How to Buy Wealth With Jamisa McIvor

Better Than Success Podcast

In this week’s episode, join us for a Q&A with Jamisa McIvor. Jamisa is a CEO at Rosebud's Investments LLC. She has become one of the most powerful self-starting female millennial entrepreneurs that have taken the real estate industry by storm. Jamisa has created a welfare-to-work program under her company's umbrella that serves both single and married mothers by providing them with the tools and resources to understand that there is another way to provide for families and relieve them of their dependency on the system. We talk about her experience and investment strategies while answering your most pressing questions on how to scale your own property investments. Sit back, relax, and listen here for this informative Q&A with Jamisa!

In This Episode:

• [ 04:41 ] Introduction to Jamisa McIvor.
• [ 09:59 ] The strategy Jamise behind taking a property and not having a mortgage.
• [ 13:21 ] How Jamisa started with infinite banking.
• [ 19:02 ] How to use whole life dividend paying policies to borrow against yourself as a banking system.
• [ 27:55 ] Jamisa’s strategy on flipping properties.
• [ 40:17 ] Don’t let competing on social media distract you from your goals and the vision for your life and business.
• [ 47:32 ] When it comes to using a whole life dividend paying policy, make sure that whatever you put in, you can afford to keep up, because this is something that you would have to pay into annually for years to come.
• [ 51:12 ] What is infinite banking?
• [ 01:12:29] What is generational wealth?
• [01:16:45] Do you need to submit an extensive health review or physical to apply for a policy?
• [1:22:36] What are Jamisa’s three most impactful books shes read on her journey thus far.
• [1:31:03] How Jamisa balances entrepreneurship and motherhood.

Takeaways:

• You don’t have to depend on and compete on social media for your business. Keep sight of your goals and values while looking into generating other income sources as well.
• How Infinite Banking or being your own bank work’s is when you buy whole life insurance, you have the premium amount and the cash value. As you're buying whole life insurance over time, it's a little bit in the beginning and as you get closer to the maturity date it's accruing cash value up into the face value of the policy. The important part to know is that you can always borrow the cash value of your policy. With policies, you can borrow money from yourself and earn from it.
• Have knowledge about your daily operations. Having that knowledge is where you can learn and get creative. People can take away your money and resources but they can’t take away your knowledge.
• Not all whole life policies are created equal. If you're going to use strategies, you have to buy policies that accumulate cash value early on.

Links:

Jamisa’s LinkedIn

Jamisa’s coaching website

Jamisa’s company website

Guest Bio:

Jamisa McIvor has become one of the most powerful and self-starting female millennial entrepreneurs that have taken the real estate industry by storm.

Her journey started from a novice property owner to a deed holder of 25 mortgage-free properties purchased through her company, affectionately named after her grandmother, Rosebuds. She got started in real estate when she purchased her first home from her grandmother. Fueled with courage, willingness, determination, and confidence, Jamisa begins mastering the craft of real estate, that initial investment catapult pulls Jamisa into becoming a skilled and innovative investor that serves as a stellar example to those desiring, to become new investors and entrepreneurs and innovative spirit.

Jamisa has created a simple strategic investment plan that alll people of all ages and all walks of life can implement. A wife, a mother to four young children, and a servant leader at heart, Jamisa teaches women how to balance motherhood and wealth at the same time.

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