Creative Capital Podcast 2: How Insurance Plays a Primary Role in Due Diligence & COVID-19 Updates
Creative Capital
Josh Ferrari
4.9 • 62 Ratings
🗓️ 28 April 2020
⏱️ 44 minutes
🧾️ Download transcript
Summary
RC Roux is a man of many talents. He has dipped his toes into many different facets of business & has proven himself to be a successful, serial entrepreneur. Having taken more than one business from ruin to riches, he has remained a top-tier salesman in his ground-up business called "The Roux Company" of which he has been running for 8 years. His experience in insurance, real estate investing, and economic analytics, make him the perfect candidate to tell us all about what we need to know when it comes to analyzing deals and how insurance plays a key factor in the due diligence process. Not only that, but he also goes over some of the changes we can expect to see in the insurance world, stemming from the COVID-19 pandemic! Don't miss out on this episode & don't forget to subscribe for more awesome content!
For the full transcription of this episode, visit our website @ https://www.ferraricapital.com/podcast/episode2
Transcript
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| 0:00.0 | You're listening to the Creative Capital Podcast. You're dying to learn about how you can create |
| 0:09.5 | wealth through real estate investing, then you come to the right place. |
| 0:13.0 | Join in every week as we go over the ends and outs of real estate investing and learn how |
| 0:18.3 | you two can become financially free. If the government comes in and says, oh, we're going to change the contract. |
| 0:28.6 | We're going to, you know, make it how we want it to read that creates a whole bag of worms now if you set a precedent that the government can come in and change any contract between people |
| 0:40.0 | One it's unconstitutional too if it actually goes, we've lost all our freedoms in this country, |
| 0:45.0 | because basically the government can come be in control, do whatever the hell they want. |
| 0:48.0 | What's going on, everyone? This is Josh Ferrari, host of the Creative Capital Podcast. |
| 0:53.4 | On today's show, we have a guy by the name of R.C. R. R.C. R. R.C. R. R. R. R. |
| 0:58.4 | R. C. R. R. R. C. R. R. R. R. M. He definitely has an entrepreneurial personality to him. |
| 1:05.0 | He is married to his wife named Brooke. |
| 1:09.0 | He has two boys, Wyatt and Logan. |
| 1:12.0 | He's originally from New Orleans, Louisiana. He moved to Mobile in 2003 for college. |
| 1:18.4 | He graduated in 2007 with a finance and economics degree. |
| 1:23.4 | His past experience includes commercial real estate agent. |
| 1:27.3 | He was a hardware store manager where he developed a commercial sales department from |
| 1:32.0 | scratch to providing 30% of store |
| 1:34.8 | sales two years later. He was a Habardasher and now he currently owns his own |
| 1:39.4 | insurance agency that has been going on for eight years. |
| 1:43.8 | So he's done just about a little bit of a little bit of everything and it looks like he got |
| 1:49.0 | into the real estate space maybe 10 or so years ago. So this guy has a wealth of knowledge for us today. |
| 1:57.6 | We go over things to be aware of when it comes to buying insurance for our |
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