✅ SUBSCRIBE ✅
[ Ссылка ]
When people think of debt, they’re usually thinking of what’s called “bad debt.” However, when used the right way, debt can actually give you financial leverage, which can make buying properties much easier.
Think of debt as being like a hammer. A hammer can destroy, but it can also be used to build things when used properly along with nails.
When you use debt for the wrong reason, on the wrong things, you can ruin your finances and destroy your future. However, if you learn to use it the right way it can accelerate your financial growth and lead to prosperity.
Here’s the difference between good debt and bad debt (Dave Ramsey and Suze Orman are keeping this a SECRET, by the way):
The bad version is any money you use to buy things that depreciate in value. For example, when you rack up credit card debt in order to buy shoes. Those shoes may look good, but they won’t help you get your money back.
Good debt, on the other hand, is money that you borrow in order to make more money.
This idea of borrowing money to make money is called financial leverage and it’s what wealthy people do to get wealthier.
Here’s an example: Let’s say you want to purchase a 10,000 dollar asset that offers an 8% annual return on investment. You then go to the bank and borrow that 10,000 dollars at 5% APR. By agreeing to that loan, you can net 300 dollars a year without having used any of your own money.
The issue with debt is simply how you use it. When you avoid bad debt and focus exclusively on creating financial leverage, you can invest more without using your own money. Learning how to use debt the right way is a great way to expand your portfolio.
======================
My name is Matt Theriault. When aspiring, frustrated investors are stuck in the proverbial “rat race,” they come to me.
I help these people create passive income through creative real estate investing strategies so their money works harder for them than they do for it, resulting in ultimate financial independence and freedom.
Whenever you're ready, here are some ways I can help...
If you’d like…
✅ to brainstorm some ideas about your real estate investing and the potential of working together, watch this [ Ссылка ]
✅ to find off-market deals, regardless of market conditions, watch this [ Ссылка ]
✅ to know how to present a deeply discounted offer to a seller so that they happily sign your contract, watch this [ Ссылка ]
✅ to learn the best way to make money investing in real estate next year, watch this [ Ссылка ]
✅ a simple easy-to-follow "game plan" that pulls it all together, watch this [ Ссылка ]
✅ to do deals and build wealth, check in here for weekly episodes and also subscribe to the #1 real estate investing podcast at [ Ссылка ] – We give it all away for free and hold nothing back.
✅ to see the latest tools and resources Matt uses in his real estate investing business, take a look at this [ Ссылка ]
💰 to get quick access to $50K to $150K for your next real estate deal, you can at [ Ссылка ]
🔥 to Go FASTER in Your REI Business, watch this [ Ссылка ] OR Text "FAST" to (505) 605-6065
IF YOU THINK THIS VIDEO CAN HELP SOMEONE ELSE, PLEASE SHARE!
Follow and connect with us here for more cool stuff:
Podcast: [ Ссылка ]
Instagram: [ Ссылка ]
Facebook: [ Ссылка ]
Twitter: [ Ссылка ]
LinkedIn: [ Ссылка ]
DO YOU HAVE A PROMISING BUSINESS VENTURE TO SHARE WITH MATT
Connect with Ashley Montion, Director of Everything Awesome at Epic:
amontion@epicrealestate.com
QUESTIONS ABOUT EPIC PRODUCTS AND SERVICES, CONTACT SUPPORT
support@epicproacademy.com
Ещё видео!