When it comes to harsh weather and natural disasters, the unexpected is becoming more common. Hurricanes, floods, tornadoes, and storms have battered investment property from coast to coast—with no signs of slowing down.
Preparing Investment Properties for Extreme Weather
Topics: Property Management Solutions, Master Real Estate Insurance Policy, Tenant Liability, Rental Property, Investment Property, Hurricane Preparedness
Real Estate Investors Must Prepare for Above-Average Hurricane Season
Hurricane season is upon us, and this year’s storms look set to be more powerful than average. Researchers at Colorado State University have predicted 17 storms between June 1 and November 30, four of which are set to sustain winds of at least 111 miles per hour.
Topics: Hurricane Preparedness, Investor
Hurricane Preparedness Tips for Real Estate Investors
Here comes yet another Hurricane Season.
On August 5th, the Department of Atmospheric Sciences at Colorado State University increased its forecast for the 2020 Atlantic hurricane season to “extremely active.” According to their report, they predict “an above-normal probability for major hurricanes making landfall along the continental United States coastline.” Unfortunately, it only takes one storm to cause physical substantial and financial damage.
Topics: Asset Protection, Master Real Estate Insurance Policy, Tenant Liability, Investment Property, Hurricane Preparedness