Logan Hartle
Mobile Home Park In Floodplain
Has anyone purchased a park that is partially or fully in a floodplain?I am looking at a park that has great cashflow potential but is partially in floodplain.
Peter Volk
Folly Beach SC - Totem Pole House
Investment Info:
Single-family residence other investment in Folly Beach.
Purchase price: $410,000
Cash invested: $80,000
Sale price: $520,000
House Hack - Lived on the beach for 2+ years, fixed ...
Jamie Young
Would a flood plain shake you out of an otherwise solid deal?
Hi All,First time posting, but long time reader here. I have an opportunity to buy a fully remodeled 3 bed, 1 bath for $64K. It is tax assessed at $94K. My intention is to hold the property long term as a rental. Avg ...
Braxton Palmer
Home in Flood Plain - Deal breaker?
Hey guys! I am currently under contract to buy a home in Arizona. The home within close distance to a street that is designated as a flood plain AE which has a 1% of flood annually and is high- risk. Have any of you r...
Elisha Keller
Newbie Question #9: Dealing with Tough Situation
Good morning BP,
So I've been reading post and it seems like everyone has a horror story; however, I'm looking for a twist on these tales. The newbie question of the day is:
What was the hardest situati...
Lisa T.
Floodplain Property Required
We have found a potential investment property but it's in a floodplain. This property has not been updated much at all so there are no visual signs of flooding and the seller said that it hasn't ever flooded ( his par...
Jenny D.
Floodplain, Tear Down, Rebuild Questions
BP Community...I've tracked down a prime piece of land in a coveted neighborhood in Austin, TX. There is a vacant house on the land that that is a tear down. Discovered the land is in a flood plain in conversation wi...
Zac Lahrman
Chicago Northwest Suburbs (House Hack)
Hello BP forums, I am a new investor (From the Chicagoland Area) looking to buy a house by the end of this year to house hack. Right now I am looking around the Arlington Heights/Des Plaines area since that works best...
Andres Perez
Buying a SFH New Construction with lot partially in floodplain
Hi BP!
I am under contract for a new construction SFH in Denison, Texas (purchasing as a rental). The property is very nice but I recently found out that part of the lot is in 100yr floodplain. The actual constructio...
John Jabson
Flood Insurance
We are 3 days away from closing and I get a paper that lists the things that I need to bring to closing. No problem until I see, "This property is in a special flood area" and you need "proof of flood insurance."
Th...