Episode 20: An In-depth Look into Multi-family Insurance
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Insurance is an essential part of the process of operating in the real estate business. Today let's take a closer look at multi-family insurance with JT Lynch. JT is a commercial real estate broker with Ramey & King Insurance, an independent agency specializing in multi-family property coverage. He specializes in designing custom policies for commercial clients and believes in developing strong bonds within his network and clients.
In today's episode, JT discusses the basics of multi-family insurance and what you should look out for in insurance policies when investing in real estate. Join us in this insightful episode and learn about the basic insurance coverages and how to utilize these policies to add value to your investments.
Key Takeaways:
- How JT started learning the valuable lesson of investing
- An Overview of Multi-family Insurance
- What to look out for when insuring your properties
- Property improvements and how they can benefit you in the long run
- The Must-haves Insurance Coverage
- The importance of doing your due diligence on your current policy
- What to look out for in new deals
- Align your policies with what you aim for in the market.
- Trust your gut and be honest in your transactions.
Resources:
- Contact JT Lynch
- E-mail: jtlynch@rameyking.com
- LinkedIn: J.T. Lynch, CLCS, CRIS
