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Updated almost 6 years ago, 02/12/2019

Account Closed
  • Hackensack, NJ
5
Votes |
12
Posts

Investing in Destin,FL...Advice?

Account Closed
  • Hackensack, NJ
Posted

Hi everyone, 

I’m currently a NJ resident and have been looking to invest in some property and unfortunately in NJ the taxes are ridiculously high and there’s really no return on investment here. I’m looking for some advice on owning in Destin, FL. Does anyone have experience owning here and if so would you mind sharing where about your property was ? I am working with a relator but I’d like to gain insight from other investors. Also, if anyone knew if my mortgage rates would be higher if I used it as a rental and how hurricane insurance works. 

I am leaning towards renting it as a vacation rental and using a property management company to manage it. 

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