260: The Debt Decamillionaire episode artwork

EPISODE · Sep 30, 2019 · 42 MIN

260: The Debt Decamillionaire

from Get Rich Education

$10 million in debt could BENEFIT you. I describe how. There are more "free-and-clear" homes today than in 2006. I tell you why.  A major platform published that 30-year mortgages are better than 15-year. It appears terribly oversimplified. Home equity always has zero ROI. The debt decamillionaire can have a $300K annual tailwind from inflation-profiting alone. How to get informed, not affirmed. Then, Daren Blomquist joins us to discuss U.S. housing trends. The homeownership rate has declined, especially among those under age 35. The rental vacancy rate has plummeted to 6.8%.   Market appreciation is cooling in a sustainable way, returning to long-term norms. __________________ Want more wealth? 1) Grab my FREE E-book and Newsletter at: GetRichEducation.com/Book 2) Your actionable turnkey real estate investing opportunity: GREturnkey.com 3) Read my best-selling paperback: getbook.at/7moneymyths __________________ Resources mentioned: 30-Year vs. 15-Year Mortgages: Business Insider My Forbes article: Why Home Equity Has Zero Return Auction.com GRE's Tampa Field Trip: RealEstateFieldTrip.com Mortgage Loans: RidgeLendingGroup.com Turnkey Real Estate: NoradaRealEstate.com eQRP: Text "QRP" to 72000 or: TotalControlFinancial.com By texting QRP to 72000 and opting in, you will receive periodic marketing messages from eQRP Co. Message & data rates may apply. Reply "STOP" to cancel. JWB New Construction Turnkey: NewConstructionTurnkey.com Best Financial Education: GetRichEducation.com Find Properties: GREturnkey.com Follow us on Instagram: @getricheducation The NFL on CBS: www.cbs.com

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260: The Debt Decamillionaire

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