Andy welcomes Jeremy Goodrich to the show, where he shares the current state of ever-increasing insurance costs for commercial real estate and real estate in general and how important having a team and business partners looking out for your best interest really is.

Watch the Video, Read the Transcript, Show Notes & Summary HERE

Highlights:

0:01:19 - Increasing NOI Through Risk Management 0:06:51 - Insurance Industry Turnaround and Pricing 0:09:43 - Carnage in Texas 0:13:13 - Importance of Conservative Numbers in Apartments 0:18:40 - The Impact of Lawsuits and Expenses 0:23:33 - Due Diligence for Risk Management 0:27:38 - Mindset and Safety Systems for Success 0:35:14 - Captives and Insurance Options 0:47:21 - Risks for Inexperienced Real Estate Investors

About Jeremy Goodrich:

Jeremy is the Chief Protection Officer at Shine Insurance Agency, host of the Managing Commercial Real Estate Risk Podcast and the #creriskking.

An expert in CRE Risk Management and Asset Protection, Jeremy is a teacher at heart and helps his clients understand the challenging world of real estate insurance and assists them in building a strategy that mitigates and minimizes risk and exposure while making sure they have the right coverage to protect their assets.

Learn more and connect with Jeremy: His day job – Shine Insurance Agency Connect with him on LinkedIn His Podcast – Apple | Spotify | Podchaser Shine Insurance YouTube

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This podcast is for informational purposes only and should not be considered legal or financial advice. You should always consult with licensed and qualified professionals about your specific, individual situation. Read the Full Disclaimer