Storms Hit Investment Properties in Hugo Minnesota

26 May, 2008 (0) Comment

If you were watching the news over the holiday weekend, you may have seen the storms that ripped through Hugo, Minnesota. It was sad that a 2 year old boy was killed, many houses were destroyed, and several people injured. Several other investors and I own properties in the same neighborhood as the destroyed houses.

In fact, you can see most of the news crews from the front door of one of my townhouses. Below are some pictures of one of my buildings (click for larger versions). The damage is quite severe, but at the same time, nothing compares to the people that lost their entire houses (and a child).

Investment Property Damage


Categories : Owning Property

Comments
Chris Lengquist May 27, 2008

Too bad for you and your tenants. Although I have a few properties that I manage that I wish the storms could have hit. I’d prefer 100% destroyed with the tenants and their belongings 100% safe.

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