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Updated about 3 years ago on . Most recent reply

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75
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19
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Wendy Busa
  • Madison, WI
19
Votes |
75
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Rental maintenance costs in Florida

Wendy Busa
  • Madison, WI
Posted

I live in Wisconsin, but I am thinking about purchasing a single family home in Crestview Florida as a rental property. I am concerned about maintenance costs or any other issues  that Florida may have that we do not have here in Wisconsin. Should I add in monthly pest control and if so, is that based on per sq foot of living space? Any other considerations for purchasing in Florida? Sink holes?

I appreciate any input. Thank you.

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Replied

I have a rental property in Crestview as well. Biggest issue I would say is termites so you definitely want to make sure you take preventative measures. For a 1943 sq ft house I was quoted $89/mo I believe. Hurricanes really weren't that big of an issue since it was so far in land. As for other repair costs I always set aside at least $150/mo

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