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How rich people use debt to get rich #realestate #investing

Boston Hoppman 301 views

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But if You borrow money from banks you have to pay interest how will you pay that interest of that huge borrowed money and one more question are you saying to get hone loan or personal loan to buy that assets?
Comment from : @zainqureshi4446

I'm an aspiring trader who would rather learn from other traders' experience than investing in the market myself, in anticipation of the next bull run What are your thoughts on copy trading as well? Do individuals actually earn a living? Just trying to get some reassurance I want to have a healthy portfolio worth at least $850,000 Reliable inputs please
Comment from : @alexstevenm6414

That’s why they love printing money
Comment from : @CesarNostradamus-wj9uq

How can you get trust from someone or the bank who gonna landed your money? That just nonsense for me I'm sorry why's that sound's so easy? brBECAUSE TO GET DEBT NOT EVEN EASY AT ALL
Comment from : @DictateAS

This is helpful
Comment from : @ONT_KIKO

Very interesting!
Comment from : @withny1234

somethisng was not right, you bought the asset with all your money you borrow, so you didnt have funds to fix itup so how the hell did you fix it?
Comment from : @koystv6029

This is so dumb that I don't even want to argue Poor people those who believe you can get debt without pawn something more valuable
Comment from : @bakihanma3004

forgot to mention you need to be “financially stable” making 6 figures already BEFORE your loan…
Comment from : @rd_874

ONLY if you can sell that asset for MORE than what you paid for IT and more than the $$ DEBT that you borrowedbrThats called house FLIPPING
Comment from : @ACommenterOnYouTube

but you get taxed when you sell the property
Comment from : @EscapingAverageHQ

Not as simple as it sounds
Comment from : @1800Banzer

To be rich you should approach rich 🤑
Comment from : @goodboy8833

Idiot
Comment from : @Lokiloc13

SURE GELTTING RICH AND SELLING THE ASSET IS JUST THAT EASY
Comment from : @ssso3

So what was the collateral here ?
Comment from : @nuggetsok4788

I need a glass with a band aid
Comment from : @tysmbugua3656

Rice For Sale: 115 Dollars
Comment from : @debbieopsima550

And that's why poeple are poor
Comment from : @MaryRose-d9x

Wanna get rich join the real world and be like me 🌟🌟
Comment from : @sulaimanmajid5056

I had 2 watch this 2x 😅
Comment from : @ShecalledmeKING

I wanna do this but idk hwo to get a loan I’m 17 with bearly 1k$ and I dnt know how quick u have to pay back the loan I wanna make money and buy a home
Comment from : @ELGUERO_022

if it's that simple, why you havent be the richest person?
Comment from : @kirapiwpiw4804

I saw that broke ass bitch comment! 😂😂
Comment from : @SmoothOperator412

So yeah, can someone lend me about $10M? I'll pay back with 99 interest frfr no cap *🤞🏻
Comment from : @Ikaldaus20

I’m favoured financially, $32,000 weekly profits, regardless of how bad it gets on the economy
Comment from : @Donsimonettijr

Rich people rip off poor people
Comment from : @OnboardingInformation

Hey so I was just wondering, when you’re done fixing up the asset and it’s worth more now, you said “sell the asset” Are you actually SELLING the entire asset or are you renting out the asset to tenants for fee?
Comment from : @JakeWaits

❤
Comment from : @mrboss7731

Well said but you need to dive deep more to understand you cant be rich if you dont fully understand this game
Comment from : @okeylangs3908

Great 👍🏻😊
Comment from : @haseeburrehman5155

why is the water so dirty
Comment from : @yomiotw6296

That and a credit score
Comment from : @LamontCalloway-i7u

this video finally made me see the full picture on how using debt works, tysm this video is awesome
Comment from : @thenamesastro680

Good stuff
Comment from : @justthoughts8872

This is the best yt short I’ve ever seen
Comment from : @FancyFootball20

Give me money 💰
Comment from : @MrEOM41

Yo rjack I’m tired of being broke I’m going all in with you will we be able to talk to u through the cc
Comment from : @Mbandzz19

This is the logic that makes people stay middle class or poor for all eternity
Comment from : @kylep3759

Oooohhhh
Comment from : @estebanyt5439

Problem is regular people don’t know rich people or people in general Rich or poor to borrow money from and if your poor a bank will not give you that loan
Comment from : @mooshinah

M*ther f*cker whotf give you dept without mortgaging anything
Comment from : @Rahuloberoi77

Best to illustrateunderstandsble nice one
Comment from : @jethrobusaing906

Rich guy? Or bankers
Comment from : @Elly-gu5wn

It’s called usury, should be illegal
Comment from : @samuelhipple923

That's not how cash flow works that's flipping Cash flow works by renting the property so that you'd gain cash flowing into your bank account monthly
Comment from : @DIDisguise77

Assuming the asset doesnt blow up in your face and bankrupt you
Comment from : @alionintights4074

So by your explanation, rich people get rich because of interest I, on the other hand, who's the borrower, did not get rich I just earned from the flipping of the property Nice
Comment from : @papungr5919

An you are still poor 😅
Comment from : @randychris5031

Say you don't watch Dave ramsey without saying you don't watch Dave ramsey
Comment from : @faithinjesus217

Damn that so understandable
Comment from : @Anobodyonline

Horrible advice
Comment from : @brayansalazar1834

This guy is an idiot if you don't buy another assest you're paying capital gains you retard
Comment from : @sincitysyndicate

You forgot the taxes and costs incurred at the time of "removing the bandaid" and selling the house This is not a true model and unrealistic Needs more facts instead of water
Comment from : @elgenio3817

Ok fair
Comment from : @arcticauroras9627

Sometimes its pure
Comment from : @arcticauroras9627

Thanks 😊 🫂 very much this is very simple to understand
Comment from : @meagmind1

But how do you fix the asset with no money
Comment from : @user-z57h

And when something go wrong or something fuck up u go to jail or u gona be homles 💀
Comment from : @rasores4718

Let's talk about this
Comment from : @tyronesmallwood2765

I know you added extra water 😂
Comment from : @dineshr1846

Not that simple In the real world
Comment from : @carsthoughts8944

how do you fund the house repairs when you end up utilizing all your funds to buy that property haha?
Comment from : @hyperadzy8877

I Have Better Solution to Get Money Just Acquire the Money Directly If Thats The Goal Unless You Auctually Want to Something For The Real Economy Rather than Money Economy
Comment from : @kentheengineer592

USURY
Comment from : @PHONE-ew8zt

Wow ❤❤ ❤🥰🥰🥰🙏 thank you for showing me the ideasi appreciate it alot ❤
Comment from : @janephiri3549

Teaching my kids this illustration right now
Comment from : @heathleitner3553

Not used money but used knowledge to know that that type of asset exist
Comment from : @arjunavsaikia6239

That's awesome 🏏👑
Comment from : @Justsportz95

Yes men
Comment from : @nucleotidesanatutor291

I just had a brain syntax error after watching this
Comment from : @christianchuaedutainment

Another internet scam artist telling you to get rich off debt lol as if we need another wannabe Thanks mini robery kiyosaki Ive found my rich dad guys 🙄 scam artist punks
Comment from : @MrVee24

Why is his water yellow?
Comment from : @Venom89062

Amazing analogy
Comment from : @revivedsoul1099

First it’s difficult to know the rich people and if youknow them their interest rate is high… if you don’t work its finish 😢😢😢 this is all fake
Comment from : @realkuraclipp

What if the asset is not sold
Comment from : @touqheerbaig4992

Problem it doesn't go out as planned
Comment from : @petermwangi720

I did the same and now I have 2 glass full of water 😂😂😂😂
Comment from : @ahadawan6887

Good demonstration using Water!
Comment from : @BizznessDeezznuts

Cool
Comment from : @village_guys

Awesome
Comment from : @JeovanyAguilar-eg2yw

😮😮😮😮😮😮
Comment from : @balakumar-rw3xl

Beautiful illustration You did your best This is the simplest way to explain in 60 seconds Thanks for making it simple 🎉🎉
Comment from : @presidentrepublic2479

Nice theory Too bad real life doesn't work like that
Comment from : @pagalhokya

Bro just gave half of his net worth to some random poor
Comment from : @mrzoomofficial

yeah but what if no one buys that property ? Because it’s super hard to sell it the interest is gonna keep building up…
Comment from : @chickenandchips8802

You don't sale it, you rent it From that you give the rich money his momey and you have a profit The moment you sale it, you pay Tax for idr
Comment from : @elinamark5511