How to Protect Your Real Estate Assets with Donnis Carr
In this episode of the Aid to Assets podcast, host Tiffany Watson interviews Donnis Carr, a real estate agent, property manager, investor, and broker-in-charge at A Dunn Deal Realty, Inc.
Donnis shares her inspiring journey from working in the school system to becoming a full-time entrepreneur in real estate. She emphasizes the role of building strong relationships and partnerships within the industry. Donnis also delves into the importance of protecting assets through insurance and trusts, highlighting key strategies for protecting your investments.
In this conversation, we’ll talk about the importance of life insurance and estate planning for homeowners and real estate investors. We need to leave a legacy and generational wealth for future generations. Tune in to learn everything there is to know about this!
00:00:00 Aid To Assets Introduction
00:01:26 Introduction to Real Estate
00:07:29 Interest in Real Estate Investing
00:10:24 Transition to Property Management
00:16:12 Importance of Building Relationships
00:19:21 Protecting Assets Through Insurance
00:28:25 The Cost and Value of Insurance
00:33:23 Financial Education and Planning
00:37:09 The Importance of Life Insurance
00:40:24 The Significance of Being Organized
00:43:47 The Role of Education in Real Estate
00:46:02 Connecting with Donnis
"You bring the insurance part in to cover that asset, just like if somebody says, 'I got a mortgage to my house, I don't want my family to have to worry about paying all this mortgage off.'" (00:21:30)
"Probate is to see who your loved one owes, and if they determine the only way to make sure they get their money is to sell the house, that's when they're going to release you to be able to do that." (00:38:01)
Wake County Schools https://www.wcpss.net/
Upper Room Church of God in Christ https://upperroomgospel.org/
TREIA - Triangle Real Estate Investors Association https://www.treia.com/
Invest Fest https://events.investfest.com/products/invest-fest-2024
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