Updated over 1 year ago on . Most recent reply
HOI on investment home that's paid off
What recommendations do you have for insurance on a triplex that's paid off in Miami, FL? As you know the rates in Florida are out of control. Some people have opted for no insurance while others have opted for fire protection only.
Most Popular Reply
Bill B.
#3 1031 Exchanges Contributor
#3 1031 Exchanges Contributor
- Investor
- Las Vegas, NV
If you’re even considering this look around for something with a $10-$20k deductible and see if you can cut it in half. I’d rather sell than go without any insurance. Everyone talks a big game until they lose a couple hundred thousand to save $20k.