Buying Real Estate | Inside vs. Outside an IRA

Welcome to The Infinite Wealth Podcast, for aspiring and seasoned investors looking to expand their portfolios and unlock financial freedom. In this episode, hosts Cameron and Anthony sit down with industry juggernauts, Liz Nowlin and Terry Kerr from Mid South Home Buyers. This insightful discussion reveals how Mid South has become a beacon for investors seeking turnkey property solutions. With a firm grasp on the Memphis and Little Rock real estate markets, Liz and Terry share their expertise on building wealth through thoughtfully renovated and meticulously managed properties. They discuss the importance of a positive work culture, exceptional customer service, and the strategic business model that has placed Mid South at the pinnacle of turnkey real estate investment. Whether you're curious about real estate, an investor on the sidelines, or someone looking to refine your financial strategy, this episode is packed with invaluable insights into creating infinite wealth through smart property investments.

Resources:

https://midsouthhomebuyers.com/

Schedule your Discovery Call with Anthony or Cameron here 

http://bit.ly/iwc15podcast

Check our online course at www.InfiniteWealthCourse.com

Buy Becoming Your Own Banker by R. Nelson Nash http://bit.ly/BYOBbookIWC

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In this episode of the Infinite Wealth Podcasr, hosts Cameron and Anthony welcome their new coach, Anthony's son, Chad Faso. His passion for financial stability and growth has led him to embrace and teach the principles of the Infinite Banking Concept. At a young age, Anthony got Chad an Infinite Banking policy to pay for his education and create a foundation for Chad to build growth. Anthony and Chad explain what this looked liked and how it helped Chad fund his financial endeavors. Chad opens up about his transition from caring for critical patients to coaching clients toward financial freedom and shares his personal experiences with various investment strategies, including his involvement in the burgeoning field of cryptocurrencies and real estate flipping. The episode is a heartening look at the human side of financial structures and the value of education and mentorship in its practice.

 3 Key Lessons:

1. **The Importance of Financial Foundations:** Chad's journey underscores the significance of establishing a solid financial base. Despite the allure of high-risk investments, he learned the value of guaranteed growth and liquidity, which he found in the Infinite Banking Concept. Listeners can take away that there's merit to conventional wisdom when it comes to financial planning, and that it's often foundational to achieving long-term wealth.

2. **Educational Mentorship in Finance:** The episode highlights the role of mentorship in financial literacy. As Chad discusses being mentored by Anthony and now assuming the role of a mentor himself, we learn the importance of patience and continued learning when it comes to handling finances. For parents, this is a poignant reminder of the impact their guidance can have on their children's financial future.

3. **Balancing Life and Financial Goals:** Chad's past life as a respiratory therapist, dealing with life-and-death situations, provides an interesting backdrop to his current mission as a financial coach. His goal of achieving financial freedom so his wife could stop working illustrates that financial strategies like IBC are not just about the money; they're about creating life balance, reducing stress, and improving overall quality of life.

Resources

Schedule your 15-minute call with Anthony or Cameron here:

http://bit.ly/iwc15podcast

Check our online course at www.InfiniteWealthCourse.com

Buy Becoming Your Own Banker by R. Nelson Nash http://bit.ly/BYOBbookIWC 

Cameron and Anthony unpack the complexities of tax planning with expert, Mark Perlberg CPA. They delve into the under-utilized tactics CPAs overlook, explore strategies for both affluent clients and individuals starting their financial journeys, and discuss the niche opportunities that savvy investors and entrepreneurs can leverage for tax benefits. From real estate investment nuances to the subtle art of charitable deductions, the trio covers ground that could redefine your approach to taxes and long-term wealth.

3 Key Lessons:

1. Structuring your business for tax efficiency and engaging in proactive tax planning can reveal significant tax-saving opportunities, especially for individuals with business or investment income between the one to five million mark. Identifying these opportunities requires expertise, and consulting with a tax specialist is crucial for personalized tax strategies.
2. Investment vehicles such as real estate can provide not only passive income but also potential tax benefits. Understanding and qualifying for the real estate professional status or delving into oil and gas investments can be game-changers for offsetting other forms of income, including W-2 earnings and capital gains, with the right documentation and strategy in place.
3. Infinite Banking and Roth IRA alternatives present unique advantages and limitations based on individual financial goals. Entrepreneurs, in particular, might find the standard Roth IRA restrictions unappealing compared to more flexible strategies, and it's important to consider all investment avenues, including those that are often less discussed in traditional media. 

Resources:

Reach out to Mark at info@markperlbergcpa.com

Website - https://www.markperlbergcpa.com/

Schedule your Discovery Call with Anthony or Cameron here 

http://bit.ly/iwc15podcast 

Check our online course at www.InfiniteWealthCourse.com

Buy Becoming Your Own Banker by R. Nelson Nash http://bit.ly/BYOBbookIWC

We use affiliate links. If you decide to buy something, we may receive compensation from those companies

In this captivating episode of Infinite Wealth, hosts Cameron and Anthony sit down with Tim Boyle, a former financial advisor turned children's author and IBC advocate. With a trilogy of books designed to tackle the gaps in financial education for kids, Tim illuminates his path from advising to authoring and how he's leveraging the power of Infinite Banking for both his family's future and his daughter's dreams. Cameron opens up about his journey with policy design, embracing the lessons from initial missteps to optimized strategies for wealth growth. Strap in as Tim joins the Infinite Wealth team, adding his profound insights to our coaching arsenal, all inspired by his lifelong embrace of personal finance and the Austrian school of economics.

Resources:

Tim's Website 

Schedule a call with Tim

Schedule your Discovery Call with Anthony or Cameron here

Check our online course

Buy Becoming Your Own Banker by R. Nelson Nash

We use affiliate links. If you decide to buy something, we may receive compensation from those companies

This week Anthony and Cameron dive into the often disregarded aspects of whole life insurance - the living benefit and the death benefit. They share personal client experiences and highlight the living benefits derived from the living and death benefits, offering valuable insights into wealth protection and financial security.

3 Key Lessons:

1. Death Benefit: The hosts reveal real-life client experiences that underscore the critical role of the death benefit in providing financial security and peace of mind, especially during times of health challenges and unforeseen circumstances.
2. Living Benefits: Exploring the living benefits associated with the death benefit, Cameron and Anthony provide valuable insights into the chronic illness and terminal illness riders, while addressing the importance of appropriate planning for long-term care needs. 
3. Retirement Priorities: Delving into the "four L's of retirement" – lifestyle, liquidity, long-term care, and legacy – the hosts emphasize the necessity of prioritizing financial plans and ensuring adequate resources for current and future needs.

Resources:

Schedule your Discovery Call with Anthony or Cameron here http://bit.ly/iwc15YT

Check our online course at www.InfiniteWealthCourse.com

Buy Becoming Your Own Banker by R. Nelson Nash http://bit.ly/BYOBbookIWC

We use affiliate links. If you decide to buy something, we may receive compensation from those companies

In this revealing podcast episode, Infinite Wealth hosts Cameron and Anthony invite Sean Dempsey to share his expertise and real-life experiences with the Infinite Banking Concept. Delving into Sean's introduction to whole life insurance, the pivotal role of proper policy structuring, and the fundamental shift in financial mindset IBC calls for, the trio discusses the potential and pitfalls of harnessing IBC's power in personal finance. Sean, a fervent advocate for IBC introduced by Tim Boyle, speaks on the life-altering financial perspectives gained, his investor community's brainstorming dynamics, and how the IBC offers unparalleled access to capital for seizing investment opportunities.

Resources:

Schedule your 15-minute call with Anthony or Cameron here:

http://bit.ly/iwc15podcast

Check our online course at www.InfiniteWealthCourse.com

Buy Becoming Your Own Banker by R. Nelson Nash http://bit.ly/BYOBbookIWC 

Join us in this riveting episode of the Infinite Wealth Podcast as we highlight the numerous benefits that come with investing in real estate. We break down ten powerful aspects that make real estate an attractive endeavor for anyone aiming to establish long-term wealth. From the potential for substantial cash flow to the incredible tax incentives, Cameron and Anthony discuss how effective real estate investment can skyrocket your financial prosperity. Moreover, they provide insights into the diverse financing options available, underscore the importance of historical appreciation, and explain how real estate acts as a formidable shield against inflation.

Downsides of Real Estate

Our with a demographer

Resources:

Schedule your 15-minute call with Anthony or Cameron here

Check out our online course

Buy Becoming Your Own Banker by R. Nelson Nash 03

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In this episode of the Infinite Wealth Podcast, Cameron and Anthony delve into the significance of morning routines and how they can impact an individual's mindset and daily productivity. They share their personal morning routines, providing practical examples of how to structure mornings for success, and impart valuable tips for listeners to create their own effective morning routines.

3 Key Lessons:

1. Start the day with intention: Setting specific, deliberate morning routines can lead to a more purposeful and productive day, allowing individuals to maintain control over their time and prioritize personal development.

2. Find what recharges you: Discover activities that positively impact mental and physical well-being, tailored to individual preferences, such as exercise, meditation, or reading, to establish an energizing morning routine.

3. Set intentions and minimize decisions: Preparing for the morning routine the night before reduces decision fatigue and streamlines the morning process, enabling a seamless transition into the day ahead.

Resources:

Schedule your 15-minute call with Anthony or Cameron here: http://bit.ly/iwc15podcast

Check our online course at www.InfiniteWealthCourse.com 

Buy Becoming Your Own Banker by R. Nelson Nash http://bit.ly/BYOBbookIWC 

In this episode of the Infinite Wealth podcast, Anthony and Cameron dive into the topic of managing your children's credit scores, shedding light on the importance of establishing and maintaining good credit from an early age. They share practical strategies for parents to help their kids build strong credit profiles, and provide insights into how credit scores can impact various aspects of life, from renting an apartment to employment opportunities. Furthermore, they discuss the implications of credit scores within the framework of infinite banking, offering a thought-provoking perspective on the subject.

Resources:

Schedule your 15-minute call with Anthony or Cameron here:

http://bit.ly/iwc15podcast

Check our online course at www.InfiniteWealthCourse.com

Experian Bost https://www.experian.com/boost/fico-score

Credit Karma https://www.creditkarma.com/ 

Buy Becoming Your Own Banker by R. Nelson Nash http://bit.ly/BYOBbookIW