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Playing Defense in Real Estate Investing
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In today's episode of Wealth In Real Estate Development (W.I.R.E.D.), host Nick Smith chats with Patrick Cailles, Director of Sales and Marketing for Barrister Title. Barrister Title is a title company with three locations throughout the Chicagoland area, two in Illinois and one in Northwest Indiana.
Patrick breaks down what is title insurance and why it's vital to your overall wealth-building strategy. The field of wealth building is very familiar to Patrick as he spent several years as a Wealth Advisor prior to accepting his current position as Barrister. Therefore, he also discusses the common characteristics and/ or practices he observed from his most successful clients.
When purchasing real estate of all kinds, title insurance acts as a defense against liens, judgments, estranged ownership, etc. These items most times are not in plain sight. Patrick also gives his real-life examples of how a person can be negatively impacted financially in trying to save a few bucks by not purchasing a title insurance policy.
To end this episode, Patrick gives his overall view on what trends he's seeing in the real estate market and where he thinks it's heading.
If you would like to connect with Patrick, he can be reached at the following.
Phone: (765) 414-0276
Email: patrick@barristertitle.com
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