting room. For those interested in Cape Coral rental property investment and/or Fort Myers rental property investment, SWFL REIA will be able to provide a network to help launch a successful investment career.
The SWFL REIA is known and respected as a source of current, actionable and useful information about the housing market in the area that we meet.
We meet twice a month.
Click here for information about the monthly luncheon.
Click here for information about our nighttime general meeting.
One of the premier sources for real estate investing networking and education is the SWFL REIA. In the real estate world, the SWFL REIA is different in that they do not do information product sales. Their meetings are focusing on the best ways of investing in real estate by collaborating with other property investors who are sharing their experiences.
We look forward to meeting you at a meeting soon!
Click here for membership information
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source https://swflreia.com/2019/01/24/blockchain-for-real-estate/