By popular demand, Patrick Hodges is here to answer the most common questions about real estate insurance. Listen in to learn more about the coverage of umbrella policies and how to prevent issues with insurance when selling your mortgage in the secondary market.   WHAT YOU’LL LEARN FROM THIS EPISODE Big insurance companies vs. Nationwide insurance brokerages Factors that have impacted the insurance cost per sq ft Is there a limit for master insurance policies? Is it necessary to add your property manager as an additional insured? Why apartment investors need to be careful with coverage forms   ABOUT PATRICK HODGES Patrick Hodges is a business insurance specialist at Lipscomb & Pitts. His focus surrounds designing Commercial Insurance and Life Insurance programs while advising companies on strategies to help control their exposure to loss and total cost of risk. His areas of expertise include Commercial Real Estate, Construction, Manufacturing, and Distribution. Patrick specializes in creating nationwide master insurance programs for investors and managers of residential portfolios, apartment communities, office parks, and warehousing.   CONNECT WITH PATRICK Website: www.lpinsurance.com Facebook: Lipscomb & Pitts Insurance, A Higginbotham Partner LinkedIn: Patrick Hodges AAI, CIC, CLCS   CONNECT WITH US: If you need help with anything in real estate, please email: invest@rpcinvest.com Reach Ron: RP Capital Leave podcast reviews and topic suggestions: iTunes Subscribe and get additional info: Get Real Estate Success  

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#148: What You Need To Know About Insurance - Patrick Hodges

Are you a rental property owner tired of dealing with repairs? Amy Wright is here to share the solution that will save you a lot of time and money. Tune in as we get real about the benefits of home warranties, as well as what’s covered and what’s not.   WHAT YOU’LL LEARN FROM THIS EPISODE Why rental property owners should have a home warranty Ways to maximize your home warranty Things that typically aren't covered Is it a good idea to get add-on coverage? The importance of reading your home warranty   ABOUT AMY WRIGHT Amy Wright is a Senior Account Executive at Old Republic Home Protection, where she provides clients with comprehensive home warranty coverage and exceptional service. A veteran with 27 years of experience in real estate, she also owns a handyman general contracting company with her husband.   CONNECT WITH AMY Website: www.orhp.com   CONNECT WITH US: If you need help with anything in real estate, please email: invest@rpcinvest.com Reach Ron: RP Capital Leave podcast reviews and topic suggestions: iTunes Subscribe and get additional info: Get Real Estate Success 

#147: This Is Why You Need A Home Warranty - Amy Wright

If you have a few investment properties but don’t know how to keep growing your portfolio, dial in as Ron and Heather share the details of the masterclass they're putting together for those who want to take their real estate investing to the next level.   WHAT YOU’LL LEARN FROM THIS EPISODE Should we TAX the rich or BE the rich? The mindset you need to level up Why do you need to track your investments? The benefits of being surrounded by like-minded people Why does speaking up to your representatives matter?   RESOURCES FROM THIS EPISODE Who moved my cheese by Spencer Johnson M.D. www.rpcinvest.com/masterclass   CONNECT WITH US If you need help with anything in real estate, please email: invest@rpcinvest.com Reach Ron: RP Capital Leave podcast reviews and topic suggestions: iTunes Subscribe and get additional info: Get Real Estate Success  

#146: Grow Your Portfolio With This Masterclass

Issues with property management, repair expenses, and insurance are very usual after closing, and for new investors, the first reaction is to panic. If you want to start investing in real estate, listen to this episode with Jackie Hansen to learn the potential issues you can face on your first investments and how to navigate through them without wasting time or money.   WHAT YOU’LL LEARN FROM THIS EPISODE Why you should pay attention to your settlement statement? Do you need to pay for insurance if you're financing a property? What is an umbrella policy? In what cases is it useful? What to do when you don't understand something about your statement? How to identify the best time to buy or sell a property?   RESOURCES FROM THIS EPISODE Buildium AppFolio   ABOUT JACKIE HANSEN Jackie Hansen is Director of Acquisitions at RP Capital.   CONNECT WITH US: If you need help with anything in real estate, please email: invest@rpcinvest.com Reach Ron: RP Capital Leave podcast reviews and topic suggestions: iTunes Subscribe and get additional info: Get Real Estate Success 

#145: The Top 5 Most Common Issues After Closing - Jackie Hansen

Have you heard the most recent information on the proposed IRA restriction in the House Budget Reconciliation Amendment? If not, check out this episode to learn more about how these provisions would affect your retirement benefits.   WHAT YOU’LL LEARN FROM THIS EPISODE How these provisions impact retirement accounts Understanding the several restrictions on IRAs What are the disadvantages of these amendments to accredited investors? How IRA modification rules affect high-income individuals The increasing interest rates for mortgage refinancing    CONNECT WITH US: If you need help with anything in real estate, please email: invest@rpcinvest.com Reach Ron: RP Capital Leave podcast reviews and topic suggestions: iTunes Subscribe and get additional info: Get Real Estate Success  

#144: Urgent Message: The Impact of Tax Reconciliation Bill on Retirement Planning

#144: The Top 5 Most Common Issues After Closing - Jackie Hansen

Richard Advani is here to explain the main differences between conventional and non-conventional loans - including interest rates, requirements to access them, and down payment. If you can't qualify for a traditional loan, dial in and discover the best options available for you.   WHAT YOU’LL LEARN FROM THIS EPISODE The impact of the global pandemic on the lending business Buying in the name of an LLC: Conventional vs. Non-conventional loan products Interest rates for Non-QM loans. Are they fixed throughout the duration of the loan? How do No-Doc loans work? Who can access them? What you should know about cashing out of properties   ABOUT RICHARD ADVANI Richard Advani is a lender and real estate investor based in Southern California. He's been in the mortgage business for over 15 years and has closed thousands of investor loan transactions. He also owns 20 rental properties across the country and specializes in working with other real estate investors.   CONNECT WITH RICHARD E-mail: richard.advani@supremelending.com   CONNECT WITH US: If you need help with anything in real estate, please email: invest@rpcinvest.com Reach Ron: RP Capital Leave podcast reviews and topic suggestions: iTunes Subscribe and get additional info: Get Real Estate Success  

#143: The Nitty-Gritty Of Non-Conventional Loans - Richard Advani

Do you want to invest in real estate, but don't want to worry about finding a renter or managing repairs? If that's the case, this episode is for you! Nick Legamaro talks about the availability and the supply and demand difficulties of mortgage notes.   WHAT YOU’LL LEARN FROM THIS EPISODE Mortgage Inventory versus Property Inventory  Tips on how to get the best value from your mortgage notes  Understanding the basics of mortgages, second mortgages, and liens position Things to remember when investing real estate notes with your self–directed IRA  How to invest in real estate notes: the process, expenses, and loan performance   RESOURCE/LINK MENTIONED #131 | Are Mortgage Notes For You? (Part 2) - Nick Legamaro   ABOUT NICK LEGAMARO Nick ‘’The Note Guy’’ has been investing in real estate since 2001. He has bought, fixed, rented, sold, flipped, or been a lender on 1000+ properties. He also founded USANotePro.com; an online portal designed for real estate and note investors looking to create, buy or sell mortgage notes secured by residential real estate.   CONNECT WITH NICK Website: www.usanotepro.com Facebook: USA NotePro LinkedIn: USA NotePro   CONNECT WITH US: If you need help with anything in real estate, please email: invest@rpcinvest.com Reach Ron: RP Capital Leave podcast reviews and topic suggestions: iTunes Subscribe and get additional info: Get Real Estate Success 

#142: What It Means to Invest In Mortgage Notes - Nick Legamaro

In this episode, Ron and Heather discuss all the things you should consider when selling a rental property, including property value, rent, 1031 exchange, how to handle the tenants of a house you’re selling, and more!   WHAT YOU’LL LEARN FROM THIS EPISODE Current market rent vs. What tenants are paying Reasons to Sell a rental property How to do a 1031 exchange for a retail property? Is refinancing a good option? Rate-and-term vs. Cash-out refinance   CONNECT WITH US: If you need help with anything in real estate, please email: invest@rpcinvest.com Reach Ron: RP Capital Leave podcast reviews and topic suggestions: iTunes Subscribe and get additional info: Get Real Estate Success 

#141: Selling A Rental Property

For new investors, buying a rental property for the first time can be a little confusing from a mindset standpoint. Check out this episode and learn how to set the right expectations when purchasing investment properties and primary residences, and get tips for negotiating in both cases.   WHAT YOU’LL LEARN FROM THIS EPISODE How to negotiate for a primary residence? What to look for in the inspection process Is it easy to get a loan for investment properties? Closing issues for retail properties Offer/Counteroffer process of negotiating deals   CONNECT WITH US: If you need help with anything in real estate, please email: invest@rpcinvest.com Reach Ron: RP Capital Leave podcast reviews and topic suggestions: iTunes Subscribe and get additional info: Get Real Estate Success 

#140: Buying Rental Properties Vs. Primary Residences

Identifying the motivations and strengths of your employees is key to increasing productivity and employee retention. In this episode, Mike McCloskey explains in detail how a predictive index test can help you design your perfect team and optimize their performance. If you’re a business owner or managing teams, dial in and find out more about the test that made Ron Phillip’s jaw drop.   WHAT YOU’LL LEARN FROM THIS EPISODE Things that predictive index can tell you about yourself Why you shouldn't change things about yourself to fit into a job position The importance of understanding the needs of each role Minimum age to take a predictive index survey Strategies to improve the performance of low extroverted people Why employees need to be aligned with the core values of the company   ABOUT MIKE MCCLOSKEY Mike McCloskey is the founder and CEO of Human Lytics Team, a company that specializes in human resource management, leadership and executive development, organizational and human assessments, recruiting, and hiring.   CONNECT WITH MIKE MCCLOSKEY Phone: 800-406-7996 E-mail: support@humanlyticsteam.com   CONNECT WITH US: If you need help with anything in real estate, please email: invest@rpcinvest.com Reach Ron: RP Capital Leave podcast reviews and topic suggestions: iTunes Subscribe and get additional info: Get Real Estate Success  

#139: How Can A Predictive Index Test Help Your Business? - Mike McCloskey

When covid-19 related mortgage forbearance began, many people misunderstood its meaning and took it as an opportunity not to pay their debt. In this episode, Ron and Heather discuss the issues brought by the eviction moratorium and mortgage forbearance and share great news about rental properties. WHAT YOU’LL LEARN FROM THIS EPISODE Mortgage forbearance during the global pandemic Are banks losing their money? Tenants taking advantage of the eviction moratorium Does eviction moratorium actually help tenants? Performance of rental properties Are we about to face a tsunami of foreclosures? RESOURCES/LINKS FROM THIS EPISODE https://www.cnbc.com/2021/06/15/rents-for-single-family-homes-just-saw-the-largest-gains-in-nearly-15-years.html https://www.cnbc.com/2021/08/03/cdc-will-extend-the-federal-eviction-moratorium-through-oct-3.html https://www.cnn.com/2021/08/04/politics/supreme-court-cdc-eviction-moratorium/index.html https://www.washingtonpost.com/business/2021/08/01/tsunami-deferred-debt-is-about-hit-homeowners-no-longer-protected-by-foreclosure-moratorium/ https://fortune.com/2021/07/26/2021-housing-market-real-estate-foreclosures-mortage-forbearance/ CONNECT WITH US: If you need help with anything in real estate, please email: invest@rpcinvest.com Reach Ron: RP Capital Leave podcast reviews and topic suggestions: iTunes Subscribe and get additional info: Get Real Estate Success 

#138: What Is Happening With The COVID Hardship Forbearance?

Property management companies can save you a lot of time and stress, but there are a few things you need to watch out for. Check out another episode with RP Capital’s very own Jackie Hansen. Learn the responsibilities for both owner and manager and find out the things you should be aware of in management agreements. WHAT YOU’LL LEARN FROM THIS EPISODE Are property managers motivated to get good tenants? Routine property inspections Should you have your property management company on your insurance policy? Tips to follow up on your property manager Should property managers charge a fee for renewals? Maintenance fee CONNECT WITH US: If you need help with anything in real estate, please email: invest@rpcinvest.com Reach Ron: RP Capital Leave podcast reviews and topic suggestions: iTunes Subscribe and get additional info: Get Real Estate Success 

#137: What You Need To Know About Property Management - Jackie Hansen

Having enough knowledge and understanding of leverage can be a game-changer when it comes to multiplying your wealth. In this episode, Craig Feldmeier talks about how he transitioned from working in the stock market to joining RP Capital. Listen in and learn how and why it matters to take care of your own and your clients’ wealth. WHAT YOU’LL LEARN FROM THIS EPISODE Can stock provide you with passive income? How to take care of your clients? Reasons why your investments need to have a purpose Stocks vs. Real estate ABOUT CHRIS FELDMEIER Craig Feldmeier joined RP Capital in 2020 after a long tenured career on Wall Street advising ultra-high net worth clients on a wide range of investment and wealth planning services. A few years ago, Craig was awakened to a different philosophy on financial freedom, and soon found his true investment passion – Real Estate!  Craig was immediately drawn to RP Capital, first as a client and then as an advisor, because of their knowledge, loyalty, and transparency with their clients. His mission is to help his clients strategically generate cash flow – allowing them to live life on their terms.  CONNECT WITH US: If you need help with anything in real estate, please email: invest@rpcinvest.com Reach Ron: RP Capital Leave podcast reviews and topic suggestions: iTunes Subscribe and get additional info: Get Real Estate Success 

#136: Taking Care Of Your Wealth - Craig Feldmeier

In this episode, Ron and Heather address what everyone is asking: how to identify the right time to sell. Stay tuned as they get real on this topic and get some insights into buying and selling. WHAT YOU’LL LEARN FROM THIS EPISODE Why do primary residence buyers overpay On what occasions should you keep your property? What is depreciation recapture? Can you avoid it? What to consider when selling a property How to buy a better performing house without using your own funds Markets you shouldn't invest in CONNECT WITH US: If you need help with anything in real estate, please email: invest@rpcinvest.com Reach Ron: RP Capital Leave podcast reviews and topic suggestions: iTunes Subscribe and get additional info: Get Real Estate Success 

#135: When Is The Right Time To Sell?

A refreshing look at the good, the bad… and the crazy challenges business owners face while building a profitable business and a beautiful life. Real estate investing Power-preneurs Ron Phillips and Angela Thomas pull back the curtain, cut through the hype – and help you Get Real about success.

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