Investing in Real Estate after Natural Disasters
With the onslaught of Hurricane Florence, I'm interested in learning about if anyone has invested in real estate (single family, multi or any other product type) after a natural disaster. Assuming that a couple of people have some background doing this in Florida, Houston, NOLA, etc. The following are what I would be interested in learning about:
- If you have done this, was your investment successful (financially and in building back the community)?
- What was your investment philosophy (in terms of geography, product type, etc)?
- What were the core issues you faced?
- Any other anecdotes related to the topic.
Greatly appreciate your responses.
bump
Merchant build multifamily gives one speed to execution, and homes are typically the first things to go when a disaster hits. I recall when Harvey hit Houston, there was a boom for multi because of the displacement that occurred due to homes being lost.
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