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Owned by Travis
A community of owners and owner-minded builders learning to make every dollar and every effort do more than one job, and sharing what works.
45 contributions to Wealth Warehouse IBC Community
2d •
Private lending
Hey all, I'm interested in private lending and looking to get started via loans through my IBC policy. For those currently lending, how did you get into it? Any educational resources or lending communities you'd recommend? Thanks!
0 likes • 2h
@Charles Johnson you should also connect with Justin Boone. We did a video on private lending with Justin. He has a pretty cool private lending business. Aside from Kindling, I can also make some more connections and suggestions for you. Let me know. https://youtu.be/VY8cX0zaaYY?si=Pfcs_-yXjDDiZr3x
7d •
Super tax avoidance: sounds like IBC
Guys my brother sent me this clip from Diary of a CEO podcast where one of the guests is pulling back the curtain on wealthy people and taxes. Sounds a lot like IBC to me… use this when sharing IBC with people! https://www.facebook.com/share/v/1Dnrxa5tki/?mibextid=wwXIfr
16d •
Introduction
I have been looking at IBC for a few years now. I listened to becoming your own banker driving back from North Carolina back to Wisconsin and have been listening to podcast. I am a Military retiree servicing 23 years in the Marine Corps and Wisconsin Army National Guard in the AGR Program. We own rental property and a Home inspection business.
1 like • 8d
@Tim Benskin Welcome to the club! You said you have been looking at it. Have you already started a policy?
9d •
IBC planning tool
Who is it in this group again that has an IBC planning tool? For managing cash value. Reach out to me!
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13d •
How do I not steal the peas?
Just finished my second go around with BYOB. Having a hard time wrapping my mind around the figures Nash is utilizing in purchasing your own equipment/financing the needs of life. Don’t get me wrong here. I get that my policy grows uninterrupted in the background. That’s not my hang up. In ‘Equipment Financing, Illustrations 1-5’, I’m not getting his math the second time around. Hypothetical, take out a $40,000 car loan. Just for the sake here, we will say I can get 7% at my credit union for 60 months. A policy loan would be roughly the same for arguement here. My basic understanding would be that from the credit union my payment would be $792/mo. To not steal the peas, I take a policy loan, and pay at least $792 back to my policy. Let’s call it $800. My hang up is this: How does Nash get to these tables (p 54, 59-64?) I’m paying back 7% to the life insurance company on the policy loan. Does this only work if I’m putting MORE than I would pay to my credit union into paying back my policy loan? (Say, $1,000/mo?) What did I miss in my two readings to make the numbers work the way he demonstrates?
0 likes • 10d
@Dave Hubberts Robert makes a good point above, because the interest isn't compounding on itself throughout the year. I'm not looking at the pages above, so I'll talk in generality here.... If you pay back the same payment to the policy you are recapturing the payment, making it avalailble again to use. You aren't making a lot more money by doing that compared to getting a 7% auto loan (like Robert said there is a small arbitrage). If you decided to pay yourself 10% back, then the extra amount would just be going to pay down that policy loan faster and/or creating the ability to pay additional PUA that you owe for that year. Thats just a form of saving into your premium. I had these exact numbers on a car I just purchased for my wife. $41k at 4.34% payment is $792 per month. I decided to finance it with the credit union, because my Lafayette policy loan rate is 6.75%. I used the policy loan instead to make an asset purchase that pays me a monthly income that offsets my payment to the credit union. That asset will stay intact and I will recoup it years down the road and pay it back into my policy.
1-10 of 45
@travis-fairbairn-8920
Dad, husband, pilot, entrepreneur. I love building things and learning new skills!
Active 56m ago
Joined May 16, 2026