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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In this exciting episode of Capital Hacking, we bring you a rebroadcast featuring the incredible Mike Pine, a passionate CPA who has a unique perspective on the tax code. Mike believes that the tax code is not a burden but rather a "yellow brick road" to wealth, filled with incentives for entrepreneurs and investors.

Mike shares his journey from being a reluctant CPA to discovering the beauty of tax strategy. He emphasizes that many CPAs focus solely on tax preparation, missing out on the strategic opportunities available within the tax code. He explains concepts like bonus depreciation and cost segregation, illustrating how these strategies can significantly impact cash flow and wealth accumulation.

This episode is packed with valuable information and is a must-listen for anyone looking to enhance their financial strategies through the tax code.00:00:46 - Introduction of Mike Pine

Ultimate Show Notes:

• 00:01:19 - Discussion on tax code as a path to wealth
• 00:02:45 - Mike Pine's background and passion for tax code
• 00:04:27 - The purpose of the tax code and its incentives
• 00:05:00 - Mike's journey from accounting to tax strategy
• 00:08:03 - The importance of understanding tax incentives
• 00:08:43 - Explanation of bonus depreciation
• 00:12:35 - Example of bonus depreciation with a taxi cab
• 00:15:15 - The impact of tax savings on wealth accumulation
• 00:18:51 - Introduction to cost segregation
• 00:19:17 - Explanation of cost segregation and its benefits
• 00:22:08 - Discussion on the importance of tax strategy
• 00:25:27 - Upcoming debate on real estate in IRAs
• 00:30:11 - Recommended resources for tax strategy
• 00:32:27 - How to reach Mike Pine for consultations

Connect with Mike on Social:

LinkedIn: https://www.linkedin.com/company/revo-taxpayer-advocacy/

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 engaging conversation, Josh McCallen and John Edwin discuss their personal and professional growth through the lens of their chosen words for the year. They explore the concept of abundance, the importance of family involvement in business, and the necessity of prioritizing health through preventative measures. The dialogue emphasizes the significance of time spent with loved ones and finding joy in fitness and challenges, encouraging listeners to reflect on their own lives and set intentions for growth.

Ultimate Show Notes:

00:00:44 - Discussion on the word of the year and personal updates

00:01:31 - Sharing the word "abundance" and its significance for the year

00:02:26 - Examples of how the word abundance influenced family decisions

00:05:20 - Engaging children in work at the family resort and building relationships

00:10:01 - The impact of family involvement on business culture and operations

00:19:57 - Emphasis on finding enjoyable physical activities for health

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 engaging conversation, Fred Hubler shares his insights on alternative investments, the importance of authenticity, and the concept of retainer-based planning. He discusses his journey towards success, emphasizing the need for contrarian thinking and taking massive action. The discussion also touches on the significance of timing in business and the role of education in providing access to investment opportunities. Fred's personal anecdotes and experiences provide valuable lessons for listeners looking to navigate the financial landscape.

Ultimate Show Notes:

00:00:38 - Welcoming Fred Hubler
00:01:09 - The Importance of Sharing
00:01:51 - Understanding Moonshots
00:02:50 - Fred Hubler's Background
00:03:05 - The Value of Alternative Investments
00:04:51 - The Birth of Retainer-Based Planning
00:06:38 - The Hockey Stick Moment
00:08:19 - The Three Steps to a Moonshot
00:16:27 - Real-Life Examples of Contrarian Thinking
00:19:23 - The Shift in 2023
00:22:20 - The Role of Education and Awareness
00:25:37 - The Impact of Personal Connections

Connect with Fred:

Fred Hubler

Creative Capital

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 episode of Capital Hacking, we welcome back our friend Matt Faircloth for his fourth appearance. We start with some light banter about fitness routines before diving into a deep discussion on the current real estate market. Matt shares his insights on the challenges facing multifamily properties, particularly the affordability crisis, and explains why he's pivoting to hotel investments, which offer higher cap rates and better cash flow opportunities.

He emphasizes the importance of understanding cap rates as a measure of risk and discusses his strategy of selling multifamily assets to reinvest in hotels through 1031 exchanges. This episode is packed with valuable insights for real estate investors looking to adapt to changing market conditions. Don't forget to subscribe, share, and check out Matt's book, "How to Raise Private Capital," for more in-depth knowledge!

Ultimate Show Notes:

00:01:00 - Matt Faircloth's Journey and Focus on Hotels
00:02:05 - Casual Conversation and Personal Updates
00:06:49 - Introduction of Matt Faircloth and His Background
00:15:28 - Current Real Estate Market Trends
00:20:00 - The Concept of "No Juice Left in the Lemon"
00:22:02 - Transitioning from Multifamily to Hotels
00:31:06 - Current Hotel Investments and Strategy

Connect with Matt:

DeRosa Group | Transforming Lives Through Real Estate®

https://www.linkedin.com/company/derosagroup/

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 episode of Capital Hacking, we interview Jim Henrie, a principal at Novo Media Group, who shares his journey from real estate development to the entertainment industry. Jim discusses the parallels between financing in real estate and film production, emphasizing the importance of creating family-friendly content that entertains, elevates, and educates.

We dive into Jim's recent film, "Monster Summer," featuring stars like Mel Gibson and Kevin James, and explore the challenges of financing and distribution in today's market. Jim also shares insights on working with his sons, David and Lorenzo, and their commitment to producing meaningful content aligned with their values.

Join us for this engaging conversation that highlights the intersection of real estate and entertainment, and learn how Jim and his family are making a positive impact in the film industry!

Ultimate Show Notes:

00:00:45 - Excitement about the interview with Jim Henrie from Novo Media Group
00:01:40 - Jim Henrie's background in real estate and transition to media
00:02:29 – Jim introduces himself and his company
00:03:03 - Discussion of Jim's sons and their careers in acting
00:04:29 - Jim's journey into real estate development
00:05:40 - Comparison between real estate development and the entertainment industry
00:09:44 - The importance of family-friendly content in entertainment
00:11:51 - Discussion on the movie "Monster Summer" and its themes
00:18:18 - The moral compass in Hollywood and the type of content they want to produce

Connect with Jim:

https://www.novomediagroup.com/team

james@novomediagroup.com

818-422-1972

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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