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Updated almost 8 years ago on .

User Stats

83
Posts
17
Votes
Cody Jensen
  • Colonia, NJ
17
Votes |
83
Posts

Investing On The Coasts

Cody Jensen
  • Colonia, NJ
Posted

Have you ever had or have properties that are located on the coasts in shore towns? Specifically where the property is blocks from the ocean?

I see some of the FEMA maps say that the whole city is a "flood zone" yet a ton of people still hold on to these properties and claim they are good investments.

How do you manage? Is there money to be made? I feel the second a huge storm hits, your insurance company will be your best friend and you will be out for a long time.

How do you manage owning a rental property in shore towns, dealing with water and freak actions of mother nature.

Thanks,

Cody