The Infinite Wealth Podcast

Schedule your 15-minute call with Anthony or Cameron here: http://bit.ly/iwc15podcast We tell clients every day...."YOU are your GREATEST asset!" In today's episode Cameron, Anthony and their guest, Ryan Pineda discuss why personal development should always be your first investment. Ryan is a former professional baseball player turned serial entrepreneur. He shares with us how his emphasis on personal development has led him to go from flipping 5 houses to over 300 in just a few years. In addition to flipping houses, he has written a best-selling book, created a very successful coaching program, and started an accounting firm specific to Real Estate Investors. Enjoy today's episode and be sure to check our online course at https://infinitewealthcourse.com for more information. Resources: Flip Your Future by Ryan Pineda (Book) https://futureflipper.com/ https://ryanpineda.com/ How to use your cash and leverage it properly

Schedule your 15-minute call with Anthony or Cameron here: http://bit.ly/iwc15podcast In today's episode, Anthony and Cameron discuss Nelson Nash's Becoming Your Own Banker and review the section he titled "The Retirement Trap." In this section, Nelson shares his views on Social Security and other government-sponsored plans such as 401(k)'s and IRA's. In addition, they discuss the definition of retirement and how helping clients have a clear understanding of what it means to live/invest with intention can help lead to a very long and product life. Are you following along in the book? If not, you should be. You can join us by getting your copy of Becoming Your Own Banker from the link below. Check our on-line course at www.InfiniteWealthCourse.com Resources: Thou Shall Prosper by Rabbi Daniel Lapin Business Secrets of the Bible by Rabbi Daniel Lapin Becoming Your Own Banker by Nelson Nash

Schedule your 15-minute call with Anthony or Cameron here: http://bit.ly/iwc15podcast One of the biggest misconceptions in Real Estate is that you have to have money to get started. In today's interview, Chris Prefontaine shares with use three creative financing strategies you can use to acquire Real Estate with little to no money out of pocket. He defines what it means to purchase real estate on "terms" and explains why price is not always the most important piece when it comes to buying/selling. Enjoy this interview titled: "The New Rules of Real Estate." Additional topics include: What is a Lease Option? What is Owner Financing? What is "Subject to"? Do these strategies work in today's current real estate environment? What are the pro's/con's of running a family business? Be sure to check our online course at https://infinitewealthcourse.com Resources: Free Educational Webinar Strategy Call w Chris Prefontaine Smart Real Estate Coach YouTube Channel Free EBook

Schedule your 15-minute call with Anthony or Cameron here: http://bit.ly/iwc15podcast Have you ever wondered what a tax lien is? If so, you're not alone....Anthony has too :) Today we interview the tax lien guru, Cynthia Spirlin, J.D. As a child Cynthia witnessed first hand what kind of impact owning real estate could have on her family's finances and in addition to sharing her story, she explains tax liens and discusses investment opportunities investors can use to create passive income. We discuss how much you need to get started and what's your exit strategy once you own one. Cynthia has created many resources for investors to learn more about tax lien's and those can be found in the show notes. Enjoy this episode!! Additional topics include: What is the redemption period? How to perform due diligence on a tax lien? Are there good or bad tax liens? How competitive is this market? Check our on-line course at https://infinitewealthcourse.com/home Resources: Facebook: https://www.facebook.com/taxlienmastermind/ LinkedIn: https://www.linkedin.com/in/taxlienswithcynthia/ Youtube: https://www.youtube.com/channel/UCwDIwpcOfyoLgTPpyoqF75Q Business Mobile Phone: (702) 335-2099 Business Email Address: [email protected]

Schedule your 15-minute call with Anthony or Cameron here: http://bit.ly/iwc15podcast Have you ever felt like you're watching someone's highlight reel and wondered if Real Estate Investors ever make mistakes?? Today we interview Spencer Cornelia and he shares with us his story of stepping out from his W-2 job and stepping into Real Estate. He shares some of the setbacks he encountered in his first two deals and how that experience ultimately led him to create his YouTube channel where know he has a growing social media following of over 30,000 subscribers. You will enjoy this message of resiliency from an entrepreneur that is willing to share how some of his mistakes have led him to achieve success in other ventures. Enjoy!! Be sure to check our on-line course at www.InfiniteWealthCourse.com Resources: Spencer Cornelia's YouTube Channel Spencer Cornelia: Bigger Pocket's Interview How I bought a Seller Financed 4 Plex in Las Vegas Antifragile by Nassim Nicholas Talib

Schedule your 15-minute call with Anthony or Cameron here: http://bit.ly/iwc15podcast As Nelson states in his book, "If you know what's happening you'll know what to do" and if you've been following along by this point you have a fundamental understanding of how the "banking function" of your life has a direct impact on your personal finances. In today's episode Anthony and Cameron discuss Nelson's advice for capitalizing and implementing your system. It all starts with some honest introspection and a commitment to change. Once you have the desire there are five steps to take: (1) Change your priorities (2) Develop a regimen (3) Be in community with like minded individuals (4) Continue to learn (5) Action...DO IT NOW. Enjoy this episode!! Quotes: There has got to be some honest introspection at this point and a commitment to "get out of financial prison" must be a burning passion. If you know what's happening, you will know what to do. Resources: Check our on-line course at www.InfiniteWealthCourse.com Becoming Your Own Banker by Nelson Nash

Schedule your 15-minute call with Anthony or Cameron here:http://bit.ly/iwc15podcast Have you ever wondered if IBC actually works? If so, you're not alone. In today's episode we interview Dr. Dick Dykman, DDS and he shares with us how he has used the Infinite Banking Concept in his dental practice as well as his personal life over the last 14 years. In addition to providing his own personal testimony we address the following topics: Why isn't everyone doing this? Am I too old for IBC? Does this actually work? What were your initial concerns? What advice would you have for a young professional? What would you have done differently when you started your first policy? To learn more about the Infinite Banking Concept check out our on-line course at www.InfiniteWealthCourse.com

Schedule your 15-minute call with Anthony or Cameron here: http://bit.ly/iwc15podcast BACK BY POPULAR DEMAND.......In today's episode, we interview Aaron Chapman with Security National Mortgage. Aaron does over 700 loans a year for Real Estate Investors and today we discuss why cash flow is really just the "Cherry On Top" of real estate investing. Today we dive deep into the tax advantages of Real Estate; How Real Estate acts as a Hedge Against Inflation; and Aaron provides a foundation understanding of interest rates which in turn helps to answer your question....."Should I refinance?" Additional topics discussed include: Why are interest rates not 0%? Why lenders sell the servicing rights to loans? Should I refinance my personal residence and/or investment properties? Real Estate as a Hedge Against Inflation How policy loans work His thoughts on investing for appreciation Check out our online course at www.InfiniteWealthCourse.com Quotes: Leverage High, Leverage Long, Pay off Slow – Aaron Chapman RESOURCES: AND 1 Video: The Master Key System by Charles Haanel Aaron's Website Aaron's Youtube Channel Shadowstats.com Arron's books https://bit.ly/aaronchapman QJO Initiative: 4 Books Series Point Your Head and Heart....Your Ass Will Follow: Book 1 Gratitude: A Practical Application: Book 2 Quit Jerkin Off: Book 3 Stihl Running: Book 4

Schedule your 15-minute call with Anthony or Cameron here: http://bit.ly/iwc15podcast Have you ever laid in bed at night and wondered if you have enough money to retire? In today's episode we interview Dr. Wade Pfau, who has devoted his career to answering this question. Dr. Pfau is the Founder of the Retirement Researcher Blog which provides independent, data-driven and research-based information about retirement income planning. Today we discuss one of the biggest misconception's clients (and advisor's) make when calculating cash flow in retirement. The "4% Rule" is often misunderstood and Dr. Pfau provides his insight into whether or not it is applicable in today's low interest rate environment. Additional topics discussed include the following: What is the 4% Rule? Is it still applicable in today's low interest rate environment? Whole Life vs. Universal Life Should I replace my Bond Portfolio with High Cash Value Life Insurance? What are the three types of Buffer Assets? Personal Pension/Volatility Buffer The case for annuities in a low interest rate environment What is a Reverse Mortgage? Reverse Mortgage vs. A HELOC To learn more about how to increase your income in retirement check out our on-line course at www.InfiniteWealthCourse.com Resources: Website: https://retirementresearcher.com/ How much can I Spend In Retirement? A guide to Investment-Based Income Strategies Reverse Mortgages: How to use Reverse Mortgages to Secure Your Retirement Safety-First Retirement Planning: An Integrated approach for a Worry-Free Retirement White Paper: Optimizing Retirement Income by Combining Actuarial Science and Investments Sequence of Returns Video- https://youtu.be/dbRDzZK4EK0

Schedule your 15-minute call with Anthony or Cameron here: http://bit.ly/iwc15podcast In this episode we interview Steven Libman, Managing Partner of Integrity Holdings Group. He details how he built a very successful wholesaling/fix flip business and what led him to the realization that he needed to move to Commercial Real Estate; specifically Self Storage Units and Apartment Buildings. In additional we discuss how to create generational wealth through Commercial Real Estate and how he uses IBC to enhance his real estate investments. Additional topics include: Passive Income: "So easy a 6 yr old can do it" Millionaire Kids How to invest with purpose What is a syndication? What are the pro's/con's of syndications? To learn more about how to increase your real estate investment returns check out our on-line course at www.InfiniteWealthCourse.com Resources: Integrity Holdings Group Free From Wall Street: 5 Things Your Financial Advisor Doesn't Want You To Know Free From Wall Street Podcast Why We Are Getting Into CRE Tax Free Wealth by Tom Wheelwright, CPA

Schedule your 15-minute call with Anthony or Cameron here: http://bit.ly/iwc15podcast In this episode we review pages 51 – 63 of Nelson Nash's "Becoming Your Own Banker." We dive deep into the equipment financing section where Nelson proves the more we use the policy the better it gets. This idea is counter intuitive to most and so Nelson dedicates these pages to show readers what happens when we start to take control of the banking function of our business and the results will surprise you. Concepts: 20% of results are from the product we are using/80% of results are from the way we use it There is only one pool of money Think of premiums as "Capital for your business" Most people are building equity in the wrong place The more you use it the better it gets Quotes: "Business' come and go – but banking is eternal" "Everyone should be in two business' - the one in which you make your living and the other should be the banking business that finances whatever you do for a living" Check our on-line course at www.InfiniteWealthCourse.com Resources: Becoming Your Own Banker by Nelson Nash Equipment Financing Video Link https://bit.ly/IWCequipmentfinancing

Schedule your 15-minute call with Anthony or Cameron here: http://bit.ly/iwc15podcast Are you tired of the roller coaster that is the stock market? Have you ever felt Wall Street doesn't have your best interest at heart? If so, you're not alone. In today's episode we interview best-selling author and advisor Barry James Dyke. Barry has written three books (with one more coming soon) that peel back the curtain on how Wall Street has systemically transferred the risk of investment losses' to the American consumer while keeping a majority of the profits for themselves. We discuss the hypocrisy found when major banks/financial institutions (and politicians) tell you to speculate with your hard earned dollars while they put their money in non-market correlated assets. In addition, he uses Caesars Entertainment's 2015 Bankruptcy filing as an example to highlight the incestuous relationship between Private Equity Firms, Pension Plan Managers and major Banking institutions. Additional topics discussed: Insider's take on the leveraged buyout of Caesars Entertainment The connection between Private Equity and Pensions The Greater Fool Theory Tier 1 Capital: What is it and why banks own so much of it The importance of Creditor Protection: The Ken Lay Story What to know about Annuities The Glass-Steagall Act: It's repeal in 1999 and the effect it had on the American Economy Quotes: "Never met a man who's made a million dollars from mutual funds" "No cop on the beat" "Fiscal Fitness" Check our on-line course at www.InfiniteWealthCourse.com Resources: Barry's Website "The Economic Warrior" Youtube Channel The Pirates of Manhattan The Pirates of Manhattan II: Highway to Serfdom Guaranteed Income: A risk free guide to Retirement Financial Planning has Failed E-Book Creature from Jekyl Island Buyout of America by Josh Kosman

Schedule your 15-minute call with Anthony or Cameron here: http://bit.ly/iwc15podcast Are you feeling stuck at your job and tired of trading time for money? If so, you need to listen to this episode where we interview Stuart "Stu" Grazier, co-founder of Storehouse 3:10 Ventures where he tells us about his success' (and some failures) he's made in real estate investing. He discusses his experience with private lending and why he's transitioned to not only purchasing turnkey rental properties himself but how and WHY he and his business partner, David Gutierrez have begun offering turnkey rental properties to other investors. Additional topics discussed in this episode include: What is a Turnkey Rental Property? What markets are they currently working? What is the average price range and rent for these properties? Expected Rate of Return How extensive are their rehabs? How long is their waiting list What makes them different from other Turnkey Providers? Check our on-line course at www.InfiniteWealthCourse.com Resources: Filling The Storehouse Podcast storehouse310turnkey.com David's LinkedIn Stuart's LinkedIn Storehouse Facebook Storehouse Instagram Storehouse YouTube Channel

Schedule your 15-minute call with Anthony or Cameron here: http://bit.ly/iwc15podcast In today's episode we interview Keith Yackey, carpenter turned Real Estate Entrepreneur. Keith is the founder of Private Money Pro, the creator of the Private Money Process and has flipped over 700 properties, owned over 300 rentals and raised close to $50M of private money. Keith peels back the curtain on raising Private Money and shares the top 3 place you can go to raise private money and what you need to say to investors once you find them. In addition, he shares his insights on the importance of "Relationship Capital" while providing practical steps you can take to build your professional network. Additional topics discussed include: Practical Steps to Building a Network The Importance of having a Mentor/Coach Top Two Misconceptions that hold most Entrepreneurs Back Why You should have an "Everything is Figureout-able Attitude" The first investment you should make Keith's Top 3 places you can go to raise private money Knowing what to say to investors once you find them How to instantly establish credibility with investors The importance of "Relationship Capital" Check our on-line course at www.InfiniteWealthCourse.com Resources: Keithyackey.com PrivateMoneyPro.com Keith Yackey YouTube Channel KeithandJesse.com

Schedule your 15-minute call with Anthony or Cameron here: http://bit.ly/iwc15podcast In this week's podcast we discuss the recently passed CARES ACT; the single largest stimulus package ever passed by Congress. There are some phenomenal provisions in here and we want to make sure you understand what is available to you and your business. We are joined by the managing partners of the Las Vegas based accounting firm Campbell Jones Cohen CPA's. This live webinar was recorded on Friday, April 10th: * Which Loans, Grants and/or Tax provisions will benefit you the most * Should I apply...If so, how do I apply? *What benefits can a real estate investor or landlord qualify for? * Why you should consider a Penalty Free Withdrawal from your 401(k) * Q&A (Live Question and Answer) Check our on-line course at www.InfiniteWealthCourse.com Resources: Campbell Jones Cohen CPA's Bongiovi Law Firm's List of Banks Taking Non Client Applications Financial Planning Has Failed e-book

Schedule your 15-minute call with Anthony or Cameron here: http://bit.ly/iwc15podcast In this episode Kim Butler shares with us what led her to walk away from "typical" financial planning; including giving up her CFP designation and ultimately create the Prosperity Economics Movement. For the last 20 plus years, Kim has shunned common financial products such as stocks, bonds, savings accounts and CD's in favor of alternative investments, private lending, and creative life insurance strategies outside of the typical financial planning "box." In today's interview we discuss the following topics: A CFP's perspective on "Financial Plans" What led her to give up her CFP designation What she learned from her wealthy clients about how to CREATE wealth Where the best place to store your emergency/opportunity fund is How her advice has changed over the years Words are important: TRADITIONAL vs. "typical" Financial Planning What is the Prosperity Economics Movement? Check our on-line course at www.InfiniteWealthCourse.com Resources: Financial Planning has Failed ebook Perpetual Wealth by Kim Butler The Mystery of Capital by Hernando De Soto The Future is Faster Than You Think by Peter Diamandis ProsperityEconomicsMovement.org

Schedule your Discovery call with Anthony or Cameron here: http://bit.ly/iwc15podcast In today's episode we interview colleagues Russ Morgan and Joey Mure, co-founders of Wealth Without Wall Street. Over the last several years they have built a very successful advisory practice and they can attribute a lot of that success to "The Community" they've built which brings like-minded people together to share conversations of how to create wealth. Today, they tell us WHY they created "The Community," who it's for and what resources are available to clients once they join. Other topics discussed today include: Are you tired of trading time for money? What does Financial Freedom mean to you? The Four Step Process to achieve Financial Freedom What financial lessons are we teaching our kids? Why did they create "The Community"? Success stories that have come from being a part of "The Community" Check our on-line course at www.InfiniteWealthCourse.com Resources: www.wealthwithoutwallstreet.com/infinitewealth

During this episode Anthony and Cameron host a Virtual Open Office Hour to address client concerns regarding the Coronavirus situation. They address the five most common questions they been asked in the last week while also discussing a few tips that you can do now to be in the best position financially when things settle down. Today's conversation addresses the following topics: -What can I do to adjust my premiums? -How safe is the banking system? -How safe is my cash value? -How much money should I have in my savings and/or checking vs. cash value? -Should I apply for and utilize a line of credit: whether it be a HELOC or a business LOC? -What to do during this downtime? Resources: The Land Geek The Land Geek Launch Kit Bigger Pockets The Community IWC Course The Lara-Murphy Podcast IWC Podcast: Liz Nowling: Mid South HomeBuyers: Turnkey Mark Podolsky, The Land Geek Alexander Felice, BRRRR Strategy Corona Virus White Paper FDIC Bail in

Schedule your 15-minute call with Anthony or Cameron here: http://bit.ly/iwc15podcast In this week's episode we interview Todd Langford, CEO and developer of Truth Concepts Financial Calculators and Co-Founder of the Summit for Prosperity Economics Advisors. We discuss the "Top 5 Myths of Financial Planning." Topics discussed include: -Myth #1: Buy Term and Invest the Difference -Myth #2: Qualified Plans are the best way to save for retirement -Myth #3: The path to wealth is found in a well-diversified portfolio of stocks and bonds -Myth #4: Whole Life Insurance is a terrible investment -Myth #5: Paying Cash is the best way to make large purchases -Myth #6: Direct vs. Non-Direct Recognition. Which is best? Check our on-line course at www.InfiniteWealthCourse.com

Schedule your 15-minute call with Anthony or Cameron here: http://bit.ly/iwc15podcast In our previous episode we interviewed American Economist, Robert Murphy; during this interview he predicted the American economy will experience a recession in July of 2020. Today we discuss 10 steps you can take to protect yourself from an upcoming recession. Some topics discussed include: -Maintain a positive attitude -Analyze your current job -Are you financially prepared to take care of loved one's -Review your monthly expenses -Pay down high interest debt -Review major spending plans -Boost your credit score -Get a line of credit -Start a side hustle -Build your opportunity fund Check our on-line course at www.InfiniteWealthCourse.com Resources: Sign up for the Investors tool kit http://bit.ly/LGinvestorstoolkit What is Land Flipping all about? Find out here: http://bit.ly/LGTookKit

Schedule your 15-minute call with Anthony or Cameron here: http://bit.ly/iwc15podcast In today's podcast we interview American Economist, Robert "Bob" Murphy. A short list of his many accomplishments include having a PhD in Economics from New York University, he's a Senior Fellow with the Mises Institute, he's on the Board of the Nelson Nash Institute, he is the author of hundreds of articles and several books on Economics and in addition he hosts two podcasts: "The Bob Murphy Show" and "The Lara-Murphy Show." During this episode we discuss the following topics: A brief overview of the differences between Austrian and Keynesian Economics How Austrian Business Cycle Theory explains the boom/bust cycle of the American Economy What is Quantitative Easing and why is it bad? What is the Inverted Yield Curve and why does it happen? Bob tells us WHEN and WHY to expect the next RECESSION TO HIT the US Economy Check our on-line course at www.InfiniteWealthCourse.com Resources: Chart illustrating correlation between QE and S&P 500 Bob's October 2007 article talking about impending recession: Podcasts: The Bob Murphy Show: The Lara-Murphy Show Books: Choice by Robert Murphy Economics in One Lesson by Henry Hazlitt

In this episode, we share a couple highlights from the IBC Think Tank - David Sterns, Nelon Nash's son-in-law, shared what generational wealth transfer means -How was it being the first year without Nelson - IBC is all about "How you think." by R. Nelson Nash - Economic Outlook by economist, Robert Murphy Schedule your 15-minute call with Anthony or Cameron here: http://bit.ly/iwc15podcast Resources: -Buy Becoming Your Own Banker by R. Nelson Nash http://bit.ly/BYOBbookIWC -Inverted Yield Curve https://en.wikipedia.org/wiki/Yield_curve - Video on Paying Cash vs IBC

This episode we interview real estate expert, Zach Walkerlieb of The Walkerlieb Group w Coldwell Banker. Zach pulls out his "crystal ball" for 2020 and we discuss: - We start with the important question first: "Is Tom Brady buying a house in Las Vegas?" - What Zach learned from underwriting for properties for investors - Zach's few on what will happen with appreciation for real estate - What makes the US an attractive investment for foreigners? - How to find out information about zip codes you are looking to invest in? - What questions to ask your "real estate" team - Overview how a tax-free 1031 Exchange works - How to get comfortable investing outside of your local market - Where interest rates are going? - Advantages of higher interest rates - Has the new tax rules impacted people from buying a house? - What makes real estate such an attractive investment - Are there hundreds of empty homes owned by banks and investors, waiting to be sold? The books Zach recommended: Fake by Robert Kiyosaki What is the Future and Why Its Up to Us Lifespan: Why We Age and Why We Do Not Have To by David A. Sinclair Sapiens and Homo Deus by Yuval Noah Harari You can reach Zach at 702-743-9988 www.WalkerLiebGroup.com Schedule your 15-minute call with Anthony or Cameron here: http://bit.ly/iwc15podcast

Schedule your 15 minute call with Anthony or Cameron here: http://bit.ly/iwc15podcast On pages 48 of Becoming Your Own Banker Nelson Nash states "premiums and income should match." Nelson often taught in parables and often used the phrase "it's all about how your think." This is an example of Nelson giving us an idea without much direction on how to execute it. In this episode we outline our three rules for how/when to expand your banking system and we also provide a practical example of what it looks like. Resources: "Expanding Your Banking System" 15 year vs 30 Mortgage: Which is best?

Schedule your 15-minute call with Anthony or Cameron here: http://bit.ly/iwc15podcast Check our on-line course at www.InfiniteWealthCourse.com In this episode, we welcome Darrel Evans, Co-Founder of Yokel Local and Host of the MindShift Podcast. We discuss ways people can shift their mindset from an employee to that of an entrepreneur. What is an Entrepreneur's Mindset....its a way of thinking that enables one to overcome challenges, be decisive and accept responsibility for one's outcomes. Topics include: Fear: How it affects the decisions we make Accountability: Everything is dependent upon you Resiliency: Must learn to deal with mistakes and failures Humility: Willingness to learn from others. Can't be arrogant and learn at the same time Constructive Criticism: Business is a series of unending course corrections Quotes: "Prosper where you are planted" – D. Evans "Life (and business) is a series of challenges. When you complete one challenge you get rewarded with another." - C. Christiansen Resources: https://www.themindshiftpodcast.com/ https://www.yokellocal.com/ The E-Myth by Micahel Gerber Cashflow Quadrant by Robert Kiyosaki Think and Grow Rich By Napoleon Hill The Power of the Subconscious Mind by Joseph Murphy Psycho-Cybernetics by Maxwell Maltz

Schedule your 15-minute call with Anthony or Cameron here: https://calendly.com/infinitewealth/15mincall On today's episode we interview Mark Podolsky aka "The Land Geek." Mark has completed in excess of 5,400 land transactions over the last 20 years. He shares with us how he got started, how he's been able to scale his business while working just a few hours a week and he tells us WHY he teaches other investors how to do the same. In addition, you will learn how he was able to create enough passive income to leave his investment banking career in just 18 months. Topics discussed include: Solo-Economic Dependency: What is this and why is Mark is on a mission to rid the world of it Mark explains the 5 step process of Flipping Land How the last financial crisis affected his business and what he would do differently Mark tells us that to be successful in this type of business you need to have skills: (1) You must enjoy getting a good deal and (2) Embrace the suck How much capital is needed to get started Land Flipping? He tells us how he's been able to automate 90% of this business and only work a few hours a week Next Steps: Investors Launch Kit https://bit.ly/LGLaunchKit Land GeekBoot Camp (Las Vegas Aug 7th – 9th) Flight School Flight School LIVE Quotes: This business model is simple but not easy – Mark P. Resources: https://www.thelandgeek.com/ https://www.thelandgeek.com/bootcamp/ Dirt Rich by Mark Podolsky www.InfiniteWealthCourse.com Profit First by Mike Michalowicz **We use affiliate links. If you decide to buy something we may receive compensation from those companies

Schedule your 15-minute call with Anthony or Cameron here: http://bit.ly/iwc15podcast In this episode we discuss one of the most commonly asked questions: "What should my premium(s) be?" Clients often struggle with this question when they first initiate a policy; We provide a general rule of thumb we've used when helping clients determine what their premiums should be. Also, we discuss other considerations for policy design such as how much a client is saving, cash sitting in checking/savings accounts, expected windfalls, etc.....Each of us provide a case study for listeners to better understand what goes into policy design. Why client should view premiums as a "deposit" rather than an expense Why it's important for clients to understand the flexibility they have when paying premiums How much are you currently saving Are you expecting any windfalls Is there any cash sitting in savings accounts earning 0% General Rule of Thumb when determining Premium's: 10x's your age per month Case Study: 40 yr old Business Owner concerned with how much cash she had sitting in various checking accounts Case Study: 60 yr old Couple concerned about turning their 401(k) into cash flow Check our on-line course at www.InfiniteWealthCourse.com

Schedule your 15 minute call with Anthony or Cameron here: http://bit.ly/iwc15podcast In this episode we are highlighting pages 41 – 47 of Nelson Nash's book Becoming Your Own Banker. We outline the five methods of having use of a vehicle (Lease/Finance/Cash/CD/IBC) and review the two methods that are actually profitable (CD/IBC). Check our on-line course at www.InfiniteWealthCourse.com Resources: Video walkthrough of the CD vs IBC http://bit.ly/3anUHDO Buy Becoming Your Own Banker by R. Nelson Nash http://bit.ly/BYOBbookIWC Nelson Nash documentary http://bit.ly/NelsonDoc

Schedule your 15 minute call with Anthony or Cameron here: https://calendly.com/infinitewealth/15mincall In this episode we interview Todd Mardis, President of Capital Preservation Services. Capital Preservation Services places a high degree of focus on income tax planning for clients paying in excess of $75k in Federal Income Taxes. Todd is joined by one of his tax attorneys, Walt Dallas as we discuss the topics listed below and many more: What about CPS makes them different than any other accounting firm Do clients need to change their current CPA if they choose to work w you Why most CPA's do not provide tax advice or tax planning? Why are most CPA's conservative? What is the difference between a tax attorney and a CPA? How does a client prove their deductions and what type of inhouse help do you provide? What to do if you get audited? Check our on-line course at www.InfiniteWealthCourse.com Resources: https://cpsllcms.com/

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

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

Schedule your 15 minute call with Anthony or Cameron here: https://calendly.com/infinitewealth/15mincall Check our on-line course at www.InfiniteWealthCourse.com In this episode we discuss (a few) reasons why we do NOT recommend IUL's for use with the Infinite Banking Concept. We do our best to give an overview of some of the pitfalls without getting too far into the numbers and for those of you that have more questions and want additional resources you can go to our website (www.InfiniteWealthConsultants.com/IUL. Here you can watch video's highlighting the math behind IUL's, the differences in IUL illustrations vs WL illustrations, the costs in an IUL Policy as well articles from The Wall Street Journal, Bloomberg and a Warning from the State of New York regarding IUL Policies (and much more). In this episode we discuss the following topics: What are the differences between Universal, Variable and Indexed Universal Life? Mixes stock market with insurance How the risk is shifted from the insurance company to the policy owner Can IUL policies go Bankrupt? Cash Value vs Surrender Value...What's the difference and why is it important? Will an IUL help you achieve your goals? Additional Resources can be found at www.InfiniteWealthConsultants.com/IUL Video: The Math Behind IUL's Video: The Differences in IUL and WL Illustrations Video: The Costs inside of an IUL Policy Link: Warning from State of New York on UL Policies Link: Bloomberg Article by Michael Burry (Christian Bale's Character in the Big Short) Link: Wall Street Journal Article addressing the pitfalls of IUL's And MUCH more!!

Schedule your 15-minute call with Anthony or Cameron here: https://calendly.com/infinitewealth/15mincall Check our on-line course at www.InfiniteWealthCourse.com In this episode we interview Blake Johnson, Managing Member of Trusted Estate Planning Attorneys. He shares his insights on Nevada Law in regards to Business and Estate Planning as well as his reasons for practicing the Infinite Banking Concept. Here are the list of topics covered in this episode: Is estate planning only for wealth people? Ways to avoid probate court Difference between a living will and a trust Two main reasons in determining whether you should have a trust or not? Guardianship over minor children Life Insurance and Trusts – Should my LI policy be owned by my trust? Which is best to have as my beneficiary: A trust or an individual? Estate planning through the ages How does the level of creditor as well as asset protection of cash value life insurance in the state of Nevada compare with other states? Nevada Asset Protection Trust: "untouchable for spousal support and child support Rental Real Estate: Should it be owned in a trust or an LLC? What is a Series, LLC and should real estate investors use one? Downside of using a Series LLC? If I finance a house in my personal name can I move it into an LLC? How his internship at NW Mutual introduced him to the financial industry and how this played into his decision to practice the Infinite Banking Strategy. Resources: Blake's website: https://trustedepa.com/ Blake's Podcast Link: https://trustedepa.com/podcast/ Blake's Book: https://www.amazon.com/You-Cant-Take-Planning-Questions/dp/1544707096 Your cash value is protected in Nevada SB348: https://www.leg.state.nv.us/Session/76th2011/Bills/SB/SB348.pdf List of asset protection by state for Cash Value Life Insurance: https://www.actec.org/assets/1/6/Survey_of_Asset_Protection_Techniques.pdf Tax Free Wealth by Tom Wheelwright, CPA: https://www.amazon.com/Tax-Free-Wealth-Permanently-Lowering-Advisors/dp/1937832058 The Obstacle is the Way: https://www.amazon.com/Obstacle-Way-Timeless-Turning-Triumph/dp/1591846358

Schedule your 15-minute call with Anthony or Cameron here: https://calendly.com/anthonyfaso/15-min-phone-call https://calendly.com/cameronchristiansen/15min Check our online course at www.InfiniteWealthCourse.com In this episode we dive deep into Hard Money Lending: What it is?/How it works, etc...We interview Stephen Sinko with 5th Bridge Funding and discuss the following topics: What is Hard Money Lending? How it is different from other funding options The reasons why somebody would need Hard Money? Opportunities in Hard Money Lending for Investors as well as borrowers What are points? What is typically charged upfront? Hard Money Misconception #1: HM Lenders are Predatory Hard Money Misconception #2: Only Broke People use Hard Money How HM Lenders are protected Due Diligence that should be done when researching HM Lenders Resources: Stephen Sinko Cell: 702-281-2304 Email: [email protected] https://www.5thbridgefunding.com/

Schedule your 15-minute call with Anthony or Cameron here: https://calendly.com/anthonyfaso/15-min-phone-call https://calendly.com/cameronchristiansen/15min Check our on-line course at www.InfiniteWealthCourse.com In this episode, we interview Dennis Martin, President of Individual Life and Financial Services and Steve Cox, Vice President of Product Development of Individual Life and Financial Services at One America. We discuss many of the reasons why One America is one of the companies we recommend to clients. In this episode we discuss the following topics: What are dividends? And how are they calculated? Should we be comparing declared Dividend Rates amongst competitors? How does the insurance company view the PUA Rider? How the new CSO tables will affect policies moving forward? What kind of impact does our current low-interest-rate environment have on mutual companies? If this trend continues what some options insurance companies may exercise? What is the difference between Direct Recognition vs. Non-Direct Recognition? Which one is One America/AUL? Policy Loans Why One America charges loans interest upfront? What is the benefit of this? Benchmarks One America is proud of – Why we use One America and will continue to do so Whole Life vs Universal Life – AUL's Perspective Quotes: "Remember it's a savings account, not a checking account." - DM

Schedule your 15-minute call with Anthony or Cameron here: https://calendly.com/anthonyfaso/15-min-phone-call https://calendly.com/cameronchristiansen/15min Check our on-line course at www.InfiniteWealthCourse.com On this episode we interview Alexander Scott Felice. Alex has built a portfolio of Single Family Residences using the BRRRR Strategy and has recently acquired his first Multi-Family Property. He is an avid reader as well as a respected contributor to Bigger Pockets. He shares his insights on his website https://www.brokeisachoice.com/ Alex covers the following list of topics: How he got started in Residential Real Estate? What is the BRRRR Strategy? What is Delayed Financing? Where he is buying his properties? How's he's built his team from 2,300 miles away? He discusses how much time he actually spends managing his properties How to build your network How "passive" is his portfolio? Best Advice: "Read everyday and start your own website" - ASF Quotes of the interview: "You don't deserve anyone great when you get started" - ASF "Plan to get better….both you AND your team" - ASF Resources: https://www.brokeisachoice.com/ https://www.biggerpockets.com/users/AlexanderScott https://www.biggerpockets.com/blog/diy-is-dead https://www.amazon.com/Antifragile-Things-That-Disorder-Incerto/dp/0812979680 https://www.amazon.com/Big-Debt-Crises-Ray-Dalio-ebook/dp/B07GLBHM48 https://www.amazon.com/Fooled-Randomness-Hidden-Markets-Incerto/dp/0812975219 https://www.amazon.com/Thinking-Fast-Slow-Daniel-Kahneman/dp/0374533555 https://www.amazon.com/Capital-Twenty-First-Century-Thomas-Piketty/dp/0674979850

Join us as we continue going through Nelson Nash's "Becoming Your Own Banker." This episode we discuss The Human Factors: Parkinson's Law-"Work Expands to meet the time allowed" , "a luxury once enjoyed becoming a necessity" & "expenses rise to meet income" Willie Sutton's Law- "Wherever wealth is accumulated some will try to steal it" The Golden Rule- "Those who have the gold make the rules!" The Arrival Syndrome- "already know all there is to know!" Links: Links: Video comparing paying cash vs IBC http://bit.ly/CashVsIBC Schedule your 15-minute call with Anthony or Cameron here: https://calendly.com/anthonyfaso/15-min-phone-call https://calendly.com/cameronchristiansen/15min Check our on-line course at www.InfiniteWealthCourse.com Nelson Nash documentary http://bit.ly/NelsonDoc Buy Becoming Your Own Banker by R. Nelson Nash http://bit.ly/BYOBbookIWC

Listen to Gary's story on how he quick his job and created his own business flipping and renting real estate. Links mentioned in the podcast The Infinite Wealth Facebook Page https://www.facebook.com/fasocpa/ Link to Bigger Pockets Podcast: http://bit.ly/2MgFxqf Link to a previous podcast interview: http://bit.ly/2B8xeGB Schedule your 15-minute call with Anthony or Cameron here: https://calendly.com/anthonyfaso/15-min-phone-call https://calendly.com/cameronchristiansen/15min Check our on-line course at www.InfiniteWealthCourse.com

Schedule your 15-minute call with Anthony or Cameron here: https://calendly.com/anthonyfaso/15-min-phone-call https://calendly.com/cameronchristiansen/15min Check our on-line course at www.InfiniteWealthCourse.com Nelson Nash documentary http://bit.ly/NelsonDoc Buy Becoming Your Own Banker by R. Nelson Nash http://bit.ly/BYOBbookIWC

Schedule your 15-minute call with Anthony or Cameron here: http://bit.ly/iwc15podcast In todays episode we discuss one of the most common questions we get from parents.... "Should I have a policy on my kids?" Anthony and Cameron share their own experiences with owning policies on their children and dive into the pro's/con's of funding a policy vs funding a 529 plan for college (and beyond). We hope you enjoy this discussion and look forward to answer YOUR questions. Should I have a policy on my kids? Owner, Insured, Beneficiary Tax implications of GIVING your child a policy "Educational Savings Plan" vs. 529 Plans Pro's/Cons of Cash Value Life Insurance How to use IBC to teach our kids about money Project Nintendo Switch Check our on-line course at www.InfiniteWealthCourse.com Resources: Eight Perspectives on Prosperity Economics

Schedule your 15-minute call with Anthony or Cameron here: http://bit.ly/iwc15podcast Today we interview Liz Nowlin from Mid-South Home Buyers as we discuss Turn Key Real Estate. She explains what Turn Key Rental Properties are and why they are a great option for investors looking to create passive income. She highlights the process Mid-South goes through from finding a house, fixing it up, finding a tenant and ultimately managing it for their clients. Additional topics include: -Liz Nowlin with Mid South Homebuyers explains what turnkey real estate investments are? -Liz discusses how to shop for turnkey investment properties, regardless of the market your investing in -What to look for in a reputable turnkey provider? She provides 19 due diligence questions that every investor should be familiar with when looking for a reputable turnkey provider. -Liz provides insight on what new investors are typically focused on vs what experienced investors focus on and how they analyze properties. -What types of markets are turnkey properties found? -She discusses the systems they have in place to work with clients all across the U.S. as well as 17 different countries Check our online course at www.InfiniteWealthCourse.com Resources: Liz Nowlin's Bio: https://midsouthhomebuyers.com/meet-our-team For more information, you can email Liz: [email protected] To find out more about Mid South Homebuyers, visit: https://midsouthhomebuyers.com A list of the Due Diligence questions referenced in the show can be found: https://midsouthhomebuyers.com/due-diligence

Schedule your 15-minute call with Anthony or Cameron here: https://calendly.com/anthonyfaso/15-min-phone-call https://calendly.com/cameronchristiansen/15min Check our online course at www.InfiniteWealthCourse.com In this episode we are reviewing pages 19 – 20 of Nelson Nash's Becoming Your Own Banker titled "How to Create a Bank Like the Ones We already Know" Ideas discussed include the following: How Banks work on a community level....where do they get the money they lend? Bank of America Example Regardless of what industry you are in...you also need to be in the banking business To understand the concept of Infinite Banking there are two functions you must spend some time learning: How banks make money Whole Life Insurance Contract: The best place to store cash

Are you worried about getting sued and losing your assets to creditors and predators? Each state has some level of asset protection for the cash value of your life insurance, but what about your investments, your business, and your home? This episode is from a webinar we did with attorney Robert Bolick to discuss how you can protect just about all of your assets. Schedule your 15-minute call with Anthony or Cameron here: https://calendly.com/anthonyfaso/15-min-phone-call https://calendly.com/cameronchristiansen/15min Check our on-line course at www.InfiniteWealthCourse.com

Schedule your 15-minute call with Anthony or Cameron here: https://calendly.com/anthonyfaso/15-min-phone-call https://calendly.com/cameronchristiansen/15min Check our on-line course at www.InfiniteWealthCourse.com Buy Becoming Your Own Banker by R. Nelson Nash http://bit.ly/BYOBbookIWC

Schedule your 15-minute call with Anthony or Cameron here: https://calendly.com/anthonyfaso/15-min-phone-call https://calendly.com/cameronchristiansen/15min Check our on-line course at www.InfiniteWealthCourse.com On today's episode we interview Sarah Brown, with Pinnacle Franchise Development. Sarah has tremendous insight that she's able to share with our listeners as she has owned her own Franchise, worked as a franchise Broker and Consultant and currently she oversees Franchise Development for two national brands. A list of the topics covered in this are as follows: Who buys franchises? What is the biggest misconception of owning a franchise? How passive are franchises? What type of experience is necessary for a franchisee? Spectrum of Franchise's: Retail - Service If someone is interested in franchise ownership, where should they start? Best due diligence practices Retail vs. Service Franchises Serial Franchisors Franchises: Millennials and Gen X How does a recession affect franchise ownership? Resources mentioned: SBA - Business or Franchise? Differences and benefits and downside of each: SBA - which type of business should I buy? SCORE - Volunteer Counselors and classes: SCORE - Find a Local Counselor IFA (International Franchise Association): Largest Trade Organization for Franchising: IFA Website Franchise 500: Entrepreneur.com's List of Franchise Rankings: Entrepreneur.com Franchise 500 Franchise Dictionary - Rankings and good online resource: Franchise Dictionary Gamechanger Franchise Consultants/Brokers - help find the right franchise - FranNet is a Franchise that helps people find the right franchise or determine if franchising is correct for them: FranNet Find your Local Consultant FBR (Franchise Business Review): Rankings and resources: FBR ROBS: https://www.irs.gov/retirement-plans/rollovers-as-business-start-ups-compliance-project

Schedule your 15-minute call with Anthony or Cameron here: https://calendly.com/anthonyfaso/15-min-phone-call https://calendly.com/cameronchristiansen/15min Check our on-line course at www.InfiniteWealthCourse.com Is IBC a Scam? A CPA's Perspective http://bit.ly/isIBCaScam Nelson Nash documentary http://bit.ly/NelsonDoc Buy Becoming Your Own Banker by R. Nelson Nash http://bit.ly/BYOBbookIWC

What this episode is about: In this episode we discuss the Hierarchy of Wealth which is a blueprint for how you should build wealth. We will discuss which account is best for storing your opportunity fund and we discuss what banks say you should do with YOUR money versus what they do with THEIR money. Abraham Maslow was a psychologist in the 40's and 50's and was well known for his Hierarchy of Needs model. This idea states that a lower level must be completely satisfied and fulfilled before moving onto a higher pursuit. We apply Maslow's framework to money in a model that we call The Hierarchy of Wealth. This model is made up the following four tiers: Tier 1: Cash/Cash Values Tier 2: Control Tier 3: Collateral Tier 4: Speculation When people begin saving money where are they told to begin: Tier 1 or Tier 4? Cameron and Anthony discuss why people begin saving in Tier 4 and ask if it makes sense? Mentioned in this episode: https://www.barryjamesdyke.com/the-pirates-of-manhattan https://www.amazon.com/Myth-Revisited-Small-Businesses-About/ How to save 20% on your lease – YouTube Video WL compared to an investment account – YouTube Video Schedule your 15-minute call with Anthony or Cameron here: https://calendly.com/anthonyfaso/15-min-phone-call https://calendly.com/cameronchristiansen/15min Check our on-line course at www.InfiniteWealthCourse.com

Schedule your 15-minute call with Anthony or Cameron here: https://calendly.com/anthonyfaso/15-min-phone-call https://calendly.com/cameronchristiansen/15min Check our on-line course at www.InfiniteWealthCourse.com

Schedule your 15-minute call with Anthony or Cameron here: https://calendly.com/anthonyfaso/15-min-phone-call https://calendly.com/cameronchristiansenlv/15min Check our online educational platform at www.InfiniteWealthCourse.com When Anthony first heard about the Infinite Banking Concept, we went to various typical financial planners that we worked with through his CPA first to see why IBC would not work. One told him that the commissions were "very high." In actuality, the way an IBC policy is designed, the commission is one third the amount of a typical life insurance policy. Another told him that he could "earn a higher rate of return" doing something else. In actuality, IBC is not an EITHER/OR. IBC is an AND asset. When you have an opportunity to make more money, with IBC you can use your policy to invest in other investments. Cameron was concerned about the stability of the life insurance companies and if he was the only person doing this. The companies we use for IBC must meet the following criteria: A mutual company (owned not by stockholders but policyholders) Over 100 years old Paid dividends EVERY one of the 100 years Support the Infinite Banking Concept During the last financial crash, 499 banks went under. Do you know how many mutual insurance companies failed? ZERO IBC has not hit the mainstream however; banks and the wealthy have been using these concepts for over 100 years. We are working on a platform for people that practice IBC to share ideas on how they use their policies and ways to create passive income and build wealth outside of Wall Street. Stay tuned for more details.