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Updated about 11 years ago on . Most recent reply
Would you invest in disaster prone markets?
Hi, I'm new to REI, and I'm wondering if investors tend to stay away from disaster prone areas, hurricanes, tornado zones, etc. Are the insurance rates outrageous in these areas? Do added stress and extra repairs make it not worth the time and money? Any feedback you could give would be great! I'm in the stage of choosing a market a market. My local market isn't feasible for me, so I'm interested in turnkey properties out of state for long term buy and hold. Thanks so much for your help!