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All Forum Posts by: Ryan Jones

Ryan Jones has started 1 posts and replied 2 times.

Post: Why do investors buy flooded homes?

Ryan JonesPosted
  • Houston, TX
  • Posts 2
  • Votes 1

Maybe my question is not clear enough. What is the exit strategy for a flooded home from an investor's perspective?

Post: Why do investors buy flooded homes?

Ryan JonesPosted
  • Houston, TX
  • Posts 2
  • Votes 1

I'm curious why investors would want to buy a flooded home? Here in Houston we are seeing a demand (still small, but growing) for flooded homes. I wholesale and rent, but I'm confused why someone would want a home that has flooded. Even more confused why someone would want a home that was flooded more than once.