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Updated over 5 years ago on . Most recent reply

User Stats

13
Posts
11
Votes
Andrew Shepard
  • Tampa, FL
11
Votes |
13
Posts

Should Insurance Scare Me Off

Andrew Shepard
  • Tampa, FL
Posted

I've heard stories of investors paying crazy money in Insurance that makes investment properties that much harder to be profitable.  Am I making a big deal over nothing?  Looking at some properties between Destin and PCB.

Most Popular Reply

Account Closed
  • Rental Property Investor
  • Florida
29
Votes |
54
Posts
Account Closed
  • Rental Property Investor
  • Florida
Replied

@Andrew Shepard Hey! I think you may be over looking it. In some areas, insurance may be higher because of flood zones but there is still plenty of room to find a good deal and make a profit. I have a STR right on Okaloosa Island near the water and insurance has not been a factor for me at all. Its a great area to invest and i would highly recommend it, let me know if there is any way i can help :)

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