Managing Debt and Operations with Logan Rankin

Mike Taravella interviews Logan Rankin.   Key information:   Rising inflation makes debt a major wealth building tool Manage debt before managing the real estate itself. Maximize debt as long as a property is financially When inflation rate is higher than your debt interest rate you are being paid to borrow Pay attention to not be under-leveraged just as much as over-leveraged Reposition quickly to decrease LTV and gain more equity than originally put in Tenants are willing to pay $150-200/month more for a home they’re proud of Underwriting is useless if you don’t have the team in place to carry the plan out Pain + Reflection = Growth   Investor Pro Tip: View challenges as opportunities that take competitors out of the game   Contact Logan Rankin on Instagram @loganjrankin or on his website loganrankin.com We're here to help create real estate entrepreneurs...  About Jake & Gino: Jake & Gino are multifamily investors, operators, and owners who have created a vertically integrated real estate company. They control over $350M in assets under management. Connect with Jake & Gino here --> https://jakeandgino.com. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.