BUSINESS FUNDAMENTALS
RISK MITIGATION
In Front of the Storm
PREPARING YOUR PROPERTY FOR SEVERE WEATHER.
by BreAnn Stephenson
A
ccording to the National Oce- anic and Atmospheric Admin-
fers for you, how you can keep your investment protected, and how you can prevent injuries.
help is simply connecting renters with reliable resources like the Red Cross or FEMA. To keep tenants safe, emphasize the importance of following evacuation orders given by local authorities.
istration (NOAA), mid-to-late June brings a higher probability of severe weather across much of the contig- uous United States. As a real estate investor, you have some unique challenges in readying a proper- ty that you own, but don’t inhabit (unless you’re “house hacking”), for these conditions. Let’s explore how severe weather preparedness dif-
PRIORITY NUMBER ONE – KEEPING OCCUPANTS SAFE If you have rental properties, you or your property manager will need to be prepared to contact your ten- ants and vice versa should there be an emergency. Sometimes the best
SPECIFIC PREPARATION FOR COMMON SEVERE WEATHER HAZARDS The U.S. has approximately 15
58 | think realty magazine :: may / june 2019
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