The Passive Income “Engine” That Gives You Financial Freedom | Bigger Pockets Video

Episode #219

Maximize Your Real Estate Investing with a Self-Directed IRA from Equity Trust:
link

Invest Smarter with PassivePockets! Start Your FREE 7-Day Trial:
link

Episode Show Notes:
link

Join BiggerPockets for FREE 👇
link

Buy the Book, “The Hands-Off Investor”:
link

Sign Up for the Passive Investing Newsletter:
link

Join Our Thriving Network of Passive Investors:
link

Connect with Russ:
link

Connect with Jim:
link

Connect with Paul:
link

Conventional financial advice keeps you tethered to Wall Street, locking up all your cash in retirement accounts and home equity. But what if there’s a smarter way for passive investors to build wealth? In this episode, we explore the strategies financial institutions adopt but don’t advertise—like using high cash value, whole life insurance to unlock capital and create real passive income.

Today, Russ Morgan and Joey Muré from Wealth Without Wall Street share how they’ve used over 30 whole life insurance policies to fund businesses, insure operators, and generate long-term wealth. They pull back the curtain on the infinite banking concept (IBC), a strategy for turning insurance into your own personal banking system, and demonstrate how your policy's cash value can outperform traditional investments.

This approach isn’t about chasing death benefits—it’s about building an income engine that continues to grow even while you borrow against it. Russ and Joey will show you how to create your passive income operating system, choose the right policy, and break free from conventional thinking to achieve true financial freedom.

Disclaimer
The content of this podcast is for informational purposes only. All host and participant opinions are their own. Investment in any asset, real estate included, involves risk, so use your best judgment and consult with qualified advisors before investing. You should only risk capital you can afford to lose. Remember that past performance is not indicative of future results. This podcast may contain paid advertisements or other promotional materials for real estate investment advisers, investment funds, and investment opportunities, which should not be interpreted as a recommendation, endorsement, or testimonial by PassivePockets, LLC or any of its affiliates. Viewers must conduct their own due diligence and consider their own financial situations before engaging with any of the advertised offerings, products, or services. PassivePockets, LLC disclaims all liability for direct, indirect, consequential, or other damages arising out of reliance on information and advertisements presented in this podcast.

00:00 Intro
00:48 Life Before Freedom
07:17 What Is Passive Income?
12:03 The Power of Infinite Banking
19:06 Why Not Pay Cash?
26:14 What to Know Before Buying
34:32 Is Whole Life a Scam?
42:06 Connect with Russ & Joey!