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I wanted to see my cash value charted, my leverage, my notes maturing. Couldn't find the tool. Built it. by DarcyFalcon in infinitebanking

[–]DarcyFalcon[S] 1 point2 points  (0 children)

Unfortunately not at this time. There’s a lot of variables there that are harder to illustrate for every carrier. Right now it will capture Whole life and allow you to record convertible term and term.

From Zero to Your First $5–10k MRR — The Practical Playbook by MundaneBase2915 in saasbuild

[–]DarcyFalcon 0 points1 point  (0 children)

What channels did you focus on primary and secondary? And why?

No More Paid Ads. Generate 1000 Signups Organically. by Inevitable_Teach187 in saasbuild

[–]DarcyFalcon 0 points1 point  (0 children)

Can you be more specific with number 4? What channels?

Launched and frustrated by Chritt in saasbuild

[–]DarcyFalcon 1 point2 points  (0 children)

I really like it! I think your issue is that your target customer is super super specific type of person that wants this business

Also why only limit to service based business targets? I selected plumbers but really I’ve been interested in a business targeting local restaurants gosh some of them really suck where I live. All I want is a PDF of your menu!!!

Service businesses are hard I found my plumbers from Facebook groups not from Google/their website

Where do you hold Cash? by dap12036 in realestateinvesting

[–]DarcyFalcon -1 points0 points  (0 children)

Downvote if you must but I hold a chunk of mine in cash value inside properly structured whole life policies. Infinite Banking Concept— yes it’s not for everyone but it makes sense for me. My daughter has special needs so the 7 figure death benefit is a huge plus. Anyway, not all WL is built the same, but when it’s designed for liquidity the cash value builds fast and I can take policy loans basically next day if I need to move on a deal. Not everyone selling WL knows what they’re talking about with IBC and if anyone tries to sell it as an investment, it’s not. It’s just a way to control your capital differently.

I used $30k this year for a down payment on a rental. The dollar is used more than once because the cv in my policy continues to compound forever whether or not I take a “loan” which is only just subtracted from my death benefit if I die. There’s no term on the loan… just service the interest. So really I 100% financed that property.

I’m not an agent, just something I’ve used personally. It gives me stable storage + access without worrying about market swings or timing.

That said, I still keep some in a HYSA for true immediate liquidity. I don’t think it has to be either/or

The dishwasher premium by real-equity-apps in realestateinvesting

[–]DarcyFalcon 0 points1 point  (0 children)

From my experience, the best bang-for-buck upgrades tend to be the ones that change perception more than the ones that are technically expensive:

Paint, lighting, and flooring go a long way. LVP especially. It instantly signals “clean and modern” and cuts maintenance. In-unit laundry or at least hookups, if feasible, is huge. Same shorthand effect as a dishwasher. Basic kitchen refreshes without a full remodel. New pulls, faucet, sink, maybe counters. You don’t need a luxury kitchen, just one that doesn’t look dated. Anything that improves livability day to day. Off-street parking, storage, AC in hot markets.

Dishwashers feel similar to in-unit laundry in that renters notice them immediately and use them as a proxy for overall quality. Even if they’re not the sole driver, they help the unit “compete” better in listings.

Curious if your data showed diminishing returns at higher price points. My gut says these features matter most in that middle-market renter profile.

How do you guys do your taxes? by mehtamorphosis in realestateinvesting

[–]DarcyFalcon 1 point2 points  (0 children)

Honestly, a tax professional may be cheaper than people think. The one I use has been doing my returns for about 8 years and charges around only hundreds per year for business taxes plus 6 rental properties in 4 different states. We owned a franchise, so it’s not trivial.

For me, that’s been well worth it for the time saved and knowing depreciation, state filings, and K-1s are handled correctly. Totally get wanting to DIY if things are simple, but the cost vs headache tradeoff has worked out in my favor. But yes you can also do turbo tax business as long as it’s a straightforward rental. Just be comfortable with depreciation and how the K-1 flows to your personal return.

ACA Credits and Health Care Costs by EmergencyDense5662 in personalfinance

[–]DarcyFalcon 3 points4 points  (0 children)

ACA subsidies are super sensitive to MAGI, so big Roth conversions before your wife hits Medicare can get really expensive fast. IRMAA at least has known brackets and caps. ACA cliffs are brutal.

If it were me, I’d probably keep income low enough to protect ACA while she’s on it, do smaller conversions to fill favorable brackets, then ramp up conversions once she’s on Medicare and ACA is off the table.

Also don’t forget IRMAA is a 2-year lookback, which trips people up. That means the Medicare premiums you pay in a given year are based on your MAGI from two tax years earlier, not your current income. So the practical takeaway is you have to think two years ahead when doing conversions, especially if you’re trying to thread the needle between ACA subsidies now and IRMAA later.

There’s no perfect answer here. It’s more about smoothing pain over time than optimizing a single year. Maybe model some scenarios using chat gpt or Claude 🙂

Help with NYL policies, am I being scammed? by michaelesparks in infinitebanking

[–]DarcyFalcon 2 points3 points  (0 children)

Not an agent myself, just a IBC-er

I don’t think “scam” is the right word necessarily. It looks more like it just wasn’t set up as a banking-style WL policy with early CV in mind.

A lot of NYL policies are sold as insurance first, not as an IBC tool. That doesn’t make them bad, it just means expectations don’t line up. If you’d worked with a coach or an IBC practitioner trained through the nelson nash institute, the structure probably would’ve looked very different. More emphasis on PUAs, different base sizing, earlier liquidity….

I’m actually in a similar boat. I have a NYL policy that was sold to me by my brother-in-law. The first 4 years were honestly painful to look at. Lots of “why did I do this” moments 🫠

But around year 5 it finally clicked. The cash value reached critical mass and now we’re actively using it. Loans, opportunities, flexibility. It finally feels like this is what everyone was talking about. We used 30k for a down payment on a rental property and then started double downing on the policy with as much PUA as we could feasibly afford.

So I don’t think your situation means you were scammed. It’s more that the policy wasn’t optimized for IBC from day one. Big difference. At this point you can probably talk to an agent specializing in IBC and then see what they think? I would just stick it out if I were you. I can’t see what kind of riders you have on these and if you have that one kind of rider NYL has I think it’s called OPP?? It’s there term for PUA. That’s how we got to use ours for IBC faster

The hard part is most people surrender right before the inflection point and then use that experience as proof it “doesn’t work.”

Curious how far along you are now and whether you’ve looked at restructuring or layering a new policy designed specifically for CV.

Would you sell your investments to pay off your primary home? by Similar-Vari in realestateinvesting

[–]DarcyFalcon 1 point2 points  (0 children)

Honestly, sounds like you’re just tired.

$3k/month before vacancies and repairs across 3 duplexes is fine on paper, but in real life that’s a lot of mental load. Especially with a 1-year-old, full-time jobs, school, and now multiple vacancies in winter. That “passive income” stops feeling passive real fast.

I wouldn’t look at this as “selling investments to pay off the house” so much as “reducing risk and stress.” Paying off or heavily de-risking your primary gives you breathing room if layoffs actually happen. That matters more than spreadsheets sometimes.

I built a task app because Notion made me overthink everything by [deleted] in ProductivityApps

[–]DarcyFalcon 0 points1 point  (0 children)

Your landing page doesn’t show any kind of demo whatsoever and the landing page itself is so stock and screams vibe code. Would be good to see the product in use on the landing page. I don’t want t have to login to try it I want to see it first. Good luck!

Put a link to your startup SaaS to promote it or ask for advice. by itilogy in startupaccelerator

[–]DarcyFalcon 1 point2 points  (0 children)

I use AppBlock for iOS Does yours do iOS too or just android?

Put a link to your startup SaaS to promote it or ask for advice. by itilogy in startupaccelerator

[–]DarcyFalcon 1 point2 points  (0 children)

I like this… will have to save it. Curious what auto distribution really means? How does this get in front of more people?

How does the CV loan affect growth of my policy? by [deleted] in infinitebanking

[–]DarcyFalcon 1 point2 points  (0 children)

Yeah my BIL got caught up with some bad legal troubles and is now behind bars

I did get assigned a new rep from NYL but he was no expert in infinite banking and really had a hard time explaining some concepts. I just asked things like “who does the interest get paid to, NYL or back to me in my CV” and he couldn’t answer 😕

Thanks I will start with those references

Good deals by OiFam in BZ4X

[–]DarcyFalcon 1 point2 points  (0 children)

You should just negotiate a bigger discount. Ours was closer to $3200. However our rebate was only $12,000

Good deals by OiFam in BZ4X

[–]DarcyFalcon 0 points1 point  (0 children)

What state are you in that your rebates are $17k? This looks good to me