In this episode of the RE Social Podcast, hosts Andrew McCormick and Vince Rodriguez talk with Skylar Romines, Insurance Specialist and Founder/Owner at ATW Advisors, to break down the biggest challenges facing property investors, particularly in California, where wildfires and government policies are reshaping the landscape. Skylar shares expert insights on proactive insurance management, the cyclical nature of the industry, and how investors can protect their assets. They also dive into entrepreneurship, the power of personal branding, and the role of social media in business success. Plus, they discuss the importance of empowering women in business, real estate as an inflation hedge, and strategies for diversifying investments. Don’t miss this value-packed episode. Tune in now!

Key Takeaways

00:00:00 Welcome to the RE Social Podcast
00:03:01 The Rise in Insurance Costs
00:05:53 The Impact of Wildfires on Insurance
00:09:09 Advice for Investors in High-Risk Areas
00:11:57 Insurance Policies for Property Owners
00:17:54 The Future of Insurance in California
00:24:01 The Importance of Property Insurance
00:32:54 Business Growth and Future Plans
00:43:19 How to Fight Against Inflation
00:49:07 Diversifying Investment Strategies
00:52:12 Empowering Women in Business
00:56:21 How to Build a Personal Brand
01:01:36 Connect with Skylar

Quotes

"Building a really strong insurance team and being proactive about your insurance are two of the best ways to reduce operating expenses and improve your NOI." (00:02:44)

"One of the biggest issues I see is that people buy insurance without realizing that not all insurance is created equal." (00:31:22)

"You want people to feel like they know you while also remembering that you're the insurance person. This helps build a more natural networking arc, where you're not just talking about insurance all the time." (01:01:27)

Resources and Links

SO SHE DID by Skylar Romines https://a.co/d/4Tq8Crj

Connect with Skylar

https://www.instagram.com/skylarromines/

https://www.linkedin.com/in/1skylar/

https://x.com/skylarromines

https://atwadvisors.com/

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