Michael Urbinato

I get at least a call or two a day from people asking if one of our listings is available for rent.

More on the weekends. Yesterday I had to turn down three different people looking for a 3/2 for rent somewhere in Cape Coral.

The rental market here is booming and I'm almost out of inventory to show!

Let my problem be your solution!!! We're offering both tenant placement service as well in house professional property management for those landlords who want the rental income with out the hassle of being a landlord.

There has never been a better time to become an investor, rental properites at todays prices will be cash flow positive month after month after month.

Call or email me today if you have income properties you need rented or managed.

If you're intersted in acquiring foreclosure or short sale properties at rock bottom prices and building a cash flow positive investment portfolio with substantial upside potential, you've come to the right place!!

Call me now!


-Mike Urbinato
Gulf Gateway Realty Inc
1326 SE 47th Street
Cape Coral, FL 33904

239-200-5742 Cell
239-443-2520 Direct

Active Contingent means they have offers in on them which have not yet been accepted by the seller.

When the status is marked Active Contingent Short Sale, it means they have offers on the property, signed by the seller and sent to the lender for approval.

Normally this means your offer would be a back up.

If the selling agents are being ethical they'll give the 1^st buyer to put in an offer the chance to meet the banks counter offer before moving on to other buyers who put in offers after the first one.

So ideally you want to make your offers on Active properties if you can.

HOWEVER

Buyers fall out for all kinds of reasons. If it' a property you like, make an offer...get it in the hopper!

I recently closed a great deal on a house for a couple moving here from Ohio, our offer was in as a back up and the first buyers walked!!! We replaced thier contract with the lender and were ready to close in a week!

Someone sent me a question on Facebook about renting to own. I do have a friend who like many other people got caught up in some nonsense with a "rent to own" here in Cape Coral and wound up losing a tremendous amount of money. He hadn't come to me to review the paperwork first. Had he engaged a Realtor to represent him in the transaction which I would have done at no cost to the seller since he had already established a relationship with her she might have thought twice about selling the house out from under him and stealing his money.

Anyway heres the question and the answer I wrote back. If you use facebook and want to connect iwth me there, send me a request. Anyone seeking advice is always welcome to call on me.

-Mike Urbinato

Hi,

I was wondering if you do any rent to own type thing? My husband and my credit isn't great or even good. We want to buy a house of our own but no one is wanting to work with us. I was just wondering if you do rent to owns or know anyone who is not going to really screw us around that does? Please email me back and let me know!

Thank you
Karen

Dear Karen,

Thank you for asking, I consider it an honor when someone calls on me for advice.

I get alot of inquires about leasing to own them and not so many from people who've already heard that they are indeed very sticky, and you can get caught out there unless the whole thing is handled correctly.

So being as I'm a Realtor and it's my job to help and protect people with thier real estate needs I advise people looking to become homeowners thru unconventional means. I've allied with professionals in credit repair, financial planning, private lending and law to bring try to bring it all together for people.

If you're interested in sitting down with someone to discuss getting your situation to where you could get a conventional loan within 1.5 to 3 years we can meet in my office.

Feel free to call me or email me if you have questions or would like to set something up. My cell is 239-200-5742 email is MikeUrbinato@gmail.com

Thank you for the inquiry and I look forward to helping you!

-Mike

I moved to Cape Coral FL to become a Realtor because of the incredible opportunity presenting itself here.

We have a booming rental market due to so many factors.

On of the hottest areas in this market are buying investment homes for rental income. Great deals and with investor loans at in the 4-5% range you can afford to replace cash reserves from your cash flow positive rental income. Depending on your credit you need 20-20% down which with purchase prices as low as 30,000 is NOT insurmountable and yes some banks are doing portfolio loans.

To boil it down short, there are investors losing investment houses to their banks and the tenants are moving... also there are over leveraged homeowners who are renting for 900 instead of paying the bank 2500 a month.

I probally get 5 inquiries a week from people looking for rentals, particulary 4 bed or 3/2's with dens

Both of these plus a steady influx of people moving here (if you email me I will send you some a research report on the Cape Coral and Lee county market that will rock your world!) in search of affordable housing and BETTER WEATHER are part of what is creating a STRONG demand for rental properties, which frankly I can't "keep on the shelves" as long as they're priced right and not a rather unusual property for the area.

Gulf Gateway Realty offers full service property management at a reasonable cost with NO markups on services or repairs to your property.

Call me today to discuss your goals!

MikeUrbinato@gmail.com

239-200-5742

If ever an address is too new for google maps you can always find it on the Lee County Property Appraiser website.

Usually this isn't so much of a problem for Cape Coral, however sometimes in Fort Myers or Lehigh Acres, there will be a new street or development that hasnt yet been cataloged by Google

Here is a step by step to finding and seeing where a property is located on the Lee County Property Appraisers website. It's www.leepa.org When you get there look in the left hand frame, click on "Property Database Search" under the Database Search heading.

You can use this link to get right to the search page, I have this one book marked in my toolbar for fast access.

http://www.leepa.org/Queries/SearchCriteria.htm

Type only the street number in the number field, obviously.

In the street name type it like this "Yoakum st" in the street name field

Use the operators st ln pkwy ter ave etc if you need them....you can always run the search off just the number and the street name 1818 and Yoakum or 1326 & se 47^th (our office address)

This was a bank owned (REO) home my office sold within 48 hours via email blast to our investor database.

When you get to the property info page, the first thing I usually do is scroll to the bottom to "Appraisal Details" and click on "Show"

This expands the property view and allows you to see the bedroom count, square footage breakdowns, etc.

Now to see exactly where this property is, go back to the top of the page, in the middle above the picture, click on "Viewer" This will pull up a satellite view with parcel line overlays

On the tool bar to the right, click on the magnifying glass icon, first one to the right of the hand icon.....left click and hold that and move your mouse up or down to zoom in or out.

This will allow you to see geographically where the property is located and how to navigate to it.

There are AMAZING values in this market, rental income exceeds carrying costs for investment properties and financing is available to help you build a portfolio of homes paying you an income!

My firm offers full service property management to facilitate renting investment property out for you on an annual or seasonal basis.

As always please feel free to call me directly with any questions you may have!

-Mike Urbinato

Realtor - Gulf Gateway Realty Inc.

239-200-5742 or 866-909-9449