“As a hedge Fund Manager and Educator, I am often invited to speak at commercial real estate events for organizations such as the Apartment Owners Association.”
Since the late 2013, and now through 2014, the main subject I am asked to speak about is: How I deploy millions of dollars in commercial and residential transactions and make millions in returns for the Investors in my Fund (www.MIGSIF.com) while eliminating the risk of frivolous lawsuits.
Most apartment building owners and other commercial properties feel the constant threat of unfair lawsuits that can wipe them out almost overnight.
Investors have insurance coverage on their properties, but the pressing question on their minds is: Will the insurance be sufficient to cover a large judgment claim by a litigant who has a devastating loss?
While risk comes in many forms, I am focusing in this article on frivolous lawsuits that seek astronomical awards and punitive damages.
If you are reading this and are thinking that such a bad event is highly unlikely to happen to you, then let me explain how the best insurance companies in the world mitigate risk: Their actuaries know that the more unlikely for an event to happen, the more devastating it would be if it happens.
Based on statistics and studies they minimize their exposure. Now that we got this out of the way, let me explain also that statistically 2 out of 3 businesses get sued in the United States.
The question in your mind should then be: Why be exposed when there is a simple and powerful way to be completely protected?
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