Insurance is not often discussed when evaluating a real estate syndication, but it is critical to the success of your investment. It is important to ask the operator if they have business income insurance, umbrella insurance, and workers’ compensation insurance for the property and business. It is not enough to assume that the operator has these programs in place – this should be part of the investment evaluation. In today’s episode, Doug Levi shares his expert advice on these topics and what else we should be looking for from the insurance side of things. Doug is the Chief Encouragement Officer at Strategic Insurance Services and the author of Surviving the Insurance Jungle. Tune in with the master of risk management and learn how to evaluate the insurance program for your investments!
PassivePockets: The Passive Real Estate Investing Show