The Wealth Without Wall Street Podcast

Are you utilizing IBC to build passive income? If so, should you be concerned about the internal memo issued by an insurance company to their salesforce condemning certain life insurance sales practices, which includes associating its products with Infinite Banking? Are Insurance Companies Anti-IBC?Certain articles and reactions mention that the insurance company will supposedly reject life insurance applications if the policy for which the proposed owner applies is “based on such a concept or strategy” as the Infinite Banking Concept. So do we know why they are shutting down IBC?Tune in and hear Russ, Joey, and the Financial Freedom Coaches discuss the following:What exactly are life insurance companies against?What are life insurance policies designed to do?What are life insurance policies designed NOT to do?Are we concerned about this memo?And more!Disclaimer: The opinions expressed on this podcast are solely those of the hosts and guests and do not constitute financial advice. Always consult a licensed professional for financial decisions.This episode is sponsored by a podcast show partner. We may receive compensation if you use links or services mentioned in this episode.The hosts may have a financial interest in the programs or services mentioned in this episode.Turn Active Income Into Passive Income:https://www.wealthwithoutwallstreet.com/PIOSFind Out How Close You Are to Financial Freedom: https://go.wealthwithoutwallstreet.com/quizIf you want better control of your future, join the Wealth Without Wall Street Community: https://www.wealthwithoutwallstreet.com/communityTake advantage of a Free Financial Strategy Call: https://www.wealthwithoutwallstreet.com/freecallDiscover Your Path to Financial Freedom: https://www.wealthwithoutwallstreet.com/pathJoin the Passive Income MasterMind: https://www.wealthwithoutwallstreet.com/club200---Want to go even deeper into the conversation? Join our IBC Inner Circle Group membership and gain access to our live podcast recordings, interactive Hot Seat guests on the topics, and exclusive Q&A sessions with other members and our coaches. Join here: https://wwws.link/inner-circle-sign-up

If you had to choose between a lucrative, high-profile job and spending time with your family, which would you choose? While many would want to be with their family, the pressure of earning money often gets in the way. But what if you've built enough nest egg? Where would you invest the money to build a passive income stream?Does the thought of lending your money for a fair rate of return appeal to you? If you're interested in trying it out, join Russ and Joey today as they chat with Liam Leonard, founder and CEO of LIONSCOVE. Before LIONSCOVE, Liam held executive positions at T-Mobile across various functions, which gave him excellent leadership training that proved useful when he decided to build a business. Top 3 Things You’ll Learn:Why private lending is an excellent path to creating passive incomeHow do you know if a deal is good?How to protect your interest as a lenderAbout Our Guest:Liam Leonard is the leader and visionary for LIONSCOVE. He established LIONSCOVE because he wanted to have a greater impact in his community and free himself from the mental model that organizations make choices for you. He wanted to create something that didn’t necessitate being on the road all the time or tied to his phone. Family comes first, and that’s precisely the culture Liam has established at LIONSCOVE.Liam has been involved in real estate lending for 5+ years and is responsible for originating hundreds of loans personally during that time. He is also an active real estate investor with a portfolio of projects spanning ground-up development projects, turnkey rentals, adult family homes, short-term rentals, and even international rentals. Before LIONSCOVE, Liam held executive positions at T-Mobile across various functions, which prepared him to have firsthand knowledge of key corporate functions to lead LIONSCOVE effectively.Disclaimer: The opinions expressed on this podcast are solely those of the hosts and guests and do not constitute financial advice. Always consult a licensed professional for financial decisions.This episode is sponsored by a podcast show partner. We may receive compensation if you use links or services mentioned in this episode.The hosts may have a financial interest in the programs or services mentioned in this episode.Connect with Liam Leonard:Website - https://lionscove.com/Take Advantage of a Free Financial Strategy Call:https://go.wealthwithoutwallstreet.com/free-financial-callDiscover Everything You Need to Know About Short-Term Rentals in One Course:https://go.wealthwithoutwallstreet.com/strcourseTurn Active Income Into Passive Income:https://go.wealthwithoutwallstreet.com/PIOSDetermine How Close You Are to Financial Freedom:https://go.wealthwithoutwallstreet.com/quizKnow Your Investor DNA: https://www.wealthwithoutwallstreet.com/investordnaLearn How to Invest in Raw Land with The LandGeek:https://www.thelandgeek.com/

Have you set your heart on a passive income stream that will get you to financial freedom? What makes you so sure about it? Unfortunately, people usually get excited about good deals without truly understanding what makes it a good investment. There are many passive income ideas that you can explore. But first, you must know which one you're compatible with and choose the one that best suits your Investor DNA. Much like falling in love, finding the right one involves compatibility and commitment. Don't get involved with too many things at the same time. If you need help finding the right opportunities, join a community of like-minded people who can help open your eyes and heart to your true path to financial freedom. Tune in and hear Russ, Joey, and the Financial Freedom Coaches share their insights on the following:How do I find passive income streams?What are my options?How committed should I be?And more!Disclaimer: The opinions expressed on this podcast are solely those of the hosts and guests and do not constitute financial advice. Always consult a licensed professional for financial decisions.This episode is sponsored by a podcast show partner. We may receive compensation if you use links or services mentioned in this episode.The hosts may have a financial interest in the programs or services mentioned in this episode.Turn Active Income Into Passive Income:https://www.wealthwithoutwallstreet.com/PIOSFind Out How Close You Are to Financial Freedom: https://go.wealthwithoutwallstreet.com/quizIf you want better control of your future, join the Wealth Without Wall Street Community: https://www.wealthwithoutwallstreet.com/communityTake advantage of a Free Financial Strategy Call: https://www.wealthwithoutwallstreet.com/freecallDiscover Your Path to Financial Freedom: https://www.wealthwithoutwallstreet.com/pathJoin the Passive Income MasterMind: https://www.wealthwithoutwallstreet.com/club200---Want to go even deeper into the conversation? Join our IBC Inner Circle Group membership and gain access to our live podcast recordings, interactive Hot Seat guests on the topics, and exclusive Q&A sessions with other members and our coaches. Join here: https://wwws.link/inner-circle-sign-up

When you have four young kids, you would naturally do whatever you can to give them a better future. You will sometimes come up with so many ideas that you can't wait to pursue. And there's definitely nothing wrong with trying different things. But how many times can you take action in the wrong direction before you run out of luck? You just can't afford it. When you don't understand your Investor DNA, you will end up chasing different investment opportunities and get frustrated when things do not work out. So if you're interested in finding your path to financial freedom, listen as this couple–Daniel and Danielle Wells– share how they built a passive income business. They share their winning process so you can accelerate your success. Top 3 Things You’ll Learn:You must stop building other people's businesses and become the architect of your own future. Whatever state you are in now, you can succeed if you put in the work.How to teach your kids lessons about entrepreneurship and earning moneyAbout Our Guests:Daniel and Danielle Wells are both Wealth Without Wall Street Community members. They quit their nine-to-five jobs to start their short-term rental business to give their young family a better life. The couple learned about the short-term rental business from the STR course offered inside the community. After finding success in their short-term rental business, they are now looking into land investing with TheLandGeek. Disclaimer: The opinions expressed on this podcast are solely those of the hosts and guests and do not constitute financial advice. Always consult a licensed professional for financial decisions.This episode is sponsored by a podcast show partner. We may receive compensation if you use links or services mentioned in this episode.The hosts may have a financial interest in the programs or services mentioned in this episode.Connect with Daniel & Danielle Inside the Community:Wealth Without Wall Street Community - https://www.wealthwithoutwallstreet.com/communityTake Advantage of a Free Financial Strategy Call:https://go.wealthwithoutwallstreet.com/free-financial-callDiscover Everything You Need to Know About Short-Term Rentals in One Course:https://go.wealthwithoutwallstreet.com/strcourseTurn Active Income Into Passive Income:https://go.wealthwithoutwallstreet.com/PIOSDetermine How Close You Are to Financial Freedom:https://go.wealthwithoutwallstreet.com/quizKnow Your Investor DNA: https://www.wealthwithoutwallstreet.com/investordnaLearn How to Invest in Raw Land with The LandGeek:https://www.thelandgeek.com/

How would you feel if you were running your own bank? If you have no idea about it but want to know how to implement it, this episode is exactly what you need. Today's conversation is about the core of the Infinite Banking Concept (IBC) and how to become your own banker, as discussed in R. Nelson Nash's book. A number of wealthy people use this concept to grow multi-generational wealth and create financial freedom for themselves and their children. So get ready to find out more about the Infinite Banking Concept. Tune in and hear Russ, Joey, and the Financial Freedom Coaches share their thoughts, experiences, and insights about the following:What problems does Infinite Banking solve?How can I implement Infinite Banking?What are some of the big wins of people doing Infinite Banking?And more!Disclaimer: The opinions expressed on this podcast are solely those of the hosts and guests and do not constitute financial advice. Always consult a licensed professional for financial decisions.This episode is sponsored by a podcast show partner. We may receive compensation if you use links or services mentioned in this episode.The hosts may have a financial interest in the programs or services mentioned in this episode.Becoming Your Own Banker by R. Nelson Nash: https://www.wealthwithoutwallstreet.com/infinite-bankingWatch How My Daughter Will Buy Her First Car via Infinite Banking and Short-Term Rentals: https://www.youtube.com/watch?v=S9LABs0y8zoTurn Active Income Into Passive Income:https://www.wealthwithoutwallstreet.com/PIOSFind Out How Close You Are to Financial Freedom: https://go.wealthwithoutwallstreet.com/quizIf you want better control of your future, join the Wealth Without Wall Street Community: https://www.wealthwithoutwallstreet.com/communityTake advantage of a Free Financial Strategy Call: https://www.wealthwithoutwallstreet.com/freecallDiscover Your Path to Financial Freedom: https://www.wealthwithoutwallstreet.com/pathJoin the Passive Income MasterMind: https://www.wealthwithoutwallstreet.com/club200---Want to go even deeper into the conversation? Join our IBC Inner Circle Group membership and gain access to our live podcast recordings, interactive Hot Seat guests on the topics, and exclusive Q&A sessions with other members and our coaches. Join here: https://wwws.link/inner-circle-sign-up

Are you interested in buying properties without using your own money? Many people are learning how to use other people's money to invest in real estate. If you're willing to learn, there are creative ways to finance your purchases. Today's guest will show you how in this episode of Wealth Without Wall Street. Pace Morby is one of the hosts of the TV show The Triple Digit Flip. He is originally a contractor who was hired on as a flipper for some popular iBuyer portfolios. Pace flipped over a thousand homes a year but did so without building any wealth for himself. Then he had an aha moment which started him on his path to building his rental portfolio using creative financing strategies. He was first featured in this podcast in May 2020 (Episode 139), where he talked about Creative Financing Options for Real Estate Investors. Now he's back to share a few more of his most memorable stories about closing deals using creative financing, specifically Subject To. If you want to try real estate investing but need more capital, this episode will open your eyes to unlimited possibilities. Top 3 Things You’ll Learn:It's never about the house. It's always about the situation.How to structure a deal, so it's a win-win situation for both the buyer and seller.The value of a compelling story and a genuine offer to helpAbout Our Guest:Pace Morby is originally a contractor who was hired on as a flipper for some popular iBuyer portfolios. He flipped over a thousand homes a year but did so without building any wealth for himself. That's when he began flipping his own houses and slowly, steadily building a portfolio of rentals that would provide him with the cash flow he desired without bank financing. Pace has mastered the art of creative financing and built a massive portfolio using a 100% creative financing approach. Disclaimer: The opinions expressed on this podcast are solely those of the hosts and guests and do not constitute financial advice. Always consult a licensed professional for financial decisions.This episode is sponsored by a podcast show partner. We may receive compensation if you use links or services mentioned in this episode.The hosts may have a financial interest in the programs or services mentioned in this episode.Connect with Pace Morby:Website - https://www.subto.com/Triple Digit Flip - https://www.aetv.com/shows/triple-digit-flipTake Advantage of a Free Financial Strategy Call:https://go.wealthwithoutwallstreet.com/free-financial-callTurn Active Income Into Passive Income:https://go.wealthwithoutwallstreet.com/PIOSDetermine How Close You Are to Financial Freedom:https://go.wealthwithoutwallstreet.com/quiz

Passive income is an excellent way to generate extra income, whether you have a side hustle or a small business venture that gives you additional cash flow each month. With passive income, you can have money coming in even while you pursue your nine-to-five job. Then, when you can finally build up a solid passive income stream, you might want to leave your full-time job. Either way, a passive income gives you that security. If you think you must be an entrepreneur to create passive income, that's not exactly the case. Tune in and hear Joey and the Financial Freedom Coaches share their thoughts about the following:What is an entrepreneur?Do I need to become an entrepreneur to create passive income?Where can I create passive income regardless of being an entrepreneur?And more!Disclaimer: The opinions expressed on this podcast are solely those of the hosts and guests and do not constitute financial advice. Always consult a licensed professional for financial decisions.This episode is sponsored by a podcast show partner. We may receive compensation if you use links or services mentioned in this episode.The hosts may have a financial interest in the programs or services mentioned in this episode.Turn Active Income Into Passive Income:https://www.wealthwithoutwallstreet.com/PIOSFind Out How Close You Are to Financial Freedom: https://go.wealthwithoutwallstreet.com/quizIf you want better control of your future, join the Wealth Without Wall Street Community: https://www.wealthwithoutwallstreet.com/communityTake advantage of a Free Financial Strategy Call: https://www.wealthwithoutwallstreet.com/freecallDiscover Your Path to Financial Freedom: https://www.wealthwithoutwallstreet.com/pathJoin the Passive Income MasterMind: https://www.wealthwithoutwallstreet.com/club200---Want to go even deeper into the conversation? Join our IBC Inner Circle Group membership and gain access to our live podcast recordings, interactive Hot Seat guests on the topics, and exclusive Q&A sessions with other members and our coaches. Join here: https://wwws.link/inner-circle-sign-up

Building passive income streams is something that many people want to achieve. But first, let's be clear that passive income ideas require an upfront monetary investment or time investment. How do you start investing in something that will bring you consistent income without much effort on your part? In this episode, Russ and Joey talk about their 11 passive income streams, which brought them $523,201 net income for 2022. Listen up as they discuss the pros and cons of investing in each income stream and see if something would work for you. Focus on one thing at a time, then explore other opportunities as you grow your wealth. Here are the 11 Ways to Build Passive Income: Land FlippingShort-Term RentalManagement BusinessCryptocurrenciesSyndicationsHouse FlippingLong Term RentalsRV Rental (Cousin Eddie)Information BusinessEcommerceYouTubeTop 3 Things You’ll Learn:Different paths to financial freedomWhy you need to invest in experts/ hire an operatorThe right time to create a courseDisclaimer: The opinions expressed on this podcast are solely those of the hosts and guests and do not constitute financial advice. Always consult a licensed professional for financial decisions.This episode is sponsored by a podcast show partner. We may receive compensation if you use links or services mentioned in this episode.The hosts may have a financial interest in the programs or services mentioned in this episode.Take Advantage of a Free Financial Strategy Call:https://go.wealthwithoutwallstreet.com/free-financial-callTurn Active Income Into Passive Income:https://go.wealthwithoutwallstreet.com/PIOSDetermine How Close You Are to Financial Freedom:https://go.wealthwithoutwallstreet.com/quizLearn How to Invest in Real Estate with The Land Geek:https://www.thelandgeek.com/Short-Term Rental Course:https://www.wealthwithoutwallstreet.com/strcourseApply to Join the Passive Income Mastermind:https://www.wealthwithoutwallstreet.com/wwws-passive-income-mastermind

What was the first live event you attended this year? How was the experience, and what was the most memorable thing, lesson, or conversation you had from that event? As Russ and Joey would say, live events change lives. If you missed joining the Inner Circle Live Event, this is your chance to hear valuable ideas as the Wealth Without Wall Street Team shares their biggest takeaways. Feel their excitement as each of them experienced light bulb moments while sitting in the room with experts in the different fields of investing and passive income opportunities. So tune in to this conversation about the biggest takeaways from the Inner Circle live event, and get an idea of which path you'd like to take:Real Estate - Turnkey Rental and Land FlippingCreative Finance/ Real Estate - BRRRR StrategyE-Commerce - Building an Amazon BusinessAnd more!Disclaimer: The opinions expressed on this podcast are solely those of the hosts and guests and do not constitute financial advice. Always consult a licensed professional for financial decisions.This episode is sponsored by a podcast show partner. We may receive compensation if you use links or services mentioned in this episode.The hosts may have a financial interest in the programs or services mentioned in this episode.Turn Active Income Into Passive Income:https://www.wealthwithoutwallstreet.com/PIOSFind Out How Close You Are to Financial Freedom: https://go.wealthwithoutwallstreet.com/quizIf you want better control of your future, join the Wealth Without Wall Street Community: https://www.wealthwithoutwallstreet.com/communityTake advantage of a Free Financial Strategy Call: https://www.wealthwithoutwallstreet.com/freecallDiscover Your Path to Financial Freedom: https://www.wealthwithoutwallstreet.com/pathJoin the Passive Income MasterMind: https://www.wealthwithoutwallstreet.com/club200---Want to go even deeper into the conversation? Join our IBC Inner Circle Group membership and gain access to our live podcast recordings, interactive Hot Seat guests on the topics, and exclusive Q&A sessions with other members and our coaches. Join here: https://wwws.link/inner-circle-sign-up

As you think about your strategies for building wealth in 2023, you might want to consider doing syndications. If you need help with how it works and why it's an excellent investment strategy, today's guest can help you. He will also share what passive income strategies will work in 2023, what asset classes he's personally considering, and a few more helpful details on navigating the world of investing. Dave is a returning guest. He was first featured in September 2020, where he talked about how ATM investing works. He is the founder and CEO of The Real Asset Investor, a company that helps bring investors higher-yield investment opportunities across several asset classes by partnering with experienced operators. Top 3 Things You’ll Learn:What makes a good Operator?Why it's a good idea to invest in self-storage and car wash Creative ideas to build your wealth in 2023 About Our Guest:Dave Zook is a successful business owner and an experienced real estate investor active in multi-family apartments, self-storage, and the ATM space. He has acquired more than $100 million worth of real estate since 2010. In addition, he is a renowned and trusted professional resource in the Automatic Teller Machine (ATM) investment market where they have deployed more than $90 million of investor capital. Dave is also a #1 Best Selling Author. He lives with his wife Susan and their four children in Lancaster County, PA. Disclaimer: The opinions expressed on this podcast are solely those of the hosts and guests and do not constitute financial advice. Always consult a licensed professional for financial decisions.This episode is sponsored by a podcast show partner. We may receive compensation if you use links or services mentioned in this episode.The hosts may have a financial interest in the programs or services mentioned in this episode. Connect with Dave Zook:Email - info@therealassetinvestor.comWebsite - https://www.therealassetinvestor.com/Take Advantage of a Free Financial Strategy Call:https://go.wealthwithoutwallstreet.com/free-financial-callTurn Active Income Into Passive Income:https://go.wealthwithoutwallstreet.com/PIOSDetermine How Close You Are to Financial Freedom:https://go.wealthwithoutwallstreet.com/quiz