Jason Schmitt, May 9, 2014. My own property nightmare.
Real Property Management: Your First Line of Defense Against Natural Disaster
Disaster can strike at any time, so it is vital that you and your property are prepared. Jason Schmitt owner of Real Property Management in Coeur d’Alene provided his advice on ways property owners can prevent damage and how Real Property Management can help you recover from the aftermath of a disaster. Our own home burned down in October of 2009. The fire struck with unbelievable speed and devastation.
How can property owners prepare for natural disasters like earthquakes, fires and floods?
Knowledge is the key to minimizing potential damage to your home. The first step is identifying which potential disasters are prevalent in the area of your property. In the deserts of California, owners have various concerns including earthquakes, fire and mudslides.
In the Southeast, hurricanes are an issue, while the Midwest faces tornadoes. Your local Real Property Management office can assist you in determining the threat level and provide options to help.
How does Real Property Management help owners prepare for disasters?
A typical disaster strikes without notice, so making sure you have the proper insurance and customer contact information, mitigation on site (retaining walls, weed clearance, etc.) and a good support team are all keys to being prepared. Dealing with the insurance company alone can itself be traumatic. Make sure you have pictures/videos of everything within the home, especially the cabinets, flooring, and appliances. (We always take pictures/videos of the home prior to listing it). Trying to remember after your home is destroyed/damaged is hard, especially when you are still basically in shock. Insurance companies are notorious for wanting a list “as soon as possible” after the event.
Real Property Management can help you create an action plan that addresses the common threats in your area. It could be as simple as clearing brush, checking rafter vents or upgrading retaining walls, but a plan helps owners address issues and have peace of mind.
How does Real Property Management help owners recover from disasters?
Dealing with insurance companies, inspections and contractors (and ensuring they are properly licensed and insured), on top of dealing with tenants, possible relocation and all the other issues that come with recovering from a disaster can be very overwhelming.
Since we have also been through a natural disaster we are well aware of the emotional toll it can take. Your Real Property Management office takes the load off your shoulders by meeting inspectors and contractors, coordinating with the insurance companies and assisting tenants.
When it comes to protecting your rental property and assets, Real Property Management is your first line of defense. In the event of a natural disaster, we allow you to focus on the aftermath in your personal life without the added stress of recovering your property from damage.
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