Welcome to another episode on the show. Today’s guest is Aaron Kelsoe. He has tons of stories to tell us since he grew up in a family that does Real Estate. Aaron will also bestow us with experiences from his profession as a Multifamily Insurance Broker. Here’s a few things about him:

He is a broker and consultant for commercial real estate insurance. He helps investors through all phases of a deal from helping them underwrite insurance costs through closing. Aaron is well versed in working with a variety of lenders and their insurance requirements, which has helped him anticipate any potential issues before they arise and ensure a smooth closing process.

What an interesting feat. Let’s dive in!

[00:01 - 07:25] Opening Segment

  • Aaron grew up in a family that does Real Estate
    • A great exposure to the space growing up
  • How he came to the insurance space

[07:26 - 20:56] Insurance matters

  • Why are insurance problems usual in Texas
    • The problems they encounter all-year-round
  • How people are affected by companies that are not ‘reachable’
    • Moving clients from a company to another
    • Challenges met with transferring
  • The matters that affect insurance costs
  • What Aaron can do for owners who face insurance issues

[20:57 - 25:32] What to do when in search of an insurance company

  • Exclusions to be aware of
    • Illegal actions are a no no
    • Aaron shares some examples of cases
  • Aaron makes sure that his clients are protected
  • Underinsured cases do happen

[25:33 - 27:42] Closing Segment

  • Final words

Connect with Aaron through LinkedIn, Facebook, and shoot him an email at Aaronkelsoe@rameyking.com

Reach him through call or text by 940-395-6606

Visit their website at https://rameyking.com/

WANT TO LEARN MORE?

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Or send me an email sujata@luxe-cap.com

Visit my website www.luxe-cap.com or my YouTube channel

Thanks for tuning in!

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Tweetable Quotes

"Always ask about the seller if the seller has had any clients.” - Aaron Kelsoe

"One of the things that can affect the insurance costs is the age of the company.” - Aaron Kelsoe

"No matter what, no matter how nice the property is, no matter where it’s located, if it’s in their forms, it is excluded.” - Aaron Kelsoe