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Home > Epic Real Estate Investing > Debt Free or Financially Free? | 3rd Degree Thursday
Podcast: Epic Real Estate Investing
Episode:

Debt Free or Financially Free? | 3rd Degree Thursday
Category: Business
Duration: 00:16:47
Publish Date: 2014-10-02 02:00:00
Description:

It’s time to get clear: do you want to be debt free or financially free?  Because they require completely different game plans.  Today Matt addresses the differences in strategy and more while tackling a listener response to last week’s episode, Should I Buy My Primary Residence? 

 

I agree that your house is a liability, however rent is even more of a liability!  There are two sides to the balance sheet: increasing assets and decreasing liabilities (rent).  Both will increase your cash flow.  I bought my house for $80,000 cash 3 years ago and now it can rent for $1,200 per year.  I'm open to increasing my ROI.

 
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