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23 January 2025 | 14 replies
You didn't mention the higher Florida insurance costs.
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2 February 2025 | 7 replies
Secure liability insurance to protect against lawsuits or property-related claims.
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17 January 2025 | 3 replies
2) Their contractor must be properly licensed and insured and we require copies of all this.
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8 February 2025 | 34 replies
The taxes and insurance sound like where we are in St Augustine and NY.
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29 January 2025 | 14 replies
Most Florida markets will share some dynamics though like taxes and insurance.
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7 February 2025 | 16 replies
IF you need 100% financing and lets say its $200k deal, the lender will be interest only at $150k at 12% = 1500/mo + taxes. insurance etc.
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28 January 2025 | 27 replies
Mgt, Landscape/Snow, tax, insurance, utility then debt service.
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1 February 2025 | 56 replies
That (and insurance issues) are two big risks.
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6 February 2025 | 7 replies
Make sure you talk with your insurance company on what you would need to faciliate these types of amenities in your rental.
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3 February 2025 | 4 replies
In addition, you would need enough working capital to pay for insurance (which will be going up a LOT in Los Angeles) and to pay for property taxes.Don't buy this unless you have substantial resources and a cash cushion to keep yourself safe.