Resilience in the rain
The rain came down, day after day, week after week. It wasn’t just a summer storm or the usual wet season downpour; it was relentless.
What are your recommendations for other property managers during a natural disaster?
Triage - we used a spreadsheet to track the most urgent and important jobs (eg ceiling collapsing) and figuring out what we can actually do before the rain stops.
Communicate with owners and the tenants - try to educate them on how to help themselves in the meantime.
Dedicate a day as a team to pure maintenance work - today all seven of our team will be trying to get on top of the maintenance 1046 jobs we have in our system.
Educate new owners about the reality of investment properties.
Try and bring some lightness back into your day. Stop and decompress. Make sure you are looking out for each other, sit and have lunch together, and try to find the joy in your day.
What is your advice to tenants?
Please be patient and kind to your property managers; please understand that we have hundreds of properties effected.
Talk to your PMs about what you can to do help the situation in the meantime
Be aware of trade shortages and materials shortages
What is your advice to landlords?
Understanding that your insurance is very important; we often have owners who don’t realise they are not completely covered. It is important to do this straight away before this situation happens.
Contacting your insurer as soon as possible in an event, and finding out what they need from you.
Being patient and understanding that there are many owners and tenants in the same situation. We do our very best to communicate with you as soon as possible.
Become educated on the realities that can come from having an investment property.