Wraps, Sub-To Mechanics and The Right Way Protect Your Investments
Don’t Be Insurance Rich and Cash Poor:
Knowing The Coverage You Need For “WRAPS, SUB-TOs & Assignments
You've heard the terms Wraps”, Sub-To's and Assignments,” but do you how and when they will work for your deal?
It's very important not to be, as they say, “a one trick poney.” You want to be able to solve as many distressed homeowners' problems as you can, so you will want to have many solutions for many situations.
At this fundamental Thursday, we have two crucial topics for you. First, Gaylene Lonergan of the Lonergan Lawfirm will be here to show the critical mechanics of Wraps and Sub-To's and Assignments. Then, Kim Stallings, of Heritage Risk Advisors will be here to show you how to protect your investments and hedge your losses using the “Right” Insurance Coverage…You don't want to be caught with your coverage down or missing, do you?
Wraps and Sub-To's are excellent property acquisition strategies not only do you absolutely have to have the paper work done correctly, so must you have them insured properly.
In the event of a partial or total property loss, or even a liability lawsuit, if you are not properly insured, you could find yourself financially devastated, your real estate investing career in jeopardy, or worse, your life savings wiped out and a large judgment against you.
Insurance is a topic that is often overlooked by real estate investors, landlords and wholesalers, even though it is a vital part of every successful property investing career.
If you want to be successful, you will want to know how to hedge yourself against lawsuits and large losses that could wreak financial havoc.
Join us for this Fundamental Thursday when you will have an opportunity to speak with a Real Estate Attorney and an Insurance Professional to discuss how to properly do the paperwork and how to proper cover wraps, sub-to’s and assignments.
Every property is different so then is the coverage possibilities. Under-insuring an investment property, over-insuring an investment property or having the wrong types of insurance on the investment property can all produce disastrous results.
Hope to see you here for this vitally important topics and most overlooked by real estate investors.
Here’s some of what you’ll learn…
- How Wraps Work
- Practical Use For Wraps
- Sub-To's and Your Responsibilities
- Assignments – How to Make Sure You Get Paid
- How the Insurance Contract Works
- Different Types of Coverage You Should Have
- How Much Is Too Much Coverage
- How to write Wraps Subs and Assignments
- Aluminum Wiring
Doors Open @ 6:30 pm (You're welcome to bring something to eat)
Presentation Starts @ 7:00 pm Ends between 8:30 and 9:00 pm
Can't Wait To See You Here!!
The DallasREIG Home Team