🚨 What happens when CRE goes terribly wrong? In this episode of Commercially Speaking, Bo and Timmy welcome Stuart and Ethan from Lipscomb Restoration to talk floods, fires, mold, and mayhem—and why disaster cleanup is the most overlooked skill in commercial real estate.
From self-storage infernos to basement floods no one saw coming, this episode is packed with real stories of real estate gone wrong—plus insider tips on how to protect your investment before disaster hits. Whether you’re a broker, investor, or property owner, this one’s a must-listen.
🎯 Here’s what you’ll learn:
- Why commercial property insurance might not cover what you think
- How one rooftop plumbing fail wrecked 3 stories of a building
- The hidden threat of “category 3” water and how to handle it
- What mold, mice, and mystery smells can really cost you
- How to build a disaster plan that saves you money and stress
————————————
🔗 Resources Mentioned:
————————————
⏰ Time Code ⏰
00:00:00 – Cold Open
00:01:30 – Thanks to our sponsors
00:02:10 – When Things Go Wrong
00:05:23 – How Does Someone Go Into Restoration?
00:10:42 – How To Talk Your Friend Into Joining Your Restoration Business
00:12:19 – Carpet Cleaning Goes Viral
00:16:37 – All Insurance Companies Are Not Created Equal
00:20:26 – An Idea For Using Ai To Shop for Insurance
00:23:51 – Language vs Interpretation of Insurance Policies
00:27:44 – A Strange Rain In Central City
00:31:26 – Contamination (Sh*t) Levels Explained
00:32:24 – Moister Meters
00:35:08 – The Mold You Know
00:36:34 – Any Room, Any Time, All At Once! (Mold)
00:38:00 – The Question Is: “Is There A Problem?”
00:39:54 – When To Call Y’all?
00:43:07 – How To Handle Smoke
00:48:03 – Restoration vs Re-modeling
00:49:36 – Ye Ole Freeze & Bust
00:50:49 – When The Water Rises So Does Business
00:53:18 – Being There For People’s Worst Days
00:54:26 – Trauma Amnesia
00:58:11 – Common Mistake Property Owners Make When Things Go Wrong
01:00:19 – Who You Gonna Call… First? (Insurance or Professional)
01:05:37 – Preventative Measures
01:09:09 – When To Let Your Faucets Drip?
01:12:06 – Flood By TikTok
01:13:17 – Ethan Give Stuart A Bath
01:17:10 – Material Selections
01:20:42 – Outro!
📒Show Notes📒
🎉SIGN UP FOR THE WEEKLY NEWSLETTER FOR CURATED CONTENT ON COMMERCIAL REAL ESTATE TRENDS, THRIVING IN BUSINESS AND MORE: https://subscribe.wgbarron.com/
Subscribe and listen to Commercially Speaking here:
YoutTube: @commerciallyspeaking
Spotify: https://podcasters.spotify.com/pod/show/commerciallyspeaking
Apple: https://podcasts.apple.com/us/podcast/commercially-speaking/id1680750330
Amazon: https://music.amazon.com/podcasts/ad036303-414c-4e30-9e89-768d30ed3ffb
iHeart Radio: https://www.iheart.com/podcast/269-commercially-speaking-112157161/
—-
📲 Connect with us:
Subscribe to our Youtube: https://www.youtube.com/@commerciallyspeaking
Instagram: https://www.instagram.com/commerciallyspeaking/
Facebook: https://www.facebook.com/commerciallyspeaking
Tiktok: https://www.tiktok.com/@commerciallyspeaking
Newsletter: https://subscribe.wgbarron.com/
—-
Bo is a CCIM Instructor and the owner and operator of Barron Commercial Group, servicing Western KY and its surrounding markets.
For all CRE inquiries, visit http://www.barroncommercial.com
Timmy is an actor, comedian, writer and host: @timmybarron https://youtu.be/ICoIAHSZvgA