The way to make money in real estate is to pay attention to evey little detail in your investing business" Josh Caldwell
Pittsburgh, PA (PRWEB) September 03, 2012
PittsburghREIA.com will be the conduit for the lecture series known as insurance 101. The class is an outgrowth of the educational nature of the real estate investing club. Club activites are generally focused on the latest techniques that real estate investors need to know in order to make money in this economy.
The insurance class is geared towards helping members comply with insurance laws and avoiding costly law suits. Not every investor is a Donald Trump or a Warren Buffett. Avoiding financial loss is just as important to a real estate investor as making money. The title of the first installment of the class is “General Liability requirements for Rehabbers”, and it touches on some of the misconceptions that landlords may have about their liability in dealing with contractors. The article points out that many of the pitfalls that property owners face are not covered by the insurance policy of the contractors that work on a project. Any investor who does not know how that part of Pennsylvania insurance law works could be setting themselves up for a particularly costly surprise.
Investors who want to survive the turbulent real estate market in Pennsylvania, Need someone like Rebecca Wanovch. Real Estate investors outside of PA need to foster a relationship with someone like her. Every successful investor has a good insurance agent on thier team, to protect them from financial disasters. For disaster preppers, who are worried about life ending event a company like the Urban Survival Guide might be useful, but for the average real estate investor, a class like insurance 101 is perfect.
The author of the Insurance 101 publication is WPREIA member Rebecca Polachek Wanovich. Rebecca is an owner of the Pierson and Scott Insurance Agency. She is a vendor member of WPREIA, has a 25+ year history in the Western PA insurance marketplace as an independent agent, and has specialized in real estate insurance for over 15 years. To reach Rebecca, either call 412-835-5660 X109, or email rebecca(at)piersonandscott(dot)com.
Future educatonal classes from the Western PA Real Estate Investors Association will focus on areas like finance, flipping strategies, accounting for investors, and legal requirements for real estate investors. For anyone interested in learning about these subjects, the information will be deliveded via the clubs newsletter, which is provided for free to anyone who wants it. The goal of the WPREIA is to help investors make money. The invsting club, uses education as a vehicle to achieve financial freedom.