In this episode of "Real Deal Investing", hosts Jerron Kelley, a seasoned real estate attorney, and Larry Mastropieri, a real estate broker and agent, invite insurance expert and property investor Jerry Katz for an enlightening conversation. Katz, who is the owner of Premier Protection Insurance and an accomplished multifamily property investor, shares his fascinating journey from Moscow to Wall Street and then onto the world of real estate.
He recounts his experiences working on Wall Street, which included a stint with the infamous Wolf of Wall Street, and his painful losses during the tech bubble. Katz's realization about the importance of recurring revenue and asset-building led him to real estate investment and insurance.
Katz provides a glimpse into his investment strategies, such as buying distressed properties, adding value through rehab, and selling them at a profit, all guided by his in-depth local market knowledge. He also gives an account of how he avoided the 2007 real estate crash by identifying early warning signs and selling most of his portfolio just in time.
Adding another layer to his multifaceted career, Katz talks about how he got tired of paying insurance expenses and decided to open Premier Protection Insurance. Listeners gain insights into his journey of building a successful insurance business while simultaneously expanding his real estate portfolio. This podcast episode offers a compelling blend of anecdotes, practical advice, and a deep dive into the cyclical nature of the financial markets.
#realestateinvesting #realdealinvesting #jerrykatz #expertadvice #floridarealesate #realestate
Connect with Jerron: Jerron Kelley, Esq. www.kelleygrantlaw.com
Connect with Larry: Larry Mastropieri https://www.DiscoverSouthFlorida.com
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