Not Your Average Financial Podcast™

Episode 230: Top 10 Episodes! Combining Bank on Yourself® with the Asset Class of Real Estate (Ep. 41)

Listen Later

Would you like to hear 10 of THE BEST episodes so far?

Here’s a dive into Bank on Yourself® Type Whole Life and REAL ESTATE.

In this episode, we ask:

  • How does Real Estate work with Bank on Yourself®?
  • How is this like combining nitro and glycerine?
  • What does it take to combine real estate and Bank on Yourself®?
  • What is OPM (other people’s money)?
  • How does OPM affect your profits?
  • How does OPM affect bank profits?
  • How does the bank siphon profits from real estate?
  • What strategies make sense with Bank on Yourself® and real estate?
  • How do rental profits come into play?
  • Is the real estate market more or less volatile than the stock market?
  • What about living onsite?
  • What is a 1031 exchange?
  • Why doesn’t everyone throw every last penny into real estate?
  • What determines success in real estate investing?
  • What are the potential downsides or risks of investing in real estate?
  • How have home values performed in the U.S. over the last three decades?
  • What about pricing?
  • What are the secrets of a self-directed IRA?
  • What’s the amount you can put into a self-directed IRA?
  • What’s an arm’s-length transaction?
  • What are the expenses involved in real estate investing?
  • Doesn’t cash FLOW sound nice?
  • Are you in control of the equity in your property?
  • What have you given the bank permission to do with your property?
  • Did you know that banks can call HELOCs?
  • What additional costs are there?
  • Is there a way out? Is there a strategy that makes more sense (cents)?
  • How does Bank on Yourself® and real estate work?
  • Should I put every dollar I have into Bank on Yourself®?
  • What is the starter strategy?  How might you dip your toes in the water to see how it works?
  • Do you need to pay your property taxes? How can you do this with Bank on Yourself®?
  • How can you do this with HOA specials?
  • How can you do this with a down payment?
  • How can you overcome the problem of opportunity cost?
  • What is strategy #2?
  • Can you purchase an entire property with cash? Can you eliminate working with banks? Can you eliminate the traditional mortgage underwriting?
    • What about the policy loan interest?
    • How can you increase your yield without market volatility?
    • Would you like a permanent line of credit to yourself?
    • What is the policy’s value after taking a loan?
    • What is the comparison in growth between owning a straight real estate asset vs. owning Bank on Yourself® policy and combining it with the real estate asset?
    • What happens to your policy when you use it?
    • What happens to your policy when you don’t use it?
    • What’s the difference?
    • What does all of this mean? Join us on our next episode, where real, live real estate investors join us in the studio to share their experience with Bank on Yourself® and the asset class of real estate.
      • ...more
      View all episodesView all episodes
      Download on the App Store
      Not Your Average Financial Podcast™By Not Your Average Financial Podcast™
      • 4.7
      • 4.7
      • 4.7
      • 4.7
      • 4.7

      4.7

      122 ratings

      More shows like Not Your Average Financial Podcast™

      View all
      BiggerPockets Real Estate Podcast by BiggerPockets

      BiggerPockets Real Estate Podcast

      16,773 Listeners

      Rich Dad Radio Show: In-Your-Face Advice on Investing, Personal Finance, & Starting a Business by The Rich Dad Media Network

      Rich Dad Radio Show: In-Your-Face Advice on Investing, Personal Finance, & Starting a Business

      3,865 Listeners

      Creating Wealth Real Estate Investing with Jason Hartman by Jason Hartman

      Creating Wealth Real Estate Investing with Jason Hartman

      536 Listeners

      The Best Ever CRE Show by Joe Fairless

      The Best Ever CRE Show

      992 Listeners

      Rental Income Podcast With Dan Lane by Rental Income Podcast

      Rental Income Podcast With Dan Lane

      829 Listeners

      Get Rich Education by Real Estate Investing with Keith Weinhold

      Get Rich Education

      601 Listeners

      Main Street Business by Mark J Kohler and Mat Sorensen

      Main Street Business

      585 Listeners

      Passive Real Estate Investing by Real Estate Investing with Marco Santarelli, Investor and Entrepreneur.

      Passive Real Estate Investing

      972 Listeners

      Real Wealth Show: Real Estate Investing Podcast by Kathy Fettke / RealWealth

      Real Wealth Show: Real Estate Investing Podcast

      413 Listeners

      Tax Smart Real Estate Investors Podcast by Hall CPA

      Tax Smart Real Estate Investors Podcast

      422 Listeners

      The WealthAbility Show with Tom Wheelwright, CPA by The Rich Dad Media Network

      The WealthAbility Show with Tom Wheelwright, CPA

      518 Listeners

      Real Estate Investing with Coach Carson by Chad Coach Carson

      Real Estate Investing with Coach Carson

      619 Listeners

      Ken McElroy Show by Ken McElroy

      Ken McElroy Show

      721 Listeners

      Real Estate Rookie by BiggerPockets

      Real Estate Rookie

      1,835 Listeners

      PassivePockets: The Passive Real Estate Investing Show by PassivePockets, Jim Pfeifer, and Left Field Investors

      PassivePockets: The Passive Real Estate Investing Show

      129 Listeners