Monthly Archives for November 2017

Buying and Flipping a Flooded House in Houston

In August 2017, Houston experienced the worst natural disaster to hit the area: Hurricane Harvey. FEMA calculated that approximately 190,000 homes were damaged or destroyed by the historic hurricane, and many of the flooded houses are being put on the market. Investors are questioning how to proceed in this post-devastation real estate market, contemplating the value of flipping a flooded house. By taking into consideration a buying and holding strategy, being conservative in your valuations, and carefully watching your numbers, Read More