We’ve all heard of the importance of staging your home to sell. Buyers need to be able to envision themselves living in your space, right? Home staging has proven effective in increasing the probability of selling your home — the same applies for renting. You want your home to look its best for the future family or business professional who will be residing in your investment property. Marketing is everything. For a quick exercise, review the rentals on Airbnb and take note of the listings that intrigue you from first-glance. What do you notice about the decor and what’s on their counter tops ..read more

Many home owners dream of turning their first home into an investment property for passive income. Others are buying a home with direct intent to rent. In both scenarios, consider reaching out to a property management company to help ensure you’re setting yourself up for success—prior to making a commitment on a home. Gulf Coast Management Group offers free consultation and home rental evaluation services. The value of talking to an experienced property manager could make all the difference. Two items to consider when purchasing a home with intent to rent: Simple Landscaping Consider homes ..read more

Record Low Mortgage Rates We could all use a little good news every now and then, especially in times like these. Lucky for you, we have some!  Travel restrictions haven’t slowed down buyers and vacationers from Southwest Florida nearly as much as experts initially anticipated. Collier County has seen a significant uptick in property sales this month. In fact, sales within the first two weeks of July surpassed the entire month of June and May.   The market is now the hottest it has been all year and, combined with a mix of falling home prices, low rates and an abundance of go ..read more

Our Southwest Florida town outranked Hawaii’s shores! In the midst of a pandemic, rental home owners (and their tenants!) are now faced with new questions every day. Questions they, nor renters, ever thought they would ponder in their lifetime. Questions such as:   If beaches close, does everyone lose beach access?   If vacation rentals are banned in the state of Florida, will I be able to financially outlast the closure?   Is the population low enough to allow for easy social distancing?   How well is the area setup to provide Coronavirus Support?&n ..read more

From Vacation Rental to Annual Rental 2020 is shocking real estate predictions across the globe. A once highly regarded real estate investment opportunity, vacation rentals are now projected to experience a $7.1 million dollar revenue loss this year, with over 25% of the users dropping out of the market. Not to mention, those users are not projected to return to 2019 numbers until 2024. Naples is predominately a 55+ community, which is also the age demographic that is the most concerned about their risk levels and the least likely to travel at the moment. Your vacation rentals in Naples may ..read more

Increase Your Inventory of Rental Properties  There’s no denying that the COVID-19 pandemic is resurfacing the economy. It’s changed the way we do a lot of things and its made its way into the real estate market. The pandemic has led to tighter mortgage loan credit standards for new home buyers and property investors. For example, JP Morgan has issued a new policy setting the minimum requirements for a mortgage loan to a credit score above 700 and —at least— 20% down on your property. The National Association of Realtors have said the situation and lending standards could even grow more ..read more

Certified Florida Residential Manager in Naples, Florida Joe Oster, President and CEO of Gulf Coast Management Group, has recently graduated with high honors from the Florida Property Manager Designation Course. Provided by Larson Educational Services, a real estate school in Fort Myers and Naples, this course was completed in two days, covering, with heavy detail, the practical and legal aspects of leasing and managing single-family and small residential investment properties. What this means is – coupled with his accounting background and personal experience owning real estate, Joe has pa ..read more

Joe Oster and his team oversee more than 150 properties within Lee County and Collier County Joe Oster, President and CEO of Gulf Coast Management Group, was recently selected to be featured in Top Agent Magazine ! "I was an accountant by trade and I was very much involved in the developing of properties, new construction, and managing rental portfolios, so I've always had an interest in real estate." says Joe when thinking back on what led him to property management. Now, Joe's company, Gulf Coast Management Group, manages over 150 properties within Lee County and Collier County.  An u ..read more

2020 Countdown With the Top 3 Naples Real Estate Market Opportunities 1. Mortgage Rates are Predicted to Fall to Record Lows in 2020 In December 2019, 30-year fixed-rate mortgages reached an all-time low and certified financial planners like Matt Frankel, CFP anticipate mortgage rates to continue to fall to all-time lows in 2020.  2. Naples Market Remains Healthy for Property Management The demand for more affordable housing is at an all-time high across the United States as the National Low Income Housing Coalition reports the need for more than 7 million affordable homes to meet th ..read more

Naples was recently named the best place to retire early in the United States, and the best place to retire in Florida!  Based on social life, tax-friendliness and medical care, SmartAsset, a New York financial technology firm says that there simply isn’t much better than Naples, Florida. For 3 years in a row, our amazing city has taken home first place. The population in Southwest Florida is has become one of the fastest growing in the United States over the last two years. As more people flock to Southwest Florida, the growth and new home construction to meet the demand is evident, a ..read more