The Better Alternative to Your Retirement Account

By Gabby Darroch

Today I want to spend a little time clarifying exactly what makes the Infinite Banking Concept different. Different from any other banking system, financial institution, or retirement you’ve ever seen or heard of before. This will help you understand why The Money Multiplier is the best system for your money.

There are 3 major differences, and they are as follows:

  • You don’t have to lock up your cash;
  • You don’t have to turn over control of your cash to someone else; and
  • There are guarantees from day 1.

So let’s explore those a little further.

#1 – You don’t have to lock up your cash.

safe-3703193_1280If you’re contributing to a 401k, IRA, or any other retirement account, you might as well forget about your money. In fact, you probably already have because you can’t touch it and you can’t use it when you need it. Out of sight, out of mind.

Qualified plans require you to lock your money away until some far away future date, when you’re allowed to use it. You can’t get to your money without major penalties until you’re 59.5 years old. And the worst part is that you have no idea if your money is growing or tanking, until it’s too late.

You’re also giving up the opportunity to use your money today. You’re hoping your dollars will be there later. But when you’re finally able to use them, they’re actually weaker than when you locked them up because taxes go up, not down. And even if taxes do go down, we end up getting taxed on more things.

(Read this article to learn how quickly after you pay your premiums you can use the cash account in your policy.)

#2 – You don’t have to turn over control of your cash to someone else.

Don’t you associate more return with more risk? How much more risk are you willing to take on these days? Probably none, right? Especially with the money you’re intending to live off of after retirement. So, while there are people who say they have the time and expertise to manage your money for you, you won’t know if they are doing a good job. That’s a pretty big risk, don’t you agree? Like I said before, the only way you’ll know if your money is being mishandled is when it’s far too late to do anything about it.

But if you believe that with the right information you could make good decisions with your money, then you wouldn’t have to feel the need to give it away to someone else.

#3 – There are guarantees from day 1.

moneymultiplyNo other financial guru or financial product contains guarantees like this. The only thing they do guarantee is that they can’t go below zero. But inside your policy contract with The Money Multiplier there is guaranteed growth of 4%. And this growth isn’t tied to the markets whatsoever. So even if Wall Street sinks to an all time low, your policy will continue to grow at a rate of at least 4%.

The decision is clear

This is just a little taste of the power and control you have when you have a policy contract with The Money Multiplier. Your money isn’t locked up for years. You don’t have to hand over control of your money. And growth is guaranteed on your policy from day 1. Two things come to mind when I hear this: freedom and peace of mind.

Get started by visiting www.TheMoneyMultiplier.com . Scroll to the very bottom and click on “Member Area.” Enter the password “bankwithbrent” and watch the presentation that appears on the next page.

When you’re ready to begin building a retirement account you don’t have to wait until retirement age to use, email us at [email protected] . Or give us a call at 386-456-9335,and one of our mentors will be in touch with you.

What Should Assisted Living Look and Feel Like?

By Gene Guarino

What should a Residential Assisted Living home look and feel like?

beautiful-home-1680789_1280When we talk about the look and the feel, it’s a home so it should obviously look like a home. Sometimes people try to take a commercial building and convert it into residential assisted living and it just doesn’t work as well. Mom grew up in a home. It’s got to feel like a home. Part of that is looking like a home. Usually there’s a roof of some kind. There’s a door, there are windows, it looks like a house. There might be landscaping on the outside. It should have driveways where people can pull up and easy to walk on walkways so somebody can get from the car to the front door. When you walk inside, is there a step up? You put a ramp in at that front door so if they have a walker or a wheelchair or just to avoid any trip hazard at all. When you walk in, it’s open, big. That is what a typical RAL home will look and feel like.

What should it smell like?

apple-pie-3723444_1280It should smell like a home. Some people’s homes don’t smell that great, but for a care home, it’s critically important that we make sure that it smells great all the time. We have special air purifying systems inside the home to make sure the air is circulating all the time. The only extra smell I want there is the smell of home cooked food, something that smells good when you walk in.

What should the inside look like?

The colors might be lighter, neutral colors. There should be shades, or curtains on the window to give it a homey feel. The front room has nicer furniture, maybe moldings around the room, so it’s a more upscale look. There’s artwork on the wall, so when you walk in, you feel good.

We want the person in the family that makes decisions to walk through the front door to look and say, “wow, this feels great, I could live here.” Because if she’s thinking that, she’s also thinking, “my mom would be comfortable here and I would be proud to have my mom here.” When they walk through the front door, it’s got to be clean, and smelling good because frankly, if you’re not taking care of the walls and the doors and the floors, they’re expecting you not to be taking care of their mom and dad.

What other little touches should you have?

turntable-1328823_1280As you walk around the home it should be convenient and make sense. The floors are smooth, easy to clean. When you walk into a bathroom there are grab bars by the toilets and the showers, so it’s safe for mom. You’ll want some artwork hanging on the wall, the license for the home, the manager, the code of ethics, and the numbers for them to call in an emergency. They should be hearing either music or maybe even books on tape, music from their generation. Music is such a powerful thing that really just jogs the memory. It brings them right back and all of a sudden their body takes on a remembrance of where they were and what they could do. So it is a home, not home like. It’s an assisted living in a home setting. If you put all of that together, you’ll have a winning combination for a very successful Residential Assisted Living home.

Be sure to subscribe to our iTunes podcast to listen on the go! [CLICK HERE]

gene

Gene Guarino
Founder/CEO
Residential Assisted Living Academy™

Gene is the President, CEO & Founder of RALAcademy.com. Gene has over 30 years experience in real estate investing and business. Today, Gene is focused on just one thing… investing in the mega-trend of senior assisted housing. He has trained thousands of investors/entrepreneurs throughout the United States how to invest in and operate residential assisted living homes. For over 25 years he has been educating people on the strategies of successful investing, business and self-employment. He now specializes in helping others take advantage of this mega-trend opportunity.

Why now is the time to start a policy

By Gabby Darroch

It really burns my biscuits when I hear people say, “I don’t want to start a policy yet because of the Coronavirus. I am not sure where the economy is going to go.”

corona-5081311_1280And the reason why this gets me so heated is no secret. Let’s be honest. Many people are making decisions out of fear right now. And fear-based decision-making is just about the worst thing you can do in an already difficult situation.

But this difficult situation is more reason than ever to start a policy because you’re right, you don’t know where the economy is going to go. On the contrary, did you know where the economy was going to go before? No, and you will never be able to predict this.

Things happen. We have windfalls and downfalls. Raises and demotions. We buy things and we also sell things. There are pandemics; We are healthy. Terrorists attack; Our country is safe and secure. We have Republican Presidents; We have Democratic Presidents.

My point is, you never EVER know what is going to happen. You can’t predict the future. So why do you want someone else controlling your own financial life?

Now more than ever, this is why you want to start a policy.

This is why you want to take control of your financial wealth. Because you don’t know what’s going to happen.

mailbox-2607174_1280Do you really want to be sitting by your mailbox waiting for:

  • your stimulus check to arrive;
  • the government to take care of you;
  • your pension to kick in;
  • social security to supply you with income; or
  • your 401(k)/IRA/qualified plan/mutual fund to save you?

Is that working for you?

How many people do you know that are out there at retirement age that are working when they should be enjoying their life? Are they working because they really want to be working? Because they just want something to do? Or are they doing it because they have to do it for survival because their qualified plan, their 401k, their IRA, their pension won’t save them? And the government didn’t take care of them like they thought they were going to.

It’s time to wake up.

businessman-4279253_1280It is time to take control of your own financial life. Quit making excuses. You are the one that can take control. And what better way to do it than to put your money in an environment where you have guaranteed tax free growth, where you pay the tax ONE time on your money at the lowest possible rate and now you have it into a vehicle, into a machine, into an environment, where you have guaranteed growth, and the government is completely out of your hair.

And not only is it going to create wealth for you while you’re living, but it’s also going to create multi-generational wealth for your spouse, your children, your grandchildren, and future generations to come.

Come on ladies and gentlemen. Get on board. Now is the best time to start your banking policy!

Why do you think we’re so busy here at The Money Multiplier? It’s because people are sick and tired of all that’s going on with their money. They are tired of the bloodbath in the stock market. And they don’t know what’s going to happen with Real Estate.

Next time you think, “Oh no! Are we at the peak or are we in another recession or depression? What’s going to happen?” stop yourself and remember, you have a policy, so your money, your financial future, is safe. That is, if you take action now. Eliminate all those worries in your life by taking control of your own financial wealth.

If not you, then who?

businessman-4914044_1280If you’re not going to take care of yourself then who will? YOU need to make the decision right now.

The wealth train is moving down the track. And it’s going to stop at your station. Are you going to let it pass you by? Are you going to watch it head on down the track? Or are you going to hop on board and take the wealth train to the promised land where YOU own and control your financial life and future.

To learn more or get started, please visit www.TheMoneyMultiplier.com . Scroll to the very bottom and click on “Member Area.” Then, watch the presentation that appears on the next page.

When you’re ready to get started on creating your financial legacy or if you have more questions, please email us at [email protected], or give us a call at 386-456-9335, and one of our mentors will be in touch with you.

Why Become a Residential Assisted Living Expert?

By Gene Guarino

What will you be an expert at?

You’re going to become an expert at something. The question is what? There’s the saying that it takes 10,000 hours to become an expert. Now when you think about that, at 40 hours a week and 50 weeks in a year, that’s 2000 hours in a year, so if you devote five years of full-time effort to anything, you’ll be an expert. That job that you have that you could be an expert at, whether it be Infusionsoft, marketing online, selling a product, starting a store, or being a chef, the question is what and why. Why do you do what you do? What is it really all about for you?

It’s your choice.

choice-2692575_1280

So, what is it that you’re becoming an expert at? 2000 hours a year is 10,000 hours in five years of your life. You should decide what you’re going to devote yourself to. You could be more efficient and cut that time in half and make it 5,000 hours and get it done in one year by going to somebody else who knows what they’re doing and is willing to show you how so that you can become an expert very quickly. Because it’s not knowing something. It’s doing something with what you know.

Learn from the example set by experts.

Richard Branson has 300 plus companies, but not one office. You see what he focuses on is finding people that have invested their time and have the expertise. He hires them and becomes partners with them. He puts them in a position, gives them the tools and the ability to thrive in that environment. He brings people on and teams with them. He hires them to be the expert so that they tell him what to do.

Always be an expert in communication.

contact-us-2993000_1280

Communication is one of the things that you need to become an expert in. Maybe you are a really good team player and don’t need to be the front man. As long as the leader is heading in the right direction and you believe where you are going, then stay on that bus.

What are you willing to do today?

Think about how many books or articles on the subject have you read. How many webinars you have watched. Who is it that you’re hanging out with that may be able to help you? Where are you getting your input from? What is it you’re doing today will allow you to be an expert in your field, in your desire or your passion? And then we’re back to the why. What does that mean? What is the reason? What’s the passion? I guarantee you’re going to become an expert at something. The question is, is it productive, Is it profitable, Is it something you have a passion for? Is it with the right people? Why do you do what you do? Just decide what it is you’re going to become an expert in before you move forward.

Be sure to subscribe to our iTunes podcast to listen on the go! [CLICK HERE]

gene

Gene Guarino
Founder/CEO
Residential Assisted Living Academy™

Gene is the President, CEO & Founder of RALAcademy.com. Gene has over 30 years experience in real estate investing and business. Today, Gene is focused on just one thing… investing in the mega-trend of senior assisted housing. He has trained thousands of investors/entrepreneurs throughout the United States how to invest in and operate residential assisted living homes. For over 25 years he has been educating people on the strategies of successful investing, business and self-employment. He now specializes in helping others take advantage of this mega-trend opportunity.

 

Prepare for the Coming Greed Pandemic

Protecting Your Assets Is MORE Relevant Post-COVID-19

By Randy Hughes

If you wondered about your need for privacy and asset protection before the Pandemic, it will be critical for you and real estate investors like you post-Pandemic.

gdpr-4095257_1280The effects of the epidemic will be felt for years, not only financially but legally. If you have put off creating an asset protection plan, now would be a great time to start.

We have long known, as real estate investors, we are more inclined to be sued than most other occupations. Why? Because the average American assumes that ALL real estate investors are RICH! Therefore, we are good targets for frivolous lawsuits.

People with cash in the bank and no hard assets are not good targets for lawsuits because, unlike real estate, cash can disappear quickly . . . and buildings cannot. Furthermore, unlike deeds and liens, bank account balances are not available through public records.

Until you have been pursued by a contingency fee lawyer (and his or her deadbeat client), you might not feel the need to protect your assets. But, if you are going to stay in this game long-term, it is just a matter of time before the wolves will be at your door.

moon-4908100_1280The paradox of our careers is the more successful we become, the more of a “target” we are for the nefarious characters in our society. These characters do not want to work hard (like us) to become wealthy. They prefer the “easy route” via our dubious legal system.

I spoke 33 times last year to real estate investment groups around the nation. I stressed the need to get titles to real estate out of personal names and into Land Trusts for privacy, asset protection, and estate planning purposes.

In almost every gathering, someone asked the question, “Why do I need to protect my assets, won’t insurance take care of any claims?” My standard response was, “I believe in insurance and think you should buy all you can stand, but DO NOT RELY ON IT EXCLUSIVELY!

Insurance should be only one-leg of your asset protection stool. Why? Let me give you a recent example!

When the pandemic first arrived in America and almost every business was shut down, I called my neighborly insurance agent. Here is how our conversation went: “Hi Bob, I am calling because after 40+ years of paying you a premium for “business interruption” insurance, I need to make a claim.” Bob responded, “Sorry, but pandemics are excluded!” My response was, “Really? Forty years of premiums and now I AM NOT COVERED?

It is folly to rely solely on insurance to protect you when you need it the most.

As an aside, please read your policies. You will find LOTS of exclusions and often you are not even covered for “defense costs.” In other words, you can go broke just defending yourself (read: legal fees) from a legal challenge in which you are totally innocent.

lawyer-3268430_1280What is a real estate investor’s first line of defense? DO NOT OWN PROPERTY IN YOUR NAME! I have been preaching this to my fellow real estate investors for more than 40 years. I have been a full-time real estate investor for 50 years, and early in my career I discovered the benefits of using a Trust to hold title to my investments. I have written about the benefits extensively in this publication and many others.

Some people “get it” and many do not. They live in a dream world assuming that THEY will somehow be spared the sorrow and expense of a frivolous lawsuit (or worse yet, an attack by an irate tenant on them or their family at their personal residence). Consequently, they risk years of hard work and their family’s safety and financial security because they are too lazy to fill out a few papers.

I can lead a horse to water, but . . .

What is YOUR net worth, worth? Is it worthy of protection? How much of a price have you paid for it in sweat and tears? Are your family’s safety and security important to you? Perhaps you spend hours each week watching sports? Would it make sense to spend a little bit of your valuable time learning how to create a trust to hold title to your investments? The answer is obvious, you just need to do it and DO IT NOW!

output-5045168_1280What does this rant have to do with the pandemic? Plenty. Contingency lawyers and their deadbeat clients will be developing new and creative ways to find someone to sue because of the virus and its effects on tenants, businesses, and anyone with assets they covet.

If you can believe there are elements of our society that will walk in front of a car to eventually receive a “paycheck,” then you can also believe that it is time for YOU to get OFF the title of all of your real estate investments (and NEVER buy property in your name again!). Use a trust, you will be glad you did!

Several times a year I hear from people who have heard me speak or students who did not act on what they learned from me. They tell me they failed to take my recommendation, and now they regret it.

Don’t be one of those people.

Randy_chair_500px

Randy Hughes, Mr. Land Trust

I encourage you to learn more by going to my FREE online training at www.landtrustwebinar.com/411 and text “reasons” to 206-203-2005 for my free booklet, Reasons to Use a Land Trust. You can also reach me the old-fashioned way by calling me at 217-355-1281. (I actually answer my own phone unlike most other businesses in America today!)