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Invest Smarter: Turn Flood Zones into Gold Mines! w/ DJ McClure
Episode 55811th March 2024 • Real Estate Investing with the REI Mastermind Network • REI Mastermind Network | Real Estate Investing
00:00:00 00:26:45

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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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**SEO Keywords:** Real estate investing, flood zone investment strategies, multifamily assets, real estate investor, investment portfolio, REI Mastermind Network, real estate investment strategy, generational wealth.


"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

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