E409: Stop Losing Thousands! Insurance Claim Secrets from Expert Public Adjusters Tyler Powell & Kirk Leister

In this conversation, Tyler Powell and Kirk Leister from Turner Adjusting Group discuss the intricacies of public adjusting, the importance of understanding insurance policies, and the role of public adjusters in helping clients navigate claims. They share insights on valuation, co-insurance, and creative solutions for clients facing property damage. The discussion emphasizes the need for expert guidance in the insurance process and explores capital hacking strategies that can benefit real estate investors. 

Ultimate Show notes: 

00:00:43 - Overview of the Episode and Guest Introduction 
00:01:45 - Introduction to Turner Adjusting Group and Public Adjusting 
00:02:20 - Importance of Proving Insurance Claims 
00:03:40 - States with Different Public Adjusting Regulations 
00:04:33 - Personal Story: How Tyler and Kirk Started Their Business 
00:07:03 - The Impact of Having Multiple Insurance Policies 
00:08:05 - Understanding Actual Cash Value vs. Replacement Cost 
00:10:05 - Valuing Contents and Depreciation in Insurance Claims 
00:12:30 - The Importance of Recoverable Depreciation 
00:16:11 - IRS Treatment of Insurance Proceeds 
00:18:10 - The Importance of Using a Broker for Insurance 
00:20:11 - When to Call a Public Adjuster 
00:25:41 - Unique Strategies for Investors in Insurance Claims 
00:30:55 - Capital Hacking Opportunities in the Insurance Space 
00:35:24 - How to Connect with Tyler and Kirk 

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We believe that Capital is more than just Cash. In fact, Human Capital always comes first before the accumulation of Financial Capital. We explore the best, most efficient, high-integrity ways of raising capital (Human & Financial). We want our listeners to use their personal human capital to empower the growth of their financial capital. Together we are stronger.

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