In this episode of the Idaho Real Estate Investor Show, we’re joined by Kevin Carroll, a seasoned real estate investor and insurance expert in Boise. Kevin shares his extensive experience in handling tax, flipping properties, investing out-of-state, and providing valuable insurance insights for investors. They discuss strategies for long-term wealth, the importance of insurance, and diversifying investments through real estate, stocks, and life insurance. Kevin's journey underscores the value of proactive financial planning and risk management.
00:34 Kevin Carroll's Background and Journey to Idaho
03:30 Navigating the Real Estate Market During the Great Recession
04:33Mastering Bank-Owned Properties and Flipping Houses
08:54 Scaling Up: Flipping Properties Nationwide
12:08 The Power of Rental Properties and Long-Term Wealth
15:56 Investing Out of State: The Indiana Experience
22:24 Transitioning to Insurance and New Ventures
25:51 Understanding Rental Property Insurance
26:57 Tenant Insurance Recommendations
27:36 Assessing and Updating Policies
28:32 Shopping for Insurance Providers
29:11 Real-Life Insurance Experiences
30:50 Insurance for Short-Term Rentals
31:27 Diversifying Financial Investments
37:49 Whole Life Insurance Explained
47:22 Planning for Retirement
49:54 Final Thoughts and Contact Information
Download the Boise REIN Vendor Directory at boiserein.com/freevendordirectory
Connect with the Idaho Real Estate Investor Show and the Boise Real Estate Investor Network!
Website: https://www.boiserein.com/
Facebook: https://www.facebook.com/BoiseREIN/
LinkedIn: https://www.linkedin.com/in/boise-rein-09b489292/
Facebook: https://whttps://www.facebook.com/groups/boiserealestateinvestornetwork
Instagram: https://www.instagram.com/boiserein/
To connect with Kevin Carroll or learn more about how life insurance can add significant value to your financial plan. Or pick Kevin's brain on how to start from the beginning. Book a 30-minute meeting with Kevin Carroll
https://outlook.office365.com/book/[email protected]/?RefID=rep_bio
For Educational and Informational Purpose Only
The information provided on The Idaho Real Estate Investing Show does not, and is not intended to, constitute legal, investing and/or financial advice from the host or any guests, instead, all information, content and materials shared are for general informational purposes only.
Investment Risks:
Real estate investment involves inherent risks, and you acknowledge that you are solely responsible for conducting due diligence and assessing the risks associated with any investment decisions made based on the information obtained on this podcast.
The Company shall not be liable for any losses, damages, or financial harm arising from your investment activities.