In this episode, Jason Williams and Frank Patalano break down one of the most overlooked but critical tools in real estate underwriting: the loss run. They explain what it is, how to read it, and why it can make or break your deal. From spotting hidden risks to negotiating better terms, this conversation gives investors a practical edge when evaluating properties and working with insurance.

Topics Covered

• What a loss run is and why it matters in due diligence
• How insurance claims history impacts your investment and premiums
• Key elements inside a loss run including type of loss, paid amounts, and open claims
• Red flags to watch for like repeated issues, severity of damage, and patterns over time
• How loss runs can reveal hidden property problems like faulty electrical systems or recurring water damage
• The role of insurance brokers and why you should never rely on seller-reported numbers
• Using loss runs as a negotiation tool to reduce purchase price or account for future costs
• How to align your underwriting with real insurance quotes instead of estimates
• The importance of comparing loss runs with your physical property inspection
• Real-world examples of how missed insurance details can wipe out cash flow

Quotes

• “It's basically the report card for the property on insurance claims.”
• “If you miss something like that, you’re not having cash flow at all.”

🎧 Connect with Jason:

✅ LinkedIn

✅ https://IroncladUnderwriting.com

✅Linktree

🎧 Connect with Frank:

✅LinkedIn