Joel Miller
New Build - Flood Zone/plain
Hey all, I’m under contract for a building lot in a AE Flood zone. I’m wondering how to structure my foundation. Should I do a raised foundation, engineered flood openings, or fill dirt and do a normal crawlspace. I’m...
Char Silk
Would you buy a rental in a flood zone?
Hi y’all ! I am looking at making an offer on a rental. List price at $57k. Offer $28,500. It’s in a flood zone. Should rent for $800. What do you all think?
Huiping S.
FEMA, home insurance and Iram related damage.
Saw somebody said this "FEMA will loan the money for you to rebuild your home but you need to pay back this money to FEMA".
My question are:
1. If my property will be damaged from Irma, which part can I claim from ho...
Gary Lawson
Rental Property Yard is Flooding
Good Morning!I have a single family home that I purchased in Southeast Michigan in January 2018. I have a tenant in there now, and am working with a property manager due to the fact that I do not live in Michigan. T...
Richard Miller
Did the duplex you're selling really only flood once?
So I found a duplex I'm interested in but noticed sandbags laying around so I asked the realtor if the duplex had ever flooded she stated it did in 2016 during a once-in-a-lifetime rain. Because it's in a rural area I...
Gayle Eisner
Climate Change & Ocean Property
Hi all:I own a coastal property in Moss Landing, CA that is currently rented and is an investment for me. It is paid for and is one block from the beach at an elevation of only 17 feet above sea level. It has not ha...
Chad Rainwater
Tub Overflow
I realize this question may not be the pressing issue of the week but if a tenant overflowed the tub while filling it up and water came through the first floor ceiling, what is the normal landlord action to take? Do ...
Leonid Solomonik
Buying properties in FEMA flood zone
Hi everyone,
Has anyone dealt with purchasing properties in FEMA declared flood zone? Any word of advise besides additional expense on flood insurance. Many properties in CO got flooded last summer and were c...
Dana Walker
Post Hurricane Real Estate Buys
Have you ever purchased a unit just after a hurricane with water damage? Have the repair costs on water damage been small enough to justify the purchase with profit once the local market recovers? We just bought a uni...
Jose Sarabia
Tri-plex problems, flip?
im so stressed out right now, i have a tri-plex , basement,main, top, my main is all gutted out, and my plan was to redo everything, and rewire will cost me 5500.00 just for the main floor, but im having second though...