All Forum Posts by: Jordan Diaz

@Edgar Rodriguez 

I am looking at single family homes and small multifamily (2-4 units).  The majority of the properties I am looking at are built in 1930's-1960's, so they are older. I have spoken to an insurance agent in the area who stated the biggest factor is the age of the property, which in my case, is pretty old.

I appreciate the input from everyone! 

Hey BP folks!  I am looking to purchase my first rental property in the St. Petersburg or Tampa area in Florida. I was curious how everyone estimates their home insurance costs? I am looking into areas that DO NOT require flood insurance, so I can eliminate that, but I still find the home insurance cost is my biggest variable when analyzing deals.  I am currently using $2400/year when analyzing. Can anyone let me know their advice, suggestions, personal experience. Thanks! 

Also, as mentioned I am looking to invest in those above areas so if anyone is currently investing in long term rentals in that area I'd love to have an opportunity to speak with you! Greatly appreciated everyone!