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Jake & Gino: Real Estate Investing & Multifamily

Creating Multiple Income Streams with Whole Life

Jake & Gino: Real Estate Investing & Multifamily

Jake & Gino

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

4.9842 Ratings

🗓️ 23 September 2021

⏱️ 17 minutes

🧾️ Download transcript

Summary

In this episode, Jake and Gino reveal how one can create multiple streams of income by leveraging a specially designed Whole Life Insurance Policy. Gino shares his own experience on how he has utilized his whole life policy for multiple purposes, including real estate investing. The Key Takeaways: A Whole Life Insurance Policy can open up several ways to create multiple streams of income. A specially designed Whole Life Policy can offer more flexibility with easy access to your money, unlike traditional retirement plans or 401K plans that lock-in your funds for a long period of time. These policies allow you to eliminate the bank and become your own source of financing. You can use your cash value not only to invest in real estate, creating a pass-income earning asset, but also fund other big-ticket items such as buying a car or rv, going for a vacation and much more The carriers we use continue to grow your cash as you use it for self-financing - as if you never touched it! To learn more about the ways you can leverage a whole life insurance policy, sign-up for our complimentary training: https://100yearrei.com/signup-the-benefits-of-a-100-year-rei-policy/ You can also download our eBook on how you can leverage our Dual Asset Strategy and become your own source of financing: https://100yearrei.com/ebook-download/   Ready to become a 100 year Real Estate Investor? Schedule a call directly with our team to get started today: https://100yearrei.com/callnow/

Transcript

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0:00.0

Hey, everybody, Jake and Gino here for 100year.com.

0:11.4

And everyone knows this as the guys for multiple streams of income.

0:16.5

Gina, you got that honeybee there?

0:17.6

Here we go.

0:18.5

There it is.

0:19.6

There it is.

0:20.5

And there's very few

0:22.7

actual different streams that we utilize. We keep it very focused and there's streams that

0:29.7

lead to purpose ultimately long term. So today, Mr. Gdad, I want to hear from you on one of your

0:36.5

streams of revenue. So we have, obviously,

0:39.3

the multifamily investments, but then we also have the long-term 100-year mindset with the

0:45.3

whole life insurance. So why did you choose whole life as one of your multiple streams of revenue?

0:53.1

Jake, let me start off with this quote. I think it's

0:55.5

important for everybody. This is from James Clear. Many people wish they started sooner. Almost

1:03.2

nobody wishes they started later. Let that sink in everybody. That's pretty fair. And this is all about whole life.

1:12.0

I'll put it off.

1:12.8

I'll put her off.

1:13.4

I don't have enough money.

1:14.4

For me, it was very simple.

1:16.1

Picture this.

1:16.6

It's 2001.

1:18.2

I get a call for my accountant.

...

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