In this episode, Jake and Gino unravel the concept of Long-Term Personal Financial Engineering. Think of financial planning for your future as “Personal Financial Engineering.” They talk the ‘buy-low, sell-high’ strategy that most investors try to apply when planning for the future, and the dynamics involved in when the opposite happens- buyers end up buying high and selling low.
It’s very challenging to maintain to a long-term mindset when so many things in our lives feel unstable and unpredictable, but we have to stay focused on our goals and refrain from having “get-there-it is,” as Jake calls it. Jake and Gino believe that long-term success with Multifamily relies on informed decision-making and a practical understanding of the three pillars of real estate: market cycle, debt and exit strategy. The duo also discuss the ways you can leverage Whole Life Insurance in your long-term financial plan, and how a 100 Year policy can be used as a cash management tool.
KEY INSIGHTS:
00:00 Introduction
04:11 Listen to the older person's advice
07:50 What is wealthy mindset all about
11:34 Transactions pay the bill, equity makes you rich
14:00 Whole life policy as a cash management tool
16:30 Wrap-up
BONUS RESOURCES:
Dual Asset Strategy eBook: https://100yearrei.com/ebook-download/
Learn how to leverage permanent, cash value life insurance to become your own source of financing!
SCHEDULE A CALL:
https://100yearrei.com/callnow/
To talk to our Team about adding a 100 Year structured policy to your personal financial plan (and even the plan for your business or children).
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-specially-designed-whole-life-policies/
Life insurance is not an emotional decision, but a sound risk management decision, which provides protection and opportunity for the future. Each Member of the 100 Year Team is a Bank on Yourself® Professional, and are experts in the Infinite Banking Concept®. We are licensed and service clients in the United States, Canada, and Puerto Rico, specializing in working with Real Estate Investors.
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