Warning - Insurable Risks When Investing in Real Estate
There are some risks associated with investing in real estate that, for a fee, a third party will happily take on. These are insurable risks.
Warning - Insurable Risks When Investing in Real Estate
Life has risks. Real estate investing in Lincoln 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...
Looking to buy or sell property in Lincoln, NE? Call Jake Grenemeier of Clover Real Estate Services with Next Home Integrity at (402) 302-0088. Or, check out his website at www.Clover.RealEstate or email him at Jake@Clover.RealEstate. Jake specializes in helping real estate investors in and around Lincoln.
