How do you deal with the threat of natural disasters, take the last hurricane (Michael) for an example how can you recover as an investor from a disaster like this?
Especially in Florida when every year (almost) they suffer this kind of threats.
As a flipper its very hard to find insurance company that will be ready to cover your house.
As a home owner for rental: How much will the insurance company will cover in case of total disaster like this? Is it the state responsibility?
Because in the whey that I see it, it's not the question of IF it’s the question of WHEN.
So, what do you think and how do deal with that?
I am working in Panama City in construction and was wondering how you all have been doing coping with this situation?