Not Your Average Financial Podcast™
Episode 230: Top 10 Episodes! Combining Bank on Yourself® with the Asset Class of Real Estate (Ep. 41)
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?
- 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.