Today, we'll be discussing an essential aspect of finance — understanding financial economics.In today's episode, Mr. Boring Money shares his personal journey and how he initially needed to understand the significance of having an operating entity and consistently deploying capital. He explains how getting paid to learn the game is incredibly valuable and how it can help establish a history with the bank. By setting up an LLC and starting with a high-income job, newbie investors can put funds into their entity and negotiate better terms when applying for funding. Mr. Boring Money also emphasizes the importance of reducing liability by funding through a business instead of self-funding with a personal loan. Tune in to learn more about how to take your investments to the next level. See you on the inside!Episode highlights:00:00 Welcome to The Boring Money Show01:30 Real estate industry offers some of the most remarkable financing alternatives03:25 What is the proper way to structure the leverage that you acquire?05:09 How to spot a good potential lender who will help to build your portfolio06:22 You don't want to invest what you can’t afford to lose07:29 If you had the opportunity to begin again, what choices would you make09:43 Getting paid to learn the game11:23 A path to building a more substantial business portfolio with excellent financing terms
If you enjoyed this episode, be sure to subscribe, tune in and share this podcast.Resources:○ The Boring Money ROI Cash Flow Calculator: https://www.mrboringmoney.com/cashflowcalculator   ○ Visit The Boring Money Show website: www.mrboringmoney.com○ "The Debt Millionaire”: https://www.amazon.com/Debt-Millionaire-people-never-wealth/dp/0982704542 Subscribe:  ○ Subscribe on YouTube: https://www.youtube.com/channel/UCFLP5xWwzkX11g7xFDpUFLg  Connect with Mr. Boring Money:○ Follow us on Facebook: https://www.facebook.com/mrboringmoney   ○ Follow us on Instagram: https://www.instagram.com/mrboringmoney/   ○ Follow us on TikTok: https://www.tiktok.com/@mr_boring_money  ○ Send your enquiries or drop by to say hello: iggy@mrboringmoney.com   ○ Join The Boring Money Show community on U-Lync: https://www.u-lync.com/members/9885368  And remember… Stay calm, print money and live life on your terms.DISCLAIMER:All information I share is NOT financial or investment advice and is purely intended for entertainment and educational purposes only. Always seek professional advice before acting on any financial decision.
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