How Will You Future-Proof Your Portfolio Against Climate Risks?

Published: April 20, 2024, 1:22 a.m.

Earth Day is here again, as a reminder to celebrate this beautiful planet we live on. For real estate investors, It's also a reminder to check on our own properties and do whatever we can to make them more resilient to natural disasters. Climate resiliency is what CoreLogic says is the key to \u201cfuture real estate stability.\u201d \xa0 Environmental risk is becoming more important for anyone buying property, whether it\u2019s due to potential flooding, wildfires, hurricanes or even sea level changes. Although climate-related natural disasters pose a financial threat to every industry, they pose a huge threat to the real estate industry which also accounts for a substantial portion of our US economy... \xa0 ...If you haven\u2019t done it already, let Earth Day be an inspiration to do the research you need to make your properties more resilient to climate-related events. It may also help guide you as to where you want to invest and how to fortify your portfolio against the risks, not just for you but for future generations. \xa0 You\u2019ll find links to the CoreLogic articles in the show notes at newsforinvestors.com. You can also find out more about smart real estate investing as a RealWealth member and by attending our live event in San Francisco on May 4th. We\u2019ll have five property teams giving presentations about their markets and available rental properties. We\u2019re also hosting a Cocktail Party in the evening so you can meet fellow investors and find out what they are doing. You can get information on the live event and a free RealWealth membership at newsforinvestors.com. \xa0 And please remember to subscribe to this podcast if you haven\u2019t already! \xa0 Thanks for listening! And Happy Earth Day! Kathy \xa0 Links: \xa0 1 - https://www.corelogic.com/intelligence/earth-day-climate-change-takes-center-stage-in-the-property-market-conversation/ \xa0 2 - https://www.corelogic.com/intelligence/extreme-heat-property-risk-is-the-next-significant-business-hurdle/ \xa0 3 - https://www.corelogic.com/press-releases/corelogic-previews-the-evolving-severe-convective-storm-risk-landscape-in-new-report/