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

[Bonus Episode] Michael Payne - How to Find the Right Insurance Coverage for your Multifamily Assets

November 10, 2021 Abel Pacheco Episode 196
5 Talents Podcast - Passive Investing, Cashflow, & Wealth Creation in Commercial Real Estate
[Bonus Episode] Michael Payne - How to Find the Right Insurance Coverage for your Multifamily Assets
Show Notes

Our amazing guest for our Weekly Wednesday is Michael Payne, a multifamily insurance specialist at Pathfinder/LL&D Insurance Group. Michael’s team focuses on multifamily properties and commercial real estate, spending all their time to maintain and expand their expertise in the industry. He will join us today to talk about insurance and how to find the right coverage for your properties. Michael also shares some interesting insights about the future of multifamily investing. 

Listen to Michael and learn more about insurance in real estate!

[00:01 - 06:51] Opening Segment

  • Let’s get to know Michael Payne
  • How Michael is helping clients navigate this “very difficult market”

[06:52 - 13:01] What’s Happening in the Insurance Space?

  • The current situation of the insurance side in real estate
    • Michael shares his insights
  • Here’s why insurance rates are going up right now

[13:02 - 21:11] Be Bullish in Multifamily

  • What to expect from insurance providers today
  • Here’s a piece of advice from Michael that you should not miss!
    • Be mindful of the numbers and here’s why
  • Why he is bullish about multifamily investing

[21:12 - 25:11] Closing Segment

  • Connect with Michael 
    • Links below
  • Final words from Michael and me 

 

Tweetable Quotes: 

“When you look at the numbers that myself or a competitor gives you, be very intentional...” - Michael Payne

“I think that if your investors’ expectations are set appropriately, the sky’s the limit on multifamily.” - Michael Payne

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Follow Michael on LinkedIn and check out Pathfinder/LL&D Insurance Group to discover field-tested insurance solutions!

Guest email: [email protected] 



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