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Will Davidson/Williamson Co investors buy in flood zones?
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Have 2 rentals in a flood plain. Flood insurance currently $700 per year each. Subsidy to FEMA is going bye-bye so got a quote on new number. Flood could go as high as $3800 per property. $300 per month just e...
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The post on flood insurance reminded me of a deal I passed on last week. I was looking for a property to rehab and was contacted by a (investment realty firm) that markets property they find to investors. They ha...
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We are looking at a house (a long term hold) to purchase. I found out that it is in a flood zone. Would you buy it ? I would appreciate any feedback against of for buying it.
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Thoughts on buying rental properties that have flood damage . I’m going the rehab and rent route so the maintenance isn’t the issue for me. Just wondering is I should stray away from buying properties that have floode...
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The county board of supervisors has implemented an eviction moratorium on the flood zones while at the same time tagging units as uninhabitable. The attorney in the linked article claims the LL must foot the bill for...
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BP - I live in Houston, TX, and unless you have been living under a rock, you have heard about widespread flooding from Hurricane Harvey. I personally did not flood, but there are neighborhoods that have been heavily...
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Hi everyone. We're looking at a property we're thinking about buying that is located in a Flood Hazard area (as designated by FEMA). However the owner of the house next door was able to get a flood elevation certif...
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Hello BP,
I am purchasing an investment property from the owner himself, who is also an investor. He is requiring the flood insurance to be paid for the year at closing but the property is not in a floodplain. In fac...
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Hey Everyone,I was looking at buying two "good" deals in Center Point, AL this week when I noticed that both were in a big flood plane. The addresses are: 701 Sunny Lane Drive NE Center Point, AL 35215720 Earline St...