Jedi Hill experienced success leading up to the 2008 financial crisis, and then took a turn to the downside like many other investors during that tumultuous period. Now, after returning to the investing space, he is making incredible progress and is quickly growing his business to include investments in multifamily apartments and mobile home parks. He believes our current market is full of opportunities, but people are getting taken because they don’t know their numbers.
MISR EP52: Your Level of Diligence Separates the Real Syndicators Versus the Speculators
Oftentimes when underwriting and assessing a deal, investors tend to consider the insurance implications last, hence we often find ourselves asking, “why is the insurance binder the last thing that comes through?” J.T. Lynch provides both perspectives, one where he is an insurance broker, and the other where he is the multifamily real estate investor. In this episode, J.T. shares with us his thoughts on the effects a global pandemic may have on property insurance premiums; how to speed up the process so you can receive an insurance binder sooner; and a few key elements of a property you should consider that can significantly weigh in on insurance costs.