Welcome to the new season of GET IN THE CASHFLOW GAME with K&K! We are excited to share this season with you and introduce you to all the new guests who graced the show.
We tackle a new and very timely topic for our comeback episode – the US insurance crisis.
The US housing insurance crisis is a complex issue with no easy solutions. However, it is important to understand the factors that are contributing to the crisis so that we can work towards finding a solution.
The housing insurance crisis is being driven by a number of factors, including:
Increased construction costs: The cost of building materials has been rising in recent years, which is also driving up the cost of home insurance.
More expensive homes: The average price of a home in the US has been rising steadily, which means that homeowners are now carrying more insurance on their homes.
Increased litigation: Insurance companies are facing more lawsuits from policyholders who are claiming that their claims were denied unfairly. This is also driving up the cost of insurance.
The housing insurance crisis is a serious problem that is having a significant impact on homeowners and businesses. There is no easy solution, but it is important to work towards finding a way to make housing insurance more affordable and accessible.
Here are some of the things that can be done to address the housing insurance crisis:
Government intervention: The government could provide financial assistance to insurance companies to help them cover the costs of natural disasters.
Regulation: The government could regulate the insurance industry to make it more difficult for insurance companies to deny claims unfairly.
Innovation: Insurance companies could develop new products and services that are more affordable and accessible to homeowners.
The housing insurance crisis is a complex issue, but it is one that needs to be addressed. By working together, we can find solutions that will make housing insurance more affordable and accessible for everyone.
I hope this episode helps you to understand the US housing insurance crisis. If you have more questions, connect with us at firstname.lastname@example.org
Follow Krystle and Kenny on Instagram:
Krystle’s Instagram: krystlersimpson
Kenny’s Instagram: kennybsimpson
* Prime Corporate Services: Whether you’re new to owning a business or owning property or you’re an experienced business owner, Prime Corporate Services will help you and make the process so much easier. So, if you book a call the first thing they are going to do for you is help you understand what your business structure should look like, your corporate structure, tax planning, estate planning, and all of that. Maybe you’re saying, I’m brand new to starting a business and all of this sounds foreign and complicated, remember, this company helps new people just getting started every day. They will help you form the entity that’s best for you and walk you through the process. Visit https://primepartner.info/gitcg to schedule a free call!
* Cost Segregation Services: We have been working with Tim Looney at CSSI for a few years now and he has saved our clients and our hundreds of thousands, if not millions of dollars, in taxes doing Cost Segregation Studies. Let me give you a few examples. We bought a property in 2019, if we had just used straight-line depreciation, we would have saved about $18,750. Because we did a cost seg we saved $258,000 – that’s $239,350 more than standard straight-line depreciation in the first year! Call Tim Looney at (318) 469-9861 to schedule a complimentary property analysis, and tell him Krystle and Kenny sent you!
#realestate #podcast #realestateinvesting #housingmarket #inventory #sandiego #sandiegorealestate #realestateinvestor