Leveraging Life Insurance as a Flipper

Jake and Gino Real Estate Entrepreneurs

Jake & Gino

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

5 • 831 Ratings

🗓️ 5 October 2022

⏱️ 19 minutes

🔗️ Recording | iTunes | RSS

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Summary

On this episode, 100 Year Team Members Kristin Colca, Teresa Kuhn, and John Shedenhelm share a client’s story who leveraged our cash-value whole life policy to invest in car wash, flipping it to make a hefty profit. When considering if a whole life policy is right for you, it doesn’t always have to be a choice between starting a policy and something else. The Team dives into how you can have BOTH, by borrowing from the policy to invest in other assets or ventures. This not just creates the balance your portfolio needs but also the opportunity to borrow against the cash-value policy. Key Insights: 00:51 Case Study: How the Dual Asset Strategy can be used with more than just real estate investing 03:32 How to borrow against the cash value of a whole life insurance policy 05:41 How to leverage the policy loan proceeds for investing into a business 08:46 Why choose when you can have both using a 100 Year structured policy 11:00 Balancing risk in your portfolio 14:55 Getting started with the Dual Asset Strategy, talk to our Team 17:17 ‘Lunch and Learn’ at MM5 event To know more about long-term personal financial engineering and options for building legacy wealth, connect with our Team at www.100yearrei.com/callnow/ Bonus resources: DOWNLOAD our Dual Asset Strategy ebook and learn how YOU can leverage cash value life insurance and become your own source of financing: https://100yearrei.com/ebook-download/ SCHEDULE A Call: https://100yearrei.com/callnow/ ^To talk to our Team about adding a Permanent Life Insurance Policy to your financial plan (and even the plan for your children), get in touch with our Team here^ 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. Check out this blog for 7 facts about our specially-designed strategies that may not be true about typical whole life policies: https://100yearrei.com/7-facts-about-... #legacywealth #lifeinsurance #financialplanning #personalfinancialengineering #generationalwealth The contents of this video are for informational and educational purposes only. They should not be considered investment, financial, legal or tax advice. Jake and Gino are not licensed in the insurance or securities industries and is not in the business of selling, soliciting or negotiating the sale of any insurance contract, security or other investment vehicle. If you are ready for a breakthrough in your life, MULTIFAMILY MASTERY 5 is for you! Attend Jake & Gino's flagship annual conference with 1,000+ like-minded individuals, entrepreneurs and investors! Learn more: https://jakeandgino.com/mm5 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

Transcript

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0:00.0	Hello and welcome to the 100-year real estate investor podcast webinar.
0:13.0	My name is Kristen Kolka.
0:14.7	I am a member of the 100-year real estate investor team.
0:18.3	And today I am filling in for Gino hosting the podcast. I have with me today
0:24.0	John Shedenhilm and Teresa Coon, two other 100-year real estate investor team members. Welcome.
0:33.3	Hi, Kristen. I must say you're a much prettier version than Gino.
0:39.4	Well, thank you for that.
0:42.2	So today, we wanted to share a client story with our listeners about how one of John's clients
0:51.6	was able to leverage his cash value whole life insurance policy to invest in a
0:57.8	business. And this really speaks to the dual asset strategy that we talk about and how using your
1:06.8	whole life insurance policy to invest in a business or in real estate can provide just a
1:14.3	number of different number one returns that you're getting and benefits that you're getting
1:20.1	that you're not thinking about when you think about traditional whole life insurance. So John,
1:24.4	I'd love for you to start us off today by telling us the story about your client.
1:32.2	Okay.
1:33.6	So many people, when they were looking at the dual asset strategy, they will always say, well, you know, what's my rate of return or what type of yield am I getting on this? And I always tell
1:46.5	it was like, well, it depends on what you do with it. If you just put it into the life insurance,
1:50.6	the way we design it, it's going to be a great safe asset, even if you never use it. However,
1:58.2	in my client's case, we teach people to use it for business and real estate and other things.
2:04.5	So he had been funding his policy at like $50,000 a year for a period of years.
2:11.0	And then he had an opportunity to invest in a car wash business.
2:15.2	So he borrowed $500,000 from his cash via his policy, put it into the car wash business. So he borrowed $500,000 from his cash via his policy,
	...

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