Self Storage Investing
This is the Self-Storage Investing Podcast, where we share the knowledge and skills from the industry’s leading investors, developers, and operators to help you launch and grow your self-storage investing business.
What made them a success? Built their wealth? What was their mindset and mentality as they entered the space and found room for business growth?
Led by podcast host Scott Meyers, the original SELF-STORAGE EXPERT, we have a track record spanning two decades having successfully acquired, converted, developed, and syndicated over 4 1/2 million square feet of self-storage properties nationwide. Discover the secrets to building wealth and creating a thriving business mindset through our insightful episodes with leading experts. We delve into topics such as navigating recessions and market crashes, as well as the lucrative world of real estate investing through self-storage.
Join us as we explore strategies, tactics and insider tips that will propel your self-storage investing journey toward prosperity. Get ready to unlock the potential of this lucrative (recession-proof) industry and embark on a path to financial freedom.
Self Storage Investing
Leveraging Insurance Policies For Business Capital - Steve Parisi
In business, capital is everything, so we always have to find new ways to acquire it. In today’s episode, Steve Parisi joins us to discuss using insurance policies to fund an investment. Make sure to hit that play button to learn the advantages of cash value life insurance and its vital role in building capital, and the disadvantage of utilizing it that you need to know.
WHAT TO LISTEN FOR
How much cash can you access from a policy?
Different tax benefits or tax consequences from an insurance
A unique strategy to leverage insurance for wealth growth
What is the biggest drawback of whole life insurance?
RESOURCES/LINKS MENTIONED
Becoming Your Own Banker by R. Nelson Nash | Paperback https://amzn.to/3PH2gKA& Audiobook https://amzn.to/3lKRLs4
Bank on Yourself by Pamela Yellen | Paperback https://amzn.to/3MMYZre & Audiobook https://amzn.to/3z01rXx
Ready, Fire, Aim by Michael Masterson | Paperback https://amzn.to/3lFID85 & Audiobook https://amzn.to/3zfVgyL
$100M Offers by Alex Hormozi | Paperback https://amzn.to/3LNllYt & Audiobook https://amzn.to/3PBwj6m
ABOUT STEVE PARISI
Steve Parisi has been in the financial services industry since 2011 after graduating from Moravian College. He began in Medicare and Final Expense Insurance, but seeing it was not a good fit, moved on to a role as a Case Designer for High Cash Value life insurance policies at an individual planning firm. Two years later, Steve transitioned into a role where he modeled High Cash Value policies for corporations. In 2015, Steve began an independent venture and started his company, IBC Global Inc. Starting out in a garage with two desks and one part-time assistant, he was focused on helping individuals set up High Cash Value policies. He quickly discovered a need in the industry that more agents are essential who are interested in helping their clients, instead of gaining a high commission. Due to his tireless determination, the company produced $115,000 in revenue that year. IBC Global Inc. has grown into a full-functioning professional office with over 40 W-2 employees. The company continues to hold the same high standards of education, prompt and thorough service, and a follow-up process second to none. While being highly dedicated to his work, Steve always manages to have quality time with his wife, Tara, and dogs. He also is a runner and gives priority to his volunteer work where he educates his neighbors about the Bible.
CONNECT WITH STEVE
Website: https://ibcglobalinc.com/
Email: info@ibcglobalinc.com
Facebook: https://web.facebook.com/IBCglobalinc/
YouTube: https://www.youtube.com/c/ibcglobalinc
Twitter: https://twitter.com/ibcglobalinc
Linkedin: https://www.linkedin.com/company/ibcglobalinc/
CONNECT WITH US
Website: https://www.selfstorageinvesting.com/
Facebook: https://www.facebook.com/selfstorageinvesting
Twitter: https://twitter.com/SelfStorageGuy