I was wondering if anyone has had any luck in the Houston/Katy area with flipping flooded homes due to Harvey. I have a feeling some are afraid to buy a house that was previously flooded, though if any of you have some insight on the topic I would greatly appreciate it!
Joshua, I was hopping someone will be more knowledgeable about this subject, I also live in Katy and am trying to see how the flood will be affecting home prices in the first half of 2018.
There is a meet-up in Jan 11, at 25495 katy Mills, I hope to find some answers there, you may want to attend, I'm sending you the link.
@Account Closed I also live in Katy. Any objection if I happen to attend? I would think if a home is bought in a none flood zone (even though it recently flooded) you wouldn't have nearly as much trouble selling. I'm new to the real estate investment world but plan on having my first deal before the end of March.
Originally posted by @David Olson :
@Elizabeth Galarza I also live in Katy. Any objection if I happen to attend? I would think if a home is bought in a none flood zone (even though it recently flooded) you wouldn't have nearly as much trouble selling. I'm new to the real estate investment world but plan on having my first deal before the end of March.
You're welcome to attend, I receiced an e-mail about this meet-up group meeting in Katy. I'm also looking to purchase a property asap, but want to be sure about the ARV after Harvey. Someone said to deduct 20% to the ARV number prior to Harvey! Hope to see you there.
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