Brian Burke
Flood insurance in Houston
I've heard in other forums from single family investors in Houston get flood insurance regardless of whether the property is within or outside the 500 year flood plane. I received a quote today for flood insurance on ...
Erick Sembrano
Flood Insurance - Anyone successful filing for Map Amendment?
We have a multifamily property that is in a designated A14 for flood zone and as such in a higher risk of flooding needing a flood insurance. We did not get a certificate of elevation via land survey before we bought ...
Jeremiah B.
Questions about Investing in a Flood Zone / Flood Plain
We just got a great deal under contract, with the one caveat being that it's in the 100 year flood zone. At a high level, this will be a buy-and-hold rental for us. The property is newer house (2001) and has never f...
Vance Wyly
Flood Zone Property?
First time post here. I found 3/2 1,700 sqft foreclosure. Asking price is 60k. Comps are 95-100k in the area. House is in good shape and needs a roof and interior paint. I was moving along and preparing my bid when I ...
David T.
Claiming against flood insurance.
Y'all,
we are looking at a deal that has an outstanding insurance claim of over $600k for flood damage which will be passed to us if we decide to buy.
This is a government flood insurance policy, does a...
Kevin Ro
Not sure what to do with Wet Lands in Atlanta GA
My partners and I just closed 108 units in GA a few weeks ago.I'm looking to see if there is an opportunity to re-purpose a section of our property which is in a flood zone. The area is already fenced off so it does ...
Jim Goebel
Building in Flood Zone Questions
Questions below
Approx how much extra does flood insurance run?In terms of building on the land (I'm an engineer) I'm wondering if there are major hurdles I should be aware of OTHER Than the increased costs of buildi...
Paul Deliso
Flood areas of Cape Coral FL
Hello BP,
I want to invest in a duplex and eventually make the move down to Florida.. I will be house hacking my first property, but first I have a major question about Cape Coral that I feel like I need more insi...
Edita D.
Flood insurance for Fort Worth/Dallas area?
Hey there investors of Fort Worth/Dallas!
Do you have flood insurance? I recently tried out Trulia's "Natural Hazards" feature, to discover that my rental is located in "moderate risk for flood" area in Fort ...
Jason Merchey
Commercial Questions!
I have a 6500' 2 story commercial project I am two weeks into my DD on. It's a real fixer upper - little updating for the last 20 years, leaking toilets, some old water damage from a leaking roof (I mean LEAKING). I c...