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A Wave of Zoning Law Changes Could Have Huge Impacts for Investors and Housing—Here’s What You Need to Know
The U.S. is facing a housing deficit of about 3.2 million units, and the situation is especially dire in urban areas like New York. It’s one of the reasons prospective homebuyers are finding […]
Do You Think It’s a Tough Time to Invest? It’s Not When You Can Get Deals Like This
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Multi-Family and Apartment Investing
HomeForumsMulti-Family and Apartment InvestingDealbreaker Flood Insurance ?
Sherman Dunn's profile image
Sherman Dunn's profile image
Sherman Dunn
  • Rental Property Investor
  • from Baton Rouge | New Orleans, LA
  • Member since Aug 13, 2018
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Sherman Dunn's profile image
Sherman Dunn's profile image
Sherman Dunn
  • Rental Property Investor
  • from Baton Rouge | New Orleans, LA
  • Member since Aug 13, 2018
Connect
Sherman Dunn
  • Rental Property Investor
  • Baton Rouge | New Orleans, LA
7
Votes |
51
Posts
Multi-Family and Apartment Investing

Dealbreaker Flood Insurance ?

Sherman Dunn
  • Rental Property Investor
  • Baton Rouge | New Orleans, LA
Posted Jan 16 2019, 12:35

At what point does flood insurance become a dealbreaker for you? -$25 cash flow a door? $50? Looking at a deal where the insurance on the building and flood insurance are identical, doubling that cost of insurance per year. What is your take on this?

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