10k of Loss Rent Paid by Insurance

Multifamily Missteps Hosted by Christy Keeton

There are aspects in real estate investing that people overlook and that involve the inclusion of insurance, assignment of benefits, and other easily missed potential additional revenue streams. With the many controllable and uncontrollable factors influencing the industry, especially these crucial times, it is beneficial to utilize risk assessment yet, as Johnny Lynum points out, we must also take action.

[00:01 - 05:14] Opening Segment

• I welcome today’s guest, Johnny Lynum
• How his entrepreneurship heart led him to real estate

[05:15 - 12:37] How to Utilize the Characteristics of Insurance

• Johnny talks about his misstep and his solution
• The potential risk of not employing cost control approach
• Aim for clarity - Communication is key

[12:38 - 20:57] Risk Diversification in Light of Implementing Strategy

• What financial companies to consider in line with real estate services
• Feasible steps in generating additional income
• Where the true opportunity is in managing properties

[20:58 - 24:11] Closing Segment

• Why we should not overanalyze
• Final words

Tweetable Quotes:

“When you go through adversity, it sets you up for success. It's always an opportunity when you're going through some type of adversity.” - Johnny Lynum

“We got to make our dreams real and you got to take action and make it happen. Because right now, nobody's gonna give it to you. You got to go out there, take action, and take what it is that you're looking for and make it happen.” - Johnny Lynum

Learn more about Myers Methods of Multifamily Investing: http://bit.ly/37u6oK3

Register for Myers Methods Multifamily Investing Course: https://bit.ly/37iozkB

Learn more about the Mid-Atlantic Multifamily Conference: https://bit.ly/2V7SlCC

Support the show

Are you feeling overwhelmed with Multifamily deal analysis? Are you uncertain about the right investment? Christy is an expert underwriter and mentor and wants help you on your journey! Visit her website at www.ChristyKeeton.com to book a discovery call now.