Welcome to the Real Estate Asset Management Podcast! Today, we are joined by author, investor, property owner, and commercial real estate coach, Darin Garman! To start off this episode, we hear Darin’s story of coming from nothing (neither money nor experience) to building a company that mitigates the stress of its clients, all while being in the process of raising its deductibles and ensuring blanket coverages. Darin gives us advice on property cost surges and the main reasons for the property cost increase: property tax, property-casualty insurance, and cost of labor. Plus, we learn about why you should not chase the IRR, how to combat and understand the increase in inflation rates, and his take on how to deal with expenses outpacing income. With over 30 years of experience and 5 books under his belt, Darin’s advice is not to be missed!
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