MIAMI—Property management companies are taking a new approach with residential real estate portfolios in the wake of Hurricane Irma. GlobeSt.com caught up with Paul Kaplan, managing director and cofounder of KW Property Management and Consulting, to get some insights in this exclusive interview.
GlobeSt.com: Right after a storm like Irma, what does the damage assessment process entail?
Kaplan: When assessing storm impacts, we are looking at three types of damage. There is minor damage, which can be fixed fairly easily. You also have damage that is big enough to require repairs and will come with a cost, but it would fall well under insurance deductibles.
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