Episode Details
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Is Every Debt Worth Paying Off?
Description
In this episode Keith shares the survey results on what the highest rising cost for landlords is and what to do about it. He challenges the conventional wisdom that all debts should be paid off.
He talks about how the rising costs of homeowners insurance and property taxes are the most significant expenses for single family landlords
76% of single-family landlords plan to raise rents over the next 12 months, with 35% expecting increases over 4%.
Learn about the concept of debt as leverage and its role in wealth building. The importance of liquidity, interest rate arbitrage, and the ability to outsource debt payments.
How inflation impacts debt.
Understand the benefits of debt in real estate investment, including the ability to own more properties and create arbitrage opportunities.
Show Notes:
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Complete episode transcript:
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Keith Weinhold 00:00
Welcome to GRE. I'm your host. Keith Weinhold. The economy is affecting real estate in some interesting ways. Now, vital trends revealed from a survey of single family landlords. Then the heart of today's show is every debt that you have worth paying off. The answer is no, with some surprising reasons all today on Get Rich Education. When you want the best real estate and finance info, the modern Internet experience limits your free articles access, and it's replete with paywalls and you've got pop ups and push notifications and cookies, disclaimers. Oh, had no other time in history has it been more vital to place nice, clean, free content into your hands that actually adds no hype value to your life? See, this is the golden age of quality newsletters, and I write every word of ours myself, it's got a dash of humor, and it's to the point to get the letter. It couldn't be more simple. Text, GRE 66866 and when you start the free newsletter, you'll also get my one hour fast real estate course, completely free. It's called The Don't quit your Daydream letter and it wires your mind for wealth. Make sure you read it. Text GRE to 66866, text GRE to 66866.
Corey Coates 01:34
You're listening to the show that has created more financial freedom than nearly any show in the world. This is Ge