In today's episode of Beat The Banks, Kyle Fuller is joined by special guest Steve Chader. In this episode, they discuss Steve's journey in real estate and how he discovered the power of infinite banking for creating multi-generational wealth. Join them as we explore the importance of understanding compound interest, leveraging real estate, and teaching financial education to future generations. Discover the secrets to financial success and the value of patience in achieving your financial goals.
Highlights
01:40 Where Steve got his philosophy and concept in real estate investing
04:38 His book "Hold" and his influence within the Keller Williams community through his coaching and programs
10:34 The concept of creating multi-generational wealth using tax-advantaged methods such as real estate and infinite banking
17:07 Insight into Steve's logic of replicating successful strategies of wealthy individuals, specifically owning a whole life policy
20:05 The parallel between the compounding effect in infinite banking and his real estate investment strategy involving tenants paying off mortgages over time
22:09 How Steve's family has caught on to the real estate investment bug and Steve's efforts to introduce insurance policies for every family member
25:55 The importance of choosing the right platform and the advantages of tax-free growth, tax-free conversion, a steady rate of return, liquidity, and stability in infinite banking
33:26 How investing in the stock market can often be misleading
41:14 His personal experience of property investment and how his journey has transformed with changes in his goals
45:40 The importance of having a clear investment strategy and knowing what to say 'yes' or 'no'
Episode Resources
