Starting Out
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 6 years ago,
Investing On The Coasts
Have you ever had or have properties that are located on the coasts in shore towns? Specifically where the property is blocks from the ocean?
I see some of the FEMA maps say that the whole city is a "flood zone" yet a ton of people still hold on to these properties and claim they are good investments.
How do you manage? Is there money to be made? I feel the second a huge storm hits, your insurance company will be your best friend and you will be out for a long time.
How do you manage owning a rental property in shore towns, dealing with water and freak actions of mother nature.
Thanks,
Cody