Should You Buy a Rental Property in a Flood Zone?


Should You Buy a Rental Property in a Flood Zone?

Before you purchase a rental property, you should thoroughly assess not only the property, but also the neighborhood and the market. One thing to consider is the possibility of natural disasters, including if the home is located in a flood zone.

In this video, I’ll discuss how to determine if a rental property is located in a flood zone. I’ll talk about evaluating FEMA maps, and how purchasing a home in a flood zone affects insurance costs.

This video is for you if you’ve ever wondered about purchasing a property in a flood zone! I’ll give you a straightforward opinion, but also share exceptions to the rule. I’ll share an example of a market that has great potential, but also high flood risk. Press play to learn more about flood zones for real estate investors!

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2 Responses to Should You Buy a Rental Property in a Flood Zone?

  1. Stephen H

    I'm using the next year or so to research about real estate investment (rental propertied) but a lot of friends are really advising me to not go in real estate because they themselves failed, because of the "risk" . I believe it's a good path but and by knowing the ins and outs you can do great. So Could you make a video on the top risks or reasons why people end up failing with rental properties and exits staretgies Incase something does go really bad.

  2. Rasheem R

    Thank you Clayton, your videos are very informative. I was thinking about Indianapolis to start investing but was not sure if that is the best area to start.