5 Talents Podcast - How To Build Wealth Through Real Estate

Brian Mitchell - 10 Years in the Insurance Industry; The Right Insurance Policy For Real Estate Investors

December 29, 2020 Abel Pacheco Season 1 Episode 71
5 Talents Podcast - How To Build Wealth Through Real Estate
Brian Mitchell - 10 Years in the Insurance Industry; The Right Insurance Policy For Real Estate Investors
Show Notes

Our guest for today is Brian Mitchell, a longtime real estate insurance agent who will tell us how we can protect our properties from different risks. Brian is also a real estate investor, property manager, and networking group organizer, leveraging his charismatic personality and broad experience in the insurance industry to offer value to his clients.

Let’s dive right in and learn from Brian the right insurance policy for our properties!

[00:01 - 06:44] Opening Segment

  • Let’s get to know Brian Mitchell 
  • Organizing meetups 
    • Outside his comfort zone
    • Takes massive actions

[06:45 - 17:00] Coinsurance 

  • Brian talks about the insurance market in 2020
  • How to choose the right insurance agent 
  • He shares his thoughts about coinsurance

[17:01 - 28:52] Real Estate Insurance

  • FREE e-book from me! Check out 5tcre/com/ebook
  • Factors to consider when applying for an insurance policy
    • Does net operating income matter?
  • Brian talks about builders risk insurance policy
  • Don’t miss Brian’s advice on hiring multiple insurance agents!

[28:53 - 34:32] Closing Segment

  • Brian explains his love for real estate
  • Connect with Brian - links below 
  • Final words from Brian and Me


Tweetable Quotes:

“Above all, just go with an agent that you know has some true fire to them and somebody that’s just generally interested in real estate, working with investors.” -  Brian Mitchell 

“Your 401(k) cannot be insured for risk of loss, but your investment properties can [be] As long as you’re filling it with the right people and you purchase in the right market, it’s a home run.” -  Brian Mitchell 


Resources Mentioned:

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Call or text 2078417371 and visit Brian’s LinkedIn to reach out to him. Visit Cross Insurance and their Facebook, LinkedIn, and YouTube pages to learn more. 

Guest email: bmitchell@crossagency.com 


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