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Ok so I grasp how whole life works.
But in order to use it correctly should I have a lump some ready to put in on first payment.
Example 50k policy 4% return 2k first payment required monthly after that is $35
So...
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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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Which does NOT describe a real property interest for a limited period of time?
A-defeasible fee estate
B-leasehold estate
C-life estate
D-life estate pur autre vie
I answered A, because the time is not limited as...
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Cable company, used car sales people, Landlords - all necessary evils in the eyes of some. Other times you find a tenant that isn't in the position to buy a place and understands the value a landlord is bringing to t...
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Hi BP community,Would you advise I own a primary resident before I get into real estate investing? I would eventually like to get into the LTR space and build a strong real estate portfolio. My family and I are curren...
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I pulled the equity out of my primary (70k) to use as down payment for my 2nd rental property, my finance guy wants me to get a HELOC to have available just in case, I have since had to change jobs so have to wait til...
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Perhaps there is a tipping point on the road to FIRE where the risk of not paying Term Life Insurance Policies anymore and the reward of using that money to further fund your portfolios would be more beneficial... I u...
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Hey guys! Hope all is well in your world!!! I have been listening to the BP podcast for years but have never really been on the site. So here we are seeing what all the buzz is about! I have already made some good lik...
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Hello everyone and thank you for taking the time to read my post! My name is Toni and I am new to the real estate world. What brought me here? Well actually, I was a nursing student close to graduation when I had my b...
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Hi all, I inquired about whole life insurance as another means of investment. I'm curious if anyone here can share their personal story about successes or failures with whole life insurance?Thank you