5 Talents Podcast - How To Build Wealth Through Real Estate
Welcome to the 5 Talents Podcast - How To Build Wealth Through Real Estate. Your host Abel Pacheco interviews real estate investors, wealth managers, syndicators, operators, and other wealth management strategists. If you’re a top earner in your field, an accredited investor and focused on building wealth through real estate... then this podcast is for you.
Abel served his local church for nearly 10 years as a deacon and finance board member and now combines his passion for real estate investing, professional successes, faith, leadership, and core beliefs to serve his investment community.
If you want to learn what other multi-millionaires, wealth managers, and surrounding industry experts are doing to build and preserve wealth... then this podcast is for you.
www.5Talents.Capital
5 Talents Podcast - How To Build Wealth Through Real Estate
Jeremy Goodrich - 80% of Investors Have the Wrong Insurance; How to Pick the Right Insurance for Your Properties
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:
- Our previous episodes:
- Brain Burke: What You Should Know About Blind Pool Funds
- Matt Faircloth: Two Great Guys Talking Real Estate
- Forrest Corral: How I'm Buying a Billion Dollars of Multifamily in My Underwear
- Books
- The OODA Loop
- Grant Cardone
- Yonah Weiss
------------------------------------------------------------------------------------------
Connect with Jeremy on LinkedIn and get insured in real estate investing by visiting Shine Insurance Agency!
Guest email: jeremy@shineinsurance.com
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/
Watch 5T CRE on YouTube
Leave us a review and receive your free ebook
Email us --> abel@5tcre.com
