Busting Real Estate Lies & Accessing Liquidity with Kim Butler

Published: Jan. 13, 2022, 6 a.m.

b"The heart of Kim\\u2019s vision, and mission, is to activate lifelong service for her clients. What does that mean? It means inspiring them to live lives of purpose for their whole lives\\u2014rather than retiring or taking themselves \\u201cout of service.\\u201d (Which is the definition of retirement.)\\xa0 Kim, who has seen many facets of the financial industry, now helps clients to create long-term financial strategies for building sustainable wealth using whole life insurance. Life insurance is under-utilized by the masses, yet is the \\u201csecret\\u201d foundation of America\\u2019s wealthiest.\\n\\xa0\\nKim Butler\\u2019s money journey has humble beginnings that have stayed with her well into her 30-year financial career. It all began on her farm, where she and her sister looked after their dairy cows. This responsibility instilled in Kim a desire to take ownership of her life, a love for savings, and an entrepreneurial vision. She used her savings from selling milk to attend a private college debt-free and launch her career in finance.\\xa0 Today, Kim lives with her family in rural Texas, on their alpaca farm. Working virtually from her home office (with the company mascot, Emma Dawg, by her side and her husband coding financial software down the hall), Kim helps clients find creative money solutions to build reliable and certain wealth.\\n\\xa0\\n[00:01 - 04:57] Opening Segment\\nGet to know Kim Butler\\nHelping people add liquidity to their portfolios and have control over their finances\\n\\xa0\\n[04:58 - 14:13] Busting Real Estate Lies\\nGrab a copy of Kim\\u2019s book, Busting the Real Estate Investing Lies\\nThe Real Estate Calculator and Rate of Returns\\nCheck out The Prosperity Podcast\\nIs this a good deal?\\xa0\\nWhy you should pay extra on the principal of the loan\\nThe Whole Life Insurance PolicyNot an investment, but a place to store cash\\n\\n\\u201cYou can\\u2019t eat equity.\\u201d\\n\\xa0\\n[14:14 - 26:46] Accessing Liquidity\\nLet\\u2019s unpack your statements: Common and inaccurate language on the web\\nWhy life insurance loans are confusing\\xa0\\nLife insurance companies reserve dollar for dollar\\nFinancial Freedom Misconceptions\\n\\xa0\\n[26:47 - 36:18] Closing Segment\\nQuick break for our sponsorsGroundfloor offers short-term, high-yield real estate debt investments to the general public. Check www.passivewealthstrategy.com/groundfloor/ to get started.\\n\\nWhat is the best investment you've ever made other than your education?A stack of whole life insurance policies\\n\\nKim\\u2019s worst investmentGetting distracted in her business\\n\\nWhat is the most important lesson that you've learned in business and investing?\\u201cThe quality of time.\\u201d\\n\\nConnect with my guest. See the links below.\\n\\xa0\\nTweetable Quotes:\\n\\u201cA paid down property, so not paid off yet, but paid down is actually the riskiest position ever.\\u201d - Kim Butler\\n\\u201c87 is the new 65\\u2026 people are going to have so much longer than they expect.\\u201d - Kim Butler\\n\\u201cServing others having a great conversation, both of us learning. I mean, that should be a part of every day.\\u201d - Kim Butler\\n------------\\nConnect with Kim Butler through prosperitythinkers.com/taylor and LinkedIn.\\xa0\\n\\xa0\\nInvest passively in multiple commercial real estate assets such as apartments, self storage, medical facilities, hotels and more through https://www.passivewealthstrategy.com/crowdstreet/\\nParticipate directly in real estate investment loans on a fractional basis. Go to www.passivewealthstrategy.com/groundfloor/ and get ready to invest on your own terms.\\xa0\\nJoin our Passive Investor Club for access to passive commercial real estate investment opportunities.\\nLEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode or click here to listen to our previous episodes"