In this episode, Anthony and Cameron expand on Nelson Nash’s Becoming Your Own Banker book. Listen in as we outline our three rules for how and when to expand your banking system; also, we provide a practical example of what it looks like.
Podcast:On pages 48 of Becoming Your Own Banker Nelson Nash states “premiums and income should match.” Nelson often taught in parables and often used the phrase “it’s all about how your think.” This is an example of Nelson giving us an idea without much direction on how to execute it.
Resources:
“Expanding Your Banking System”
15 year vs 30 Mortgage: Which is best?
Automate Active Income Into Passive Income With the Passive Income Operating System
How to Invest in Oil and Gas Safely: Insights from Aspen Funds With Ben Fraser
Hidden Real Estate Profits: Tax Liens, Tax Deeds & High-Yield Passive Income With Brian Seidensticker