Flipper/Rehabber · Atlanta, GA · Member since 2016 · 55 posts · 19 votes
I am considering buying a vacation rental property in Daytona. Either STR or LTR. I've found a few properties out there that are extremely inexpensive. I know this does not always equate to quality, but I'm wondering why properties are so cheap in the area? Also, are there any good real estate agents in Daytona who are experienced working with investors, and have any insight on the area? Thanks!
Rental Property Investor · New York City, NY · Member since 2017 · 493 posts · 386 votes
7y
Some factors to consider in Daytona or anywhere close to the Coast is Insurance.. I suggest as you're researching Properties get in contact w a good insurance agent from the area to provide you quotes. That might explain the cheap prices you are encountering, might be offsetting high insurance costs...