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In this episode, Jake and Gino talk about the pros and cons of renting assets versus owning assets, and how this analogy compares to Term Life Insurance versus Whole Life Insurance. Below is one of the top misconceptions about Term Life vs. Whole Life.
MYTH: It’s better to buy term life insurance and invest the difference.
BUSTED: Real Estate Investors know better than anyone that it is better to OWN than to RENT. Why rent your insurance when you can own it and benefit from the equity built inside your policy?
You may have heard people suggest “buying term and investing the difference”, but investing in the market involves risk. As a Real Estate Investor, you’re already taking a lot of risk. Does it really make sense to take risk with your safe money as well?
With the specially-design of our Whole Life Insurance policies, you know the minimum, guaranteed value of your policy at any given year, as well as the minimum cash value you could borrow. There is no guessing game! Something that is simply not a luxury with “investing the difference”.
Key Insights:
00:00 Owning property versus Renting property
01:25 Developing a 100 Year Investor Mindset
02:20 The Honey Bee: Creating Multiple Streams of Revenue
04:56 How to optimize your personal finances
07:09 Benefits of long-term personal financial engineering
09:08 Creating a legacy and generational wealth for your family
11:44 Your mindset matters and directly relates to your financial success
Email [email protected] to get the PDF copy of The Honey Bee.
Download our eBook on how you can leverage our Dual Asset Strategy to secure your financial future: https://100yearrei.com/ebook-download/
Let our Team run the numbers for you and see how we can help protect your financial future for generations to come. Schedule your consultation now: https://100yearrei.com/callnow/
We're here to help create multifamily entrepreneurs... Here's how: Brand New? Start Here: https://jakeandgino.mykajabi.com/free-wheelbarrowprofits Want To Get Into Multifamily Real Estate Or Scale Your Current Portfolio Faster? Apply to join our PREMIER MULTIFAMILY INVESTING COMMUNITY & MENTORSHIP PROGRAM. (*Note: Our community is not for beginner investors) 👉https://jakeandgino.com/apply About Jake & Gino Jake & Gino are multifamily investors, operators, and mentors who have created a vertically integrated real estate company. They control over $250M in assets under management. They have created the Jake & Gino Premier Multifamily Community to teach others a simple three-step framework for investing in multifamily real estate. Connect with Jake & Gino on the social media platform you are most active on: https://jakeandgino.com/link-tree/
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824824 ratings
In this episode, Jake and Gino talk about the pros and cons of renting assets versus owning assets, and how this analogy compares to Term Life Insurance versus Whole Life Insurance. Below is one of the top misconceptions about Term Life vs. Whole Life.
MYTH: It’s better to buy term life insurance and invest the difference.
BUSTED: Real Estate Investors know better than anyone that it is better to OWN than to RENT. Why rent your insurance when you can own it and benefit from the equity built inside your policy?
You may have heard people suggest “buying term and investing the difference”, but investing in the market involves risk. As a Real Estate Investor, you’re already taking a lot of risk. Does it really make sense to take risk with your safe money as well?
With the specially-design of our Whole Life Insurance policies, you know the minimum, guaranteed value of your policy at any given year, as well as the minimum cash value you could borrow. There is no guessing game! Something that is simply not a luxury with “investing the difference”.
Key Insights:
00:00 Owning property versus Renting property
01:25 Developing a 100 Year Investor Mindset
02:20 The Honey Bee: Creating Multiple Streams of Revenue
04:56 How to optimize your personal finances
07:09 Benefits of long-term personal financial engineering
09:08 Creating a legacy and generational wealth for your family
11:44 Your mindset matters and directly relates to your financial success
Email [email protected] to get the PDF copy of The Honey Bee.
Download our eBook on how you can leverage our Dual Asset Strategy to secure your financial future: https://100yearrei.com/ebook-download/
Let our Team run the numbers for you and see how we can help protect your financial future for generations to come. Schedule your consultation now: https://100yearrei.com/callnow/
We're here to help create multifamily entrepreneurs... Here's how: Brand New? Start Here: https://jakeandgino.mykajabi.com/free-wheelbarrowprofits Want To Get Into Multifamily Real Estate Or Scale Your Current Portfolio Faster? Apply to join our PREMIER MULTIFAMILY INVESTING COMMUNITY & MENTORSHIP PROGRAM. (*Note: Our community is not for beginner investors) 👉https://jakeandgino.com/apply About Jake & Gino Jake & Gino are multifamily investors, operators, and mentors who have created a vertically integrated real estate company. They control over $250M in assets under management. They have created the Jake & Gino Premier Multifamily Community to teach others a simple three-step framework for investing in multifamily real estate. Connect with Jake & Gino on the social media platform you are most active on: https://jakeandgino.com/link-tree/
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