Episode Details
Back to EpisodesThe Best Strategy to Invest in Real Estate - Episode 954
Episode 954
Published 2 years, 7 months ago
Description
Today we're going to discuss how to approach your investment strategy from a long-term perspective.One question we hear a lot at our company is "should I use my savings and buy a property outright, or make a down payment and use financing?"
We always encourage our investors to keep some of their cash reserves. While I understand the appeal of unloading your savings on one property for quick cash flow, I'd like to encourage you to think about things from a different perspective. Here's why: if your goal is to reach your Freedom Number and build long-term wealth, you're going to need some tools to help you get there. And leverage is a great tool.
We always encourage our investors to keep some of their cash reserves. While I understand the appeal of unloading your savings on one property for quick cash flow, I'd like to encourage you to think about things from a different perspective. Here's why: if your goal is to reach your Freedom Number and build long-term wealth, you're going to need some tools to help you get there. And leverage is a great tool.