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Updated about 7 years ago,

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Larneka Lavalais
  • Port Arthur, TX
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Investing in Flooded Home

Larneka Lavalais
  • Port Arthur, TX
Posted

Hello. I am new to all of this and eager to learn more to begin investing in rental properties. With that being said, I live in an area hit hard by Hurricane Harvey this year. As a result, a lot of people are selling their homes because its too expensive to repair and many homeowners are elderly and retired. I am interested in purchasing one of the homes. The owner is selling it as is and says it has been gutted. I will tour the home this weekend and she will quote me a price then. My question is, is this a wise investment for someone just starting out??

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