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Updated over 6 years ago on . Most recent reply

User Stats

17
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2
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Tomer Amir
  • Fort Lauderdale, FL
2
Votes |
17
Posts

How do you deal with natural disasters?

Tomer Amir
  • Fort Lauderdale, FL
Posted

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?

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