All Forum Posts by: Brook Vosler

@Aaron K. There are certainly things you can do to simplify the process of passing on a portfolio, but in my experience that is never a seamless process.

I may be underestimating the average investor, but I question whether most people set up their portfolio in a way that an inexperienced family member could be set up for success. 

As a real estate investor and financial advisor I usually understand the mindset of other investors. Individuals in real estate are usually more willing to take on risk which is often rewarded. I understand REI's usually deploy a large portion of their capital to advancing their real estate portfolio... but it seems like they dislike or do not understand life insurance. When I start to work with REI's I expect them to invest less of their income into traditional retirement accounts. I also expect them to find value in benefits like life insurance and disability, but that has not been my experience. Why is this?

I also understand disagreeing with the infinite banking concept Brandon has talked about with whole life insurance but it seems like the large majority avoid life insurance in general.

Those in the industry full time... help me understand! How can I better convey the idea to real estate investors? 

Sometimes insurance companies need to know your plan and timeline. Many companies will accept things they usually wouldn’t if you lay out a plan as to how you are going to fix the major issue of concern. Be sure to make your plan known as well. 

Hey Moises, 

I am an insurance agent in Indianapolis but I do not focus on distressed properties. That being said, here is my understanding of the process here. Every property is ‘insurable’. Even the most distressed. Not every company insures high risk properties though. Reach out to agents in your area and they can typically refer you to someone who offers high risk insurance for distressed properties. It will most likely come at with a price increase since there is more risk on the table, but you should be able to find someone to cover this new property. Hope that helps! Shoot me a message if you have any other questions... I am sure I can find someone if you are unable to. 

Larry Nutt with Centier Bank is a great resource in Indianapolis. My cell is 248-252-3408 if you would like more information. Excited for you!