#308: Insurance Claims, Public Adjustors, and Much More! -with Kyle Herring

Real Estate Investing for Cash Flow with Kevin Bupp

Kevin Bupp

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4.9 • 675 Ratings

🗓️ 2 February 2021

⏱️ 35 minutes

🔗️ Recording | iTunes | RSS

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Summary

Kyle Herring is a public adjuster and partner at Strategic Claims Consultants. Kyle has nearly 2 decades of experience as a public adjuster and has worked on major disasters across the country. This is one of those topics that a lot of investors don’t think about until disaster strikes. I think we can all agree, owning investment property is a great thing when things are going well, but what happens if your precious investment property sustains major damage or a complete loss? In today’s show, Kyle and I will discuss how to successfully navigate the claims process should you encounter an unfortunate loss to your investment property.

Quotes:

“100% of the time we can get you more money than your private insurance adjuster can. Just like you wouldn’t send your 1099 to the IRS and ask how much your taxes are, it’s the same with insurance. You need to tell them this is my benefit; this is my claim.”

“Don’t be penny-wise and dollar foolish. A few dollars saved on premiums could cost you tens of thousands on the backend whenever you actually need it to come to fruition.”

Highlights:

4:00- Kyle shares his background and talks about his firm and what they do

9:50- Kyle tells us what the important aspects are of hiring a public adjuster

15:55- Kyle gives interview tips for hiring and adjustor and tells what red flags you should look for

Guest Website:

www.strongclaims.com

Learn About Investment and Partnership Opportunities with Kevin and His Team

Transcript

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0:00.0	You've been searching for the best way to generate passive income in your life
0:06.6	and heard that real estate is a great way to do it.
0:09.4	But you're tired of all the so-called gurus who are all talk and no substance.
0:15.3	Get ready to celebrate because Kevin Bup has spent 14 years successfully making it happen.
0:21.6	This is the Real Estate Investing for Cash Flow podcast.
0:25.2	Now, here's Kevin Bup.
0:30.9	Hey guys, Kevin Bup here, and I want to welcome to another episode of the Real Estate
0:34.6	Investing for Cash Flow podcast.
0:36.6	Our mission is to help you build and
0:37.7	maintain amounts of amounts of cash flow through income producing real estate investments.
0:42.8	Our guest for this week's show is Public Adjuster and partner at Strategic Claims Consultants,
0:47.3	Kyle Herring. Now, Kyle is nearly two decades of experience as a public adjuster and has worked
0:51.6	on major disasters across the country. And, you know, guys,
0:54.6	this is one of those topics that a lot of investors don't really think about until disaster
1:00.3	actually strikes, right? Something catastrophic happens. And I think that we can, we can all agree
1:05.3	that, you know, owning investment property, it's a great thing when things are going well,
1:09.4	but, you know, what happens if,
1:11.2	if this precious investment property of your sustains a major damage or even a complete loss,
1:16.4	right? And so in today's show, Kyle and I are going to discuss how to successfully navigate
1:20.6	the claims process should you encounter an unfortunate loss in your investment property.
1:25.5	So guys, I'm excited to have Kyle here as a guest in the show,
1:27.9	but before we bring him on, I just have a few quick housekeeping items I'd like to run through.
	...

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