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Natural Disasters: What Gilbert Rental Property Owners Need to Know

Gilbert Rental Property After a Major FloodAll across the land, natural disasters are known to strike with little to no warning. Hurricanes, tornados, wildfires, flash floods, and the like can cause damages to houses and lives from every corner of the country. For Gilbert rental property owners, understanding what has to done – and who can be counted on – in the event that one of your houses is harmed by a storm, fire or flood is a vital component in ensuring the safety of your renters and allowing them to get back on one’s feet after a disaster.

Start planning for disaster recovery now. Postponing making a recovery plan until after a disaster has occurred can have severe consequences on the recovery process. It is a good idea to plan ahead in order to lessen the severity that the weather has to offer. In addition to fulfilling a detailed assessment of your buildings to determine the natural disaster threat level associated with each one, procuring good insurance coverage is also a priority. To ensure that each rental property is in good shape, it ought to be carefully surveilled – including the robustness of retaining walls, the peril of tall trees, and other likely obstacles.

If your rental building is harmed in a natural disaster, you must first check on your tenants and confirm they are all right. The damage to your property would then be thoroughly documented and photographed, and the appropriate authorities and insurance companies spoken to. If the damages are life-threatening, your tenants would be in need of alternative housing through their insurance carrier, and inspectors and contractors must be hired immediately in order to estimate the cost of and time need for repairs.

Engaging a property management company you can trust in is your foremost and most sensible way to go for a fast recovery. Long before a natural disaster seems imminent, Real Property Management East Valley will help you determine the threat level for your rental home and create an action plan to help mitigate the damage. Our company will check on your resident’s, assess property damage, take photos, and send you the information you need to get your recovery underway whenever disaster strikes. They will make certain that inspectors and contractors are fully licensed and insured, work with renters with relocation and temporary housing when necessary, and be in contact with your insurance company every step of the way.

Because of these reasons, Real Property Management East Valley is the expert, reputable option for all of your property management requirements in Gilbert and nearby locations. Please contact us online or by phone at 480-981-7000 for more information.