46 min listen
Debt Free or Financially Free? | 3rd Degree Thursday
Debt Free or Financially Free? | 3rd Degree Thursday
ratings:
Length:
18 minutes
Released:
Oct 2, 2014
Format:
Podcast episode
Description
It’s time to get clear: do you want to be debt free or financially free? Because they require completely different game plans. Today Matt addresses the differences in strategy and more while tackling a listener response to last week’s episode, Should I Buy My Primary Residence?
I agree that your house is a liability, however rent is even more of a liability! There are two sides to the balance sheet: increasing assets and decreasing liabilities (rent). Both will increase your cash flow. I bought my house for $80,000 cash 3 years ago and now it can rent for $1,200 per year. I'm open to increasing my ROI.
- Brian P.
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If you have a question, comment or concern that you’d like Matt to address live on the show, send it to him at Matt@EpicRealEstate.com and type "3rd Degree" in the subject line… or leave him a voicemail on the Epic Hotline at 1-888-891-7203.
See you tomorrow for a new episode of Financial Freedom Friday!
I agree that your house is a liability, however rent is even more of a liability! There are two sides to the balance sheet: increasing assets and decreasing liabilities (rent). Both will increase your cash flow. I bought my house for $80,000 cash 3 years ago and now it can rent for $1,200 per year. I'm open to increasing my ROI.
- Brian P.
------------
If you have a question, comment or concern that you’d like Matt to address live on the show, send it to him at Matt@EpicRealEstate.com and type "3rd Degree" in the subject line… or leave him a voicemail on the Epic Hotline at 1-888-891-7203.
See you tomorrow for a new episode of Financial Freedom Friday!
Released:
Oct 2, 2014
Format:
Podcast episode
Titles in the series (100)
EPREI 019 : How this Kid will Eat Your Lunch if You're Not Careful and What You Can Do About It!: Matt uses this episode launch his multi-part series in discussing real world real estate with real word investors. They've nothing to promote, nothing to sell and no hidden agenda. Just investors successful in today's market talking real estate... by Epic Real Estate Investing