Kevin Coggins
Valuing investments in a flood plain
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...
Mike Bower
New flooding in basement of Jersey City brownstone. No flood zone. What to do?
Hey BP Community,I own a condo in a downtown Jersey City brownstone close to Grove Street. The building is not in a flood zone and has no history (that I'm aware of) of flooding in the past 2.5 - 3 years I've owned it...
Asad Muslim
First time home buyer for personal use withWater Damage
Hi everyone I am not an investor just a first time home buyer for personal use. We found a single family home in Riverside CA. Seller did not disclose any water damage but the insurance says there was a water damage c...
Robin Edwards
Flood, or not to Flood, That is the Question!
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...
Ralph Dicharry
Flooded Houses in Louisiana
Hi BP community! Just looking to get a little help on flooded houses in Baton Rouge and surrounding areas. I've been presented with 2 really good opportunities on flooded homes that took on 7' of water but I think I...
Greg S.
Concerns about rehabbing a flood damaged house?
Hello everyone. I am a beginning real estate investor from NJ and am currently mailing to probates and out of state owners. The area I live in was pretty heavily hit by Hurricane Sandy. I'm about 5 miles from Seasi...
Ben Nantell
Basement Flooding / Sewer Back Up
Hey Y'all,
Wondering if anyone in here has had experience with back flow flood prevention systems? I had one installed 3 months ago at my property in Chicago. Recently due to the heavy rain my basement flooded agai...
Rick Baggenstoss
Tenant claiming water damage
After flooding rains in GA, an unfinished basement flooded. The tenant wants me to pay for her damages after basement flooding.
Insurance doesn't cover it. My lease states I'm not liable. Her claimed damages inc...
Jason E.
Hurricane Harvey and Rent
Im in area affected by Hurricane Harvey. We do have electricity. We have no water and the roads are seriously flooded and the roads out of town are closed or cross at heavy risk. I have a few single family home ren...
Account Closed
Under Contract and Basement Flooded. Now what?
We're under contract on a primary and we were just notified that the basement flooded. The entire basement has a sheet of water after an unprecedented heavy storm. Sellers sent photos through our attorney. What kind o...