Dec 29 2023
Warning - Insurable Risks When Investing in Real Estate
Warning - Insurable Risks When Investing in Real Estate
Life has risks. Real estate investing in Arden-Arcade 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 MatrixWhat is insurance?Insurable risksThe most common insurable risks: fire, lightning, hail, theft, vandalism, personal injury, and liabilitySome less commonly insurable risks: loss of income, flood, earthquake, hurricane, tornado, meth, and rent guaranteeThe considerations of deductible sizePlus much more...
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