Title | : | How rich people use debt to get rich #realestate #investing |
Lasting | : | 1.00 |
Date of publication | : | |
Views | : | 301 rb |
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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 |
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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 |
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That’s why they love printing money Comment from : @CesarNostradamus-wj9uq |
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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 |
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This is helpful Comment from : @ONT_KIKO |
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Very interesting! Comment from : @withny1234 |
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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 |
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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 |
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forgot to mention you need to be “financially stable” making 6 figures already BEFORE your loan… Comment from : @rd_874 |
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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 |
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but you get taxed when you sell the property Comment from : @EscapingAverageHQ |
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Not as simple as it sounds Comment from : @1800Banzer |
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To be rich you should approach rich 🤑 Comment from : @goodboy8833 |
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Idiot Comment from : @Lokiloc13 |
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SURE GELTTING RICH AND SELLING THE ASSET IS JUST THAT EASY Comment from : @ssso3 |
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So what was the collateral here ? Comment from : @nuggetsok4788 |
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I need a glass with a band aid Comment from : @tysmbugua3656 |
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Rice For Sale: 115 Dollars Comment from : @debbieopsima550 |
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And that's why poeple are poor Comment from : @MaryRose-d9x |
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Wanna get rich join the real world and be like me 🌟🌟 Comment from : @sulaimanmajid5056 |
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I had 2 watch this 2x 😅 Comment from : @ShecalledmeKING |
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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 |
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if it's that simple, why you havent be the richest person? Comment from : @kirapiwpiw4804 |
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I saw that broke ass bitch comment! 😂😂 Comment from : @SmoothOperator412 |
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So yeah, can someone lend me about $10M? I'll pay back with 99 interest frfr no cap *🤞🏻 Comment from : @Ikaldaus20 |
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I’m favoured financially, $32,000 weekly profits, regardless of how bad it gets on the economy Comment from : @Donsimonettijr |
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Rich people rip off poor people Comment from : @OnboardingInformation |
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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 |
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❤ Comment from : @mrboss7731 |
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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 |
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Great 👍🏻😊 Comment from : @haseeburrehman5155 |
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why is the water so dirty Comment from : @yomiotw6296 |
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That and a credit score Comment from : @LamontCalloway-i7u |
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this video finally made me see the full picture on how using debt works, tysm this video is awesome Comment from : @thenamesastro680 |
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Good stuff Comment from : @justthoughts8872 |
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This is the best yt short I’ve ever seen Comment from : @FancyFootball20 |
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Give me money 💰 Comment from : @MrEOM41 |
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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 |
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This is the logic that makes people stay middle class or poor for all eternity Comment from : @kylep3759 |
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Oooohhhh Comment from : @estebanyt5439 |
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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 |
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M*ther f*cker whotf give you dept without mortgaging anything Comment from : @Rahuloberoi77 |
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Best to illustrateunderstandsble nice one Comment from : @jethrobusaing906 |
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Rich guy? Or bankers Comment from : @Elly-gu5wn |
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It’s called usury, should be illegal Comment from : @samuelhipple923 |
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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 |
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Assuming the asset doesnt blow up in your face and bankrupt you Comment from : @alionintights4074 |
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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 |
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An you are still poor 😅 Comment from : @randychris5031 |
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Say you don't watch Dave ramsey without saying you don't watch Dave ramsey Comment from : @faithinjesus217 |
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Damn that so understandable Comment from : @Anobodyonline |
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Horrible advice Comment from : @brayansalazar1834 |
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This guy is an idiot if you don't buy another assest you're paying capital gains you retard Comment from : @sincitysyndicate |
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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 |
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Ok fair Comment from : @arcticauroras9627 |
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Sometimes its pure Comment from : @arcticauroras9627 |
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Thanks 😊 🫂 very much this is very simple to understand Comment from : @meagmind1 |
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But how do you fix the asset with no money Comment from : @user-z57h |
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And when something go wrong or something fuck up u go to jail or u gona be homles 💀 Comment from : @rasores4718 |
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Let's talk about this Comment from : @tyronesmallwood2765 |
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I know you added extra water 😂 Comment from : @dineshr1846 |
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Not that simple In the real world Comment from : @carsthoughts8944 |
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how do you fund the house repairs when you end up utilizing all your funds to buy that property haha? Comment from : @hyperadzy8877 |
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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 |
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USURY Comment from : @PHONE-ew8zt |
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Wow ❤❤ ❤🥰🥰🥰🙏 thank you for showing me the ideasi appreciate it alot ❤ Comment from : @janephiri3549 |
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Teaching my kids this illustration right now Comment from : @heathleitner3553 |
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Not used money but used knowledge to know that that type of asset exist Comment from : @arjunavsaikia6239 |
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That's awesome 🏏👑 Comment from : @Justsportz95 |
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Yes men Comment from : @nucleotidesanatutor291 |
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I just had a brain syntax error after watching this Comment from : @christianchuaedutainment |
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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 |
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Why is his water yellow? Comment from : @Venom89062 |
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Amazing analogy Comment from : @revivedsoul1099 |
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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 |
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What if the asset is not sold Comment from : @touqheerbaig4992 |
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Problem it doesn't go out as planned Comment from : @petermwangi720 |
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I did the same and now I have 2 glass full of water 😂😂😂😂 Comment from : @ahadawan6887 |
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Good demonstration using Water! Comment from : @BizznessDeezznuts |
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Cool Comment from : @village_guys |
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Awesome Comment from : @JeovanyAguilar-eg2yw |
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😮😮😮😮😮😮 Comment from : @balakumar-rw3xl |
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Beautiful illustration You did your best This is the simplest way to explain in 60 seconds Thanks for making it simple 🎉🎉 Comment from : @presidentrepublic2479 |
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Nice theory Too bad real life doesn't work like that Comment from : @pagalhokya |
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Bro just gave half of his net worth to some random poor Comment from : @mrzoomofficial |
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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 |
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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 |
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Very Insightful Thanks!!!😊😊😊😊😊 Comment from : @matthewgaydos8642 |
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