By Anonymous September 24, 2014
They don't deserve a single star!!!!! He's a felon, served prison time and now rips off everyone. Ask any one of their tenants and you'll hear the same things. Adjectives to describe him & his way of doing business: shiester, crook, lier ...read more
By Anonymous September 10, 2014
I also here they are crooks and should not be trusted in business or as a purchaser of the homes that build. Like anything in life, buyer beware is the best policy ...read more
By MDHetlerMollik July 18, 2014
I visited this site with to much care. What a site it is ! It really amazed me. To know more about real estate click here <a href=http://www.naples4u.com>Realtors in Naples Florida</a> ...read more
In working in the local Naples vacation rental industry for the past few years, I have observed three key tips for securing the best fitting rental in town for a great price. Book Early Booking a year or more in advance is the prime factor in acquiring that perfect fit rental you have dreamed about. The available inventory is high which provides greater number of potential properties to choose from. It allows plenty of time to complete all of the necessary paperwork and complete required rental payment transactions. It also gives a safety blanket of time in case any snags occur while adding negotiating leverage (important). Determine Vacation Activity Preferences Determining which activities you most enjoy and plan on participating in can be huge in selecting your location and negotiating for perks. Naples has a lot to offer every vacationer and being in the best location can make the difference in having an excellent vacation verses having to put up with annoyances while fighting through seasonal traffic to get where you want to go. Negotiate Deals and Extra Perks Naples is a unique area with a strong independent business structure. Most owners are not corporations with rigid rules and policies. Property management companies and real estate professionals are also down to earth individuals and small businesses that are willing to bend on price and provide extras if the timing is right. In conclusion, make sure to determine your activities, book early and negotiate your prices when securing the best Naples rental for your vacation. I will be doing a more in-depth series of posts based on these three principals in the following weeks focusing on Naples specific areas, activities and tips. If you enjoyed this post, or would like to find Vacation and Annual Rentals in Naples, Florida please visit our site at Naples Rentals Net ...read more
By Banyan Naples Real Estate Company March 25, 2013
Real Estate Investors love Naples, Florida. Why? Because it is a transient area for the affluent, which means Naples Real Estate has the potential to command premium prices when the market is bullish, while capturing strong seasonal and annual rental rates during the bear times. Not mention, Naples is an ever growing popular destination that grants strong occupancy statistics year round. These key factors combine to create an ideal climate, for those seeking to increase their wealth, using a variety of real estate investment strategies.In next series of blog posts, I will seek shed light on a few tried and true, Naples Real Estate Investment Strategies being put into play on the market today. Naples Seasonal Rental And Equity Building StrategyInvestment Objective: To minimize investment risk associated with market volatility while generating a steady income stream and systematically increasing equity in the investment. Investment Concept: Obtain an investment property, rent it seasonally to generate income, use a % of the income to pay costs associated with the property (taxes, HOA dues, maintenance, mortgage, etc…), reinvest a % of profits back into the property to increase value and commanding a higher rental rate next season, and finally sell when the market is right. Investment Advantages: Flexable entry costs, low risk, steady income stream, consistent high demand, stable investment for mid-long term, large pay out when market is right. Investment Disadvantages: Poor liquidity limits use of investment funds for other investments and/or purposes Perks: Ability to vacation in your own rental property for periods throughout the year Dangers: Being forced to sell when the market isn’t right, same goes when making initial purchase, getting greedy and holding the investment past a good point to sell Recommendations: I recommend this strategy to anyone who is serious about investing for the mid to long term. It is not for those looking to make a quick buck (flipping), or those who may need their investment assets to be liquid in a short period of time. Also, holding the investment past the market cycle is ok, however to maximize profits the investor will have to wait until the market comes back around again, which can be 2-10 years. Naples Seasonal Rental And Equity Building Strategy Steps Step #1: Establish a financial ceiling for your initial investment; how much money you can afford, borrow, and/or are willing to invest (this step is important for a lot of reasons and can make or break you in the end) Step #2: Recruit local industry professionals to assist you in researching and information gathering on potential investment properties. You want a top notch vacation property manager, real estate agent who is skilled in the art of negotiations and is experienced in finding investment properties. (Don’t be fooled by fast talking professionals that promise the world, glitzy ads, and fancy offices…ask for references, and trust your gut) Step #3: Research potential properties and do the math. The right real estate professionals will generate reports, give recommendations, and scout the properties with greatest investment potential for you. If they can't provide you a spreadsheet, containing pro forma financial statements on a potential property, then you hired the wrong professional – go back to step #2 Step #4: Select a list of homes based on rate of return (there are several mathematical formulas that can be applied to generate different useful statistics) Step #5: Evaluate the list and consult your investment property manager as to which are the best ones Step #6: Purchase one of the top investment properties on your list (using an agent skilled in negotiations can save you thousands or more!) Step #7: Hire a vacation/investment property manager and have them make needed repairs to bring home to rental standards (important! many investors don't do this and make costly repairs/upgrades that aren't necessary while missing others that are) Step #8: Have property manager furnish and decorate the house with consignment furniture, second hand items, and inexpensive electronics (again the manager will know what to put in the house and not to put in the house) Step #9: Put the house on the market for seasonal rent Step #10: Make additions to the home with portions of the income generated after season (this increases the value of the home and commands a higher rate next season) Step #10: Build equity in home for a few years and sell when the market is right Step #11: Repeat I hope you found this post useful when making your investment decisions in real estate. Please check back soon, as I will be writing about several variations to this strategy and other more aggressive strategies for making money in Naples Real Estate. If you have questions regarding real estate investing or would like to consult with us about making your next investment in the Naples real estate market, please check out our FAQsection on this site, email us, or give us a call at 239-687-3533T ...read more
By Banyan Naples Real Estate Company November 22, 2012
Naples Real Estate Investment Strategy Part #1 Real Estate Investors love Naples, Florida. Why? Because it is a transient area for the affluent, which means Naples Real Estate has the potential to command premium prices when the market is bullish, while capturing strong seasonal and annual rental rates during the bear times. Not mention, Naples is an ever growing popular destination that grants strong occupancy statistics year round. These key factors combine to create an ideal climate, for those seeking to increase their wealth, using a variety of real estate investment strategies. In next series of blog posts, I will seek shed light on a few tried and true, Naples Real Estate Investment Strategies being put into play on the market today. Naples Seasonal Rental And Equity Building StrategyInvestment Objective: To minimize investment risk associated with market volatility while generating a steady income stream and systematically increasing equity in the investment. Investment Concept: Obtain an investment property, rent it seasonally to generate income, use a % of the income to pay costs associated with the property (taxes, HOA dues, maintenance, mortgage, etc…), reinvest a % of profits back into the property to increase value and commanding a higher rental rate next season, and finally sell when the market is right. Investment Advantages: Flexable entry costs, low risk, steady income stream, consistent high demand, stable investment for mid-long term, large pay out when market is right. Investment Disadvantages: Poor liquidity limits use of investment funds for other investments and/or purposes Perks: Ability to vacation in your own rental property for periods throughout the year Dangers: Being forced to sell when the market isn’t right, same goes when making initial purchase, getting greedy and holding the investment past a good point to sell Recommendations: I recommend this strategy to anyone who is serious about investing for the mid to long term. It is not for those looking to make a quick buck (flipping), or those who may need their investment assets to be liquid in a short period of time. Also, holding the investment past the market cycle is ok, however to maximize profits the investor will have to wait until the market comes back around again, which can be 2-10 years. Naples Seasonal Rental And Equity Building Strategy Steps Step #1: Establish a financial ceiling for your initial investment; how much money you can afford, borrow, and/or are willing to invest (this step is important for a lot of reasons and can make or break you in the end) Step #2: Recruit local industry professionals to assist you in researching and information gathering on potential investment properties. You want a top notch vacation property manager, real estate agent who is skilled in the art of negotiations and is experienced in finding investment properties. (Don’t be fooled by fast talking professionals that promise the world, glitzy ads, and fancy offices…ask for references, and trust your gut) Step #3: Research potential properties and do the math. The right real estate professionals will generate reports, give recommendations, and scout the properties with greatest investment potential for you. If they can't provide you a spreadsheet, containing pro forma financial statements on a potential property, then you hired the wrong professional – go back to step #2 Step #4: Select a list of homes based on rate of return (there are several mathematical formulas that can be applied to generate different useful statistics) Step #5: Evaluate the list and consult your investment property manager as to which are the best ones Step #6: Purchase one of the top investment properties on your list (using an agent skilled in negotiations can save you thousands or more!) Step #7: Hire a vacation/investment property manager and have them make needed repairs to bring home to rental standards (important! many investors don't do this and make costly repairs/upgrades that aren't necessary while missing others that are) Step #8: Have property manager furnish and decorate the house with consignment furniture, second hand items, and inexpensive electronics (again the manager will know what to put in the house and not to put in the house) Step #9: Put the house on the market for seasonal rent Step #10: Make additions to the home with portions of the income generated after season (this increases the value of the home and commands a higher rate next season) Step #10: Build equity in home for a few years and sell when the market is right Step #11: Repeat I hope you found this post useful when making your investment decisions in real estate. Please check back soon, as I will be writing about several variations to this strategy and other more aggressive strategies for making money in Naples Real Estate. ...read more
By Banyan Naples Real Estate Company November 20, 2012
Real estate agents can only base success on the number of sales closed in a year. There is no award or money given for effort. Effort must produce results. Prospecting for new clients, especially new homes to list, is a must. The number of real estate listings an agent has is closely tied to his/her i... ...read more
In older neighborhoods you can easily find newer homes. For a lot of people this makes a great option; it allows you the charm and ambiance that a lot of newer neighborhoods lack with the innovation and solid construction of a new house. ...read more
