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Results (4788)
Account Closed Under Contract and Basement Flooded. Now what?
14 July 2021 | 52 replies

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...

Mohammed Elzagha Creek running through backyard
16 February 2020 | 11 replies

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...

Sharad M. Any issues with buying a property in flood zone?
9 March 2011 | 7 replies

Hello all,

I am looking to purchase a property to fix and flip. The property is located in flood zone. Are there any issues with it besides the buyer needing to get flood insurance on it?

Another question I have is ...

Emily Powell Houston Investors...Did you/do you now have flood insurance?
17 July 2018 | 26 replies

Houston investors... I currently own 4 SFRs in the Houston area.  I was very lucky and walked away with minimal damage following Harvey.  But I'm wondering whether this should be a wake-up call to get flood insurance ...

Michael Blankenship Impact of NC Flooding on Local Rental Market Properties
21 October 2016 | 4 replies

Hello BP'ers - I am considering purchasing a rental property in the Charlotte-Raleigh-Durham area but have grown concerned over the level of flooding in the local area.  I would love to hear what local investors / res...

Rachel Fazio Flooded Basement - Debris Cleanup
7 October 2020 | 1 reply

I am currently renting a single family home in Maryland. Back in July, there was a storm that caused over 18” of water to flood the basement. For some background info, we informed our landlord immediately and they dro...

Kenneth Picha Any tips on what to look for on a flooded basement
26 August 2015 | 5 replies

Hi,I will be doing a walk through of a HUD home with a flooded basement.  The basement flooded because the electricity was cut to the house during a storm.  The basement has not flooded since then.  I will be doing a ...

Isaac S. Analyzing home in or near a flood zone
7 December 2015 | 6 replies

I am looking at a few multi-family properties for buy and hold in Clifton, NJ. They are near the Passaic river flood zone based on a few flood maps that I checked.

I don't know if they were affected in the past, but ...

Ned J. Hurricaine Harvey in Texas
1 September 2017 | 16 replies

Holly crap.... the devastation is mind blowing.I was curious if any of the BP REI community is being effected by the disaster.....either personally or your investments in that area...I have a SFR in Kingwood....north ...

Rama Gangadharan Can we buy a property 2 miles away from a reservoir?
13 September 2020 | 7 replies

Hi, We just saw a property near a reservoir which is 2 miles away. Need to know is it safe to proceed with that property? Does it cause any issues during flooding?