I wish that I had a dollar for every time that I get asked, what will the owner take for that property? I usually pause, rub my hands over my virtual crystal ball and proclaim once again that over the last three years over 50,000 properties have sold in Lee County and the average selling price is 94% of asking price.
Since its early beginnings, Cape Coral has been an attractive location for real estate investors. With relatively affordable property prices, a tight rental inventory and a growing pool of renters, it is possible for real estate investors to generate positive cash flow for their Cape Coral investments. Much of the housing stock in Cape Coral is not inside the gates of a communities with high HOA fees that eat into investor returns.