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Debt Free or Financially Free? | 3rd Degree Thursday

Debt Free or Financially Free? | 3rd Degree Thursday

FromEpic Real Estate Investing


Debt Free or Financially Free? | 3rd Degree Thursday

FromEpic Real Estate Investing

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!    
 
Released:
Oct 2, 2014
Format:
Podcast episode

Titles in the series (100)

In the spirit of Robert Kiyosaki’s Rich Dad Poor Dad and Gary Keller’s Millionaire Real Estate Investor, and as an alternate to the Dave Ramsey, Jim Cramer, Motley Fool and Suze Orman shows, Matt Theriault, real estate investor, entrepreneur and author will show you how to create wealth through conventional and creative real estate investing while improving your financial education so you will have the option to realistically retire in the next ten years, or less… and enjoy the good life while you’re still young enough to do so. This free podcast and course in real estate investing serves as a portal to multiple real estate investing courses making it a complete step-by-step and comprehensive real estate investing program and resource.