How To Leverage Life Insurance For Real Estate Investing
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- Опубліковано 27 тра 2024
- Watch the Full Interview: • The NO BULL SH*T Strat...
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If you enjoyed this clip, tune in for the full interview dropping this Friday! ua-cam.com/video/9I0HDe8XLb4/v-deo.html
Great one! I had follow Ryan for a while.
Did I miss the "how"? I feel like people say "how", but don't share the detailed mechanics of the how. At one point he mentioned purchasing a home outright without a mortgage, I assume using the cash value. I'd like to know what location has rental income that would repay a 100% loan in reasonable time. Later he mentions leverage, so I assume there's a mortgage, and he references the rent covering the mortgage, but for his down payment, which is a second loan he took from his cash value, is the rent also covering that repayment? I just don't see rental income that will cover repayment of both the cash value and mortgage loans. You need a growing pile of wealth outside of cash value life insurance that is covering the down payments so that the rental income covers the interest (and amortized principal) payments on the leverage. At which point, the life insurance is a tax-advantaged buffer account with a built-in unstructured loan provision?
Love this video. Your videos are always super engaging and informative and I love your mindset of personal finance and living your best life.
Thank you! This comment is very thoughtful and it's great to hear the message is resonating!
This was a great discussion. I like the concept of whole life insurance coupled with real estate.
It was one of my favorite interviews! There’s lots more in the full interview dropping this week I think you’ll enjoy!
The only time whole life insurance works for the cash value is people that have estates north of $15 million. Otherwise term insurance works just fine.
I appreciate you sharing your perspective! I definitely don’t fully agree. I do think term insurance is the best option for a lot of people. But I don’t believe you need to be rich in order to find value in whole life insurance. Would you have any interest in coming on the show and having a conversation on why you think that?
Yeah, the rentals, syndications & ATM machines I have, purchased by leveraging whole life cash value, would strongly disagree
Dont take every word they say, alot of the concepts and principles are true but the fine prints is whats important
KNOW HOW INSURANCE WORKS AND HOW IT CAN WORK FOR YOU OR AGAINST YOU AND ONLY BENEFIT THE INSURANCE AGENT
Very true! This is why we have thousands of hours of content you can pour over that goes through pretty much anything you would ever need to know.
Wealthy people have been doing this for years. People saying it does not work buy term are clueless. I have seen countless people use this method with life insurance to make a ton of money.
High interest fee
Takes anywhere from 6months to even get your money
Cancel fees if you pull out money too early
High premiums for sure
Cost of insurance goes out the roof as you age you what? Get older not younger...... So the extra charge they will begin to eat away at your savings/ investments so you call it, buy term insurance, good for uo to 30 cost of insurance is cheaper, now you invest the difference and cut the middle man out
Thanks for sharing your perspective! Any interest in coming on the show with Caleb and having a conversation about all of these points you just made? The aim would be to find common ground or at least flesh out the areas we disagree and see if we can make the issues clearer for our viewers. You can reach me at caleb@betterwealth.com if you’re interested!
@@BetterWealthdoes anyone ever take you up on your offer? I'm actually interested to know or if they just chime in here and then ghost you
It would be interesting to see the performance of various bonds funds versus the _net_ dividends paid out by the mutuals over the years. I have the tabulated Guardian data for Gross dividends, was comparing to CPI-U for fun. Minus 1.5% to get net?
Scam insurance
Would you be interested in coming on the show and discussing why you think this? We might be able to find some common ground! Let me know!
@@BetterWealth No
@@GregJSchneider Ok no worries! If you change your mind and ever want to have a conversation in the future, just comment and we'll make it happen! Have a blessed week!