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Updated almost 4 years ago on . Most recent reply

Frank Procopio's profile image
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Frank Procopio
  • Real Estate Agent
  • from Naples, FL
  • Member since Sep 26, 2016
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Frank Procopio
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  • Member since Sep 26, 2016
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Frank Procopio
  • Real Estate Agent
  • Naples, FL
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Short-Term & Vacation Rental Discussions

Southwest Florida Vacation Rentals

Frank Procopio
  • Real Estate Agent
  • Naples, FL
Posted

I have always been a buy and hold guy. My current portfolio consists of mostly single family homes in NY. I just came back from southwest Florida and it really led me to take a good look at short term vacation rentals. Anyone made the transition over? Any advice? I love my cashflow in Upstate NY but the taxes are out of control and I do not get alot of appreciation.

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Chris Mury
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  • from St. Augustine, FL
  • Member since Mar 19, 2017
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Chris Mury
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Chris Mury
  • Realtor
  • St. Augustine, FL
Replied

@Luke Anderson

You could look into a “premises-only” umbrella policy just for that specific property. Usually very inexpensive.

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