cash management strategies for real estate investors
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To watch a video of this presentation, visit http://www.hasslefreecashflowinvesting.com/video/cash-management-strategies-for-real-estate-investors/ Cash Management Strategies for Real Estate Investors with real estate investing strategist David Campbell and financial strategist Patrick Donohoe. As an investor, I want my money deployed working hard to generate passive income. However, there are times to buy, times to sell, and times to sit on the sideline while you are evaluating your next acquisition. After I’ve acquired an asset it is essential to have access to liquid funds to manage fluctuations in my cashflow. If cashflow is King then liquidity would be Queen. Whether I’m talking about cash reserves or sitting on the sideline waiting to close my next deal, I want my cash to earn more than the measly interest banks are paying. If there was a place to safely store your cash while earning interest rates 4-6 times what banks are paying, would you want to know about it? If there was a way to borrow money at 5% and invest it for virtually guaranteed returns of 6%, would you want to know about it? Did I mention that you don’t need a credit score or a job to qualify for the loan? What if that cash management strategy also came with the benefits of asset protection, privacy, and tax shelter? You’ve probably heard about the Infinite Banking Concept which is a cash management strategy utilizing cash value life insurance. Until I did my homework I didn’t realize how powerful this financial strategy can be. It is also much easier to use than you might imagine. In a 60 minute free webinar with professional real estate investor David Campbell and Patrick Donohoe owner of Paradigm Life, you’ll learn: * How to safely generate above market interest rates on your cash reserves * How to implement simple tax strategies to save thousands on your income taxes * A magic trick to safely invest your cash in three places AT THE SAME TIME! * How to protect your cash reserves from creditors Plus you’ll learn the basics of cash value life insurance and how savvy real estate investors use the infinite banking concept to increase their profits, lower their risk, and save on taxes. Although this is a creative investing strategy that can seem confusing at first, we will do our best to make the information simple, relevant, and easy to use. To watch a video of this presentation, visit http://www.hasslefreecashflowinvesting.com/video/cash-management-strategies-for-real-estate-investors/TRANSCRIPT
www.HasslefreeCashflowInvesting.com
Cash Management StrategiesFor Real Estate Investors
David Campbell Hassle-Free Cashflow Investing
Patrick DonohoeLife Insurance [email protected]
www.ParadigmLife.net
David Campbell - FounderHassle-Free Cashflow Investing
Former high school band director Self-made multi-millionaire
Real Estate investor / developer / brokerFinancial educator / author / speaker
Houses, condo-conversion, multi-family, winery, resort, office, retail, medical office, production home building
Faculty Member: Investor Summit at Sea with Robert & Kim Kiyosaki
www.HasslefreeCashflowInvesting.com
Paradigm Life makes no representation as to the actual tax status of the PUA rider, insurance, and any benefits received or any premiums paid. Neither Paradigm Life nor its representatives give legal or tax advice or interpretation. Please contact your legal or tax advisor for such advice. As a result of the important nature of financial decisions, you are urged to visit www.paradigmlife.net to review a full list of disclosures pertaining to our products and services.
Patrick DonohoeOwner - Paradigm Life Infinite Banking / Annuities Host of Infinite Banking Radio and Podcastwww.ParadigmLife.net
DisclaimerThis is not legal, tax or investment advice.
This is education only with no guarantee of accuracy.
No agency or fiduciary relationship created as a result of this presentation.
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Paradigm Life makes no representation as to the actual tax status of the PUA rider, insurance, and any benefits received or any premiums paid. Neither Paradigm Life nor its representatives give legal or tax advice or interpretation. Please contact your legal
or tax advisor for such advice. As a result of the important nature of financial decisions, you are urged to visit www.paradigmlife.net to review a full list of disclosures pertaining to our products and services.
www.HasslefreeCashflowInvesting.com www.ParadigmLife.net
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Investor Summit At Sea FacultyRobert & Kim Kiyosaki
Rich Dad Advisors Ken McElroy, Garret Sutton, Tom Wheelright
the “Real Estate Guys”Patrick Donohoe & David Campbell
Open My Mind To A New
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Using cash value life insurance as a system for cash management.
The Infinite Banking Concept
Become Your Own Bank
Paradigm Life makes no representation as to the actual tax status of the PUA rider, insurance, and any benefits received or any premiums paid. Neither Paradigm Life nor its representatives give legal or tax advice or interpretation. Please contact your legal or tax advisor for such advice. As a result of the important nature of financial decisions, you are urged to visit www.paradigmlife.net to review a full list of disclosures pertaining to our products and services.
What is cash value life insurance?
•Policy owners pays premiums to life company•Life company invests the premiums for profits•Profits are shared with whole life policy owners•Like a “credit union”
•Legalized / statistical “pyramid scheme”•Uses premiums for operations•Uses new & existing premiums to pay death benefits•Most people stop paying before they collect•Insurance on insurance *derivatives*
Why cash value life insurance?Storing Liquid Capital
Cash Reserves that generate high rates of interest while being liquidLiquidity while waiting for opportunities OR preparing for contingent liabilities
Tax AdvantagesGrowth is tax freeInterest might be tax deductibleDeath benefit passes income tax free (potential to be estate tax free)
ArbitrageEarnings are higher than cost of policy loan
Death BenefitProfitable because most people don’t pay till they die
Asset ProtectionActs like a trust prior to lawsuit (state specific)Grantor / Beneficiary / Trustee
PrivacyNot on tax returnNeed a court order to view values
Teaching vehicle for younger generationActs as a credit line for my children
Shelter net worth for financial aid benefitsCash value NOT counted as part of net worth 9
STEP 1: Buy policy
STEP 2: Policy creates cash value
STEP 3: Borrow against cash value•Invest •Repay loan•REPEAT
STEP 4: Die
HOW do I use cash value life insurance?
Having your money in THREE places at the same time
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The MAGIC trick...
Having your money in THREE places at the same time
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Insurance Cash Value Growth
Policy Loan Investment or Personal Purchase
Death BenefitFinancing Transfer of Wealth for HeirsSpend your assets late in life
The MAGIC trick...
Q&A
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www.HasslefreeCashflowInvesting.com www.ParadigmLife.net
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www.HasslefreeCashflowInvesting.com
How do I learn more?FREE REPORTS
David Campbell Hassle-Free Cashflow Investing
Patrick DonohoeLife Insurance [email protected]
www.ParadigmLife.net