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Warning - Insurable Risks When Investing in Real Estate
Manage episode 392322096 series 3467145
Kandungan disediakan oleh Real Estate Financial Planner LLC and James Orr and James Orr. Semua kandungan podcast termasuk episod, grafik dan perihalan podcast dimuat naik dan disediakan terus oleh Real Estate Financial Planner LLC and James Orr and James Orr atau rakan kongsi platform podcast mereka. Jika anda percaya seseorang menggunakan karya berhak cipta anda tanpa kebenaran anda, anda boleh mengikuti proses yang digariskan di sini https://ms.player.fm/legal.
Warning - Insurable Risks When Investing in Real Estate
Life has risks. Real estate investing in Jersey City adds some additional risks.
Some of these risks can be shifted from your responsibility to the responsibility of a third party for a fee.
This is often described as insurance. You choose to pay someone else to take on a risk you don't want to take on yourself.
In this mini-class, James will go over a variety of insurable risks that real estate investors experience and how to mitigate or eliminate them.
Check out the video from this class here:
Warning - Insurable Risks When Investing in Real Estate - Video
In this class, James discusses:
- A George S Patton quote about fear, risks and making decisions.
- The Risk Matrix
- What is insurance?
- Insurable risks
- The most common insurable risks: fire, lightning, hail, theft, vandalism, personal injury, and liability
- Some less commonly insurable risks: loss of income, flood, earthquake, hurricane, tornado, meth, and rent guarantee
- The considerations of deductible size
- Plus much more...
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