Darren Nix, CEO of Steadily and a savvy real estate investor, dives into the nuances of landlord insurance versus homeowner insurance. He sheds light on what landlord insurance actually covers and busts common myths surrounding it. Listeners will discover the typical claims landlords face and how geographic factors influence insurance costs. Additionally, Nix shares smart strategies for reducing insurance expenses, including the benefits of understanding underwriters and the idea of self-insurance. A must-listen for both new and seasoned property investors!
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question_answer ANECDOTE
Darren's Real Estate Journey
Darren Nix bought rental properties in cities he knew for diversification.
His real estate journey led him to focus on backing rental properties with insurance.
question_answer ANECDOTE
Struggles With Old Property Insurance
Darren struggled to insure an old Chicago rental, facing six times higher rates.
This experience revealed issues in landlord insurance pricing and availability.
insights INSIGHT
Why Specialized Rental Insurance Matters
Specialized rental property insurance can offer better, faster, and more affordable coverage.
Building a carrier focused solely on rentals addresses industry inefficiencies.
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Today on The Real Wealth Show, we’re joined by Jamil Damji—real estate wholesaler, co-founder of KeyGlee, and star of A&E’s Triple Digit Flip. Jamil opens up about his incredible journey: how he got started in real estate, lost everything chasing the wrong opportunities, and came back stronger to build a multimillion dollar wholesaling business.
We dive into the early wins, the painful mistakes, and the mindset shifts that helped Jamil not only recover—but thrive. He also shares why he believes now is the time to organize the industry through a National Wholesalers Association, and how that could shape the future of real estate investing.
🎁 Bonus: Download free chapters of Kathy’s book Retire Rich with Rentals at RealWealth.com/RetireRich
DISCLAIMER The views and opinions expressed in this podcast are provided for informational purposes only, and should not be construed as an offer to buy or sell any securities or to make or consider any investment or course of action. For more information, go to www.RealWealthShow.com
Real Wealth Show: Real Estate Investing Podcast 