Epic Real Estate Investing

Debt Free or Financially Free? | 3rd Degree Thursday

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Sinopse

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. ------------ 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!       Learn more about your ad choices. Visit megapho