All Forum Posts by: Trevor Kolb

As a new REI, and current Insurance Agent, I am really curious to know if anyone investigates their property loss history when analyzing deals.

Daily, I answer many insurance questions and I occasionally come across some Homeowners policies that are impacted by something discovered on a property C.L.U.E. report. Usually, this results in the policy rate increasing.

How many of you review the loss history on a home? Do you take this into consideration when analyzing a property? And are you currently in the habit of asking potential sellers if they have had any losses in the last 5 years?

@Cristo Heatherdale @Austin Faux @Norberto Villanueva

Found the forum that states google chrome doesn't like to do mentions, so I hopped on IE to tag you all. Thank you again, for the advice!

Thank you all for the kind words of encouragement. I will always be reading and learning every chance I get, and my own wealth of knowledge I've attained from the years will certainly be used well. One thing I'm finding difficult to do, as I don't do much forum chats (changing this habit with this site) is tagging you all in my responses. How exactly am I suppose to be able to tag each of you when I respond? I've tried doing @Name and it doesn't appear to work.

@Norberto, the REI hour sounds fantastic, unfortunately my normal insurance shift is Tuesday through Saturdays from 2 pm to 11 pm, so I won't be able to make the meeting. Thank you for the offer

Thanks Joe! I did say I've avoided sales, mainly because I dislike how our agents attempt to perform sales. I assist customers with Repurchases or quotes and always get fantastic feedback with my performance, so honestly I am confident in my sales skills. If you've ever tried to sell insurance, the first sale is the easiest, the resale is the most difficult!

Hello Everyone,

As the start to my introduction, I'll provide a brief background about me as a 27 year old beginning investor. I grew up in Austin, MN until I was 22 and moved to Sioux Falls, SD. As of July 2015, I've been located in Colorado Springs, CO.

My background begins with being employed at a small BBQ restaurant for 8 years, working from Dishwasher to Manager. This job was crucial to my interest in Business as it was a family owned business and I initially wanted to make it my first investment. This never came to fruition and I moved on to a job with Hormel. 

During my 2 years with Hormel, I decided to join the National Guard and deployed to Kuwait and Iraq in 2011 as a Truck Driver and the master licenser for 3 companies. This was where I got my first taste of doing real bookwork, managing 300+ records of soldiers and their training. After returning, I moved to Sioux Falls and began Tow Truck Driving for a year and a half, of which I primarily ran the company as the sole employee. 

After a car accident put me out of work for an extended period, I shifted careers to Insurance. I was hired with Esurance in July of 2013, and quickly moved from a CSR to a licensed property and casualty agent. Avoiding Sales, I've remained in the service side as a member of the E-mail team, handling policyholder questions regaring auto, motorcycle, homeowners, and renters insurance questions. Statistically, I regularly perform 1.5 times more efficient than my coworkers and I've truly grown bored with the lack of challenge. 

Since moving to Colorado a year ago, I've observed my landlord and mentor Joe Graeve working on REI. After picking up Rich Dad, Poor Dad with Joe's recommendation, I've amped up my daily goals to learn more about REI. Already, I've created my own investor workbook to analyze each deal with a minimum 20% ROI. I've tailored my analytics to also perform 3 exit strategy reviews for fix-n-flips, rentals, and lease agreements.

As of this moment, I haven't made any accepted offers. I've made 1 offer this week on an Investor Special deal this week, which has not been accepted. I know I could and should be out making offers everywhere I can, but I'm also realizing how green I am to the industry. In an effort to gain more knowledge, I've joined BiggerPockets to network with other industry professionals. I will be focusing on sifting through many of the forums on here to learn everything you have to offer. Soon, I will also be attending regular REI meetings in my area and will be providing a true face-to-face meeting.

If you have any questions, or if you like to discuss your goals and business objectives please feel free to contact me anytime. 

Have a great day!