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Ernest D.'s profile image
Ernest D.'s profile image
Ernest D.
  • from La Porte, TX
  • Member since Dec 29, 2014

User Stats

25
Posts
5
Votes
Ernest D.'s profile image
Ernest D.'s profile image
Ernest D.
  • from La Porte, TX
  • Member since Dec 29, 2014
Ernest D.
  • La Porte, TX
5
Votes |
25
Posts
Buying & Selling Real Estate

Buying In Flood Zone - Need Help - Houston - Clear Lake

Ernest D.
  • La Porte, TX
Posted

Hello BP,

Im seeking recent information about buying a rental property in a Flood Zone AE.

After research, It appears that FEMA has control over premiums for flood insurance and was set out to increase premiums over the course of 5 years.

Is this in effect? Can anyone chime in with their experience with this? Is there any way to project the future of flood insurance premiums/cost?

I can use all the help that I can get on this. Local investors experience would be a plus.

Regards,

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