So when analyzing potential investments in the flood plain, do you just factor in the cost of the flood insurance? Assuming two properties are in the same part of town, but one happens to be in the 100 yr floodplain a...
dear all, I am interested in a new build in this lot. But it is right in front of the community detention pond, could that be a problem? It is about 100 ft to the fence of the pond from the back of the house. Right no...
My friend just purchased a foreclosure. He's fixed it up and is now placing it back on the market to sell. He thought he was about to get an offer but when potential buyer called insurance agent, they told her it...
Going through a somewhat nightmare scenario on a recently purchased (3 weeks ago!) property in Indianapolis: They had a huge storm last night, and the house experienced both a power outage AND flash flooding leading t...
I just had an unfortunate experience with a rehab I’ve got going right now out of state. The contractor called to tell me there had been a break in and both brand new water heaters were stolen (it’s a duplex).
My que...
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 ...
I'm looking at a potential development deal and will be meeting the engineer who drew up some plans for the seller. Since developing land is new to me, I wanted to see what questions the experienced people would a...
Thanks for everyone who took the time to read this dumb post of mine. I was wondering some stuff for rehabbing to refinance and BRRRR my way into early retirement. I found this house on the MLS that's in a 6/10 floo...
Hey guys!
I came across an article about flood insurance soaring costs on CNN money. ( can't provide
a link since I am using the BP app).
How do you think this will affect rental properties located at high flood ris...
I have been a real estate investor for 8 years now and I have done dozens of flips and have a handful of rentals. I have always avoided properties with pools, creeks, or any form of water due to liability and maintena...