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Updated over 1 year ago on . Most recent reply
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Investing in Naples Yes/No?
Anyone invested in Naples, FL?
I like this area and thinking of gettin a second/vacation home that I could also Airbnb while I'm not there.
My only concerns are: I know this is an area with a high average rate of damage from hurricanes, how does this manifest itself in terms of insurance? How much the insurance cost would be for a good cover?
And even if the insurance company covers everything for me, it takes me time to renovate the house so that there will be no income...
I know that the Fort Lauderdale area, for example, has less hurricane damage and it's also an area that I really like...
Your thoughts ?