Spokane Real Estate Investing & Real Estate Financial Planning™ Podcast

There are some risks associated with investing in real estate that, for a fee, a third party will happily take on. These are insurable risks.

Show Notes

Warning - Insurable Risks When Investing in Real Estate

Life has risks. Real estate investing in Spokane 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 Matrix
  • What is insurance?
  • Insurable risks
  • The most common insurable risks: fire, lightning, hail, theft, vandalism, personal injury, and liability
  • Some less commonly insurable risks: loss of income, flood, earthquake, hurricane, tornado, meth, and rent guarantee
  • The considerations of deductible size
  • Plus much more...

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What is Spokane Real Estate Investing & Real Estate Financial Planning™ Podcast?

Learn all about investing in real estate in Spokane, Washington with a combination of real estate financial planning and modeling with numbers specific to Spokane plus syndicated, more generalized recordings of live and pre-recorded real estate investing classes (not all specific to Spokane).