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Updated over 7 years ago on . Most recent reply

User Stats

226
Posts
96
Votes
Donald Hendricks
  • Investor
  • Clarksville, IN
96
Votes |
226
Posts

Hurricane Harvey has me sick... just sick

Donald Hendricks
  • Investor
  • Clarksville, IN
Posted

I received an email on Monday from the property management company that I use in Spring TX.  States that tenants evacuated as water was coming in the front door.  They have as of yet been unable to get to the property to assess the damage.  The house has been there since 1976 and had no flood history, so I did not opt to buy flood insurance.

I feel horrible for the tenants, and I have no clue what I am going to do with this house that I just renovated a year ago.  There is no way I will every make a penny on this property and it just might bankrupt me.  I am literally feeling ill stressing over this.  To top it off, I now live in Kentucky so i can't just hop in the car and make my way over there to do something... anything. I would go down there, but there are already enough people without a place to stay.  I feel helpless.

Most Popular Reply

User Stats

226
Posts
96
Votes
Donald Hendricks
  • Investor
  • Clarksville, IN
96
Votes |
226
Posts
Donald Hendricks
  • Investor
  • Clarksville, IN
Replied

UPDATE:  After a long week of waiting I finally got news that only the front bedroom took on water and they have a bid for $4500.00 to restore it.   Wow!  Dodged a bullet and I am so happy for that.  I will be obtaining flood insurance forthwith.

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