Flood Risk Monitoring and Mitigation, Even Far Inland

This presentation offers an overview of how flood water gets into buildings and what buy-and-hold investors should do about it. We focus on the impact climate change is having on the general trend of rainfall and flooding. Previously dry buildings may become moist, wet or flooded over time. We teach the trends with:

  • Rainwater,
  • River overflow,
  • Storm surge, and
  • Base sea level rise.

This presentation is highly relevant for inland owners. We focus primarily on rainwater and river flooding, a previously underrated risk for many properties statewide especially in Franklin County. We are all familiar with the risk of coastal flooding, this is also covered.

We then evaluate different sources for flood risk data and warnings, including:

  • Federal Emergency Management Agency (FEMA) resources
  • REALTOR.com Flood Factor™, and
  • Weather apps.

Learn how to:

  • Prepare existing properties for water,
  • Assess new investments in terms of their flood exposure, and
  • Develop and maintain hazardous weather plans to reduce your costs and liabilities.


Screenshot of video of flooding in Cambridge St, Worcester, July 2018 with the tops of two cars visible in flood water approximately four feet deep. Screenshot of YouTube video by the Telegram and Gazette.
Cambridge St, Worcester, July 2018. Telegram and Gazette
video: YouTube
 

Slides, Past Video and Training Material

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MassLandlords is a nonprofit dedicated to helping owners rent their property. Presenters are not necessarily vetted by MassLandlords. Although we try to offer the best possible advice, we recommend you consult an attorney or tax accountant before you alter your business processes.

 

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This is part of our Statewide Rental Real Estate Networking and Training series.

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