Title | : | How To Use DEBT To Get Rich |
Lasting | : | 0.52 |
Date of publication | : | |
Views | : | 170 rb |
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How does value get 10x in short time, so you can take loan of 5x ? Comment from : @vinzzart410 |
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What is your bloodtype??brRichdad: Debt! Comment from : @1NatureGod |
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Don’t loans come with interest? He still has to pay But if his assets always get a positive gain the interest pays for itself? Comment from : @kawhiiee |
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Hundred of videos repeating the same 😵 Comment from : @albertospeaking9637 |
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How do you get richbrRobert: you just buy a building for 1 million and when it goes to 10 million you're rich 😅😅😅 Comment from : @dfjpr |
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But don’t you have to pay interest on that debt? Comment from : @renesoriano9641 |
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You got scammed kid Comment from : @nickolastricks4192 |
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What does he mean bhai last part of the video “ borrow out the 5mil” i mean he have to sell it for that 5mil right? That’s flipping i guess Please correct me if Comment from : @akmusic3875 |
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Eee full idiot hawabaazi Comment from : @akshaytonge6416 |
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How about Oil you sell? Comment from : @TheInvestor-ajaygohiil |
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This dude’s phone number starts with a - Comment from : @woodpeckerr_215 |
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You have to read between the lines… don’t fall for this Comment from : @ryanburt1094 |
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What about mortgage? He never talks about it Are these interviewers dumb to ask him such simple question? Comment from : @sandeep_singh_chandel |
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You have debt but your profit is huge So how can you not pay tax Comment from : @gran4259 |
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He used all his money for operational investments and became a real investor Comment from : @yiyi-py3ew |
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Eat the rich Comment from : @tiddytips7451 |
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There we go another DEPT video Comment from : @jonesasher9240 |
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Another Trump That's all we need Comment from : @fredmertz8538 |
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Interviewer : How did you meet your wife?brbrThis guy : DEBT!!!! Comment from : @abhinandtb8364 |
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Does anyone know this mans name? Comment from : @Kdoc304 |
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We got it !! Debt and don't save paper money !! Just say how be rich and simple !! Comment from : @eddiebond007 |
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Same dialogue all videos Comment from : @udayd |
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so how does he burrow 5mln out of 10mln worth of unsold asset? Comment from : @Morlev44 |
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This mf tapping IRS on their tail, they will turn Robertoo😂😂😂😂 Comment from : @peplajso |
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He can borrow against the house he has, because it has risen in value He's very smart Comment from : @AaronMäkilä |
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what happens when market goes down how does he payback? Comment from : @TexasRanger-1 |
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Do that in Argentina ando you get fucked in more than a billion ways Comment from : @Latitarg |
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But he paying interest on debt What if real estate value goes down?? Comment from : @ultimateleader8646 |
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Till the next great depression hitsyehhhhhhhhhh Comment from : @jonathanjoestar9317 |
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So tired of hearing that goon talk Comment from : @SerLevi |
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You can't borrow money unless you already have money Comment from : @robertk2007 |
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He will eventually have to flip and sell some to move forward His only tax break is he operates at a taxable loss each year Meaning take his 12,000 rental properties that must make enough revenue per month to pay the note, pay the City school and county taxes, pay for insurance, pay for a CPA, pay for repairs, pay for all services and management and even an attorney After ALL that you make zero money And you pull from your cash flow for yourself but not as a salary In otherwords everything is a monthly and yearly lossbrbrEven pay your city school and county taxes late hanging onto your cash Pay even more penalties and interest and court costs on all late payments AND WRITE THAT OFF TOObrbrIt all works as long as you can handle operating on the edge every single day and can handle the stressbrBUT have the economy chang, have a bunch of renters default or move on and now you have to start flipping to keep upbrbrbrAnd like most just declare bankruptcy and get out unscathed But the lender takes the hitbrbrAnd thats how these guys pull this off But it does catch up and implode on most And they are broke Comment from : @dougwheeler4549 |
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He is rich because he knows how not to pay tax😅😅😊 Comment from : @hendribs2688 |
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Such BS…… Comment from : @KC-sr1fi |
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But that's only possible when you're in real estate Comment from : @celiko8049 |
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It’s all just a house of cards though Comment from : @tenebrousjones4897 |
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What about his generations coming Comment from : @vreetdubariya7399 |
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Wouldn't you have to pay tax for the money used to pay the mortgage or installments Comment from : @logical-brain- |
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Clown Comment from : @ANONBTC-y1r |
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That's how you create real estate inflation Comment from : @SpikeyKactus |
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my guy does absolutely nothing to improve society Comment from : @gaffagan |
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This guy is such a bozo Comment from : @matthewhatch9871 |
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The problem with living like this is that, sooner or later, the bubble is going to pop and people even richer than you are going to want their money Comment from : @TheOriginalJphyper |
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More proof that enforcing legal debt ceilings would slash wealth inequality Comment from : @cashewmellow |
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He also just filed for bankruptcy, so I wouldn’t trust his financial advice He’s a billionaire who filed bankruptcy over owing $23 million Comment from : @esegall91 |
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If society were to ever breakdownbrPeople like him would have their head on a pike while we praise farmers and lumberjacks Comment from : @Dstryrr |
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He’s a grifter right? Comment from : @maxsonpettway9742 |
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So he's a grifter that exploits society, feels great about it and doesn't give a shit about anyone but himselfbrbrSounds like a capitalist icon to me, but not a human being Comment from : @Certago |
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For God sake tell us how you pay interest on that debt, why no one ask him this? Comment from : @saiyamgambhir |
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If I own a building that's when I know that make it brCollecting rent from a to z 24/7 365 Comment from : @ahmadmurshid1999 |
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That model is over now Comment from : @RTC1655 |
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Sombody Wana tell me how this is different from a ponzi scheme Comment from : @pouyaoskouie6350 |
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He is basically short selling the economy when he shorts/ borrows money he puts it into an investment and when it goes up he gives them back there money just like short trading Comment from : @alancawley31 |
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When you die yor billions is nothing😂😂 Comment from : @viraoionot3b275 |
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He is a jerk in debt Comment from : @primeartifacts6467 |
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Okay but nobody ever talks about how they’re supposed to pay it back or how they’re punished for the debt Comment from : @nickmag6142 |
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What about interest?? Comment from : @ssaad550 |
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but how does he avoid interest on said debt 🤔 Comment from : @antlegomaniac |
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Don’t take money advice from this guy tf Comment from : @Grammar_police420 |
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Ok, I'm a millionaire in debt 😅 Comment from : @sardoryunusov |
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Driving the prices up on real-estate pays him and screws the rest of us Comment from : @chicksandwich |
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You just open my eyes 😮😮 Comment from : @danielcrowder8572 |
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My guys is legally avoiding taxes Comment from : @MyNnavarro |
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Hey, as long as the debt economy is flourishing I suppose, he’s not worried about a scenario when the music stops… Comment from : @KYPopskull |
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Is this guy the cricket on jack Horner shoulder? Comment from : @maddoxtalker9844 |
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He does not "create value" he's a landlord Comment from : @steved1340 |
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Wait, how exactly does he create value again? Any? Comment from : @vensroofcat6415 |
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We need to eat this guy, and every guy like him Comment from : @stephenburwick2727 |
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I like him BUT he makes it seem way easier than real life Buildings don't go up 10x for most people! Comment from : @joehfwefhweofhwepe |
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Oh yeah! Well, I'm a hundredaire in debtwhat now!?😂 Comment from : @jonathanmeyer60 |
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Your a cheat Comment from : @ganemastergane3944 |
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This guys a wee diddy Comment from : @Bitofeverything2023 |
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So he’s only rich on paper, because he’ll never actually have that money until he sells Lol Comment from : @captainrex7175 |
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Yeah, he is a billionaire of debt, given by bank with the money of common people Comment from : @sumanthsnandish1712 |
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But what happens after you borrow more money and the value of the property goes down Comment from : @vibingventures8901 |
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This guy AGAIN in my shorts At least it isn't Tate, but this fruit is talking BS and you need to just scroll on through You won't make any money out of this guy He will make money OUTTA YOU! Comment from : @Lukelikesmissiles |
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Con man Comment from : @kpewliu4348 |
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