I don't understand the statement "Every $1 Million of debt that I take on is reduced by $75k when the inflation is 7.5%.". Can you elaborate on this and maybe give an example?
What is your opinion of how safe you would consider taking on debt for the purchase of cash flowing websites?
Example a site earning $400 month average for sale on motioninvest.com for $11k. Smart to borrow to buy that type of an asset to grow revenue and hold or sell later? Thoughts overall?
Don't listen to this joker. He makes upwards of 1/4 million dollars a year and gets loans at less than 3%. That's not typical. That's someone who always had money, and now is working in a career that pays him handsomely. 99% of the world is around $75k a year (when averaged out) and can't get loans that inexpensive. Plus owning rentals is a lot more work than he makes it sound. This dude lives in La La land. If you are in the 1%, then this article is for you. If not, try somewhere else.
I don't understand the statement "Every $1 Million of debt that I take on is reduced by $75k when the inflation is 7.5%.". Can you elaborate on this and maybe give an example?
how are you getting loans at such a low interest rate? Also would you recommend using a HELOC to start investing in real estate ( rental properties)
What is your opinion of how safe you would consider taking on debt for the purchase of cash flowing websites?
Example a site earning $400 month average for sale on motioninvest.com for $11k. Smart to borrow to buy that type of an asset to grow revenue and hold or sell later? Thoughts overall?
Don't listen to this joker. He makes upwards of 1/4 million dollars a year and gets loans at less than 3%. That's not typical. That's someone who always had money, and now is working in a career that pays him handsomely. 99% of the world is around $75k a year (when averaged out) and can't get loans that inexpensive. Plus owning rentals is a lot more work than he makes it sound. This dude lives in La La land. If you are in the 1%, then this article is for you. If not, try somewhere else.
Debt is good.
Time to make money!!