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Updated about 5 years ago on . Most recent reply

Hilary Hill's profile image
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Hilary Hill
  • from Cypress, Texas
  • Member since Mar 14, 2018
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Hilary Hill's profile image
Hilary Hill's profile image
Hilary Hill
  • from Cypress, Texas
  • Member since Mar 14, 2018
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Hilary Hill
  • Cypress, TX
3
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Texas Real Estate Q&A Discussion Forum

Houston flooded home flips?

Hilary Hill
  • Cypress, TX
Posted

Harvey flooded houses (especially 1st time floods)... To flip or not to flip? Are you guys having any luck rehabbing flooded houses and selling them pretty easily?

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Jodi Gauthier's profile image
Jodi Gauthier's profile image
Jodi Gauthier
  • Real Estate Broker
  • from Houston, TX
  • Member since Aug 3, 2016
  • Posts 87
  • Votes 47
  • Experience 24 Yrs
  • Investments 12
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Jodi Gauthier's profile image
Jodi Gauthier's profile image
Jodi Gauthier
  • Real Estate Broker
  • from Houston, TX
  • Member since Aug 3, 2016
  • Posts 87
  • Votes 47
  • Experience 24 Yrs
  • Investments 12
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Jodi Gauthier
  • Real Estate Broker
  • Houston, TX
47
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87
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Jodi Gauthier
  • Real Estate Broker
  • Houston, TX
Replied

I've flipped two first time flood homes and sold them at 100% pre-Harvey ARV. I think it depends on location, quality of rehab work completed and if the home was properly remediate (TDI certificates, etc.)

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