Are you a flipping real estate investor yourself? Then, you must be aware of the frequency of natural disasters in the US and what amount of destruction they leave behind. In those situations, you depend on rescue people and the support of your community and family. You need to rebuild lost and damaged property to kick-start restoration work, especially if you wish to get value out of it. It may not be possible to assess the range of structural damage immediately, especially after hurricanes and flooding.
The water can spread gradually under the surface and affect it with mold growth. However, you can deal with this problem by being aware of the areas that are susceptible to moisture and what you can do for a remedy.
Since the level of water damage and types of building materials can vary, you would need to adopt a suitable process to reverse the impact in terms of cost and safety. Here are some tips that can come in handy in this regard.
Measure the level of moisture/water damage
The foundation of your property can be at significant risk due to moisture retention. Hence, you need to assess the structure, the surrounding soil, and other areas before starting a repairing work. In this process, theinspectioncan highlight affected areas and suggest what you can do to protect them. The assessment also helps find out building materials damaged by water and the source of damage. For example, the water could be coming in from windows, roofs, seams, etc.
Besides, it tells you where mold has already developed and where it can spread based on the condition of the materials and the climate. If you know it, wood, paper, and sheetrock tend to catch mold quickly under humidity. Glass, natural metals, and vinyl can, however, remain safe.
Take advantage of the relaxed regulations
When intense disasters hit the areas and cause flooding, both local and state bodies become a bit flexible with rules to accommodate the shortage of resources and workforce, and for the safety of the people. For example, due to the hurricanes in Texas, the governments gave some relief in the mold inspection regulations. As a result, certified workers from other states participated in the assessment and clean-up procedures.
Many homeowners don’t pay much attention to water damage because it is not immediately visible. But you must not follow their footsteps if you wish to see your property safe.
Before the repairing starts, there has to be a comprehensive assessment of the property so that necessary services can be put in place to fix the damages. Since it is a lot of work already and needs money too, you can feel stressed. You may need different people for water damage and mold removal, electrical installations, foundation and structure repair, and others. But protecting and rehabbing your investment should be the priority so that you can bargain it for comparatively a good price when other investors approach the battered area. That money can help you invest in some other property somewhere else. For guidance on these matters, you can follow Phill Grove.