Episode 558

Invest Smarter: Turn Flood Zones into Gold Mines! w/ DJ McClure

Dive into the world of real estate investment with a focused lens on maximizing returns through strategic flood zone investments. In this enlightening episode, we're joined by DJ McClure from National Flood Experts, who brings a wealth of knowledge in navigating the complexities of flood-related properties and insurance. Discover key strategies to save money, ensure proper coverage, and significantly increase your investment portfolio's value.

**Connect with DJ McClure!** Get invaluable insights by going to [nationalfloodexperts.com](nationalfloodexperts.com).

**Real Estate Investing Insights:**

- Understanding flood insurance requirements and how they impact your investments.

- Tactical approaches to mitigating flood insurance costs.

- The importance of due diligence in flood zone properties for maximizing ROI.

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"Real estate investing, even on a very small scale, remains a tried and true means of building an individual's cash flow and wealth." - Embrace the journey to financial independence through smart and strategic real estate investments.


#FloodMitigation #FloodPolicy #InsuranceBroker #Mindset #Brrr


CHAPTERS:

0:00 - Intro

0:44 - DJ's Niche Entry Story

3:04 - Team Functions in Flood Insurance

7:35 - Tactics to Reduce Flood Insurance Costs

8:53 - Property Traits for Flood Zone Exclusion

11:26 - Case Study: Saving on Flood Insurance

11:32 - Potential Flood Insurance Savings

15:06 - Missed Opportunities in Flood Insurance

19:30 - Key Questions for Flood Zone Property Sellers

22:17 - Rapid Fire Questions

22:54 - Recommended Reading

23:18 - Tennis Lessons Applied to Business

23:55 - Advice to My Younger Self

24:19 - Real Estate Time-Saving Tool

25:42 - Final Thoughts

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"You can invest 10,000 hours and become an expert or learn from those who have already made that investment." - Jack

About the Podcast

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Real Estate Investing with the REI Mastermind Network

About your host

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Jack Hoss

We gather amazing stories from leaders in Real Estate Investing. In each episode, our guests will tell you what they are doing that works, what they tried that failed, and best of all you'll learn actionable steps to take your real estate investing to the next level.