Walnut Street Finance Blog

Is Your Investment Property Ready for Hurricane Florence?

Posted by Walnut Street Finance Team on Sep 13, 2018 12:51:37 PM

Hurricane Florence is quickly approaching the Carolinas and Southern Virginia area. However, that doesn't mean that surrounding areas will not be affected as well. Have you taken the necessary measures to minimize the damage to your investment property?

Are you ready for Hurricane Florence  

When a hurricane is forecasted, most of the attention understandably goes to the areas where direct landfall is predicted. However, the impact of such immense and powerful storms will spread far beyond the center of the storm. Hurricane Florence was over 370 miles wide as of Wednesday. That leaves a lot of room for the unexpected.

Whether you're north, south or inland from the storm, here are a few tips to help you protect your investment before a natural disaster heads your way:

  • Trim damaged tree limbs and branches (especially near power lines)
  • Clean rain gutters to allow water to safely drain away from the property
  • Secure loose items that need to remaining outdoors
  • If possible, store outdoor items and renovation materials indoors
  • Get sandbags if in a flood prone area
  • Unplug electrical appliances and elevate anything electrical
  • Turn off and store propane tanks
  • Shut off the main water, gas and electric lines
  • Secure all doors and windows
  • Take an inventory of the condition of items inside and outside of your property (take plenty of photos and videos to document it all)
  • Keep a copy of your insurance policy and other important documents with contact numbers with you in a secure and dry place
  • If you plan to evacuate, make sure to inform a trusted contact of your plans and whereabouts

Preparation is key. Even if you won't be directly affected by Hurricane Florence, having a natural disaster safety and preparedness plan is important not just for your family home, but for your investments as well.

As always, your first priority should be to keep you and your family safe. Please take the necessary precautions to ensure your safety over the next few days. And if you need us during or after the storm, please don’t hesitate to contact us.

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Topics: Fix And Flip Advice

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