Podcasts about nreig

Thinking about scaling your real estate portfolio?

In this episode, Vee breaks down the 3 must-haves that every successful investor needs: lead generation, money, and community. Whether you're just starting out or looking to scale, these essentials will guide you to real estate success.Here's what we'll cover:✅ Proven lead generation strategies for any budget✅ How to secure money for living expenses and deals✅ The power of community, mentorship, and mastermindsThis is a roadmap to building a thriving real estate business, achieving financial freedom, and creating a life you love. Tune in and discover how you can start 2025 with a winning mindset and strategy!Vee, the founder of REBallers, is a franchise owner and a Developmental Agent of HomeVestors “We Buy Ugly Houses”.  Today, Vee is actively buying and selling properties in Houston, Austin, San Antonio, and Corpus Christi, TX while growing her rental portfolio of long term and short-term rentals.Visit our website to get more information: https://reballers.com/ Episode HighlightsPlease visit our sponsors, which made this episode possible: AirDNA: https://tinyurl.com/Air-DNA Anderson Advisors: https://tinyurl.com/Anderson-Advisors Baselane: https://tinyurl.com/Base-lane Batch Dialer: http://dialer.getbatch.co/mzBl0W0Batch Leads: http://leads.getbatch.co/mzBuenXBuzz Vacation Rentals: https://pm.buzzvacationrentals.com/ NREIG: http://nreig.com/reballers Jet Lending: https://tinyurl.com/Jet-Lending Wizehire: https://tinyurl.com/Wize-Hire https://linktr.ee/REballers ✅ Stay Connected With Us.

Ready to take your real estate investing to the next level? In this episode, we sit down with Ivo Draginov, President & co-founder of BatchService, to explore game-changing strategies for buying more houses in 2025. Learn how to leverage tools like Batch Leads, Batch Dialer, and Batch Data to streamline your property acquisition, find motivated sellers, and maximize your marketing dollars.Discover how AI-powered machine learning models are transforming real estate by helping investors identify the most likely-to-sell properties. Ivo shares expert advice on overcoming analysis paralysis, making smarter investment decisions, and managing your data for optimal results. Whether you're new to real estate investing or a seasoned pro, these tips will empower you to close more deals and build your portfolio efficiently.Vee, the founder of REBallers, is a franchise owner and a Developmental Agent of HomeVestors “We Buy Ugly Houses”.  Today, Vee is actively buying and selling properties in Houston, Austin, San Antonio, and Corpus Christi, TX while growing her rental portfolio of long term and short-term rentals.Visit our website to get more information: https://reballers.com/ Episode HighlightsPlease visit our sponsors, which made this episode possible: AirDNA: https://tinyurl.com/Air-DNA Anderson Advisors: https://tinyurl.com/Anderson-Advisors Baselane: https://tinyurl.com/Base-lane Batch Dialer: http://dialer.getbatch.co/mzBl0W0Batch Leads: http://leads.getbatch.co/mzBuenXBuzz Vacation Rentals: https://pm.buzzvacationrentals.com/ NREIG: http://nreig.com/reballers Jet Lending: https://tinyurl.com/Jet-Lending Wizehire: https://tinyurl.com/Wize-Hire ✅ Important Link to Follow

In this episode of The Real Estate Ballers Show, we sit down with Nick Perry, a nationwide real estate wholesaling expert who shares his journey from personal trainer to successful real estate entrepreneur. Nick reveals how he turned obstacles into opportunities, scaled his business to multi-million-dollar success, and built a life of financial freedom.Key Topics Covered:-Starting in real estate with no money or credit-The critical role of tenacity and follow-up in closing deals-Scaling a nationwide real estate wholesaling operation-Building a high-performing team and strong leadership-The value of marketing and sales skills for financial freedomVee, the founder of REBallers, is a franchise owner and a Developmental Agent of HomeVestors “We Buy Ugly Houses”.  Today, Vee is actively buying and selling properties in Houston, Austin, San Antonio, and Corpus Christi, TX while growing her rental portfolio of long term and short-term rentals.Episode Highlights00:00 Intro00:32 Sponsor Messages04:29 Nick Perry's Real Estate Journey06:28 Overcoming Challenges in Real Estate09:35 Reinvesting in Your Company15:40 Sharing The Vision17:46 Importance of Core Values19:18 Key Factors to Success22:05 Current Operations31:23 Connect with Nick PerryPlease visit our sponsors, which made this episode possible: AirDNA: https://tinyurl.com/Air-DNA Anderson Advisors: https://tinyurl.com/Anderson-Advisors Baselane: https://tinyurl.com/Base-lane Batch Dialer: http://dialer.getbatch.co/mzBl0W0Batch Leads: http://leads.getbatch.co/mzBuenXBuzz Vacation Rentals: https://pm.buzzvacationrentals.com/ NREIG: http://nreig.com/reballers Jet Lending: https://tinyurl.com/Jet-Lending Wizehire: https://tinyurl.com/Wize-Hire ✅ Stay Connected With Us.

Join Vee Le as she interviews Jeff Tesch, founder of RCN Capital, in this game-changing episode of The Real Estate Ballers Show! From the company's beginnings during the foreclosure crisis to originating over $6 billion in loans, Jeff shares insights on short-term vs. long-term loans, navigating rising interest rates, and the growing trend of ground-up construction. Learn how transparency and a solid track record can build success in real estate investing. Don't miss Jeff's invaluable advice for new and seasoned investors alike!Vee, the founder of REBallers, is a franchise owner and a Developmental Agent of HomeVestors “We Buy Ugly Houses”.  Today, Vee is actively buying and selling properties in Houston, Austin, San Antonio, and Corpus Christi, TX while growing her rental portfolio of long term and short-term rentals.Visit our website to get more information: https://reballers.com/ Episode Highlights00:00 Intro03:19 The Evolution of RCN Capital and Its Services06:13 Understanding Short-Term vs Long-Term Loans08:58 The Advantages of Partnering with RCN Capital16:24 Navigating the Rental Market and Interest Rates22:37 Ground-Up Construction: Opportunities and Challenges31:40 Future Trends in Real Estate Investing39:34 Advice for New Investors41:09 Connect with Jeff TeschPlease visit our sponsors, which made this episode possible: AirDNA: https://tinyurl.com/Air-DNA Anderson Advisors: https://tinyurl.com/Anderson-Advisors Baselane: https://tinyurl.com/Base-lane Buzz Vacation Rentals: https://pm.buzzvacationrentals.com/ NREIG: http://nreig.com/reballers Jet Lending: https://tinyurl.com/Jet-Lending Wizehire: https://tinyurl.com/Wize-Hire ✅ Stay Connected With Us.

In this episode of The Real Estate Ballers Show, Scott Meyers dives into the lucrative world of self storage investing. With over 31 years in real estate and 20 years specializing in self storage, Scott explains why he transitioned from traditional rentals to build a thriving self storage empire with over 5 million square feet and 30,000 units.Discover why self storage is a solid, predictable investment model, how to take advantage of the current market opportunities, and the strategies Scott uses to maximize revenue through dynamic pricing and operational efficiency.Vee, the founder of REBallers, is a franchise owner and a Developmental Agent of HomeVestors “We Buy Ugly Houses”.  Today, Vee is actively buying and selling properties in Houston, Austin, San Antonio, and Corpus Christi, TX while growing her rental portfolio of long term and short-term rentals.Visit our website to get more information: https://reballers.com/ Please visit our sponsors, which made this episode possible: AirDNA: https://tinyurl.com/Air-DNA Anderson Advisors: https://tinyurl.com/Anderson-Advisors Baselane: https://tinyurl.com/Base-lane Buzz Vacation Rentals: https://pm.buzzvacationrentals.com/ NREIG: http://nreig.com/reballers Jet Lending: https://tinyurl.com/Jet-Lending Wizehire: https://tinyurl.com/Wize-Hire ✅ Important Link to Follow

In this episode of The Real Estate Ballers Show, Ben Vail dives into the lucrative world of mid-term rentals and short-term rentals. Managing 125 units, Ben reveals how mid-term rentals are meeting the demand for furnished housing near large developments like the Intel factory in Columbus, Ohio. He shares his step-by-step process for identifying profitable properties, preparing them for success, and leveraging market trends to maximize returns.Vee, the founder of REBallers, is a franchise owner and a Developmental Agent of HomeVestors “We Buy Ugly Houses”.  Today, Vee is actively buying and selling properties in Houston, Austin, San Antonio, and Corpus Christi, TX while growing her rental portfolio of long term and short-term rentals.Episode Highlights00:00 Introduction03:01 Providing Accommodations in Columbus, Ohio06:41 The Difference in Guest Interaction13:27 Marketing Strategies for Midterm Rentals17:49 Protecting Properties in Short-Term and Midterm Rentals19:50 Challenges and Considerations for New Investors in the Rental Market27:22 Investing in Furnished Rentals Near New Factories32:14 The Importance of Confidence in Entrepreneurial Pursuits32:54 Connect with Ben VailPlease visit our sponsors, which made this episode possible: AirDNA: https://tinyurl.com/Air-DNA Anderson Advisors: https://tinyurl.com/Anderson-Advisors Baselane: https://tinyurl.com/Base-lane Buzz Vacation Rentals: https://pm.buzzvacationrentals.com/ NREIG: http://nreig.com/reballers Jet Lending: https://tinyurl.com/Jet-Lending Wizehire: https://tinyurl.com/Wize-Hire ✅ Stay Connected With Us.

In this episode of The REBallers Show, Huy Nguyen shares his inspiring journey from immigrating to the U.S. and working a W-2 job to achieving financial freedom as a successful real estate investor and agent. Huy discusses his winning strategies for real estate success, including how to add value to others, adapt to market trends, personal development and leverage short-term and mid-term rentals. By partnering with EXP Realty, he expands his reach both nationwide and internationally. Tune in for practical tips on financial freedom through real estate, bookkeeping for success, team management, personal growth, and the power of meaningful relationships. Don't miss these insights to transform your path to financial independence!Vee, the founder of REBallers, is a franchise owner and a Developmental Agent of HomeVestors “We Buy Ugly Houses”.  Today, Vee is actively buying and selling properties in Houston, Austin, San Antonio, and Corpus Christi, TX while growing her rental portfolio of long term and short-term rentals.Episode Highlights00:00 Introduction02:44 Defining Success07:36 Adding Value and Building Relationships15:22 Adapting and Branching Out in the Real Estate Market19:57 Bookkeeping and Managing Expenses24:54 Long-Term Rentals and Tax Write-Offs29:53  Effective Team Management35:16 Navigating a Changing Market41:28 Connect with Huy NguyenVisit our sponsors, which made this episode possible: AirDNA: https://tinyurl.com/Air-DNA Anderson Advisors: https://tinyurl.com/Anderson-Advisors Baselane: https://tinyurl.com/Base-lane Buzz Vacation Rentals: https://pm.buzzvacationrentals.com/ NREIG: http://nreig.com/reballers Jet Lending: https://tinyurl.com/Jet-Lending Wizehire: https://tinyurl.com/Wize-Hire ✅ Stay Connected With Us.

In this episode of The Real Estate Ballers Show, Vee Le chats with Paul Lizell, a seasoned expert in wholetailing real estate across the USA. Paul dives into his unique strategies for success and risk minimization, sharing how he buys and sells properties nationwide. Discover how he leverages online auctions, wholetailing, and innovative virtual strategies to achieve consistent results. If you're interested in wholetailing, risk minimization, or scaling a real estate business across multiple markets, this episode is for you!Vee, the founder of REBallers, is a franchise owner and a Developmental Agent of HomeVestors “We Buy Ugly Houses”.  Today, Vee is actively buying and selling properties in Houston, Austin, San Antonio, and Corpus Christi, TX while growing her rental portfolio of long term and short-term rentals.Visit our website to get more information: https://reballers.com/ Episode Highlights00:00 Introduction04:35 The Journey into Real Estate Investing07:48 Understanding Wholesaling and Wholetailing10:07 Finding Reliable Agents and Contractors15:47 Navigating New Markets and Challenges22:04 Finding Buyers in New Markets32:27  The Impact of Online Auctions on Deal Flow34:05 The Intersection of Real Estate and Cryptocurrency36:02 NFTs and Real Estate: A New Frontier42:09 Market Conditions: Then and Now45:07 Innovations in Co-Living Spaces49:26 Advice for the Younger Self50:42 Connect with PaulPlease visit our sponsors, which made this episode possible: AirDNA: https://tinyurl.com/Air-DNA Anderson Advisors: https://tinyurl.com/Anderson-Advisors Baselane: https://tinyurl.com/Base-lane Buzz Vacation Rentals: https://pm.buzzvacationrentals.com/ NREIG: http://nreig.com/reballers Jet Lending: https://tinyurl.com/Jet-Lending Wizehire: https://tinyurl.com/Wize-Hire ✅ Stay Connected With Us.

Join us on the REBallers Show as we reconnect with Jon Nolen, a former Marine turned real estate investor and pilot, who shares his unique journey in real estate investing. In this episode, Jon reveals why he transitioned from managing 20-25 property deals monthly to a focused approach of 4-5 high-impact deals. He discusses adapting to market changes, his CRM Pete, scaling back his operations for efficiency, and the importance of discipline and systems.Vee, the founder of REBallers, is a franchise owner and a Developmental Agent of HomeVestors “We Buy Ugly Houses”.  Today, Vee is actively buying and selling properties in Houston, Austin, San Antonio, and Corpus Christi, TX while growing her rental portfolio of long term and short-term rentals.Please visit our website to get more information: https://reballers.com/ Episode HighlightsPlease visit our sponsors, which made this episode possible: AirDNA: https://tinyurl.com/Air-DNA Anderson Advisors: https://tinyurl.com/Anderson-Advisors Baselane: https://tinyurl.com/Base-lane Buzz Vacation Rentals: https://pm.buzzvacationrentals.com/ NREIG: http://nreig.com/reballers Jet Lending: https://tinyurl.com/Jet-Lending Wizehire: https://tinyurl.com/Wize-Hire ✅ Important Link to Follow

In this episode of The Real Estate Ballers Show, Vee Le sits down with local real estate legend, David Buttross, to talk about his fascinating journey as an investor who's ventured into unique properties like golf courses and solar farms. David shares how he bought and sold a golf course, navigating the challenges of non-cash-flowing assets, and how he's now focusing on leasing land for solar farms, securing long-term passive income for his family. If you're curious about investing in unconventional assets that banks won't lend on, you won't want to miss this insightful episode!Vee, the founder of REBallers, is a franchise owner and a Developmental Agent of HomeVestors “We Buy Ugly Houses”.  Today, Vee is actively buying and selling properties in Houston, Austin, San Antonio, and Corpus Christi, TX while growing her rental portfolio of long term and short-term rentals.Please visit our website to get more information: https://reballers.com/ Episode Highlights00:00 Intro01:19 Sponsor Messages03:23 Owning and Managing a Golf Course08:04 Venturing into Solar Lending11:07 Journey in Real Estate17:43 Partnering for Financing19:50 Creating the Market21:58 What's Next in the Office Space25:51 Solving Problems: The Key to Real Estate Success30:02 Predicting a Market Correction 31:00 The Risks of Investing in Vacation Rentals36:52 Advice for Young Investors37:28 Connect with David ButtrossPlease visit our sponsors, which made this episode possible: AirDNA: https://tinyurl.com/Air-DNA Anderson Advisors: https://tinyurl.com/Anderson-Advisors Baselane: https://tinyurl.com/Base-lane Buzz Vacation Rentals: https://pm.buzzvacationrentals.com/ NREIG: http://nreig.com/reballers Jet Lending: https://tinyurl.com/Jet-Lending Wizehire: https://tinyurl.com/Wize-Hire ✅ Stay Connected With Us.

Welcome back to another exciting episode of Passive Income Pilots! This week, Tait and Ryan talk with Jules Sneddon and Trevor Moss from the National Real Estate Insurance Group to explore everything you need to know about insuring your real estate investments. From protecting against storm damage to navigating the rising insurance costs in high-risk areas like Florida, Jules and Trevor break down the essentials. They share expert tips on choosing the right coverage, avoiding common pitfalls, and how to vet a reliable insurance carrier. Jules Sneddon is the Executive Vice President of Sales and Marketing at National Real Estate Insurance Group, with over 32 years of experience in the insurance industry. She is also a licensed real estate agent and soon-to-be broker. Jules is known for her expertise in helping real estate investors navigate complex insurance needs, ensuring they have the right portfolio coverage.Trevor Moss, the Director of Program Sales with 3.5 years at NREIG, is dedicated to ensuring investors are fully protected and educated about their insurance options.

In this episode of the Real Estate Ballers Show, Chris Logan and Vee Le dive into the essentials of wholesaling real estate virtually. He shares his journey into virtual wholesaling and offers expert tips on identifying markets, building a buyer's list, and closing deals. Chris emphasizes discipline, focus, and his two-step formula for finding profitable territories. He also highlights the value of cold calling to generate leads and managing a virtual team.Whether you're just starting or refining your operation, this episode is packed with actionable strategies. Plus, DON'T MISS CHRIS LOGAN'S FREE Five Baby Steps to Wholesaling Houses from Home giveaway!Vee, the founder of REBallers, is a franchise owner and a Developmental Agent of HomeVestors “We Buy Ugly Houses”.  Today, Vee is actively buying and selling properties in Houston, Austin, San Antonio, and Corpus Christi, TX while growing her rental portfolio of long term and short-term rentals.Please visit our website to get more information: https://reballers.com/ Episode Highlights00:00:00 Introduction00:04:05 What Success Means to Chris00:05:34 Maintaining Health and Fitness as an Entrepreneur00:08:54 Applying Discipline in Business00:12:56 Key Components of a Virtual Wholesaling Operation00:16:28 The Two-Step Formula for Successful Territories00:20:51 Assignment Fees and Wholesaling Opportunities00:26:13 Starting a Wholesaling Operation with Limited Funds00:31:29 Regulations and Legalities in Cold Calling00:36:20 Hiring Virtual Assistants and Overcoming Language Barriers00:45:11 The Four Pillars of Motivation in Making Offers00:57:06 The Five Baby Steps to Wholesaling Houses from Home00:58:16 Connect with Chris LoganPlease visit our sponsors, which made this episode possible: AirDNA: https://tinyurl.com/Air-DNA Anderson Advisors: https://tinyurl.com/Anderson-Advisors Baselane: https://tinyurl.com/Base-lane Buzz Vacation Rentals: https://pm.buzzvacationrentals.com/ NREIG: http://nreig.com/reballers Jet Lending: https://tinyurl.com/Jet-Lending Wizehire: https://tinyurl.com/Wize-Hire ✅ Stay Connected With Us.

In this episode of the Real Estate Ballers Show, we dive deep into insurance for real estate investors with Seth Markham from National Real Estate Insurance Group (NREIG). Whether you're dealing with vacant homes, occupied properties, renovations, or short-term rentals, Seth shares the must-know strategies to protect your investments. From flood insurance to handling title issues, we cover how the right insurance policy can secure your profits and safeguard your portfolio. If you're serious about real estate investing, this episode is packed with essential tips to ensure you have the right coverage in place.Vee, the founder of REBallers, is a franchise owner and a Developmental Agent of HomeVestors “We Buy Ugly Houses”.  Today, Vee is actively buying and selling properties in Houston, Austin, San Antonio, and Corpus Christi, TX while growing her rental portfolio of long term and short-term rentals.Episode Highlights00:00 Introduction02:27 NREIG and Their Services07:46 Flexibility & Convenience with NREIG's Policies11:13 Coverage for Different Occupancy Status13:53 Additional Coverage Options: Flood Insurance and Loss of Rent16:04 Exclusions and Customization of Policies26:18 Underwriting and Claim Process28:52 Connect with NREIGPlease visit our website to get more information: https://reballers.com/ NREIG: http://nreig.com/reballers NREIG Jules Sneddon: 816-946-8443Please visit our sponsors, which made this episode possible: AirDNA: https://tinyurl.com/Air-DNA Anderson Advisors: https://tinyurl.com/Anderson-Advisors Baselane: https://tinyurl.com/Base-lane Buzz Vacation Rentals: https://pm.buzzvacationrentals.com/ NREIG: http://nreig.com/reballers Jet Lending: https://tinyurl.com/Jet-Lending Wizehire: https://tinyurl.com/Wize-Hire ✅ Stay Connected With Us.

In this episode, Vee Le and Rich Drake discuss key strategies for real estate investing and thriving in a shifting real estate market. They cover handling insurance claims, adapting to market changes, and leveraging technology. Rich shares insights from the 2008 crash, highlighting the importance of innovation and strong systems. Whether you're new or running multiple real estate businesses, this episode offers valuable advice on building long-term success.Vee, the founder of REBallers, is a franchise owner and a Developmental Agent of HomeVestors “We Buy Ugly Houses”.  Today, Vee is actively buying and selling properties in Houston, Austin, San Antonio, and Corpus Christi, TX while growing her rental portfolio of long term and short-term rentals.After serving in the US Navy, Rich purchased a HomeVestors franchise in 1997 and became a top-performing franchisee, buying over 1,500 houses and acquiring 200+ rental properties. He later co-purchased a Renters Warehouse franchise, growing it to the largest in the nation. Today, Rich is a Professional Implementer for EOS Worldwide, helping businesses achieve their goals using the Entrepreneurial Operating System.Visit our website: https://reballers.com/ Episode Highlights00:00 Introduction00:57 Sponsor Messages02:51 Dealing with Insurance Claims04:47 Adapting & Thriving in the Real Estate Industry07:35 2008 Market Crash09:49 Impact of Politics on Real Estate11:17 Staying Relevant in Real Estate17:07 What All Businesses Have in Common25:27 Vision, People & Processes in Business28:57 Core Values in Business29:39 Opinions on Business Coaches36:19 Advice to Young Investors40:50 Challenges of Being a Landlord47:23 Connect with RichPlease visit our sponsors, which made this episode possible: AirDNA: https://tinyurl.com/Air-DNA Anderson Advisors: https://tinyurl.com/Anderson-Advisors Baselane: https://tinyurl.com/Base-lane Buzz Vacation Rentals: https://pm.buzzvacationrentals.com/ NREIG: http://nreig.com/reballers Jet Lending: https://tinyurl.com/Jet-Lending Wizehire: https://tinyurl.com/Wize-Hire ✅ Stay Connected With Us.

Struggling with the ups and downs of the real estate business? In this episode of REBallers, we explore the inevitable rollercoaster of the real estate market with insights from experienced investors. Learn how to identify slumps, make better decisions under pressure, and use proven strategies to turn things around. Our expert guests reveal their best tips for maintaining a positive mindset, avoiding desperate moves, and staying resilient in the business. Whether you're just starting out or have years of experience, this episode is packed with practical advice to help you navigate the highs and lows of real estate investing. Don't miss these valuable takeaways!Vee, the founder of REBallers, is a franchise owner and a Developmental Agent of HomeVestors “We Buy Ugly Houses”.  Today, Vee is actively buying and selling properties in Houston, Austin, San Antonio, and Corpus Christi, TX while growing her rental portfolio of long term and short-term rentals.Please visit our website to get more information: https://reballers.com/ Episode Highlights00:00 Introduction01:23 Sponsor Messages03:08 Defining a Slump03:30 Strategies for Getting Out of Slumps11:11 The Big DON'Ts of Slumps16:01 Anticipating The Slumps21:50 Key Takeaways

From rescuing lives in Alaska to buying land and creating real estate notes, the Rumers share their story of transformation, resilience, and smart investing. In this interview, Crystal and Rick break down their approach to buying large tracts of land, subdividing, and using owner financing to generate steady cash flow. They also explain the power of note investing, detailing how they help investors earn passive income without the hassles of property management. Whether you're new to real estate or looking to diversify your investment strategy, this episode is packed with valuable insights and actionable advice.Enjoy the video!*****************Vee, the founder of REBallers, is a franchise owner and a Developmental Agent of HomeVestors “We Buy Ugly Houses”.  Today, Vee is actively buying and selling properties in Houston, Austin, San Antonio, and Corpus Christi, TX while growing her rental portfolio of long term and short-term rentals.Please visit our website to get more information: https://reballers.com/ Episode Highlights00:00:00 Introduction00:01:07 Sponsor Messages00:03:42 Building a Place of Refuge in Alaska00:15:37 Their Real Estate Journey00:15:58 Originating Notes and Subdividing Land00:17:04 Introduction to Notes00:23:46 Subdividing Land00:26:57 Criteria to Look for in Land00:36:53 Understanding Entitlement & Development00:39:10 Note Terms and Interest Rates00:44:57 Exit Strategies00:48:08 Compliance and the Role of an RMLO00:49:58 Seasoned Notes00:52:25 Selling Notes Above Face Value00:56:18 Partial Notes01:00:41 Advice for Young Investors01:08:04 Connect with The RumersPlease visit our sponsors, which made this episode possible: AirDNA: https://tinyurl.com/Air-DNA Anderson Advisors: https://tinyurl.com/Anderson-Advisors Baselane: https://tinyurl.com/Base-lane Buzz Vacation Rentals: https://pm.buzzvacationrentals.com/ NREIG: http://nreig.com/reballers Jet Lending: https://tinyurl.com/Jet-Lending Wizehire: https://tinyurl.com/Wize-Hire ✅ Stay Connected With Us.

In this episode, Vee Le and Michael Hoang dive deep into the world of real estate investing, focusing on strategies that lead to financial freedom. They discuss the power of house hacking to generate income and build equity. Listen as they discuss the importance of controlling your debt-to-income ratio for expanding investments, the benefits of multifamily investing, and the role of financial literacy in achieving early retirement. Vee, the founder of REBallers, is a franchise owner and a Developmental Agent of HomeVestors “We Buy Ugly Houses”.  Today, Vee is actively buying and selling properties in Houston, Austin, San Antonio, and Corpus Christi, TX while growing her rental portfolio of long term and short-term rentals.Michael achieved financial freedom with just three houses, and recently retired from his corporate job to pursue full time real estate investing. Michael specializes in direct to seller marketing, BRRRR method investing, house hacking, and he is now pursuing multi-family investing.Episode Highlights00:00 Intro00:34 Sponsor Messages06:08 House Hacking Strategies11:02 House Hacking Essentials14:19 Meaning of Financial Freedom16:01 Michael's First Deal17:36 Selling vs Refi18:53 Benefits of Multi-Family20:17 LP vs GP23:51 Michael's Key to Early Retirement28:20 Scarcity vs Abundance Mindset29:46 Traveling with New Found Freedom32:13 What's Next?38:25 Quitting His Job42:25 Advice to His Younger Self47:43 Connect with MichaelPlease visit our sponsors, which made this episode possible: AirDNA: https://tinyurl.com/Air-DNA Anderson Advisors: https://tinyurl.com/Anderson-Advisors Baselane: https://tinyurl.com/Base-lane Buzz Vacation Rentals: https://pm.buzzvacationrentals.com/ NREIG: http://nreig.com/reballers Jet Lending: https://tinyurl.com/Jet-Lending Wizehire: https://tinyurl.com/Wize-Hire Please visit our website to get more information: https://reballers.com/ ✅ Stay Connected With Us.

Have you ever been caught off guard by the fine print in an insurance policy? Clint Coons, Esq. and Shawn Woedl of National Real Estate Insurance Group uncover the often overlooked details of property insurance that could spell disaster or salvation for your investment portfolio. We dig into the labyrinth of insuring your LLCs and land trusts, as we scrutinize landlord insurance and why it's a whole different ballgame from your typical homeowner's policy. From accidents on vacant lots, fentanyl-related incidents, dog bites, and even snakes in the rafters, Shawn's expertise sheds light on some wild scenarios where the tailored solutions offered by National Real Estate Insurance Group will have you covered. Shawn Woedl is the President of National Real Estate Insurance Group. He is an industry-recognized speaker and educator with an emphasis on Commercial Property and Premises Liability. He brings over 12 years of professional and personal experience in real estate, business, and insurance to NREIG's unique, investor-oriented brand. Highlights/Topics: How is landlord insurance different than a homeowner policy? Some common policy exclusions you may not know about Fentanyl-related claims, toxic mold may be excluded Dog bite coverages, breed exclusions, snakes in the rafters! Injuries/coverage on vacant land lots Beyond primary liability - umbrellas and additional liability coverage Coverage for LLCs and land trusts “Subject to” property transactions Don't go in ‘blind' - do your due diligence, or have NREIG do it for you! Request a coverage estimate from NREIG with the link below Resources: Request a coverage proposal NREIG https://affiliate.nreig.com/Anderson Shawn Woedl LinkedIn https://www.linkedin.com/in/shawnwoedl/ Tax and Asset Protection Events https://andersonadvisors.com/real-estate-asset-protection-workshop-training/?utm_source=aba&utm_medium=podcast&utm_content=why-landlord-insurance-is-vital-for-real-estate-investors Anderson Advisors https://andersonadvisors.com/ Anderson Advisors Podcast https://andersonadvisors.com/podcast/ Clint Coons YouTube https://www.youtube.com/channel/UC5GX-U6VbvMkhSM1ONBiW8w

Real Estate and Investment Training with NREIG . The National Real Estate Investment Group. On this Building Fortunes Radio episode Financial and Wealth Creation with NREIG Mike Harrington and Peter Mingils with PM Marketing  

Youmongus Ad Network showcased NREIG. The National Real Estate Investors Group. On this episode, v

PM Marketing Networkleads owner Peter Mingils invites NREIG Founder Mike Harrington Wealth Creation Platform

Building Fortunes Radio and Mike Harrington on NREIG real Estate Investors Group with Peter Mingils

Building Fortunes Radio with founder National Real Estate Investors Group Mike Harrington NREIG Real Estate with Peter Mingils

Building Fortunes Radio with Save Money with Payments Software with NREIG Mike Harrington and Peter Mingils on PM Marketing NetworkLeads 

Real Estate and Savings Software with Peter Mingils and National Real Estate Investors Group Mike Harrington NREIG

Building Fortunes Radio and NREIG Mike Harrington on Real Estate Home Based Business with Peter Mingils 

Building Fortunes Radio introduces Mike Harrington NREIG real Estate Investors Education with Peter Mingils 

National Real Estate Investors and Mike Harrington NREIG with Peter Mingils Building Fortunes Radio

Mike Harrington Training on National Real Estate Investors Group NREIG on Building Fortunes Radio

Peter Mingils and Building Fortunes Radio on Mike Harrington on NREIG Real Estate Investors Group Opportunity 

What does every real estate investor need to know in 2021? Obtain the right insurance at the right time for your properties. Make sure if something goes wrong, you're protected.  Today, Clint Coons of Anderson Business Advisors talks to Shawn Woedl, President and CEO of the National Real Estate Insurance Group (NREIG). Shawn’s responsible for overseeing all aspects of the agency, specifically focused on maintaining strong carrier and industry relationships, developing new and innovative product offerings, and managing internal sales and service processes. He is an industry recognized speaker and educator with an emphasis in commercial property insurance Shawn has helped grow NREIG into the largest insurance program in the country, insuring more than 88,000 locations. Through Shawn’s efforts, NREIG has expanded to accommodate investment properties up to 20 units, vacation rentals, and non-performing notes. He has enhanced coverage options for terrorism, earthquake and sinkhole, tenant protector plan, and cyber liability to fill gaps that investors may experience in their property and liability coverage. Highlights/Topics: If you're going to be a landlord, you're going to buy property, and you're going to hold it long-term, what type of policy or coverage do you need? At minimum, you need property and liability coverage. What’s covered and what’s not? Not every carrier is the same. Read your policies to figure out vacancy versus occupied provisions. A tenant’s pet gets sprayed by a skunk, and everything smells like skunk. If I'm a landlord and the tenants vacate, how do I protect against that type of event? Require your tenant to carry renter's insurance and make sure that policy has a provision that covers damage by pets. What about toxic mold? Most property policies do exclude that completely. Build into policies at least a sub-limit. If a lender says you’ve got to have limited mold coverage, that sub-limit will provide enough coverage to satisfy them. When I build out my portfolio and have eight properties, do I need to acquire a separate policy for each property, or can I get an umbrella policy that covers everything? You don't necessarily need eight policies for eight locations. Doing that puts you at the mercy of the underwriter on what they want to assign as property and liability rates for each risk. What about an excess liability policy? There are two options: Umbrellas go over multiple lines of coverage, and excess liabilities go to one line of coverage. Would we use the word, ‘additional insured in this policy’ anywhere? The only place to put additional insured or who would be listed as additional insured would be your lender. Do you need to see documents when doing this? What do you need from the client to put something like this together for the policy? No closing documents. Carriers don’t ask for that. They’re okay with just what the insured provides. When we’re setting up structures, anonymity is important. You’ll put it in the name of the trust, that’s no big deal? It’s in the name of the trust, but you can list the trustee in the name insured in addition to that actual trust name. Is there a special type of policy you need with an Airbnb? Not really. The Airbnb industry took the insurance industry by storm. For the longest time, trying to obtain insurance coverage for an Airbnb was difficult because liability exposure was written differently. Insurance coverage is not cheap on the liability side. Resources National Real Estate Insurance Group (NREIG) https://nreig.com/ NREIG’s Resources https://nreig.com/resources/ NREIG's Tenant Protector Plan (TPP) https://nreig.com/products/tenant-protector-plan/ NREIG Affiliate https://affiliate.nreig.com/anderson Real Estate Investors Association (REIA) https://nationalreia.org/ Clint Coons https://andersonadvisors.com/clint-coons/ Anderson Advisors https://andersonadvisors.com/ Anderson Advisors Tax and Asset Protection Event https://andersonadvisors.com/asset-protection/ Anderson Advisors on YouTube https://www.youtube.com/channel/UCX5nh607M8hSBLiMB9MgbIQ  

Building Fortunes Radio presents Real estate Investors Group NREIG Owner Mike Harrington Training and Career

Building Fortunes Radio and Peter Mingils presents Mike Harrington on NREIG National Real Estate Investors Group Financial training

Peter mingils Hosts Building Fortunes Radio with NREIG Training with Mike Harrington owner National Real Estate Investors Group  

Building Fortunes radio with Pandemic Planning National Real Estate investors Group NREIG Mike Harrington and Peter Mingils

OmniKey Realty cohosts a live webinar with NREIG to share about property and business protection options. Attendees learn from Leah Slaughter and Shawn Woedl as they discuss the Tenant Protector Plan and cheaper insurance options with more coverages for landlords.

Shawn Woedl, SVP of National Real Estate Insurance Group (NREIG), is on the show to discuss questions you should be asking when you are looking into insurance coverage. If you have been (or could be) impacted by hurricanes or wildfires, we get into property insurance rates. Be sure to check-in with your agent or policy holder to make sure you are updated and you have the correct coverage. Are you branching out with your investments? We are discussing alternative opportunities for investment like Airbnb and cannabis. You read that correctly — cannabis. You want to be careful with liabilities and make sure you are covered. When deciding on what property coverage to purchase, should I buy replacement cost coverage or is actual cash value sufficient? It all depends on the scenario, but Shawn has the inside scoop for which one you should pick and gives some helpful solutions. Also, premise liability coverage can be harmful without understanding what it covers, so tune in now to make sure you are fully covered! Find out more about Shawn Woedl and the team at NREIG at www.NREIG.com  

Let’s face it, even if you use an LLC, you still need insurance. However, when we need insurance for LLCs, corporations, and land trusts, our local insurance people and providers don’t know how to write the right type of policy to protect our assets. Clint Coons of Anderson Business Advisors talks to Shawn Woedl from the National Real Estate Insurance Group (NREIG) about the importance of insurance and different types of policies that are available. Highlights/Topics: Creating a Limited Liability Company (LLC) doesn’t relieve you of your responsibility to insure the property REIGuard: Accommodates portfolio of one to four family rental dwellings or any line of commercial real estate through any phase of occupancy, anywhere in the country Flippers should purchase Builder’s Risk Forms that include liability coverage for the premises Fix and flips are highest risk type of property for an insurance company; investors are forced to buy a longer-term policy, but won’t get a refund if they sell the property sooner Liability claims take down a company faster than any property loss, regardless of size General Contractor’s Policy covers faulty workmanship; a general contractor needs to provide Certificate of Liability Coverage and Workers’ Compensation Coverage Call monthly to verify their coverage, or add yourself to their General Contractor’s Liability Policy Flipping through a corporation can make it difficult to obtain policies; some carriers only offer coverage in the property owner’s personal name Local insurances don’t insure LLCs, only individuals, because of pre-negotiation through their reinsurance treaties and contracts, so they can’t accommodate for it Insurance agents encourage separate policies for each LLC, not an umbrella policy, to run up the cost; NREIG can aggregate them under one policy to lower rates Name anyone who has an ownership interest in the property that can potentially be included in a lawsuit as additional insured on your policy New investors who come to NREIG discover that they have many choices for property and liability insurance; NREIG structures unique coverage based on client’s needs Resources National Real Estate Insurance Group REIGuard Clint Coons Anderson Advisors Tax and Asset Protection Event Full Episode Transcript: Clint: Hi everyone, it’s Clint Coons here with Anderson Business Advisors and today I have Shawn Woedl on from National Real Estate Insurance Group, and he’s going to talk to us about the importance of insurance and the different types of policies that are out there. We all know as real estate investors that when you go out and you try to find insurance, you talk to your local guide. Many times they look at you as if you’re from another planet, because you’re using strategies that they’re unfamiliar with. We’re talking about LLCs, corporations, and land trust and we’re putting our properties into these entities or as a protection. Many times, when we need the insurance, our local insurance individual does not know how to write the right type of policy that we need to protect our assets. Because let’s face it, even though you use an LLC, you still need insurance. Just this week, I was speaking to an attorney who’s an investor. They called me up, and he said, hey, I have this property in an LLC, and my tenant has been hurt. The ceiling fan fell down and hit him on his foot, and he can’t walk anymore, he’s going to be permanently disabled, and he’s suing my LLC and I don’t have insurance. You think I have a problem? Now, of course, you do have a problem, because even though you create a Limited Liability Company, it doesn’t relieve you of your responsibility to insure the property. So, when we’re setting up these structures, it’s imperative that you get the right information. That’s why I brought Shawn on, I think he can explain, why that’s important. We’re going to ask him a number of questions, and hope that by the end of this, you’re going to understand this is the group you want to go to. So, Shawn, thanks for coming on. How are you doing? Shawn: Doing well, thanks. Thank you, Clint, for having me. Clint: Great. With National Real Estate Insurance Group, can you just give me a brief background as how this came together –  this group, because you offer a number of products out there that I think are really advantageous for investors. Shawn: Absolutely. National Real Estate Insurance Group itself is a national independent insurance agency who are licensed and active in all 50 states, with a focus on real estate investors. About twenty years ago, we developed what’s now known as the REI guard insurance program, and it kind of started with two separate programs that came together as one. We have Mike Wrenn here, one of our owners in Kansas City that was working with the home investors franchises and developed renovators insurance, which was a short term program for guys and girls who were doing fix and flips that needed a month or two of coverage and the insurance industry wasn’t responding to their need. Tim Norris and myself were in Cincinnati, Ohio, and we were developing National Real Estate Insurance Group and National Condo and Apartment Insurance Group, with the focus on residential real estate investors that were buying hold opportunities, as well as larger apartments, condo, association, really any line of commercial real estate. In 2010, after really passing some business opportunities back and forth that multiple events across the country, Tim and Mike actually merged their agencies, and developed this crazy program called through National Real Estate Insurance Group called REIGuard, that now can accommodate for a portfolio, one to four family rental dwellings through any phase of occupancy, anywhere in the country, on monthly recording. And then in 2014, I went ahead and merged my agency as well, and we now can accommodate really for any line of commercial real estate an investor decides to dive into. Clint: Wow. I mean that just, I mean, seems like it’s perfect for our clients especially, because at Anderson, we pride ourselves as being a one-stop shop for real estate investors, giving them the tax information, business planning, and asset protection, even a state planning. And it seems like what you’ve done with National Real Estate Insurance Group is hit the same type of demographic target, and that you saw there was a need out there, and people could then go to one place to make sure all their insurance needs are covered. And that’s refreshing, because I know how frustrating it can be, even with my own investing. As I tell people, I own over a hundred properties and it’s just difficult to go out there and find an agent that gets it, and it sounds to me in my experience with working with you, that you guys understand it. And I can tell you this, it took us a long time to finally find someone such as National Real Estate Insurance Group that understands real estate investors. I’ve been real happy with our relationship, to make you a trusted resource for our clientele because of the value you bring to them. So with that, you’re talking about policies. Can you tell me why is a flipper, because we have a lot of flippers, they go out, they buy and sell properties. I don’t think they understand the importance of the insurance, and what type of insurance should they get? Shawn: So, a couple of quick points that I’d like to make on those builders risk type of policies, or forms that these investors can purchase for these fix and flip opportunities: one, it’s typically a builders risk forms for property only. So, unless you specifically ask for liability coverage, that can be an exposure on a lot of builders risk forms to think of, maybe slips and falls, personal injuries like you just mentioned with one of your friends there, that’s happening, those are exposures on a lot of builders risks forms unless you specifically ask for liability to be included for the premises. Understanding the market the way we do, because we’re all investors ourselves, we of course include that into our forms, but to just kind of piggyback on that –  renovation properties, short term fix and flips, are considered probably the highest risk type of property for an insurance company to agree to insure. There’s lots of parties going in and out, there’s a lot of ongoing operations, typically, those are susceptible of theft or people breaking and entering. So, insurance companies are going to force investors most of the time to come in and buy a longer-term policy, a six-month to an annual policy, which doesn’t make a lot of sense if the flip in your possession, you think you’re going to have it done in three to four months. Because these policies are fully entered in conception. Meaning, from the get-go, as soon as you agreed to purchase coverage from your carrier, you have to pay the full premium up front, and by the way, if you cancel early because that flip’s completed, you can’t get any money back from the unused premium, that’s the cost of doing business with a lot of these carriers that will agree to actually take on risks, and it’s just on renovation property. And it’s really just because they don’t have an appetite for the risk they’re taking on and they don’t understand the market. Clint: Wow, yeah, I did not know that. I haven’t flipped properties in years, but yeah, I bet a lot of people think that when they buy a policy like that, once they cancel it, they’re going to get a refund of the premium, but they’re not. So that’s good to know. So you’re saying that with all your fix and flip policies, and you’re going to automatically include that liability coverage for them? It’s not something they have to ask for? Shawn: Yeah, this premises liability that’s going to be included on every opportunity that we propose and go over with an investor, whether it’s regardless of its occupancy, we think it’s more important to cover the liability exposure than any property exposure. Think about it, a liability claim, a wrongful death, a personal injury that is severe, can take a company faster down than any property loss regardless of the size. It’s the unknown, once you fail on it, liability goes a couple of years down the line where you think your business is growing well, and then all of a sudden get hit with a lawsuit for a slip and fall that occurred on the site a couple of years ago when you had ownership and percent of property. So absolutely, we always include liability. The only time we’ll ever remove it is if it’s specifically asked for by an investor during a proposal process. Clint: So, you just said something interesting in there. So if I bought this property and renovating it, and then I sell it, and then a year and a half later, somebody brings a claim, that they were injured on the property while they were working on it. You said that would be covered under your policy. Shawn: It would be covered – liability is a slippery slope, there’s a lot of gray areas, right? So, if the injury happened, and they were just maybe, maybe they were breaking and entering, or the house was left unsecured, and they fell down the steps and were injured, then yeah, then that type of exposure would be picked up under the premises liability coverage that was enforced at the time of the loss. If it’s a loss that was occurred under from general contractors negligent, or if you, as the investor, were actually doing the renovations yourself, and then a lawsuit was filed for faulty workmanship post-sale by the new owner, those are all types of stand-alone coverages that you have to purchase in addition to your premises liability. But yeah, a lot of those would be covered under the premises form. Clint: Got it. So there’s other policies you can or additions you can acquire when you’re purchasing a builders risk policy to cover that. So I’m going to give you an example. Just the other day, someone came into my office. They had rehabbed the property, they sold it, and it turns out there’s an issue with a catch basin in the basement. They have both greywater and rainwater that run into it, that pump it into the sewer lines. Supposedly, that’s not correct, and that needs to be changed. Would you have, would an insurance policy cover that type of change, that the contractor screwed up on or not? Shawn: The general contractors policy would pick that up, for faulty workmanship, right? So, your carrier, the premises liability, if needed, would provide you with defense clause, would go in and help you, you know, go against the general contractors policy, but that’s a GC exposure. So, you know, typically what we always recommend that our investors do, is when a general contractor comes on to your site just to bid on the property, to work on a property, they should be able to give you two pieces of information: their certificate of liability coverage that tells you their business is covered adequately, as well as their workers compensation coverage, if they have employees that are going to be on site as well. And you know, the certificates of liability give you a couple of cool pieces of information that you can use. It gives you the carrier that wrote the piece of business, as well as the agency. So if you want to go in and reach out to the agency each month and make sure their premium is paid, this will get a nice shiny certificate for a year showing coverage by paying a month or two of premium up front. You can do one of two things, and I always recommend the second, but the first one is you can call monthly to make sure their coverage is in good standing, or you can learn as an investor that those general contractors policies can work for us as investors, and we do that by adding ourselves as additional insured to their general contractors liability policy for the duration of time they’re working on your property. Those are always, those are usually free to do, or at most it costs $50 to endorse their policy, it’s well worth it to pay that money if they’re bellyaching about it. But that extends their liability coverage to you, if they do something negligent and you’re named in the lawsuit. And equally as important, it’s going to notify you as an additional insured prior to their policy cancelling or non-payment, or any other underwriting issues, and you can get out ahead of it and make sure that it’s right. Clint: Wow. Sounds like, kind of like buying a tail, then, on their policy. Nice. So how about if they, when someone comes to you and they have a corporation, because a lot of our flippers will teach them is it, either flip through a corporation, or better yet, flip through unlimited liability company that is owned by a corporation. Does that pose any difficulty for obtaining these policies? Does it matter? Shawn: It does for a lot of carriers, and a lot of carriers are limited to only being able to offer coverage in the personal name of the owner of the property. Again, knowing the market as we do, we’re all residential real estate investors ourselves, it made little to no sense for us to put that limitation on our investors, so we can actually accommodate for any type of name insured ownership entity, we can still have them all on one single schedule so we can leverage portfolio size and activity to keep an investors property rates and costs down at a time, because you’ve got common ownership or interest in the property, so LLCs, corporations, IRAs, trusts, you name it, it can all be bundled together through our program. Clint: Okay, so hold on, I’m going to back to that topic, because that’s really important for the listeners here. But just on the side of talking about insuring the LLC, for instance, if it owns the property. Why don’t local insurances agree to insure the LLC? Why do they only want to insure the individual? What’s their hang up there? Shawn: The best I can tell you is that it’s already been pre-negotiated through their re-insurance treaties and contracts, if they have, that’s just, they can’t accommodate for it. And those are the companies that you run into, like the State Farm, the Farmers, the Allstates of the world, they’re all, by the way, tremendous companies for what they do, and what they specialize in are home and auto and some life policies, some lower-risk type of deals homeowner policies. When you start getting into the investor world, where these are higher risk locations, your tenant’s more likely to burn your house down than you are, they always offer the coverage out of a sense of obligation to their existing clientele. They don’t have an appetite for it, and you can tell by the fact that they require you to insure a property through a very high evaluation per square foot, more than you’ll ever recover from in a loss. And they do that in an effort to garner, to recover enough money in the premium to offset the risk they’re taking on on a higher risk location. So I think it’s just not having the appetite for the risk, more than anything, along with the contracts that they’ve negotiated to be able to extend coverage to them. Clint: Interesting. Yeah, I can never figure that out, because it seems to me like you’re insuring me, I’m the owner of my LLC, it’s still the same insurance policy, who do you care or what does it matter who owns it, if there’s a claim made, you’ve still got to pay, so yeah. That makes sense. So, when you’re talking about this bundling, that’s something that’s really important, because the few that I’ve talked to, clients that have actually found that maybe their State Farm agent would offer them a policy, and I’ll give an example here. An investor comes into their State Farm agent and they have six limited liability companies, with one property in each LLC. The agent tells them, you need to have six separate individual policies, we can’t give you an umbrella policy over all of these, we have to do six separate agreements. And it just seems to run up the cost. Did I hear you to say that you can aggregate them together, it doesn’t matter how the properties are held in different LLCs, we can do it under one? Shawn: Absolutely. That’s exactly what we do when it comes to property, and the primary premises liability, your underlying liability, we’ll touch on umbrellas here just a second, but it’s a master schedule for a particular investor or investment group, and it allows you to add and delete locations from your schedule as need me, but think about it, me, myself as your agent, right, if you came to me and said hey, I’ve got one location, and I’ve blanketed it out to the 250 different, you know, carriers that I’m contracted with. One location, as opposed to ten locations, as opposed to a hundred, the more leverage I can get with that underwriter to drive your property rate down. So when we do a one-off policy for each location, you’re really at the mercy of the underwriter on what they want to assign as a property rate, and that can be based on the different areas of the country maybe that you’re investing in. could just be the mood they’re in that day. So, leveraging that, just it gives me more, you know, kind of fire power to go to, ammunition, we call it, and you go to the underwriter and drive those rates down for you. Clint: So, tell me this. So, who should you name then as the additional insured on your policy? Shawn: You know, it’s a good question, and we run across that all the time, and you can look at a couple of things if you have a lender on the deal. So, somebody, you know, whether it’s private or a larger institution, they’re usually going to require that you listed as additional insured, or the very least, certificate holder on your liability insurance. That way, again, they’re notified prior to your policy lapsing for non-payment or any other underwriting issue, on the off-chance that they’re named in a lawsuit, which would never happen and your liability cover, it would also extend to them. But you can, you know, many property management companies, if you’re dealing with a large property organization, would also require that you list their company on your liability as additional insured, so, again, you do something negligent, their liability coverage, or excuse me, your liability coverage extends to them. And you can do the same thing, vice versa, and be listed on their liability coverage, but really, anyone that has an ownership interest in the property, they can be potentially dragged into a lawsuit. Clint: Okay. So as far as if you had a corporation that’s the manager of an LLC, should it be named then as additional insured, as well? Shawn: No, the corporation would be listed as first name insured, though if the corporation’s managing other locations, if they don’t have ownership ventures then at that point, yes. That doesn’t stop, that doesn’t prevent them from having to seek out the correct liability coverage to cover the property management operations, as well. But, at least with the premises, they’d be covered without being listed as additional as well. Clint: Perfect. Okay, so you can do business in all fifty states, right? Shawn: Absolutely. Clint: And then, for our clients, all they have to do, we have that link that we’ve set up that drives them right to your page and then they can put in some information and then someone will contact them, is that how it works? Shawn: Yeah, and we do things a little bit different, as you well know, I’m sure. The last thing we do, especially if a new investor comes to us, and says hey, I need coverage but I don’t know what kind of coverage I need. You know, we’re not just going to send them a proposal and say, hey, take it or leave it. The most important thing that all these investors, all of our investor friends can know is that they have so many choices when it comes to property and liability insurance. So, what we do is we get one of my license advisors or myself to actually jump on a phone call with our prospect. In the first ten, fifteen minutes of the call, we want to listen to you. We want to know exactly what your business model is, we want to know what your appetite for risk is, what you’re okay self-insuring, what you’re not, what you do, God forbid, a total loss occurs. Would you rebuild the property, or would you clean the land up, sell it, and go buy something else like it? Are there lending insurance requirements that we need to comply with? And then, we’ll help structure your coverage, unique, whatever your package need on it. Clint: Perfect. All right. Well, I want to thank you for taking the time to be on this podcast today, and I know that for sure we will end up giving hopefully more people brought over to you so they can have their insurance needs taken care of. So with that, Shawn, thanks a lot, looking forward talking to you in the future. Shawn: Thank you, Clint, have a good weekend. Clint: You too, bye.  

Senior Vice President of National Real Estate Insurance Group (NREIG), Shawn Woedl, is with us today to provide knowledge on insurance for investors. Whether your property is a rental, flip, or development, Shawn and his team of agents at NREIG assist you in making an informed decision on the coverage you should have for your property needs. Shawn also gives insight on common mistakes investors make, such as neglecting due diligence and liability coverage. Power Play of the Day: Abhi and Greg are all about being boots on the ground so you can do your due diligence and become a market expert. This week they want you to learn how to pick a market that will win.

Are your rental properties properly insured? Very few will provide you proper protection - so make sure you listen to this interview! FlipNerd.com interview with Tim Norris of National Real Estate Insurance Group. Get your copy of our FREE "Profiting with Rental Properties" Guide!