Kick the tires of my plan please!

[Joseph Schommer]

Hi BP community!  

I came up with a 5+ year goal setting plan for my family and would love some input! I've been drinking from the information fire-hose for the last year+ and have come up with a plan based around BRRRR, Turnkey and infinite banking principles.

I've already acquired two turn-key properties in Oklahoma (shout out to the incomparable Table Investments) and am looking to start my BRRRR journey in the next year.  I think the plan I came up with seems pretty reasonable, but since I am still new I'd love some feedback form the community.

Without further ado, here's the plan! 

Looking forward to hearing your questions, comments and critiques!

[Thomas Rutkowski]

@Joseph Schommer - Just make sure your policy is designed properly. The cash value in a properly-designed, maximum-overfunded life insurance policy should be about 85% of the premium dollars. You are putting your money to work in two places at one time and will achieve a higher overall growth rate, but you must catch up to where you would have been if you simply invested directly. In poorly designed policies, not intended for leverage into real estate, the cash value to premium ratio is much lower and it takes far longer than you might think to break even with where you could have been.