Pandemic, Epidemic, Natural Calamity, Disasters, National Emergencies, how all these play out in Real Estate investing

All adults and even the younger generation of today has in some way or another experienced one if not all these phenomenon mentioned. It’s high time that we consider all these in our decision making when it comes to real estate investing. Why? Because we cannot afford to lose lives and properties year in and year out.

The lessons of our past should be our guide in choosing the right real estate investment today. The fact that we are going to pay for these investments for several years, only to lose it’s value in a snap of a finger, is a no-no in Investing 101.

What then can we do to avert future loses? Here are the things we could ask ourselves and the broker/salespersons we work with in our real estate investing. (If you are a broker/salesperson, these could also the things you could advise your clients.)

1.     Is the location typhoon-prone? If yes, that’s it, DANGER ZONE. Stay away from it.

2.     Is the property sitting on a fault line? If yes, avert, avert.

3.     Is the property in a flood-prone area? If yes, here I will give you options. Take a swimming class, buy a boat or don’t invest. It’s up to you.

4.     Is the local government in the area you are investing in has a good disaster prevention and response team?

5.     Is the local government has a good zoning plan?

6.     Are there facilities like evacuation centers in case of emergencies in the area?

Help the community have a healthy discussion about this topic by commenting your suggestions and posting it below.