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The “King of Debt” Exposes Credit Hacks to Grow Your Business or Real Estate Portfolio |  Jack McColl E68

The “King of Debt” Exposes Credit Hacks to Grow Your Business or Real Estate Portfolio | Jack McColl E68

FromThe Rich Somers Report


The “King of Debt” Exposes Credit Hacks to Grow Your Business or Real Estate Portfolio | Jack McColl E68

FromThe Rich Somers Report

ratings:
Length:
48 minutes
Released:
Jul 25, 2023
Format:
Podcast episode

Description

In today’s episode, Rich sits down for an interview with Jack McColl, the “King of Debt” – Jack, the founder of Credit Stacking, scaled from zero business credit to $500k in approved credit in just over 1 year, which he’s used to fund a variety of new businesses and investments. He now teaches his unique framework to over 2,000 entrepreneurs, helping them get access to hundreds of thousands of dollars of 0% interest capital so they can start a business, scale a business, or finance any type of investment. He shows others how to optimize their credit profile and make themselves look attractive to lenders without showing any financials, including tax returns, bank statements, or verified income. Rich and Jack dive into exactly what the underwriters are looking for, the importance of bank relationships, and tips for building those relationships. They discuss the specific banks you want to prioritize building a relationship with, which credit card companies are the easiest to get funding from, and a few major hacks for transferring your limits on 0% credit cards. Jack shares a few key tips for luxury travel using points, and leaves the listeners with some tangible strategies for optimizing their personal credit profile. Book a call: https://go.creditstacking.com/scheduleConnect with Jack on Instagram: @kingofdebt--Connect with Rich on Instagram: @rich_somersInterested in investing with Somers Capital? Visit www.somerscapital.com/invest to learn more. Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call. Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.
Released:
Jul 25, 2023
Format:
Podcast episode

Titles in the series (100)

Join host Rich Somers, as he interviews top real estate investors, entrepreneurs, and athletes from all over the world to discuss all things real estate, business, and wealth related. His first guests include Tarek El Moussa - real estate investor & TV personality, and Cliff Avril - former Seattle Seahawks player & Super Bowl XLVIII Champion. Rich is an active real estate investor and entrepreneur holding a portfolio of apartment buildings, boutique hotels, and short-term rentals valued in excess of $50M. He was an air traffic controller for the government for 11 years, and cashed out his 401k to get his start in real estate investing. Connect with Rich on Instagram: @rich_somers