6/11 Risk 6: Natural Disasters!

Thank you for joining me for the next risk – Natural Disasters.

Quite simply…Before you buy, always check flood maps and never buy in an area prone to natural disasters like cyclones or earthquakes

It’s also important to check what your building insurance covers and ensure your landlord insurance covers loss of rent due to natural disasters.

Again, it’s worth highlighting the importance of a cash buffer to get you through this period if a disaster does occur. If you do find yourself with a property in a cyclone area, make sure the property is built to cyclone code.

I hope you are finding this information useful. I wish I knew all of this before I started my property investment journey!

If you need help with finding a property where all the risks have been excluded, give my team a call or email 1300 372 677 or info@integrityx.com.au

See you for the risk of Fire next🔥

~Daimien Patterson

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Legal Disclaimer: This information ('the information') is presented for illustrative and educational purposes only. It is not presented nor should it be treated as real estate advice, legal advice, investment advice, or tax advice. All investments involve risk and potential loss of money. If you require advice in any of these fields you should contact a suitably qualified professional to assist and advise you. Your personal individual financial circumstances must be taken into account before you make any investment decision. We urge you to do this in conjunction with a suitably qualified professional. Daimien Patterson, IntegrityX Enterprises Pty Ltd, and their associated trading names, companies, researchers, authorised distributors and licensees, employees and speakers do not guarantee your past, present or future investment results whether based on this information or otherwise. Daimien Patterson, IntegrityX Enterprises Pty Ltd and their associated trading names, companies, researchers, authorised distributors and licensees, employees and speakers disclaim all liability for your purchase decisions. You should do your own independent due diligence and seek the advice of qualified advisors before making any investment decision.