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Episode 92 – Asset Protection Strategies for Real Estate Professionals

Asset Protection, Be Your Own Bank, Estate Planning, Family Banking, Financial Privacy, Generational Wealth, Legal Structures, Tax-free Wealth, Trusts / Wills
November 5, 2024

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In real estate, the path to success is as vital as securing your assets. Managing substantial investments demands thoughtful planning—not just to preserve your gains, but to nurture them for future growth. Private Banking Strategies® provides an innovative solution, empowering you to create your own private banking system and take charge of your financial future. This approach maximizes the potential of your money to work effectively for you.

In this episode of the Massive Passive Cash Flow Podcast, host Gary Wilson chats with Vance Lowe of Private Banking Strategies® on how building your own personal banking fortress is the most powerful way to protect and expand your investments.

 

Vance and Gary discuss:

  • Making Your Money Work for You: Where to Invest and Store Your Wealth
  • The Advantages of Building Your Own Private Banking System
  • Self-Financing for Real Estate: A Guide for Anyone Seeking Asset Protection
  • Expanding Your Investment Horizons: Applying This Strategy Beyond Real Estate

 

Podcast Transcripts

[00:00:00] Intro: Welcome to Private Banking Strategies Podcast with Vance Low and Seth Hicks, your secret weapon to protect your assets and never have to start over financially again. Vance and Seth help high net worth individuals, families, business owners, and investors, structure and asset protected tax-free fortress for their families.

[00:00:21] Intro: Learn how to keep what you earn and use the velocity of money. To create your own private banking system. Join us on this journey as we explore the secret strategies of the rich and political elite and help you take total control of your financial security Now onto the show

[00:00:38] Host: advance. First off, I just wanna say thank you for doing this, taking your precious time, you bring a wealth of knowledge to the table and uh, we’re really grateful to have you on board.

[00:00:46] Vance Lowe: It’s so great to be here, Gary. I really look forward. I’ve looked at a lot of things that you’ve done. I’ve actually had comments from some of our clients. The work you do for people is just outstanding. [00:01:00]

[00:01:00] Host: Oh, well thank you. I appreciate that. I, this has been so far a really good week ’cause I’ve had a lot of really positive feedback, comments just like that.

[00:01:08] Host: So thank you. Thank you so much for, for sharing. We, we have interesting backgrounds, but both of us have a banking background. I ended up ranching off with her at our early retirement in the real estate. And it looks like you’ve actually taken it to the next level into the, the how the industry’s changing in a new, the new world of banking where maybe we’re more self-reliant and not have to rely on the big banks like we used to, you know?

[00:01:33] Host: So if you wouldn’t mind, just kind of fill people in. When you say be the bank, what actually does that mean? You know,

[00:01:38] Vance Lowe: I wanna take us back to what made America so powerful. Back in the beginning, we rose from literally nothing and became the most powerful nation on the planet, and it was because of the type of banking that we had in our country at that time.

[00:01:58] Vance Lowe: That is no [00:02:00] longer in existence. And what we are doing, my cause is to bring back that old style banking. So as a banker, no I don’t have that background. I could say I’m more into a cause. Against the way the banks are today. Yes. And the problems that they’re causing. So this is self banking and we’re trying to bring back this old style.

[00:02:26] Vance Lowe: Did you know Gary, that most people, when there wasn’t such things as branch banking, where they kept their money, they kept them in specifically identified insurance contracts built to create the perfect. Private bank, they could warehouse their money there. They could get six, 7% interest guaranteed on their cash value.

[00:02:49] Vance Lowe: They could borrow the money anytime they wanted, put it back, and they did the self financing all the way through this. So this is a place to store money until you can put it [00:03:00] to work. I think we’ve got a lot of things we can talk about and ideas with your successful people as they go along. Where are they gonna.

[00:03:07] Vance Lowe: Put the money until they can put it back to work.

[00:03:10] Host: Yeah. Well that’s a good question. Especially these days with inflation, of course, the, um, the spinning heads, what you think it’s 8.5%, but your pocketbook will tell you differently. It’s much more than 8.5%. Um, mortgage interest rates went from 3% this time last year to over 5% now.

[00:03:27] Host: So the stock market’s down. I think Nasdaq. 20%, the Dow almost 10% and the s and p 500, about 13%. So all those things tell us, well we, we’ve gotta figure out what to do with our money to at least stay ahead of inflation if not get ahead. You know, I’m obviously curious ’cause we have real estate, we have the stock market, things like that.

[00:03:45] Host: But, but I’m thinking there’s gotta be other ways and maybe insurance is the way to go, you know?

[00:03:50] Vance Lowe: Alright, well let me go back and tell you how I kind of entered this. A little bit of of my background was a financial advisor and a money manager. I would [00:04:00] handle very large portfolios for people and we did a great job.

[00:04:03] Vance Lowe: We didn’t wanna be the biggest, but we did want to be the best there was out there. So we tried hard and we couldn’t negate. The risk factor in the market, you know, the economy factor and everything else. One day one of my clients come in and brought me a knit, uh, book, uh, I don’t know if you’ve ever had your course in life changed dramatically.

[00:04:25] Vance Lowe: But he brought me this book. I read it. I immediately went into my partner and said, partner. That day has come. And he looked at me with a serious face and said, what are you talking about? He said, remember when I brought you in and we started this company that someday you were gonna make me a lot of money?

[00:04:43] Vance Lowe: And he smiles and says, yeah, says that day’s come you’re buying me out. So that’s how this thing started. This book was called Becoming Your Own Banker by r Nelson Nash. Anybody can download this book off of amazon.com. [00:05:00] But at the time, the author r Nelson Nash, they had a phone number and I called his office and he actually answered the phone and I asked him, I said, I’ve read your book.

[00:05:11] Vance Lowe: It really upsets me. I’m supposed to know everything there is to know about money, and I don’t know any of this stuff. And he laughed and he said, I’m not laughing at you. I hope you’ll let me laugh with you. And I said, I’m also depressed. Where was this 30 years ago when me and my clients could use this?

[00:05:30] Vance Lowe: Mm-hmm. In advance. You still have every opportunity. For what time you have left, it just might not be big enough, as big as somebody who started a lot earlier. So this is self banking. It’s all about understanding how money works. Money only works when it’s in motion. If it’s sitting in accounts, it’s only helping the people who actually have your money.

[00:05:54] Vance Lowe: Mm-hmm. So we try to put money in accounts like savings, uh, mutual funds, [00:06:00] stocks, bonds, or whatever else, hoping we can get a return. We have to take all the risk, but the people using the money will double that money on the average every two and a half years. This is the lending world. If we finance every single thing we purchase, well, Gary, haven’t you heard this before?

[00:06:18] Vance Lowe: You can never spend principle in order to really become wealthy, but yet what we all do, right? Yep. Everybody around us, but that’s still a fact. And so in the banking world. Don’t the banks always get the money back? Say there if the banks can get the money back. So can we. So we teach clients how to get a hundred percent of their monthly expenses back every month.

[00:06:44] Vance Lowe: Now we’re not spending principle, the 10% rule. Always pay yourself first, okay? Mm-hmm. Store your money where someone can’t take it. Are you familiar, uh, with the Dodd-Frank Act at all? Yes.

[00:06:57] Host: In certain aspects? Yep.

[00:06:58] Vance Lowe: Okay, so the [00:07:00] Dodd-Frank Act talks about bail ends instead of bailouts. Uh, what people might not understand is when you make a deposit in a bank, ownership changes right then and there.

[00:07:10] Vance Lowe: Mm-hmm. You become an equity owner for that amount in that bank. They now own the account. If they have to seize it to shore up the bank, they can do that. And you now have stock in a worthless bank with no timeframe. It’s the bottom level. Mm-hmm. So we don’t like that. Where’s a better and safer place to store money get gain, and while the money’s in there, it’s guaranteed a minimum amount plus.

[00:07:37] Vance Lowe: These contracts I was telling you about, Gary also make you an owner of the life insurance company. Now you own the insurance company, you get the profits. Now you can’t steal from your company. It’s just like in real estate and everything else. If you have a company, in order for the company to exceed expectation, you don’t even get a discount.

[00:07:58] Vance Lowe: You pay full price in [00:08:00] your own company. Okay. Well, with the bank too, you don’t get to borrow money and not pay it back. But if we set up our own banking system and self-finance, it’s incredible. How would you like on the average to have and double assets? Totally income tax advantaged every two and a half years.

[00:08:19] Vance Lowe: So we miss it by half. So it takes us three or four or five. Everybody’s heard of the rule of 72 in order to, you know, double your money right times the interest. Well, everyone wants you to believe that well, maybe we can get 8%, maybe we can get, you know, more than that, but we can’t. The average before taxes through my whole life is, is 5%.

[00:08:45] Vance Lowe: If I can average a client long term, 5% interest. Everybody’s happy or not. Banks will double. They make today because of factoring about 3000% of what we make on [00:09:00] our deposits, there’s just so much to talk about the banking. What I’d really suggest as the people become successful and they turn their properties, explore how to put money outside the banking system into their own bank.

[00:09:17] Vance Lowe: This is what the banks don’t want us to know. They can’t control it. And guess what? There are no taxable events inside your economy. So I’m bouncing around a little bit, Gary, but the first thing that the Federal Reserve did when they, and I’m gonna say this. They conquered our country in 1900 with the stroke of a pen and has run our country ever since We think we vote on a president and all the politicians, they’re totally controlled and run by the Federal Reserve.

[00:09:48] Vance Lowe: It was the Federal Reserve in 1913. Who mandated the IRS. Also the current Ponzi scheme, which is social security. Yeah. They required that. I’ve [00:10:00] got articles around that to sell Social Security. They took out newspaper ads and put in newspaper ads. We are going to tack up to $13,000 of your annual income and will never exceed that.

[00:10:13] Vance Lowe: We’ll never tax anything additional that lasted for. Just a few years before it’s up and now it’s unlimited. But the worst thing, Gary, is that they took over the control of the education system. Now, if we understand who owns the Federal Reserve, they are not Americans. And look at the. Socialism and all the programs coming out of our kids today.

[00:10:37] Vance Lowe: They’re not like the baby boomers, for instance. So what they took out was this old style system. Every family unit was literally independent. You look at the pioneers, the pilgrims, they’d have to go out. They didn’t have stores around. They were self-sufficient or they perished. They didn’t have banks, so they had to put their money someplace.

[00:10:56] Vance Lowe: So these old contracts, these are [00:11:00] participating mutual whole life insurance carriers mm-hmm. Who are friendly to the banking system. But let’s put out a little warning here. If you go try to set up this type of account and move money in and out, say with, uh, New York Life, metropolitan Northwest Mutual.

[00:11:17] Vance Lowe: Who are fantastic companies and they have fantastic contracts, they’re against self banking. You get investigated for money laundering. ’cause it’s a typical situation where if you put money in and you take it out and then you pay yourself back and move money in and out. So. I hope might water the juices in our creative thinking.

[00:11:40] Vance Lowe: Mm-hmm. That there might be a safer, better way to store our money and grow it all the money inside your bank and life insurance carrier when you go to pull money out and reinvest it in real estate. Did you know that it still earns interest with the life insurance company as well? In

[00:11:57] Host: other words, you have a whole life policy, which means you have a [00:12:00] cash value.

[00:12:00] Host: So instead of borrowing from the traditional bank, like Bank of America, for example, you’re now borrowing against your cash value is, am I on the right track so far?

[00:12:09] Vance Lowe: Yes. But you don’t borrow your own cash value. You borrow against it. So your cash value continues to be there earning a guaranteed rate. Now you’re gonna borrow from the cash reserves of the life insurance company, but you get.

[00:12:24] Vance Lowe: Preferred treatment ’cause you’re an owner, you get head of the line, you get two questions. How much do you want or do you want it sent? Mm-hmm. Nothing about payback. What are you gonna use it for? None of that stuff. Okay. You will pay the interest rate that the company needs to make, you know, on a, a wholesale basis so that it doesn’t hurt the company and it creates the profit.

[00:12:46] Vance Lowe: Okay? Mm-hmm. Now that’s the other thing is profits. All of these companies have never. Missed a year in profits. Think of Civil War. We’re going back 150 years or more with these [00:13:00] companies, world War ii, all the depressions, everything else. They’ve never failed to pay profits. Right now, this year they’ll probably be around three.

[00:13:10] Vance Lowe: Back in the seventies, they were up to 21%, if you can believe it all taxed advantaged. So let me give you one caveat that people probably wouldn’t think about. Okay. ’cause everything we know about money comes from banks and they get it back. Okay? We get to spend it once and it’s gone forever. Mm-hmm. We have to go back to the drawing board, re-earn additional money, pay everybody the taxes so that we can net income in the real estate business or cell phone businesses that could be as high as five to one.

[00:13:43] Vance Lowe: Every dollar you spend at home, you gotta go earn $5. Okay. Pay everybody down the line so that you can repeat, and that is the formula of what I call insanity. Just repeat. Repeat. Mm-hmm. Repeat. Let’s not do that anymore. [00:14:00] Let’s get the money back and build from there so that every single month you’re better off than you were the month before.

[00:14:06] Vance Lowe: Doesn’t matter about the market. Okay? If we we’re into real estate, okay, real estate goes up, it comes down, and we’re either buying. Or we’re selling Okay. Or we’re taking income, you know, off of our properties. I just wish Gary, I’d have known you a lot more. ’cause I think I could have really used your services.

[00:14:25] Vance Lowe: ’cause I’ve been in real estate heavily. Mm-hmm. Almost all my life. That’s where I put my money thinking that that’s where I needed to be. Now, most of it, to me, this LA last year and, and this year is a, a sell year for me. Some commercial property and some residential income property I’ve been selling.

[00:14:44] Host: If you’re looking to sell anytime in the next three to five years, seven years now would probably be the time to do it.

[00:14:51] Vance Lowe: Yeah, and it, it’s always, I think we’re always gonna get complaints whether we win or lose, but I would much rather hear the complaint that I got out a [00:15:00] little too early.

[00:15:01] Host: Yeah.

[00:15:02] Vance Lowe: Then I got out too late.

[00:15:03] Host: Oh yeah. Well, there’s so much risk to waiting. It’s pretty evident we’re at or near the top of this market.

[00:15:09] Host: It’s evidenced by the fact that people have been overpaying out, bidding each other, waiving contingencies, things like that. And, and that’s always the precursor to the bubble bursting. And, um, on top of all that, if the stock market’s down since, since January 1st, right? You got inflation, you got interest rates all going up, and all the ingredients were there.

[00:15:31] Host: I wish people would sometimes turn off the television ’cause the media wants them to keep confidence up when it comes to their pocketbooks, so they keep spending. The reality is it’s going to turn, we don’t know. We can’t tell you when, but it’s going to turn. So my, my logic is why wait? Why not take advantage of the market now and get the get top dollar?

[00:15:47] Host: ’cause if you wait, prices may go down. They might say flat, but, but it doesn’t matter. The government is bent, determined to raise capital gains or raise income tax and until you’re likely to have to pay more out, you know, by selling, by waiting and [00:16:00] selling.

[00:16:00] Midroll: Did that story feel like it was about you? Do you feel like you are generating a lot of revenue?

[00:16:06] Midroll: But are not moving forward as fast as you would like. Do you feel you should be making more progress toward your financial goals? Do you feel stuck? Let us help you get unstuck. Are you ready to take action and get your own private bank? Please visit us at www.privatebankingstrategies.com.

[00:16:30] Host: But maybe walk us through an example, maybe a, a teacher or a fireman that has a regular job, regular pension, and they’re hearing this, how can they, what’s maybe a, a case study or a practical example of how they can utilize this, how they get started, how they can leverage it to buy a piece of real estate and.

[00:16:48] Host: And things like

[00:16:48] Vance Lowe: that, you know? Alright. That’s absolutely a, a perfect entrance into self financing. Anybody can, can do this. The advantage comes from where you store the [00:17:00] money. A lot of people will do this with credit cards. I teach people how they can, and this was years ago, how they could gain 10 rental properties and paid free and clear with a $15,000 limit credit card.

[00:17:12] Vance Lowe: They would just solely use that ’cause the, you understand the tool, well, let’s finance something. Let’s just take an average individual out there and they buy cars and now it’s on the back Half of that loan they owe, let’s say $10,000 and their monthly payments, $500 a month. Well, they got money sitting in a seventies account.

[00:17:35] Vance Lowe: They’ve got money sitting over here wherever they’ve got some money and it’s in those accounts. Trying to earn interest. They have some stock, some mutual funds, whatever, trying to earn an interest. Well, they’re missing the most lucrative opportunity possible. So let me show you what would happen. What if we woke that money up, took $10,000.

[00:17:59] Vance Lowe: [00:18:00] Bought that debt. So there, there has to be kind of, we have to set up our own banking or lending company, so we do that. It’s simple to set up and run. You can literally do that with a dedicated personal checking account, and that becomes your lending company’s checking account. We don’t use tax numbers or IDs.

[00:18:18] Vance Lowe: We don’t need to. Okay, this is gonna be our own personal economy, and in our economy there are no taxable events. The money going into our economy has to have taxes paid on it. So we’ve got this money, taxes are paid on it. Okay? We now go to GMAC. We pay off that. We, we put the money into our lending company, and our lending company goes and buys that debt.

[00:18:45] Vance Lowe: Now, Gary, you have to split yourself in two, the guy in the mirror looking back at you. Mm-hmm. He’s your client. If we run a personal economy, our, our household, then. We can’t steal from it, but yet the guy [00:19:00] in the mirror has been living in our house, eating our food, driving our cars, playing with our toys and kids free.

[00:19:05] Vance Lowe: What’s gonna happen with this car is they’re going to get a payment address change. Now here’s what happens. Let’s just do the math. I’m gonna put $10,000 to work. Let’s say the interest on this car is eight and half percent. That’s pretty normal if you’re not into gimmicks. Okay, I Vance Lowe’s Lending Institution would buy that debt in a heartbeat.

[00:19:29] Vance Lowe: There’s three things that I know. Eight and a half percent. $10,000 to buy the debt. $500 a month payment if interest is of no interest to me. Now I only have two numbers. Amount I’ve gotta put to work and the monthly flow back to me. So money is made based on velocity of return. What is 500 times 12?

[00:19:53] Host: 6,000.

[00:19:54] Vance Lowe: Okay. So to calculate the volume rate of return on this loan, I would take [00:20:00] the 6,000 and I would divide it by the money at work. Mm-hmm. That’s a 60% annual volume rate of return. Is that high enough? Sounds good. So, so far, how long would we like it to last?

[00:20:15] Host: Yeah, that, that, I’d like that forever. Yeah.

[00:20:17] Vance Lowe: It’s not about getting the 10,000 back, it’s about getting all the money back on cars. Mm-hmm. Until I have to assign it to something else. So over a five year period of time, that becomes $30,000. Right. If my math is correct, but that’s not why people come to me. That’s not the banking power. The power comes from when that $6,000 come back, what do you do with it?

[00:20:47] Vance Lowe: Mm-hmm. If you turn around and buy more debt at the same rate of return, that generates an additional $3,600. So I’ve got 6,000 in year one. In year two, I’ve got [00:21:00] 6,030 600. And in year three, I’ve got 6,036 and 36. You see, I’m putting each $6,000 and buying more debt. That alone puts it at over $70,000 back in hand in five years.

[00:21:18] Vance Lowe: Now, how hard did I have to work to do that?

[00:21:21] Host: Yeah, that that not very hard.

[00:21:23] Vance Lowe: Okay. How much risk did I take? I’d saying to the contributors, I don’t see any risk

[00:21:27] Host: there.

[00:21:28] Vance Lowe: You know, the only risk is that guy looking back at you in the mirror. Now, if he’s a shade of character, we all got problems, okay? Mm-hmm. He’s gotta make his payment.

[00:21:37] Vance Lowe: But what if we make a mistake? How hard would it be to renegotiate that loan since your lending company owns it? You see what I’m saying? It’s the flow of money that’s critical. Just because it’s in your own circle doesn’t make it less beneficial than someone else’s circle. Okay. In your circle, it’s much more private.

[00:21:58] Vance Lowe: There are no taxable events. [00:22:00] You end up with $70,000 at the end of five years, no taxes because it all was generated within the velocity inside your own little economy, and they don’t want you to know that you can run your own economy. Another word for economy. Did you know that the education system back before 1913 schools literally would teach kids, families, education system on how to go out and start your own economy?

[00:22:30] Vance Lowe: In other words, start your own town. So how do you run a town? You attract money. You want that money to stay in town, and you want that money to move all over town. Yeah. So how many times can we use a dollar in town? How many times can you use the same dollar over and over again in your own personal economy?

[00:22:50] Vance Lowe: And that’s how we grow from a $10,000 money at work to $70,000 without tax. Every time it stops, Gary, you get a [00:23:00] new dollar’s worth of product or services. This is private banking, so I hope we’ve generated a little bit of interest. We have what we call a red pill book, and it’s free. They can just go on the website and and download it.

[00:23:13] Vance Lowe: It tells a little bit more about my history, but it gives a good snapshot of what can happen with private banking. Okay, what’s the name of that book? The name of the book is what the Banks Don’t Want You to know, and you can download the hard copy or an audio version. So because of real estate, there’s one more aspect that we do here, and that is we have seven pillars of what we call protection.

[00:23:39] Vance Lowe: All this real estate that I personally own is low hanging fruit for somebody to, that wants to come take it away from me. So we protect that equity stripping, all kinds of things to protect that. I’ve got a ranch that I bought originally, bought it for $50,000. I’ve got a lien against it for [00:24:00] $500,000. I just so happen to own the company that has that lien along with my house, along with all my other.

[00:24:07] Vance Lowe: Investment properties, we’ve equity stripped out and they filed a lien so that there’s no equity and nobody can do that. And so it’s good asset protection that we also provide for people who own. We call low hanging fruit.

[00:24:25] Host: Yeah, and there was one thing I did read about, I wanna ask, I, I know we’re getting probably close on time here, but in the world of banking and money, there’s now of course cryptocurrency.

[00:24:33] Host: It’s been out for a dozen or so years, and now it’s really been getting a lot of attention the last, particularly the last year, and everybody’s asking about it, how do you keep your crypto and the other wealth? What you were just describing there with your, like the house and the car and all that, are you basically getting a, a bigger whole life policy or a separate policy, or is there trust involved or how does, how does that part work when it comes to other wealth like crypto?

[00:24:58] Vance Lowe: Okay. We are [00:25:00] very heavily involved with many, many clients that are millionaires in crypto and where it’s at right now and where it’s going. There are two strategies we help people provide. Anyone listening can, uh, log into the website and they can get. An analysis, we can show them with their numbers, what it will look like if they do the strategy versus staying the way they are side by side.

[00:25:26] Vance Lowe: It is a true comparison because it’s only math, no projections for crypto. There’s the second windfall, and for your guys, it’s also a second windfall, uh, or second strategy called the windfall strategy. What happens when large sums of money comes in? How can you get that in Because you can’t dump it in a life insurance contract all at once, or it becomes a modified endowment, which means traceable and taxable.

[00:25:53] Vance Lowe: Well, in crypto, most of us wanna be private. The banks aren’t very friendly to the money there, and so [00:26:00] trusts are involved. I am not that expert. Okay? Mm-hmm. I use these guys. To do my crypto. And so I would recommend people if they’re not under the tage of someone, if they’re not their own experts, then maybe they should like Gary, like you or me for banking, find out what that is.

[00:26:21] Vance Lowe: So it’s a series of contracts that you know you can have contracts not on your life, these life insurance contracts.

[00:26:29] Host: I did learn that when I was married you could have a contract on your spouse, for example, and,

[00:26:34] Vance Lowe: and spouse, kids, grandkids. I now have in my banking system, 16 contracts. Hmm. Nelson Nash, and this is something you guys could really look at, the Nelson Nash Institute ibc.org is, and you can get all kinds of good information.

[00:26:50] Vance Lowe: But my guru who sent me to initially teach me had 100. 53 policies that he owned. Of course not on his [00:27:00] life. Okay. I’ve only got two on my life. The restaurant Family life and partners, and anyone I can get an insurable interest. ’cause your bank grows. You’re limited with each contract on, on how you set it up.

[00:27:14] Vance Lowe: And once you outgrow that, you just do another one, another one. And we have a way to multiply somebody’s total insurable interest. Each person has a limit based on income. How much? Insurance companies will issue. We don’t really care about the death benefit in this scenario ’cause it’s the least we want to go after.

[00:27:34] Vance Lowe: But if we exceed that, will somebody else write us more insurance? Well, if you do it right, the answer’s yes. If you do it wrong, the answer’s no. So yeah, it, it can happen. Okay.

[00:27:45] Host: Well that’s really good news, especially for a lot of people listening. I know there’s a lot of business owners that, that follow our podcast, and of course, most, most of them are also investing in real estate.

[00:27:55] Host: Or would like to, and we, and we do a, we have a, they’re not all business owners. We have a lot of [00:28:00] professionals, actually some professionals who are also business owners, you know. But information like this gives us hope. It’s, you know, we’re basically using what the world offers in a way of different products and services, and utilizing the good parts of the IRS code, turn our revenue code so that we can keep more of what we make and build and do it correctly, you know?

[00:28:21] Host: So, so what’s, so what’s next? How can people, uh, get ahold of you? We got the website banking strategies.com. You mentioned the book. Is there a, you have your own podcast, like what’s the best, if somebody wanted to, to learn more about this, what’s the best thing they could do?

[00:28:35] Vance Lowe: Yeah, just go on the website, there’s a little questionnaire if people wanna put their numbers in.

[00:28:42] Vance Lowe: We will do a free eight year analysis. We’ll have a phone call to go over it. We’ll set up a, a webinar to go over that analysis. We’ll record that analysis and send it to people. Okay, then. Then in other words, we like to have people test drive this before [00:29:00] they decide, Hey, I want this strategy. So downloading the books, reading that, listening to the podcast, most people, referrals that we get come in off of our website saying, look, I’ve done it all.

[00:29:12] Vance Lowe: I’m ready to go. How do I get started? Versus. What is this all about? Yeah, so that would probably be the recommendation and just getting more information. Gary, maybe to you. I love this opportunity to talk to people. I, I know people

[00:29:31] Host: personally to do this. In fact, I took classes to be able to do this, so I, I understand.

[00:29:36] Host: And I think it’s an excellent strategy. It doesn’t matter if you’re 20 or or 60, I mean the different circumstances of course, but you can use this. In fact, the probably the sooner you start the better. And if you’re an agent, check it out for yourselves to see how you can make this part of your business model.

[00:29:52] Host: And if you’re an investor, now you know where to go. Get yourself an investor agent.

[00:29:56] Outro: Did that story feel like it was about you? Do [00:30:00] you feel you should be making more progress toward your financial goals? Do you feel stuck? Let us help you get unstuck. Are you ready to take action and get your own private bank?

[00:30:12] Outro: Please visit us at www.privatebankingstrategies.com. Thank you for listening to the Private Banking Strategies Podcast. Click the subscribe button below to be notified when new episodes become available.

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