As Investors Flip Houses in Harvey-Affected Neighborhoods, New Renters Move in

As Harris County weighs flood control projects, long-time residents want to make sure new renters are on board.

By Davis LandAugust 6, 2018 9:30 am, , , , ,

From Houston Public Media:

In the months following Hurricane Harvey, homeowners had to make a choice: repair flooded properties with no assurance they wouldn’t flood again, or move somewhere else.

For those who moved, the decision was only made easier when real estate investors came to them with an opportunity. They had cash right then and right there. If you wanted to move, there was no need to wait on a buyout. It was a deal people thought was too good not to take.

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