Flooded Houses in Louisiana

[Ralph Dicharry]

Hi BP family

Living in Louisiana I'm beginning to receive calls about people wanting to get rid of their flooded houses from the 2016 flood.  I have never thought about flooded properties before so I decided to reach out to my BP family for advice.  

As buyers of investment properties, is this an area I would want to dive into to wholesale to buyers?  I guess my question is do you as investors have an interest in repairing flooded properties if I decide to wholesale them?

[Robert Leonard]

I have to say Mr. Thakkar, you have no idea of the resilience of the people of Louisiana.  If you feel that "South Louisiana will become Ghost Town like Michigan" it's okay, you just don't understand how this type of adversity only makes us stronger than if this never happened.  The shared struggle will in no uncertain terms lead to the shared triumph on the other side of this situation for us.

Katrina was a once in a lifetime event for those who weren't born before Hurricane Audrey in the 1960s.  Who do you speak for when you say "people are tired of the flooding issue?"  Flooding, tornadoes, earthquakes, snow and ice storms, wildfires etc, - disasters happen all over the country.  There's nowhere to run to and NO THANKS, but we're not looking for anywhere to run.