Charles Soper
High-rise vs. Garden Style
A broker recently sent me an OM for a 100+ unit 7 or 8 story high-rise apartment building. I’ve not stopped to consider the major differences in this style of property vs. a garden style community of multiple buildin...
Dimple Gajra
Cape Coral, Fl flood guidance
Hi BP,
I was surveying Cape coral market. I realized the risk of flood in that area is very high. Is it a good idea to invest in such an area? Should it be okay if I have insurance, do they cover floods? Did anyone l...
Kevin Nguyen
How will flooding from Harvey affect your investing strategy now?
Even houses in 500 year flood plain areas (0.2% chance of flood per year) flooded! Just by terrible luck, these areas flooded even though flood maps showed the risk was minuscule. Maybe these maps were wrong. Maybe ...
Nico C.
Flood Insurance Blues
I have multiple properties in a FEMA Rated "minimal flood risk" zone - but still in Virginia Beach, VA. VB experiences all the joys of a hurricane prone area as well as the weather irregularities of the southern east ...
Consuela Adams
Flood Zone- Flood Insurance
Question for new builders-, if a buildable lot is In the flood zone could a new foundation be built on cement blocks and if so would the property still need flood insurance? This lot is near a creek.
David Krulac
Flood Insurance rates rise January 1, 2014 under Federal law
The Biggert-Waters Flood Insurance Reform Act of 2012 goes into effect Jan, 2014. The signature Waters of the Act is Congress Person Maxine Water.
The Federal flood insurance program has been operating in th...
Brian Walsh
Flood Zone
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.
Kiran Kumar
German Schmear applied without mention in contract
My builder (in Texas) applied german schmear on the front elevation (brick) of our new house under contract without our knowledge. The elevation looks rustic and we don't like it at all. When asked the sales agent sai...
Weng L.
What is the criteria to change flood zone of a property
I am buying a new construction at flood zone AH. I learned that if the property meets certain criteria, you can request FEMA to remove it from high risk flood zone. But I can't find what criteria needs to be met in or...
Ryan Wamsat
Corpus Christi - BFE9
I'm considering purchasing a house for rent in Corpus Christi, on Padre Island. I'm trying to research flood plains to assess the risk associated. This house is in a BFE9 area. I would appreciate it if someone coul...