Improper water drainage poses significant risks to a property’s structural integrity, impacting both its foundation and the condition of interior walls. Improper water drainage is also a contributing factor in
Fires are one of the most sudden, destructive, and deadly losses we see on claims. Regular inspections, fire suppression tools, and emergency planning are all crucial components of fire safety.
Natural disasters don’t wait on humans to be ready to respond. This Investor Hurricane Preparation Checklist is designed to help investors develop a maintenance plan that will give their property
The best time to prepare is before hurricane season begins. Renters need to take certain precautions to ensure the safety of everyone at the property and their belongings. Share the
Autumn is nature’s signal to begin wrapping up outdoor work and start preparing properties for colder weather. For those who invest in areas with warmer climates, it’s a time to
Our thoughts are with all of those who were affected by Hurricane Ian.
Unfortunately, some unethical individuals wish to take advantage of those who have just suffered a loss. Service providers may attempt to exploit your clients’ difficult situation by pressuring them into signing an unread contract and inflating repair costs.
If your investor clients have properties in coastal locations, it might not always be clear if they have coverage when a tropical storm or hurricane passes through. Damage may occur because of the force of winds, rain driven by those winds, storm surge, and flooding. Some carriers get very specific about separating these coverages versus covering damage occurring in one storm event under the Named Storm peril.
The New Year is all about self-improvement. And though some people dread New Year’s resolutions, real estate investors salivate at the sound of “new”. After all, real estate investors improve things for a living. Now, improvement is wonderful, but all this betterment does take planning.
Tenants are likely hosting friends and family for the holidays. And if they are not attentive to the finer details, a cooking fire can occur, or someone may be injured on the icy front steps. Share these 10 key factors with your investors to encourage tenant safety, avoid holiday liability, and ensure your investor client’s properties don’t get damaged during the jolly season.
Though hurricanes often come with some warning, preparing properties and tenants well in advance is of the utmost importance. Natural disasters don’t wait on humans to be ready to respond. Being ready can help lessen the stress of an emergency situation. Heeding the tips below could save real estate investors thousands of dollars, and may even save a life.
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