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Can You Truly Prepare For a Storm?

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Manage episode 444175124 series 2084625
Conteúdo fornecido por Victor Menasce. Todo o conteúdo do podcast, incluindo episódios, gráficos e descrições de podcast, é carregado e fornecido diretamente por Victor Menasce ou por seu parceiro de plataforma de podcast. Se você acredita que alguém está usando seu trabalho protegido por direitos autorais sem sua permissão, siga o processo descrito aqui https://pt.player.fm/legal.

A few weeks ago I did an episode on hurricane preparation. Great ideas for storm preparation are fantastic until reality sets in.

Hurricane Milton is scheduled to make landfall in Florida on Thursday. The storm will weaken as it makes landfall. However the size of the storm is such that traversing the land of the state of Florida will not take that much energy out of the storm by the time it reaches the Atlantic coast. Properties along the Gulf coast definitely need to expect a severe storm. But central Florida which is inland also needs to be prepared.

This hurricane is so intense that our team had to make a priority decision between evacuation or additional storm preparations. Naturally, and quite correctly they chose to evacuate. The number of people clogging highways heading North and out of the state has already created massive delays. Friends of mine as far south as Fort Myers are evacuating.

Unfortunately we have a few shipping containers on site. They are not weighted down, nor are they anchored in the ground. With the right wind conditions, they will likely be destroyed even though we are nearly 70 miles inland from the coast. Again we had to make the decision to prioritize evacuation of people over protection of property.

We verified our builders risk policy coverage and we believe we have ample insurance coverage. Now we can only wait for the aftermath when we can survey the damage.

-----------------

**Real Estate Espresso Podcast:**
Spotify: [The Real Estate Espresso Podcast](https://open.spotify.com/show/3GvtwRmTq4r3es8cbw8jW0?si=c75ea506a6694ef1)
iTunes: [The Real Estate Espresso Podcast](https://podcasts.apple.com/ca/podcast/the-real-estate-espresso-podcast/id1340482613)
Website: [www.victorjm.com](http://www.victorjm.com)
LinkedIn: [Victor Menasce](http://www.linkedin.com/in/vmenasce)
YouTube: [The Real Estate Espresso Podcast](http://www.youtube.com/@victorjmenasce6734)
Facebook: [www.facebook.com/realestateespresso](http://www.facebook.com/realestateespresso)
Email: [podcast@victorjm.com](mailto:podcast@victorjm.com)
**Y Street Capital:**
Website: [www.ystreetcapital.com](http://www.ystreetcapital.com)
Facebook: [www.facebook.com/YStreetCapital](https://www.facebook.com/YStreetCapital)
Instagram: [@ystreetcapital](http://www.instagram.com/ystreetcapital)

  continue reading

2461 episódios

Artwork
iconCompartilhar
 
Manage episode 444175124 series 2084625
Conteúdo fornecido por Victor Menasce. Todo o conteúdo do podcast, incluindo episódios, gráficos e descrições de podcast, é carregado e fornecido diretamente por Victor Menasce ou por seu parceiro de plataforma de podcast. Se você acredita que alguém está usando seu trabalho protegido por direitos autorais sem sua permissão, siga o processo descrito aqui https://pt.player.fm/legal.

A few weeks ago I did an episode on hurricane preparation. Great ideas for storm preparation are fantastic until reality sets in.

Hurricane Milton is scheduled to make landfall in Florida on Thursday. The storm will weaken as it makes landfall. However the size of the storm is such that traversing the land of the state of Florida will not take that much energy out of the storm by the time it reaches the Atlantic coast. Properties along the Gulf coast definitely need to expect a severe storm. But central Florida which is inland also needs to be prepared.

This hurricane is so intense that our team had to make a priority decision between evacuation or additional storm preparations. Naturally, and quite correctly they chose to evacuate. The number of people clogging highways heading North and out of the state has already created massive delays. Friends of mine as far south as Fort Myers are evacuating.

Unfortunately we have a few shipping containers on site. They are not weighted down, nor are they anchored in the ground. With the right wind conditions, they will likely be destroyed even though we are nearly 70 miles inland from the coast. Again we had to make the decision to prioritize evacuation of people over protection of property.

We verified our builders risk policy coverage and we believe we have ample insurance coverage. Now we can only wait for the aftermath when we can survey the damage.

-----------------

**Real Estate Espresso Podcast:**
Spotify: [The Real Estate Espresso Podcast](https://open.spotify.com/show/3GvtwRmTq4r3es8cbw8jW0?si=c75ea506a6694ef1)
iTunes: [The Real Estate Espresso Podcast](https://podcasts.apple.com/ca/podcast/the-real-estate-espresso-podcast/id1340482613)
Website: [www.victorjm.com](http://www.victorjm.com)
LinkedIn: [Victor Menasce](http://www.linkedin.com/in/vmenasce)
YouTube: [The Real Estate Espresso Podcast](http://www.youtube.com/@victorjmenasce6734)
Facebook: [www.facebook.com/realestateespresso](http://www.facebook.com/realestateespresso)
Email: [podcast@victorjm.com](mailto:podcast@victorjm.com)
**Y Street Capital:**
Website: [www.ystreetcapital.com](http://www.ystreetcapital.com)
Facebook: [www.facebook.com/YStreetCapital](https://www.facebook.com/YStreetCapital)
Instagram: [@ystreetcapital](http://www.instagram.com/ystreetcapital)

  continue reading

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