Flipping America 515, Insurance Claims HQ

podcast 515, Insurance Claims HQ

If you own a property, you ought to insure it. Your property is at risk.  If you own investment property, you REALLY need to insure it. Your entire livelihood is at risk. Today we are going to tell you why the insurance you have might be worthless and tell you what you need.

If you have the wrong insurance, your company will not cover you in a claim. They are never going to act out of the goodness of their heart. They are a company and companies don’t have a heart. They are going to act in the best interest of their stakeholders or shareholders. 

In some cases you might have the RIGHT insurance but they refuse to pay your claim anyway. You would think this would be a rare occurrence, but it happens often enough that entire law firms are built to combat this. Today we are going to speak with one such firm – Insurance Claims Headquarters. And our guest is Attorney Galen Hair. 

That’s coming up in just a few minutes. 

How to contact us

www.RogerBlankenship.com. Leave a voicemail right from the home page!


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Call our National Comment Line: 877-55-ROGER (877-557-6437)   ext 1. Leave your message or your question. 


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  • FlipStarter November 2021 is sold out. But we’ve already scheduled it again for January.
    • Learn how to Find, Fund, Fix and Flip houses
    • Four weeks of video instruction (2 hour sessions)
    • Four weeks of group coaching
    • You’ll get my book, “Fantastic Deals and Where to Find Them”, the exact procedure I used to get 10,000 deals per week in my inbox.
    • You’ll get my book, “How to Put Skin in the Game When You Are Running Out of Skin”, my little book on how to do deals – even big rehabs – with none of your own money.
    • You’ll get my book, “Stop Being Poor” which describes the poverty mindset and suggests a way out. 
    • Includes online courses, ($800 value)
      • REI QuickStart – 15 lessons to have you making offers in 2 weeks.
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      • Find Your Fit in REI
      • Create the Life of Your Dreams
    • Purchase and Sale Agreements for your offers
    • Contractor Docs, my package of eleven documents that describe policy and procedures for working with contractors, including the actual Construction Agreement I use. I paid a lawyer thousands to create this bullet-proof agreement and I’ll include it.
    • How to manage the rehab process
    • How to make $5000 in the next 30 days
    • “Double Your Investment” guarantee. Although it’s a 30 day program, you stay on the coaching calls until you have at least doubled your investment in this training.
    • Money back guarantee. If at any time you believe this isn’t the thing for you, notify us and you can drop out and get a refund for remaining sessions
    • Your investment: $997.67. Or pay three installments of $350. 
    • Early Bird Discount: Register before December 1st and save $200.
    • 100,000 people want this – we only have 100 seats. 

News and Resources: 

Mindset Moment: 

Questions from Listeners: 

  • Michelle, Las Vegas. I have an opportunity to buy a house that needs serious updating. I plan to move in and make repairs as I go. Can you recommend a hard money lender out here in Vegas? The house is selling for $265,000, but it would be worth nearly $600,000 when I get all the work done. It will take about $120k to do everything I want to do, but I also plan to live here several years. I make good money and could qualify for a loan up to about 400,000, but the lender I spoke with won’t loan money to make the repairs. 

My answer: Dodd-Frank prohibits HM lenders. Conforming lenders are limited when repairs are needed. FHA requires finished floors, for example.  

FHA 203k Loan

Go conventional, make repairs as you can with cash. 

OR get a HELOC and make repairs. 

  • Andy, LaSalle Pennsylvania, “I have two great deals in front of me, but I don’t have enough cash to do them both. What would you do?”
  • Jeff, Louisville, KY,I like your show and appreciate what you have to say. I want to get some training, but I’m cheap. I am finding a lot of information on the internet for free. Why should I pay for training and oh by the way, do you have an opinion about which free resources are best? 
  • Helen, Ocala, FL, My husband Bob and I want to buy 3 or 4 rental houses, but we don’t want to manage them. Therefore we don’t care where they are really. Can you help us?
  • Patricia, Greensboro, NC, I have two rentals I want to sell. They are rented so I guess I’ll need to sell them to an investor. Would an agent even list these properties? If not, how would I go about selling them?
  • Tim, Las Vegas, I think I heard you say something about using a realtor. I’m a professional investor. I can take calls and sell the property myself. Why would I want to give up 6 or 7 percent of the sales price to an order taker?
  • Nick from Aurora, CO, How do you go about hiring a realtor in a new area? What are some of the things you look for? What do you ask them for and what do you promise them?

Quote of the Day

You are the Artist of your own life. Don’t hand the paintbrush to someone else. -Anonymous

Expected Air Date: Tues 12/2/2021 

Guest: Galen Hairhair@hairshunnarah.com

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