How to Build Passive Income With Short-Term Rentals w/Megan McCrea
What This Episode Is About Alongside convenience, platforms like Airbnb have become popular thanks to their options for reviews. We have to make sure we’re offering a service our market wants, and be willing to go the extra mile. Even if we’re not willing to put in the extra work yourself, we should consider hiring…
How to Fail Forward in the Age of Integrity w/Jeff Schechter
What This Episode Is About As business owners and passive investors, it’s important to remember we won’t become successful overnight. What lessons should we be learning along the way? How can transparency improve our business? On this episode, CEO and co-founder of High Return Real Estate, Jeff Schechter shares the mistakes he’s made and the…
Human Problems in “Becoming Your Own Banker” by Nelson Nash— Book Review Part 7
What This Episode Is About A lot of the teaching resources on finance focus solely on technical aspects. What other factors are involved in generating wealth? How can human problems impact our journeys to success? On this episode, we discuss the human problems Nelson Nash identifies in Becoming Your Own Banker. Mentioned In This…
How to Become Recession-Resistant by Investing in Self-Storage Real Estate w/Steven Libman
What This Episode Is About Commercial real estate offers great opportunities for passive investment, but not all real estate is created equal. Which space should we be investing in? How can we identify an appropriate market for our investments? On this episode, Managing Partner at Integrity Holdings Group, Steven Libman, shares his experience with the…
Moving from Active Income to Passive Income with Jack Gibson
What This Episode Is About We all want to build wealth, but sometimes we need to be pointed in the right direction for the process. Where should you start on your journey to build wealth? How can real estate help you accomplish your goals? Should you invest everything into your business once you decide to…
How to Get Started with Turnkey Investments w/Terry Kerr and Liz Nowlin Brody
What This Episode Is About One of the best ways to create a passive income is through real estate. What are turnkey investments, and why might they be a great option for you? How do you maintain a turnkey investment property? What advantages do they offer? On this episode, Terry Kerr and Liz Nowlin Brody…
Passive Income Through Private Lending with Ray Burkhalter
This Episode Is About Taking over the banking function for yourself and your family is a rewarding experience, but it’s not risk-free. What do you need to know about private lending before getting started? How can you avoid making mistakes as you become your own banker? What steps can you take to ensure that…
Creating Your Own Banking System Through Life Insurance in "Becoming Your Own Banker" by Nelson Nash- Book Review Part 6
This Episode Is About We’ve talked a lot about becoming your own banker, but what system or set of principles can get you there? Is it possible to become your own banker immediately? How can you create your own banking system that ensures a great legacy, rather than immediacy? On this episode, we’re explaining…
Creating a Bank in "Becoming Your Own Banker" by Nelson Nash- Book Review Part 5
The Problem in “Becoming Your Own Banker” by Nelson Nash— Book Review Part 4
The Pursuit of Optimal Health with Tom Nikkola
What This Episode Is About By now, most of us are aware of how much misinformation exists on wealth creation. But what about the information we hear about other parts of our life, like our health? How can you cut through the noise and adopt a healthier lifestyle that you can sustain? Which core fundamentals…
Why Should I Pay Interest to Borrow My Own Money? in "Becoming Your Own Banker" by Nelson Nash- Book Review Part 3
No matter what your business specializes in, you should be applying the example Nelson Nash gives of the grocery store. If you understand the grocery store, then learning how to Become Your Own banker is a piece of cake. Is there an easy application? On this episode, we’re unpacking pages 15-16 of Becoming Your Own Banker and why you should be paying interest to borrow your own money. Mentioned In This Episode: Nothing happens overnight. Don’t get caught up in how long it takes to turn a profit Stock your shelves with life insurance policies Treat your finances like a business
Will There Be a Recession Soon? An Economist Discussion on What to Look for and How IBC Is a Great Solution to Weather the Storm w/Dr. Bob Murphy
For years, we’ve seen a steady rise in the markets. While this is favorable in the present moment, we have to consider when we’ll see an inevitable crash. What are some of the indicators that a recession is imminent? Where should you invest in preparation for a possible crash? On this episode, author and economist Dr. Bob Murphy shares his predictions and advice. Mentioned In This Episode: Why you should be wary of a boom period The relevance of the inverted yield curve Where you should be investing ahead of a recession
Dr. Bob Murphy
Throw Out Your Will and Start Over with an Entrusted Plan w/Andrew Howell
Modern estate planning is inherently outdated. How can you find an effective way to plan your estate, that works in our current market and society? How do you assist your family after you graduate from this life- without passing on unharnessed wealth? On this episode, Managing Partner and co-founding attorney at York Howell & Guymon, Andrew Howell is here to share how you can plan your estate efficiently. Mentioned In This Episode: The dangers of unharnessed wealth The importance of having core values as a family Why you need to allow for your children’s individuality
Andrew Howell
How to Build a Strategy to Pass Down Information and Assets to Your Family w/Aaron Chapman
We’re often told that we should make provisions for our families after we die, but most of us start this process too late. When is the ideal time to plan your family’s financial future? How should you go about this process, and what are some important things to know? On this episode, Aaron Chapman returns to the show to discuss how you can pass down wealth to your family for generations to come. Mentioned In This Episode: Why your family should have a plan if something were to happen to you How to get your kids involved in handling some of your affairs now so that they’re prepared The importance of a ‘bloodline trust’, and what it means for your legacy
Aaron Chapman
The Role of Imagination in “Becoming Your Own Banker” by Nelson Nash— Book Review Part 2
Too many people are stuck in the cadence of life and have shut off their imagination, acting as mere robots. When you think of the most successful people you know, how many of them lack imagination? How can you tap back into your imaginative abilities after years of suppressing or ignoring them? If you could only spend the money that was produced by a pool of money you managed how well would you live? On this episode, we’re reflecting on page 14 of Nelson Nash’s Becoming Your Own Banker. Mentioned In This Episode: The importance of utilizing your imagination, and the cost for not having it Why you need to carve out time to think How to break out of the cycle and gain a new perspective with your money
The Disciplines Required for Becoming Your Own Banker by Nelson Nash— Book Review Part 1
Though we’ve received so much inspiration from Nelson Nash, we’ve never given a review of his book, Becoming Your Own Banker— until now! Why is it so important to become your own banker? How can you go about creating your own wealth? On this episode, we discuss Nelson Nash’s legendary book and the powerful concepts it presents. Mentioned In This Episode: Why you must understand how banks work, and remain hands-on with your money The power of cash flow, and how it can allow you to be your own banker Why seeking a coach will help you on your financial journey
The Holy Grail: The Art of Creating a Passive Business w/Justin Harris
A lot of us are excited to generate passive income and build businesses off of that desire. What happens when you actually start your business? How can you give yourself freedom while growing your business? When and how does the income become ‘passive’? On this episode, we’re speaking with business operations guru, Justin Harris. If you’re a business owner, or thinking of becoming one, you don’t want to miss this episode! Mentioned In This Episode: Why you have to clarify what you want out of your business The importance of understanding the problem your business is trying to solve How to build a business that frees you, rather than burdens you
Justin Harris
Creating Income In Retirement Through Reverse Mortgages w/David Karcher
People in their 40s and 50s are sometimes referred to as the ‘sandwich’ generation— caught between supporting their children and their elderly parents. What can you and your parents do today to ensure they are financially sound in their retirement? Are solutions like ‘reverse mortgages’ too good to be true? On this episode, we’re joined by David Karcher, a mortgage banker at FirstBank. David is here to explain what reverse mortgages entail, and how they could benefit your parents and yourself. Mentioned In This Episode: Why you should encourage your parents to consider a reverse mortgage in their retirement Reasons to set up a reverse line of credit What the “due and payable clause” actually means for a homeowner or their heirs
David Karcher
Leaving a Legacy: In Memory of Nelson Nash
Last week, the legendary creator of the Infinite Banking Concept, Nelson Nash, passed away at the age of 88. His life was full of experiences where he focused his time thinking, learning, and teaching. What lessons did we learn from him? What can we do to ensure we live our lives as successfully as he did? On this episode, we share some of our favorite memories of Mr. Nelson Nash.
