Hurricanes aren’t what’s driving up insurance rates in Florida.

What are the monthly taxes and insurance payments?

@Andrew CosmeYou should close just as if it was a normal sale and get a title company to create the loan docs, get title insurance and sell you the property.I strongly recommend you go through a title company and do not do a closing that was based on docs found online etc.

Hello everyone,I'm in the process of purchasing my first fourplex rental property, wondering what other investors in the area use for rental property insurance in the Cedar Rapids area.

With all the uncertainty going on with the world, with the wars in the middle east, longshoremen strikes, election in November, and potential for stock market and housing market crashes, should I hold off on purchasing real estate until the world is more "stable"?

House flipping requires time, experience, and cost management, while multi-family properties offer stable income streams.

You can deduct expenses like mortgage interest, property taxes, insurance, and repairs, as well as depreciation on the building (but not the land), which helps reduce your taxable rental income.If you refinance, any interest paid on the new loan would also be deductible.

So for these locations, leasing to a car lot is a “tax payer”; no cash flow just enough rent to cover the insurance and property taxes and perhaps a moderate loan service.  

I would say try Facebook market local groups and other mid term rentals for people who are looking to stay for 3 to 6 months due to insurance claims.

It's what I would describe as a very steady, stable market.