Market Spotlight: Cape Coral, Florida | PREI 254

Passive Real Estate Investing

Real Estate Investing with Marco Santarelli, Investor and Entrepreneur.

Education, Business, Entrepreneurship, Business:investing, How To, Investing

4.6 • 968 Ratings

🗓️ 23 June 2020

⏱️ 38 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

The 11th largest community in Florida and home to 32 Fortune 500 companies, Cape Coral has a very diverse economy and stable market, and it’s continually growing! That is why it is one of the best markets for real estate investing today. On today’s show, Marco Santarelli talks with one of his providers in multiple markets, Jim, about Cape Coral and why it’s considered one of the main markets in Southwest Florida. This is a very interesting market because it's growing, has a strong demand, and lots of population growth. Stay tuned to discover why you should be looking at Cape Coral. Download your FREE copy of The Ultimate Guide to Passive Real Estate Investing. IF YOU LIKE THIS PODCAST we would love if you would go to iTunes and Subscribe, Rate & Review our podcast. This will greatly help share our podcast with others wanting to learn. Thank you!

Transcript

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0:00.0	Welcome to passive real estate investing, the show where busy people like you learn how to build substantial passive income while creating wealth for the long term.
0:10.0	And now here's your host, Marco Santorelli's.
0:14.6	Welcome to Passive Real Estate Investing.
0:16.5	I'm your host, Marco Santorelli.
0:18.6	Yes, it's time for another market spotlight.
0:20.8	And this is to help educate you and share the opportunities that we have around the United States and in this case it's specifically in Southwest Florida and we are talking about Cape Coral Florida.
0:31.0	Before I tell you why Cape Coral is one of the best markets for real estate investing today,
0:35.9	remember to subscribe to the show if you haven't done so already. Just click the subscribe button on your
0:41.1	iPhone, your Android, whatever you may have, but just remember to
0:45.0	subscribe so you never miss another episode that comes out every week on this show and actually
0:50.0	I've been publishing about two episodes a week on average right now, sometimes three, and those
0:54.6	are typically an Ask Marco episode where you are submitting your question for me to answer
1:01.7	on the show, and I'm doing my best to get to all of them. There have been a lot but I am trying to plow through them so hang in there.
1:09.1	So why is Cape Coral one of the best markets for real estate investing. Well in summary it is a very
1:14.4	diverse economy and diverse market. It is a stable market that has been
1:18.8	continually growing. It is home to 32 Fortune 500 companies.
1:23.0	And right now we have these newly built single-family homes and duplex properties available in southwest Florida.
1:30.0	These are in solid blue collar areas that have, relatively speaking, high rents.
1:36.5	And so when you have an area with high income and high rents, because those are the people
1:41.8	who want to be renting not buying.
1:44.4	It makes for a very solid investment.
1:46.7	There are high private sector employment opportunities in and around Cape Coral and Lehigh Acres.
	...

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