Don't be shy to ask neighbors and friends living nearby if they have Flood Insurance and which company they purchased it from. Make sure to ask multiple questions from overall satisfaction, to reliability and rates. The best reviews are from the customers themselves as opposed to the company trying to sell their stuff.
Good opportunities do not come up every day, and when they do, you have to beat every other real estate investor to the punch. Yes, sometimes you can make money quick, but just expect it to be intermittently.
Lack of sales and poor customer relations - Know your clients and customers. Give them what they want, at a price you both can afford. Be the best in your market.
I had never considered how much time my family would spend in our basement until the theater room was finished. Now I can not imagine our home without this space. I also built my office into a corner of our basement home theater to have an additional amount of privacy from the regular traffic of the house.
How about you? What natural disasters could cause your problems? Have you taken even the smallest steps to prepare? If and how you survive depends on these answers. I have to tell you, I've been in more than one. I've been in a major flood, a large tornado, ice storms, a blizzard and Northridge. I don't want to do any of them again. However, for most, we were ready.
Failure to control costs - You must know the cost of doing business. How much does it cost to make your product or provide your service. Don't give away the store. Know your costs.
This is not by any means a comprehensive list of the zones. You can visit the NFIP online database on flood risk for the full list or await the 2nd part of this article for more information.