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Updated over 6 years ago on . Most recent reply

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Raymond Stead II
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Buying After Disaster

Raymond Stead II
Posted

How many of you have invested after disasters such as hurricanes?

What are some things to look out for?

How long and far are home prices depressed for?

Do you have any tips, tricks or suggestions?

Thanks in advance!

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Karl B.
  • Rental Property Investor
  • Erie, PA
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Karl B.
  • Rental Property Investor
  • Erie, PA
Replied

Months ago, my mom told me about an article she read about a guy who would buy properties in areas that had recently been hit by disasters and then flip them for profit (often with minimal work and money spent). So there are people who do it. 

Here's an old BP thread dealing with your question: 

https://www.biggerpockets.com/forums/311/topics/485427-how-do-you-ethically-invest-in-a-disaster-zone

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