Success in High-Risk Scenarios: Tips From An Insurance Specialist – Real Finds Podcast #15

Host: Gordon Lamphere, Director of Sales and Leasing at Van Vlissingen and Co.

Guest: Jeremy Goodrich, Host of “The Managing Commercial Real Estate Risk Podcast”

URL: https://youtu.be/uuRVFhyRGLE

Summary:

In this enriching episode of “The Real Finds Podcast,” commercial real estate agent Gordon Lamphere interviews Jeremy Goodrich, a commercial property management expert and host of “The Managing Commercial Real Estate Risk Podcast.” They dig deep into the importance of insurance within the commercial real estate industry.

The episode dispels common misconceptions about the insurance industry and delves into techniques employed by special operations to maximize success in high-risk scenarios. Jeremy shares insights into the paradigm shift towards data-driven insurance that balances risk and returns, bringing objectivity into deal pricing.

The dialogue navigates through strategies to persuade insurance companies to offer competitive pricing and accept risky deals. The conversation covers effective systems and risk management checklists, emphasizing the importance of a robust asset management team in commercial property management.

The podcast also discusses the changing landscape of insurance risk calculations influenced by climate change and frequent natural disasters. Wrapping up in the segment “The Real Finds Podcast Final Four,” Jeremy shares his expert views on the future trajectory of the commercial real estate insurance industry.

The episode concludes with a generous list of recommended books:

1. “The Hands-Off Investor: An Insider’s Guide to Investing in Passive Real Estate Syndications” by Brian Burke
2. “Raising Capital for Real Estate: How to Attract Investors, Establish Credibility, and Fund Deals” by Hunter Thompson
3. “Hug Your Haters: How to Embrace Complaints and Keep Your Customers” by Jay Baer
4. “Talk Triggers: The Complete Guide to Creating Customers with Word of Mouth” by Jay Baer & Daniel Lemin
5. “Youtility: Why Smart Marketing Is about Help Not Hype” by Jay Baer
6. “Youtility for Real Estate: Why Smart Real Estate Professionals are Helping, Not Selling” by Jay Baer & Erica Campbell Byrum
7. “The NOW Revolution: 7 Shifts to Make Your Business Faster, Smarter and More Socia” by Jay Baer & Amber Naslund