All Forum Posts by: Justin Bauer
Justin Bauer has started 31 posts and replied 143 times.
Post: Universal Life Insurance

- Investor
- Cannon Falls, MN
- Posts 149
- Votes 55
Thomas, That is like saying there is only one real esate class you should invest in.
Post: Hello from Minnesota!

- Investor
- Cannon Falls, MN
- Posts 149
- Votes 55
Minnesota has alot of real state groups to join . All of them are free for first time learners.
Hope to see you at some Daniel. I run a virtual meetup group at succsess and money and would love to have sit in.
Daniel N.
Post: Buying a motel at a sheriff's auction

- Investor
- Cannon Falls, MN
- Posts 149
- Votes 55
Can you turn part of it into long term rental apartments?This is more of a business than a real estate investment. find someone that specialises in it.Talk with the city or local government and see if there are any grants or hand outs to take on a project like this.
There are another hundred questions you need to ask yourself.
GOOD LUCK !!
Post: Taxes and Life insurance contracts. Last meeting of the year.

- Investor
- Cannon Falls, MN
- Posts 149
- Votes 55
Post: Taxes and Life insurance contracts. Last meeting of the year.

- Investor
- Cannon Falls, MN
- Posts 149
- Votes 55
The amount we are taxed on in life are getting worse. Income taxes, property taxes, usage taxes, sales taxes, capital gains taxes, and on and on.
One of the few remaining tax havens is income from life insurance policies. This money is tax free if you take out big chunks of cash and/or a stable regular income stream, if done correctly.
Before you Buy a term policy and invest the difference lets have a conversation.
Please preregister to help us get started on time.
Are you planning for next year yet?
Post: Debt Crushing with Whole life insurance !!

- Investor
- Cannon Falls, MN
- Posts 149
- Votes 55
Registration LinkRegistration Link https://us02web.zoom.us/meeting/register/tZIvcO6vqTsuE9dXkGCXJ5_5fUs0q5cSifVp
Post: Debt Crushing with Whole life insurance !!

- Investor
- Cannon Falls, MN
- Posts 149
- Votes 55

The conventional financial wisdom has placed millions of American households in an untenable position. After taking out income tax and payroll deductions, health insurance premiums, and contributions to tax-qualified retirement accounts, the average employee has little left. Thus to buy a car or just keep up with daily living entices him to turn to credit card companies and other outside lenders.
One way of understanding IBC is that it allows you to “own your debt.” Specifically, you build up enough cash value in one or more whole life policies so that you can take out policy loans large enough to knock out what you owe to outside lenders. In this meetup, we will focuse on credit card debt because it is the most obvious, but the principle applies more generally.
Besides looking at the specific numbers (APRs on credit card balances, the volatility of the stock market, etc.) the qualitative benefit of “owning your debt” is the peace of mind it yields. By collapsing your outside debts—which are often collateralized on your assets such as a car or house—and bringing them within one or more whole life policies, you suddenly buy yourself a whole lifetime to plan your financial strategy. You no longer have someone sending you threatening letters, making nagging phone calls, or repossessing your car, if you get laid off or have other financial hardships.
Especially in this awful economy, the psychological benefit of owning your debt should not be underrated.
Post: Renovating motel, install mini splits or through the wall AC/heat

- Investor
- Cannon Falls, MN
- Posts 149
- Votes 55
One of the benefits of a newer ptac is they have a freeze protector built in. Leave the heat off on a mini splite and you could have a splite pipe if you have a property in your region.
Post: Storage building for rent in Letcher South Dakota

- Investor
- Cannon Falls, MN
- Posts 149
- Votes 55
We have a 100 by 40 bldg for rent in Letcher 15 north of Mitchell . We can brake it up but would like to rent the whole thing. About half acre outside storage. 1000.00 for a master lease
Post: Dividends!! Come sit in on our discussion about them.

- Investor
- Cannon Falls, MN
- Posts 149
- Votes 55

Dividends are an important part of a properly designed whole life insurance policy. In this meeting, we will be discussing what dividends are, how they effect your policy and how to determine what is the best option for you to receive your dividends.
You will also hear how these are a non taxed income!
Come listen to me talk about the best finacial tool ever to be developed.