Local Real Estate Networking
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated over 6 years ago on . Most recent reply

Fort Lauderdale home insurance
I’m about to put an offer in for a waterfront single home in Fort Lauderdale and got an estimate of 6k per year for home insurance, not IncludIng flood insurance. It blew my mind! I want to turn this house into a STR but between property tax, estimate at 12k, and insurance, at 6k, without flood, which is required in FLORIDA, I don’t know how STR can make any money. Any insights would be greatly appreciated.