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Round Table | Questions from the Community
The best thing about being in the right community is getting support and guidance from like-minded people. In today's round table, Russ, Joey, and the Financial Freedom Coaches gather to answer questions from the community. The questions revolve around Infinite Banking, passive income, creative options, etc. Tune in to hear reliable information from these experts who have been implementing what they teach.
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8:36 - JD, why is it important for us to answer questions today?
10:31 - Ern, what is the most interesting question you have fielded over the last week?
11:45 - After each Mastermind, how do I determine if this is the right group for me?
14:13 - I left a corporate job about 90 days ago and have approximately 200k in a 401k. I'm 42 and started my first whole life policy using Infinite Banking. Can I withdraw the money out of the 401k and put it in a rider part of that policy and then borrow from it to better fund my business?
18:05 - My landlord told me he's willing to sell half of the commercial building that my business occupies. I rent it for $12,000 a month. He's asking $2.6 million. There's another 8800 sq. ft., which is rented with four years left for that tenant. I got two banks I talked to today just coming up with creative opportunities, banks, etc., for help. What insight can you give me?
28:27 - I've been going through the Right Next Thing Process. I've done a lot of things, and unfortunately, nothing worked. I am at 17% so far at my passive income.
How should I be thinking about my next best step?
30:39 - Why would we focus on strategies and planning first and then move to passive income?
35:27 How do I determine what my Investor DNA is? How does the Clarity piece help?
38:24 - Can I use IBC to fund a home renovation?
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