5 Talents Podcast - Passive Investing, Cashflow, & Wealth Creation in Commercial Real Estate

Jeremy Goodrich - 80% of Investors Have the Wrong Insurance; How to Pick the Right Insurance for Your Properties

April 08, 2021 Abel Pacheco Season 2 Episode 137
5 Talents Podcast - Passive Investing, Cashflow, & Wealth Creation in Commercial Real Estate
Jeremy Goodrich - 80% of Investors Have the Wrong Insurance; How to Pick the Right Insurance for Your Properties
Chapters
5 Talents Podcast - Passive Investing, Cashflow, & Wealth Creation in Commercial Real Estate
Jeremy Goodrich - 80% of Investors Have the Wrong Insurance; How to Pick the Right Insurance for Your Properties
Apr 08, 2021 Season 2 Episode 137
Abel Pacheco

No one wants to pay for an insurance policy, only to realize in the end that it cannot pay for the damages you did not expect on your properties. Unfortunately, 80% of real estate investors own such a policy. That’s where Jeremy Goodrich comes in. Jeremy is the owner of Shine Insurance Agency, who helps clients choose the right insurance for their real estate business. 

Listen to Jeremy to learn how to pick the right insurance for you!

[00:01 - 05:49] Opening Segment

  • Let’s get to know Jeremy Goodrich
  • Why insurance is unremarkable according to Jeremy
  • His road to commercial real estate

[05:50 - 16:09] The 3 Pillars of Real Estate

  • Should you jump from a day job to a business?
    • Listen to Jeremy 
  • The cost of freedom from real estate 
  • Clarity and connections are 2 of the 3 pillars of real estate

[16:10 - 26:13] Insure Your Properties 

  • What is the last pillar of real estate investing? 
  • Let’s break down the OODA Loop
  • Why you should insure your properties
    • Don’t miss Jeremy’s advice 

[26:14 - 37:05] The Right Insurance Policy 

  • Listen to Jeremy to know if you have the right policy
    • What if you have the wrong one? 
  • Connect with Jeremy
    • Links below
  • Learn from the experts doing the right thing

[37:06 - 43:15] Closing Segment

  • Why you should improve your social presence 
  • Final words from Jeremy and me 


Tweetable Quotes: 

“The great thing about real estate is you put the sweat equity in and you can make it happen.” - Jeremy Goodrich

“There are great insurance advisors out there. Go find one and don’t stop until you do.” - Jeremy Goodrich


Resources mentioned:


------------------------------------------------------------------------------------------


Connect with Jeremy on LinkedIn and get insured in real estate investing by visiting Shine Insurance Agency


Guest email: [email protected]  


Are you part of the 80% of commercial real estate investors with the wrong insurance? Find out here


Connect with me:

https://www.5tcre.com/

Facebook

LinkedIn

Instagram

Watch 5T CRE on YouTube

Leave us a review and receive your free ebook

Email us --> [email protected]

Support the show (https://www.buymeacoffee.com/5Talents)

Show Notes

No one wants to pay for an insurance policy, only to realize in the end that it cannot pay for the damages you did not expect on your properties. Unfortunately, 80% of real estate investors own such a policy. That’s where Jeremy Goodrich comes in. Jeremy is the owner of Shine Insurance Agency, who helps clients choose the right insurance for their real estate business. 

Listen to Jeremy to learn how to pick the right insurance for you!

[00:01 - 05:49] Opening Segment

  • Let’s get to know Jeremy Goodrich
  • Why insurance is unremarkable according to Jeremy
  • His road to commercial real estate

[05:50 - 16:09] The 3 Pillars of Real Estate

  • Should you jump from a day job to a business?
    • Listen to Jeremy 
  • The cost of freedom from real estate 
  • Clarity and connections are 2 of the 3 pillars of real estate

[16:10 - 26:13] Insure Your Properties 

  • What is the last pillar of real estate investing? 
  • Let’s break down the OODA Loop
  • Why you should insure your properties
    • Don’t miss Jeremy’s advice 

[26:14 - 37:05] The Right Insurance Policy 

  • Listen to Jeremy to know if you have the right policy
    • What if you have the wrong one? 
  • Connect with Jeremy
    • Links below
  • Learn from the experts doing the right thing

[37:06 - 43:15] Closing Segment

  • Why you should improve your social presence 
  • Final words from Jeremy and me 


Tweetable Quotes: 

“The great thing about real estate is you put the sweat equity in and you can make it happen.” - Jeremy Goodrich

“There are great insurance advisors out there. Go find one and don’t stop until you do.” - Jeremy Goodrich


Resources mentioned:


------------------------------------------------------------------------------------------


Connect with Jeremy on LinkedIn and get insured in real estate investing by visiting Shine Insurance Agency


Guest email: [email protected]  


Are you part of the 80% of commercial real estate investors with the wrong insurance? Find out here


Connect with me:

https://www.5tcre.com/

Facebook

LinkedIn

Instagram

Watch 5T CRE on YouTube

Leave us a review and receive your free ebook

Email us --> [email protected]

Support the show (https://www.buymeacoffee.com/5Talents)