Welcome to passive real estate investing, the show where busy people like you

learn how to build substantial passive income while creating wealth for the long term.

And now here's your host, Marco Santorelli.

Welcome to Passive Real Estate Investing.

I'm your host, Marco Santorelli.

You know, the banking business is literally thousands of years old,

but the idea of becoming your own banker originated with a

guy named Nelson Nash or at least that's what a lot of the marketing literature

says today you know the concept in its simplest form is this. You create your own private

banking system of sorts by saving up some money somewhere. Then use this pool of money

to finance everything in your life. If you think about it, it makes perfect sense.

Regardless of what you do in life, whether you spend your money or you invest it, you have to use a banking system to facilitate the transaction. So all of the money in the

world goes through someone's bank and advocates of the banking concept argue that you should

just keep and set up a quote-unquote private bank of your

own that you use.

It's what is known as the infinite banking concept and I know many of you have heard of this concept. In fact I've had a couple

of episodes over the last three and a half years where we've explored the idea and talked

about Infinite Banking. So the idea behind infinite banking

is for you to be your own banking system

through dividend paying permanent life insurance.

Now that's a mouthful.

Don't get confused. Don't get lost and don't get turned off by it because

...