It’s Florida. People aren’t interested in paying huge sums to live in a Republican paradise that floods where you can’t get a mortgage because you can’t get home insurance.
The play is to buy the property with cash and be a landlord, renting to the people who work in Florida and can’t buy a house. Florida probably has another 10 to 25 years before the beach fronts get submerged, which is a lot of rent money that will reimburse the buying price of the property.
When Florida finally loses to the sea, apply for government aid and get extra money as a lump sum for a property which has been paid for in full.
It’s Florida. People aren’t interested in paying huge sums to live in a Republican paradise that floods where you can’t get a mortgage because you can’t get home insurance.
The play is to buy the property with cash and be a landlord, renting to the people who work in Florida and can’t buy a house. Florida probably has another 10 to 25 years before the beach fronts get submerged, which is a lot of rent money that will reimburse the buying price of the property.
When Florida finally loses to the sea, apply for government aid and get extra money as a lump sum for a property which has been paid for in full.