The National Hurricane Center is warning that Hurricane Florence, a Category 4 storm off the East Coast of the United States, will hit the Southeastern U.S. late this week. Although forecasters predict the hurricane will hit North Carolina first, its tail includes parts of Virginia, South Carolina, and Georgia. While not all areas will experience hurricane-level winds and rain, there is still the possibility for substantial rainfall.

Only four Category 4 hurricanes have made landfall north of Florida since 1851—the year this statistic was first recorded. North Carolina, South Carolina, and Virginia have all declared states of emergency. Residents are urged to fortify homes and gather supplies as well as prepare for possible evacuation orders.

Protecting Investment Properties

Real estate investors protecting investment properties from potential water damage face different challenges than homeowners living in owner-occupied properties. Things like insurance coverage, making claims, and accomplishing repairs could all prove tedious in the event of a property experiencing storm damage.

According to Affinity Loss Prevention Services (ALPS) “Hurricane Preparation Tips,” landlords may wish to issue additional warnings to tenants. Messages could include directing them to official guidance on preparing for the hurricane and how to evacuate. ALPS also suggests securing loose gutters and downspouts, clearing clogged gutters, covering windows, and checking the backup battery on sump pumps. Additionally, ALPS provides a list of suggested materials for a disaster-related “go bag” to keep on hand in case of a last-minute evacuation. These items include:

  • A hand-crank can opener
  • Petty cash
  • Keys to your house
  • Cell phones and battery-operated chargers
  • Food and water
  • Pet food and water
  • Battery-powered radio
  • Flashlights
  • Eyeglasses
  • Prescription medication
Categories | Article | Market & Trends
  • Think Realty

    We believe in the positive, life-changing impact of real estate investing. Our mission is to help investors achieve their goals to build wealth, better manage time, and live a life full of purpose.

Related Posts

0 Comments

Submit a Comment