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All Forum Posts by: Reva Gaster

Reva Gaster has started 1 posts and replied 1 times.

Post: Are older 1950s homes worth it even with the high insurance

Reva GasterPosted
  • New to Real Estate
  • Panama City, FL
  • Posts 1
  • Votes 0

I am looking at an older home to invest in to essentially turn into a MTR. I am just nervous about the home insurance as I have been hearing the home insurance on older Florida homes are between 3k-7k a year, specifically in the Panama City area. With the higher interest rates and high insurance rates, I feel like it can put me in the negative each month.