Keeping it REAL with Ruhi & Reggie

Climate Change is REAL

Ruhi Alikhan & Reginald Byrd Season 2 Episode 1

keywords

real estate, climate change, insurance, natural disasters, 2024 trends, property management, commercial real estate, earthquake preparedness, 1031 exchange

summary

In this episode of Keeping It Real, hosts Reggie Byrd and Ruhi Alikhan reflect on the past year, discuss the evolving landscape of real estate, and address the pressing issues of climate change and insurance. They emphasize the importance of being prepared for natural disasters and understanding insurance policies, especially in light of recent events. The conversation also touches on the extended 1031 exchange deadline and the need for proactive measures in real estate investment.

takeaways

  • 2024 was a year of reflection and growth.
  • Artistry Real Estate is expanding into commercial properties.
  • Natural disasters are becoming more frequent due to climate change.
  • Community leaders must prioritize disaster preparedness.
  • Insurance policies need to be reviewed regularly.
  • Understanding the dollar replacement value is crucial.
  • Price gouging during disasters is a concern.
  • The IRS has extended the 1031 exchange deadline.
  • Preparation for earthquakes is essential for safety.
  • Proactive measures in real estate investment are necessary.

titles

Navigating the New Year: Reflections and Real Estate Trends

Sound Bites

  • "2024 was a wonderful year."
  • "We need to be hyper vigilant."
  • "What does that mean to insurance?"

Chapters

00:00
New Beginnings: Reflections on 2024

02:48
Adapting to Change: Real Estate Trends and Challenges

05:50
Climate Crisis: The Impact of Natural Disasters

09:13
Insurance Insights: Understanding Coverage and Claims

12:03
Preparing for the Future: Earthquake Readiness and 1031 Exchanges