The Wealth Without Wall Street Podcast

By Russ Morgan & Joey Muré
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Apr 8, 2021 • 37min

A Thoughtful Approach to Buying Properties with Jeff Stephens

#184: How do you start investing in real estate or buying your own house? Where do you find properties that are off the market? This episode will give you the answers and provide great insights on real estate investing. Tune in and learn from today’s guest Jeff Stephens, a real estate entrepreneur and host of the Racking Up Rentals podcast. Find out how relationship-building and sophistication can get you the best deals. Plus, you get to understand how to leverage seller financing in real estate. Top 3 Things You'll Learn:Creative approach to dealing with motivated sellersWhat’s so great about seller financing The art of asking the right questions  About Our Guest:Jeff Stephens is the Founder of The Thoughtful Real Estate Entrepreneur and host of the podcast “Racking Up Rentals.”Jeff is a full-time real estate entrepreneur and real estate investing mentor, coach, and podcaster. Jeff’s focus—both as a real estate entrepreneur and a coach to others—is on growing a rental portfolio that builds long-term wealth through the timeless fundamentals of relationship and negotiation directly with the seller.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 Jeff  - The Thoughtful Real Estate Entrepreneur:Website: http://www.thoughtfulre.comFacebook: https://web.facebook.com/thoughtfulTwitter: https://twitter.com/thoughtfulreInstagram: https://www.instagram.com/thoughtfulrealestate💸 Build a Passive Income Machine in 3 Steps:Here’s how to flip the script and start building wealth the way the wealthy do 👇👀 Step 1 – Watch the Free 40-Minute Masterclass on the Infinite Banking Concept👉 wealthwithoutwallstreet.com/free-ibc-webinar📞 Step 2 – Book a Free Call with Our Team (We Do This All Day, Every Day)👉 wealthwithoutwallstreet.com/accelerate📈 Step 3 – Start Building Passive IncomeJoin the Passive Income Lab👉 ChoosePassiveIncome.comMore Ways to Learn & Grow Wealth (For Free)💾 Download the Passive Income Operating System👉 wealthwithoutwallstreet.com/piosebook👥 Join 10,000+ Investors Inside Our Free Community👉 wealthwithoutwallstreet.com/communityPaying $250K+ in Taxes? Stop the Bleed.😡 Apply for Our Next Tax Strategy Intensive👉 wealthwithoutwallstreet.com/taxGrab Our Book: Wealth Without Wall Street: 3 Steps to Freedom Through Passive Income📘 wealthwithoutwallstreet.com/newbookStay Connected:📸 Instagram: @wealthwithoutwallst—
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Apr 6, 2021 • 34min

Round Table | Why Would I Pay Interest On My Own Money?

We’ve been talking about how the Infinite Banking Concept (IBC) allows you to take control of your money and the creative ways you can make your money work for you. But why do you have to pay interest on the money that you borrow against your policy? Why do you even have to pay back the loan? It is your money anyway, right? In reality, you can choose not to pay back your policy loan and interest in a set period, as required if you had borrowed money from banks. But what happens if you don’t? Find out the ins and outs of borrowing against your life insurance policy in today’s round table with our IBC coaches. 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.💸 Build a Passive Income Machine in 3 Steps:Here’s how to flip the script and start building wealth the way the wealthy do 👇👀 Step 1 – Watch the Free 40-Minute Masterclass on the Infinite Banking Concept👉 wealthwithoutwallstreet.com/free-ibc-webinar📞 Step 2 – Book a Free Call with Our Team (We Do This All Day, Every Day)👉 wealthwithoutwallstreet.com/accelerate📈 Step 3 – Start Building Passive IncomeJoin the Passive Income Lab👉 ChoosePassiveIncome.comMore Ways to Learn & Grow Wealth (For Free)💾 Download the Passive Income Operating System👉 wealthwithoutwallstreet.com/piosebook👥 Join 10,000+ Investors Inside Our Free Community👉 wealthwithoutwallstreet.com/communityPaying $250K+ in Taxes? Stop the Bleed.😡 Apply for Our Next Tax Strategy Intensive👉 wealthwithoutwallstreet.com/taxGrab Our Book: Wealth Without Wall Street: 3 Steps to Freedom Through Passive Income📘 wealthwithoutwallstreet.com/newbookStay Connected:📸 Instagram: @wealthwithoutwallst—
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Apr 1, 2021 • 46min

How to Build A 6-Figure E-Commerce Business with Daniel Espy

#183: How have you been spending your quarantine days? Today’s guest used his time wisely and launched a 6-figure e-commerce business using IBC for funding. Learn how Daniel Espy, a member of the IBC Inner Circle, discovered the potential of Amazon’s market to help create a passive income stream for him and how you can do the same. If you’re wondering how much you can make selling products on Amazon and want to explore this opportunity, tune in to this episode. You might be the next highly profitable Amazon seller this year. To learn more about the program that helped Daniel launch his Amazon brand, go to https://www.asin360.com/bamm.Top 3 Things You'll Learn:How to find profitable products to sell Why you should invest in advertising Teaching your kids how to succeed in business About Our Guest:Daniel Espy is a full-time volunteer pastor with a Master’s Degree in Theology. He discovered Amazon selling while looking for an additional income stream and listening to a Wealth Without Wall Street podcast episode. Daniel ventured into Amazon sales with his family working with him all the way. With guidance from Amazon FBA experts, Daniel’s business now generates thousands of dollars in sales.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:Find Daniel inside the IBC Inner Circle: https://wwws.link/inner-circle-sign-up💸 Build a Passive Income Machine in 3 Steps:Here’s how to flip the script and start building wealth the way the wealthy do 👇👀 Step 1 – Watch the Free 40-Minute Masterclass on the Infinite Banking Concept👉 wealthwithoutwallstreet.com/free-ibc-webinar📞 Step 2 – Book a Free Call with Our Team (We Do This All Day, Every Day)👉 wealthwithoutwallstreet.com/accelerate📈 Step 3 – Start Building Passive IncomeJoin the Passive Income Lab👉 ChoosePassiveIncome.comMore Ways to Learn & Grow Wealth (For Free)💾 Download the Passive Income Operating System👉 wealthwithoutwallstreet.com/piosebook👥 Join 10,000+ Investors Inside Our Free Community👉 wealthwithoutwallstreet.com/communityPaying $250K+ in Taxes? Stop the Bleed.😡 Apply for Our Next Tax Strategy Intensive👉 wealthwithoutwallstreet.com/taxGrab Our Book: Wealth Without Wall Street: 3 Steps to Freedom Through Passive Income📘 wealthwithoutwallstreet.com/newbookStay Connected:📸 Instagram: @wealthwithoutwallst—
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Mar 30, 2021 • 60min

Round Table | Using IBC to Manage Cash Flow with Sharran Srivatsaa

Are you looking forward to that day where you can live life on your terms? How badly do you want it, and what are you doing to get to that point? Tune in to get ideas on how you can start building surplus cash and generating wealth. This episode is Part 2 of a two-part series where Sharran Srivatsaa, host of the Business School Podcast, interviews Russ and Joey about the Infinite Banking Concept (IBC) as a tool to gain financial freedom. Learn how to have readily accessible funds that you can use for capital or buying a new car, and understand what it means to “becoming your own banker.” Get the Free Financial Scorecard: https://www.wealthwithoutwallstreet.com/community-offer/sharran-srivatsaaDisclaimer: 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.💸 Build a Passive Income Machine in 3 Steps:Here’s how to flip the script and start building wealth the way the wealthy do 👇👀 Step 1 – Watch the Free 40-Minute Masterclass on the Infinite Banking Concept👉 wealthwithoutwallstreet.com/free-ibc-webinar📞 Step 2 – Book a Free Call with Our Team (We Do This All Day, Every Day)👉 wealthwithoutwallstreet.com/accelerate📈 Step 3 – Start Building Passive IncomeJoin the Passive Income Lab👉 ChoosePassiveIncome.comMore Ways to Learn & Grow Wealth (For Free)💾 Download the Passive Income Operating System👉 wealthwithoutwallstreet.com/piosebook👥 Join 10,000+ Investors Inside Our Free Community👉 wealthwithoutwallstreet.com/communityPaying $250K+ in Taxes? Stop the Bleed.😡 Apply for Our Next Tax Strategy Intensive👉 wealthwithoutwallstreet.com/taxGrab Our Book: Wealth Without Wall Street: 3 Steps to Freedom Through Passive Income📘 wealthwithoutwallstreet.com/newbookStay Connected:📸 Instagram: @wealthwithoutwallst—
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Mar 25, 2021 • 33min

Our Passive Income Report - February 2021

#182: Today we're going to share how our businesses performed in February 2021. We love doing this so you can see how we're putting our money to work. Being open about the challenges we go through and the successes we celebrate every month allows us to provide you with support and education. Join us and take every opportunity you can to learn how to start your journey to financial freedom.February 2021 Income At-A-Glance: Gross Income for February:  $70,245Total Expenses for February:  $43,000Total Net Profit for February:  $27,245Difference b/t Feb & Jan: -$15,755% of net profit to overall gross revenue: 39%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.💸 Build a Passive Income Machine in 3 Steps:Here’s how to flip the script and start building wealth the way the wealthy do 👇👀 Step 1 – Watch the Free 40-Minute Masterclass on the Infinite Banking Concept👉 wealthwithoutwallstreet.com/free-ibc-webinar📞 Step 2 – Book a Free Call with Our Team (We Do This All Day, Every Day)👉 wealthwithoutwallstreet.com/accelerate📈 Step 3 – Start Building Passive IncomeJoin the Passive Income Lab👉 ChoosePassiveIncome.comMore Ways to Learn & Grow Wealth (For Free)💾 Download the Passive Income Operating System👉 wealthwithoutwallstreet.com/piosebook👥 Join 10,000+ Investors Inside Our Free Community👉 wealthwithoutwallstreet.com/communityPaying $250K+ in Taxes? Stop the Bleed.😡 Apply for Our Next Tax Strategy Intensive👉 wealthwithoutwallstreet.com/taxGrab Our Book: Wealth Without Wall Street: 3 Steps to Freedom Through Passive Income📘 wealthwithoutwallstreet.com/newbookStay Connected:📸 Instagram: @wealthwithoutwallst—
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Mar 23, 2021 • 37min

Round Table | Short-Term Rentals + Cash Value vs. Long-Term Rentals

Today’s episode is another discussion on the practical application of the Infinite Banking Concept (IBC) to generate wealth. IBC is not the actual means to achieve financial freedom. Instead, it is the tool that gives you the flexibility and control of your money and what you do with the money that moves you to reaching your financial goal. Listen as our IBC Coaches talk about leveraging IBC and putting your money at work via short-term rentals.To learn more about the short-term rental business, join the STR Mastermind here: https://www.wealthwithoutwallstreet.com/strmastermind.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.💸 Build a Passive Income Machine in 3 Steps:Here’s how to flip the script and start building wealth the way the wealthy do 👇👀 Step 1 – Watch the Free 40-Minute Masterclass on the Infinite Banking Concept👉 wealthwithoutwallstreet.com/free-ibc-webinar📞 Step 2 – Book a Free Call with Our Team (We Do This All Day, Every Day)👉 wealthwithoutwallstreet.com/accelerate📈 Step 3 – Start Building Passive IncomeJoin the Passive Income Lab👉 ChoosePassiveIncome.comMore Ways to Learn & Grow Wealth (For Free)💾 Download the Passive Income Operating System👉 wealthwithoutwallstreet.com/piosebook👥 Join 10,000+ Investors Inside Our Free Community👉 wealthwithoutwallstreet.com/communityPaying $250K+ in Taxes? Stop the Bleed.😡 Apply for Our Next Tax Strategy Intensive👉 wealthwithoutwallstreet.com/taxGrab Our Book: Wealth Without Wall Street: 3 Steps to Freedom Through Passive Income📘 wealthwithoutwallstreet.com/newbookStay Connected:📸 Instagram: @wealthwithoutwallst—
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Mar 18, 2021 • 22min

IBC Sounds Interesting But What if I’m Uninsurable? | BYOB Book Review 17

#181: “The line of insurability” is a concept known in the life insurance industry. It’s that point in time when you cannot qualify for an insurance policy, perhaps due to a diagnosis that significantly impacts your life expectancy or reasons related to health, lifestyle, or travel. So what can you do if you become uninsurable? It can be frustrating, but it may not be the end of your options. In today’s episode, Russ and Joey talk about this scenario while continuing their book review on Becoming Your Own Banker (BYOB) by Nelson Nash.BYOB is not just your ordinary book. It’s that sort of artifact that can radically transform your future. It could be one of the most important books you should add to your reading list to help shift your mindset. Through this book, Nelson explains the Infinite Banking Concept (IBC) in the most effective way possible, getting his point across with a dose of humor and immense clarity.Top 3 Things You'll Learn:What is insurable interest?How to implement IBC even when you’re uninsurableWhy education is vital in achieving financial freedomDisclaimer: 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.💸 Build a Passive Income Machine in 3 Steps:Here’s how to flip the script and start building wealth the way the wealthy do 👇👀 Step 1 – Watch the Free 40-Minute Masterclass on the Infinite Banking Concept👉 wealthwithoutwallstreet.com/free-ibc-webinar📞 Step 2 – Book a Free Call with Our Team (We Do This All Day, Every Day)👉 wealthwithoutwallstreet.com/accelerate📈 Step 3 – Start Building Passive IncomeJoin the Passive Income Lab👉 ChoosePassiveIncome.comMore Ways to Learn & Grow Wealth (For Free)💾 Download the Passive Income Operating System👉 wealthwithoutwallstreet.com/piosebook👥 Join 10,000+ Investors Inside Our Free Community👉 wealthwithoutwallstreet.com/communityPaying $250K+ in Taxes? Stop the Bleed.😡 Apply for Our Next Tax Strategy Intensive👉 wealthwithoutwallstreet.com/taxGrab Our Book: Wealth Without Wall Street: 3 Steps to Freedom Through Passive Income📘 wealthwithoutwallstreet.com/newbookStay Connected:📸 Instagram: @wealthwithoutwallst—
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Mar 16, 2021 • 37min

Round Table | Practical Case Study Paying Down Debt with IBC

Why do so many people struggle with debt? Are you one of them? If you’re wondering what’s the right approach to getting out of debt, realize that the first thing that needs to happen is to have a “behavior shift” so you can stop getting into that cycle of being in and out of bad debts. Evaluate your financial condition and know which of your debts are efficient and inefficient. It’s time to get creative, discover other ideas, and find a practical way to get out of debt. Listen as our IBC Coaches talk about how to use the Infinite Banking Concept (IBC) to pay down your debts, use debt to your advantage, and accelerate your speed to get to financial freedom. 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.💸 Build a Passive Income Machine in 3 Steps:Here’s how to flip the script and start building wealth the way the wealthy do 👇👀 Step 1 – Watch the Free 40-Minute Masterclass on the Infinite Banking Concept👉 wealthwithoutwallstreet.com/free-ibc-webinar📞 Step 2 – Book a Free Call with Our Team (We Do This All Day, Every Day)👉 wealthwithoutwallstreet.com/accelerate📈 Step 3 – Start Building Passive IncomeJoin the Passive Income Lab👉 ChoosePassiveIncome.comMore Ways to Learn & Grow Wealth (For Free)💾 Download the Passive Income Operating System👉 wealthwithoutwallstreet.com/piosebook👥 Join 10,000+ Investors Inside Our Free Community👉 wealthwithoutwallstreet.com/communityPaying $250K+ in Taxes? Stop the Bleed.😡 Apply for Our Next Tax Strategy Intensive👉 wealthwithoutwallstreet.com/taxGrab Our Book: Wealth Without Wall Street: 3 Steps to Freedom Through Passive Income📘 wealthwithoutwallstreet.com/newbookStay Connected:📸 Instagram: @wealthwithoutwallst—
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Mar 11, 2021 • 30min

How to Raise Twins Through REI and IBC with Jamie O’ Brien

#180: If you had a life-changing event that compels you to stay at home or pushes you to find another income stream, what would you do? How do you envision the process of sorting out your finances, priorities, and actions? These are some of the questions that will be discussed in today’s episode with Jamie O’Brien, a member of the IBC Inner Circle. Jamie has a full-time job as a Medical Device Sales professional and a Real Estate Investor. He discovered the Infinite Banking Concept (IBC) and worked with Joey to learn about the potentials of IBC to gain wealth. Stay tuned and learn more about the things you can do with IBC and why it’s important to move forward even if you have failed several times over. Top 3 Things You'll Learn:Why it’s essential to have a mentor and a business partnerHow to use IBC to finance your business Learning from your failures and taking action About Our Guest:“The difference between a successful person and others is not a lack of strength, not a lack of knowledge, but rather a lack of will. – Vince Lombardi”Jamie O’Brien lives and invests in the Birmingham, Alabama market. He is a Medical Device Sales professional and Real Estate Investor. When Jamie and his wife, Blair, found out they were having twins, Jamie knew he had to do something other than relying on his W2 to provide the life he wanted for his family. In the last 4 years, Jamie has successfully invested in 7 Tax Certificates, bought and flipped 8 houses including 1 Turnkey Rental flip, and built his rental portfolio to 11 doors. At heart, Jamie is a rehabber who loves forced appreciation and bringing homes back to life. This journey led him to discover the Infinite Banking Concept and began working with Joey to change the trajectory of his family’s future. Through IBC, Jamie has been able to access cash to invest in an apartment partnership and several private lending opportunities. Jamie just funded his 4th policy and couldn’t be more excited to teach his daughters the power of financial education as they grow. Jamie enjoys spending time with his family, the great outdoors, college football, and struggling to break 100 in golf in his spare time.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 Jamie:Facebook: https://www.facebook.com/IamjamieoLinkedIn: https://www.linkedin.com/in/jamieob💸 Build a Passive Income Machine in 3 Steps:Here’s how to flip the script and start building wealth the way the wealthy do 👇👀 Step 1 – Watch the Free 40-Minute Masterclass on the Infinite Banking Concept👉 wealthwithoutwallstreet.com/free-ibc-webinar📞 Step 2 – Book a Free Call with Our Team (We Do This All Day, Every Day)👉 wealthwithoutwallstreet.com/accelerate📈 Step 3 – Start Building Passive IncomeJoin the Passive Income Lab👉 ChoosePassiveIncome.comMore Ways to Learn & Grow Wealth (For Free)💾 Download the Passive Income Operating System👉 wealthwithoutwallstreet.com/piosebook👥 Join 10,000+ Investors Inside Our Free Community👉 wealthwithoutwallstreet.com/communityPaying $250K+ in Taxes? Stop the Bleed.😡 Apply for Our Next Tax Strategy Intensive👉 wealthwithoutwallstreet.com/taxGrab Our Book: Wealth Without Wall Street: 3 Steps to Freedom Through Passive Income📘 wealthwithoutwallstreet.com/newbookStay Connected:📸 Instagram: @wealthwithoutwallst—
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Mar 9, 2021 • 38min

Round Table | 401k vs. IBC

Discover the drawbacks of 401k plans and explore the benefits of the Infinite Banking Concept. The hosts delve into the limitations of long-term investments and question the effectiveness of 401k in achieving financial goals. They emphasize personal growth and the importance of surrounding oneself with like-minded individuals for pursuing financial freedom and cash flow. Join the conversation to learn how you can take control of your financial life and live well starting today.

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