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

Connect on Social:

https://turneradjusting.com/

Turn your unique talent into capital and achieve the life you were destined to live. Join our community!

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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In this conversation, Zach Bowles, an experienced attorney and consultant, shares insights on the importance of legal consultation for businesses, the differences between in-house and private practice law, and the critical role of insurance and risk management. He discusses real-world examples of how legal consulting can protect businesses from potential threats and the significance of understanding contracts. The conversation also touches on the challenges posed by demand letters and the necessity of umbrella policies for comprehensive protection. Finally, Zach highlights the need for tort reform in the legal landscape and offers advice on navigating legal complexities.

Ultimate Shownotes:

00:01:00 - Importance of understanding legal and insurance aspects in business
00:02:20 - Zach Bowles' background and experience in law
00:03:30 - The significance of knowing your rights and legal implications
00:04:44 - How Dark Matter Consulting assists businesses with legal documents
00:08:44 - Differences between in-house and private practice law
00:10:54 - Examples of how Dark Matter Consulting has helped clients
00:15:10 - Insights on insurance policies and the importance of being proactive
00:20:06 - The impact of demand letters and how to handle them
00:22:45 - Discussion on umbrella policies and their relevance to net worth

Connect with Zach on Socials:

Dark Matter Consulting

https://www.linkedin.com/in/zach-bowles-1b64535/

Turn your unique talent into capital and achieve the life you were destined to live. Join our community!

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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In this conversation, Aaron discusses his journey towards becoming a visionary leader and the challenges he faced in his entrepreneurial endeavors. He emphasizes the importance of identifying pain points in business, developing a clear vision, and the method he created to help others achieve their goals. Aaron shares insights from his past struggles, the formation of his company Living Vision, and the criteria he uses to vet clients. The discussion culminates in the significance of articulating a vision and the deliverables that come with it.

Ultimate Show Notes:

00:02:16 - Introduction of guest Aaron Velky and his background
00:03:21 - Discussion about Aaron's family and personal life
00:04:12 - Deep dive into Living Vision and the challenges of creating a vision
00:05:46 - Aaron's personal experiences and the need for a vision
00:07:25 - Methodology for helping clients craft their vision
00:10:01 - The importance of identifying pain points in business
00:11:30 - Aaron's past business struggles and lessons learned
00:14:25 - The balance between authenticity and market demands
00:16:42 - Reining in business direction and personal values
00:19:02 - Formation of Living Vision and its coaching approach
00:20:22 - Client vetting process and commitment expectations
00:23:30 - Deliverables and outcomes of the coaching program
00:25:25 - How to connect with Aaron Velky and learn more about Living Vision

Connect with Aaron on Social:

GET OUT OF YOUR OWN WAY

Aaron Velky (@aaronvelky)

Turn your unique talent into capital and achieve the life you were destined to live. Join our community!

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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Facebook
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Apple Podcast
Spotify