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Jake and Gino Multifamily Investing Entrepreneurs

Advancing Your Plan with Wyatt Simon | A Testimonial

Jake and Gino Multifamily Investing Entrepreneurs

Jake & Gino

Buyingapartmentbuildings, Investingsmart, Multifamilyrealestateinvesting, Business, Smartinvesting, Jakeandgino, Apartmentinvesting, Investing, Commercialrealestateinvesting, Makingmoney, Buyingrealestate, Realestateinvestment, Wheelbarrowprofits, Realestateinvesting, Cashflow

5831 Ratings

🗓️ 31 August 2022

⏱️ 20 minutes

🧾️ Download transcript

Summary

On this episode, Gino sits down with Wyatt Simon to discuss one of the most important components of personal financial engineering: A specially-designed, permanent life insurance policy. They talk about how to leverage these policies and Wyatt’s experience working with the 100 Year team to achieve his goals. We all know the obvious benefits of life insurance, but our special design advances your financial plan beyond a death benefit for your family, and can be leveraged in many ways. Additional benefits like freedom to use the growing cash value and implement our Dual Asset Strategy, are what make our policies different than typical life insurance. Wyatt is a Colorado native and has been in real estate for over 6 years. He is a full-time investor with a current portfolio over 100 units. He is the owner of Full Circle Property Management and runs both acquisition and management for Full Circle Real Estate utilizing the strength of his incredible team. Key Moments 🔑 🔑 🔑 🔑 00:00 Introduction 02:00 Retiring early, with a focus on real estate investment as a safety net 05:15 Liquidating your 401k 07:10 Follow what the wealthy people are doing 08:45 Getting into a long term mindset 10:00 Rick Sapio’s core values: Simplicity, Probability and Leverage 11:54 Proximity is power 13:27 Your financial plan for the next 10 years 14:25 Wyatt’s experience designing his plan with the 100 Year Team 15:51 Wrap-up Learn more about Wyatt’s company Full Circle Real Estate: https://fcequitypartners.com/ 👇 MORE FROM THE JAKE AND GINO COMMUNITY: 👇 Gino sits down with student Mina Rickey to discuss her recent appreciation for her 100 Year life insurance policy after experiencing significant volatility with her other investments, including crypto. WATCH: https://100yearrei.com/how-mina-leveraged-the-dual-asset-strategy-for-multifamily-real-estate-investing-a-testimonial/ 👇 About The 100 Year Real Estate Investor The Whole Life Insurance Policies offered by the 100 Year Real Estate Investor are specially-designed. This means they work harder toward achieving your financial objectives, no matter what they may be. Download our FREE eBook, a quick and easy read that will teach you how to become your own source of financing: https://100yearrei.com/ebook-download/ 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. Subscribe to this channel: https://ytube.io/3McA Sign up for free training: https://jakeandgino.mykajabi.com/freetraining The resources you need to succeed at every level of apartment investing: https://jakeandgino.com/resources/ Apply for Mentorship: https://jakeandgino.com/apply/ #realestate #multifamilyrealestate #multifamilyinvesting #investing #apartmentinvesting Jake & Gino Facebook: https://www.facebook.com/jakeandgino/ Jake & Gino Twitter: https://twitter.com/JakeandGino Jake & Gino Linkedin: https://www.linkedin.com/company/jake-and-gino-llc/ Jake & Gino Instagram: https://www.instagram.com/jakeandgino/ More ways to engage with the Jake & Gino Investor Community: MM5: https://jakeandgino.com/mm5/ Rand Cares: https://jakeandgino.com/randcares/ The 100 Year Real Estate Investor: https://www.dualassetstrategy.com

Transcript

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0:00.0

Hello everybody. My name is Gino Barbaro and I am a host of the 100-year real estate investor

0:11.8

podcast, the show dedicated to personal financial engineering. Today's guest is Wyatt Simon.

0:18.1

He's a self-described washed-up basketball player turned investor

0:22.5

turn real estate investor. He's also the owner of a whole life insurance policy. Together,

0:27.0

these are setting him and his family up for the long term. Welcome to the show, Mr. Wyatt Simon.

0:32.8

You know, thanks for having me. Pleasure to be here. You know, your bio is really interesting.

0:36.8

For everybody out there who thinks that Whole Life Insurance is not for young people

0:40.4

and it's just an old person's plan and strategy.

0:43.4

How old are you, Wyatt?

0:44.6

I am 27.

0:46.1

27.

0:46.8

So what got you interested in Whole Life?

0:49.7

Well, I had researched it prior to joining Jake and Gino.

0:54.0

And I almost pulled the trigger,

0:55.9

but I just, there was a lot of, it's kind of confusing at first. And so, you know, when someone said

1:03.1

you could, you know, have a retirement and they could compound interest and it's pretty much

1:08.2

guaranteed, that sounded really attractive to me.

1:12.0

And then they added, you know, it's liquid so you can use it.

1:15.3

Then that sounded really attracted to me.

1:17.8

And then there was just a little bit of lack of clarity before I joined.

1:20.8

And then once kind of getting more educated on it, then it was a no-brainer.

1:25.0

So for you, a confused mind says no.

...

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