Wealth Strategies

Optimized Savings – Allocate income to improve savings.

Complete the current income form by each category. To identify the best numbers of all your montly costs, review the last two months of your checking account and average the costs for each category.

Debt Elimination – Eliminate debt quickly.

Use our calculator to determine how to get of debt and know when.

Family Bank – Build general wealth for the family.

The best bank in the world is the ‘Family Bank’.
With it, recapture upwards of 25% of your lifetime income you give to creditors.
Lower risks by loaning to a family member versus an entity you don’t know as well.
Right now you probably give money to a bank, which returns little or no interest in return. They hit multiple charges when you don’t conform. Credit card rates are high.
Almost any banking you do now can be done with a family Bank. Every time you borrow money from the account, charge interest. Example: borrow $100, put back $110.
Purpose:
– use the family bank instead of a credit card.
– Use it for anything that has to be financed. It can grow to the point of financing a car or home.
Basic rules, that you can adapt:
– each member deposits money monthly. The amount each member determines.
– any withdrawals are charged interests ( I recommend 10%. See the example above.) Don’t exceed the usery rates for the state you live in.
– agree on the terms and what can be purchased with the loans.
– put it in writing.
– use it like a bank and lend it for investments like P2P, cryptocurrencies, etc
– resources

Infinite Banking – Build generational wealth.

Create your own banking system through dividend paying life insurance. It becomes the resource for savings and personal loans.
How it works: Place the same amount of dollars you would normally put into a house, car, credit cards, etc. in to a dividend pay life insurance policy. In about four years you will have enough loanable cash value to fund your lifestyle. Imagine, taxfree living with no bank or finance company interest charges.
Possible Income: This is a cash value life policy which continues to grow. From 6-figures and beyond.
Cons: At least four years of premium payments to develop enough cash flow to loan yourself.
Resources: we have advisors to help you.

Cryptocurrency – Own cryptocurrency without the rollercoaster ups and downs.

Purchase ‘Stablecoins”. This is an alterate universe for building savings. There are 9 stablecoins. The primary two are: (USDC & GUSD). On the low end they offer 6 – 8.6% interest with no mininmum or maximums. And no holding periods. On the high end, earn 9 to 20%, based on the holding period. That is it! Every dollar of Stablecoin you purchase is purchased by a United States dollar.
Use it to purchase any other cryptocurrencies. Purchases can be made with BlockFi or Coinbase or dozens of other exchanges.
Minimums: None
Pros: can be used like a savings account in bank, but earning much more interest. Adds diversity. Deposits can be loaned against. Takes away the high volativity of bitcoins.
Cons: Can be hacked on unreliable lending platforms. Centralized lending platforms can go bankrupt. If the underlying asset loses value, so does Stablecoin. If the US dollar crashes, so does Stablecoin. Can’t transfer funds to Zelle, PayPal, CashApp, etc.

Peer to Peer Lending – Invest in ‘regular’ people and earn.

Investing in each other (P2P) lending.
Investments as low as $25.
Whatever company you choose, beware of default rates and transaction fees.
There are other companies. The two listed here have been around for a long time. You must do your homework.
These site offer different types of loans for consumers and businesses.

Stock Dividends – Invest in companies which offer dividends for added income.

Add monthly, quarterly or annual cash flow by owning stocks that offer dividends. There tax advantages if held long enough.

Mobile Homes – Don’t just consider fixed homes. Mobile homes offer a lower threshold for a real estate investment.

Mobile homes offer a lower threshold for ownership and renting housing. Therefore lower down paymenta and cost to own.

Sell a Product – Start a passive income business.

Starting, owning and selling business has been one of the best and quickest ways to achieve wealth. Use up-sells to increase business cashflow.

Affiliate Marketing – Earn commissions by selling other company products.

Affiliate Marketing offers the opportunity to go from employee to entreprenuer. Earn commissions by selling other people products. Commissions can range from 5% to 75%.

E-business – Have the talent? Earn income in one of these businesses.

Starting or having a business has always been one if not the fastest ways to wealth.

Buy a Existing Business – Buy an existing business.

Sell Ebooks – Have a story to tell? Tell your story and sell it as a Ebook.

Ebooks can cover journals, calendars, cookbooks and fiction/ nonfiction stories. A $5 book with monthly sales can bring signicant monthly income.

Airbnb/ Rentals – Capture cashflow with your property or rentals.

Mortgage Shares – Own real estate with mortgage shares.

Owning and purchasing real estate is one of the most lucrative investments one can make. 80% of all millionaires have a stakes in real estate. Here is an easy way to invest without worrying about the plumbing. Bridge loans. People and businesses go through transitions. Fix up a kitchen or bathroom. Transition from an existing home to a new one. People need a way to bridge the financial gaps to finance the new. Bridge loans accomplish this.
Own a share of real estate . This can be a mortgage on commercial or personal property. This can be had for as little as $25. Offering rates of 5 1/2% and upwards of 26%, makes it a much better rate than banks and less volatile than the stock market.

Buy Flips – Purchase it, repair it and sell it.

Flipping is the practice of buying real estate, rehabilitating it, and then selling it for profit. Be careful. If you do enough of these, you might be considered a “Dealer” and therefore subject to ordinary income tax law.

Hard Money Lending – Partner in real estate purchases using levearge and lower your risk.

This is the traditional way of owning real estate. Whether it is for a personal or investment property, the purchase and risk can be lowered by partnering on the deal. Typically at a chosen point in the future, the partnership is dissolved and the equity disbersed.

Multifamily – Earn with multifamily real estate.

Make money with multi-family syndicates. This is not the traditional purchase of a 2 or three family home. Own income-producing real estate with all the benefits.
As a share, equity owner, you collect your passive, monthly checks. And when the property sells, 3, 5 or 7 years later, potentially substantial.
This sector is inherently risky. As a general rule, find deal which average 20% per year during the hold period. This allows you to double your money every 5 years.ng 20% a year over the hold period.
Three important factors:
• Internal Rate of Return (IRR)
• Equity Multiple
• Cash-on-Cash. .

The Best Real Estate Crowdfunding Sites of 2022
Best Overall: CrowdStreet
Best REIT Option: DiversyFund
Best for Institutional Commercial Real Estate: EquityMultiple
Best for Beginners: Fundrise
Best for Investing in Loans: PeerStreet
Best Property Research: RealtyMogul
Alternate locations to find syndicates: MeetUp, BiggerPockets, EventBrite

Minimum Investment range: $10 – $100,000

Section 121 Investing – Earn money on intervals from your own personal property.

Would you like to become a real estate mogul in ten years? Own multiple properties, worth millions of, with thousands of dollars in monthly cash flow? And bye the way, never buy a rental property.
Buy your personal residence. Live there for two years, then convert it into a rental for three years. Then sell it and pay zero taxes on the five years of capital gains that accrued while you owned it. And there is no requirement to reinvest the money. Your only cost will be the Depreciation Recapture for the three years that it was rental property, and you’re probably just giving back money you have already saved by claiming the Depreciation Allowance on your personal tax return. Or you can keep the property and add it to your real estate portfolio. All this is possible using the Internal Revenue Code: Section 121.
Remember, there are no taxes on your profits. To qualify for using Section 121, a taxpayer must own the property and live in the property for at least two years out of the five years prior to the sale. A single taxpayer can exclude $250,000 of Capital Gains from such a sale. Follow this formula of personal residence for two years and rental for three, and beginning in the fifth year, you will have three properties.
Possible Advantages: annul appreciation on all properties, monthly cash flow from each rental property, no taxes and never have to buy rental property.