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I know several BPers use some form of permanent life insurance to help their investing. I'm just looking into it and getting a lot of negative feedback from non-investors.My brother has said things along the lines of...
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My parents bought this for me many years ago. I'm in the process of transferring ownership to me. The cash value currently is around 24K. The death benefit is only 100,000. I know I can borrow against the cash value, ...
Be gentil, Im young 24, and am still learning....I have a FarmBureau Life Insurance Policy setup for me in 1990 that earns 4.5% for any funds deposited. I will pay $67 per month for the policy once I take it over from...
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My wife and I are currently starting out real estate journey. 1.5 years ago we bought a dental practice, and last year we purchased our dental office building priced at around $2M with $500k in equity. We currently ma...
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Even with using the lowest cost IRA provider out there the fee for 4 separate accounts is over $600 annually assuming my wife & I open a Roth & traditional each. If I put this in one of my best investments th...
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I'm an active REI at Gavin Royce Homes and I personally use this strategy. It has been a game-changer for acquiring more deals as well. Would you like to take advantage of an opportunity that creates Generational Weal...
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I recently heard Brent Kesler do a seminar on the money multiplier method. It sounds good but wanted to see if any has ever used this idea of wealth building through a whole life insurance policy. Any feed back on Bre...
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Good morning,So far this year, I have contributed $12k to my 401k. I'd like to contribute up to the max $19,500. I'm able to change my contribution percentage up to 75%. My pretax pay is $3912 per 2 weeks or $7825 p...
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Hello,Where would you guys invest $500 a month into? I was thinking of getting me a whole life insurance policy that builds cash value, but then i was thinking if i should put that money into a ROTH IRA?I would love s...
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Hi Bigger Pockets Community! Merry Christmas and Happy New Year to you and your family.
So, I am going down the rabbit hole of researching moving my 401k and my wife's 403b from a former employer to a Solo 401k and...