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Updated about 2 years ago on . Most recent reply

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Justin Dziedzic
15
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48
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Deal located in flood zone

Justin Dziedzic
Posted

Hey all, I just found out that my deal is located in flood zone (the yard and parking in the 1% zone, the home itself in the .5%). Aside from the obvious of accounting for added insurance costs, can anyone with experience tell me if this has affected their being able to successfully rent out the home? Anything else to look out for? Appreciate it as always. 

Most Popular Reply

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519
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325
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Ben Scott
  • Property Manager
  • Oklahoma City, OK
325
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519
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Ben Scott
  • Property Manager
  • Oklahoma City, OK
Replied

I'd check to see if your state Landlord Tenant laws require an owner to alert the potential tenant of the flood zone and give them the option to purchase additional insurance coverage. 

  • Ben Scott
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