All Forum Posts by: Kenny Hollaway

Insurance going up is state wide. Making sure your property is getting the most credits on a wind mitigation report really helps keep the insurance prices down.

Sorry for the delay. I have all my properties through Noelle at Ricci insurance.  

 Adding hurricane clips lowered my properties new insurance policies about 30%. I’m in the Orlando area if you have questions. 

I work all over the state.  Florida is booming all over. Miami is always growing but I see a ton of growth in Sarasota, north Tampa, Jacksonville and Orlando. 

I’ve taken both routes for my properties in Jacksonville. While it was nice having a GC who handled everything for our rehab, it was expensive and still find ourselves having to manage the GC for completion dates. Currently doing a rehab ourselves and hiring subcontractors. It’s taking longer due to running a business at the same time but saving us money. Feel free to message if you need referrals. I have no issue with sharing the subs that I use in the area that have done well for me.

I use Ricci insurance for my multi family properties in Jax. They’ve been great so far!

I grew up in Cape Coral and moved out a couple years ago. Prices are climbing and so are the rents but Cape Coral was it hard in 2008 and I think that was due to, besides the nationwide reasons, the lack of businesses down there. I personally sold my property there recently and invested in Jacksonville FL. The numbers work a little better there and its a much larger city with tons of business growth so I feel a little safer if there was to be a large pull back on home value and rents.

I install hurricane clips on my rental properties in Jacksonville FL and after a new wind mitigation inspection it reduced my policies by more than 30%. 

I recommend all Florida investors to check with their insurance agents and make sure you are qualifying for a minimum of “clip credit” and if not ask what your savings would be if qualified. I have done roof to wall connection retrofitting for 7 years in south Florida before moving to central Florida and starting my own business. 

Feel free to message me if you have any questions because this is a savings not talked about too much.

Hi Sheri

I own a company that installs hurricane clips. Getting your roof to wall connection updated saved me over 30% on my policies on my rental properties. 

Kenny Hollaway