Power of Credit for Investors and Business Owners - Will Roundtree Episode #65

GUEST BIO Will Roundtree has established himself as a staple in the real-estate investment sector. As the Founder and top-grossing Principal at WE Management, Roundtree has helped over 1500 small to medium sized businesses get access to over 300 million dollars in funding during a two year period. Will is also a published author  and is notably known for helping his community better their credit score as a credit strategist and financial advisor. THE REAL ESTATE FOUNDATION 01:40 Personal Background 05:28 Started a Business in Educating People on Credit 08:10 Understanding the Power of Credit 11:50 What Makes Up a Credit Score 14:04 The Next Largest Component: Credit Usage! 18:20 Why Set Up Automatic Payment 20:36 “What Would Will Do” Section: What else to Take into Account? 23:04 A Good Tactical Insight for Credit Limit 24:28 Don’t be Afraid to Ask for Money (Bank) 27:40 Paying off Credit card? Or Saving Cash/Down Payment? 31:30 Be as Liquid as Possible KEEPING IT REAL 36:32 Myth-Buster: What is the Biggest Misconception about Credit that is out there? 38:16 If Credit is Bad. It’s not the End of the World! 40:43 Thoughts on Debt Consolidation 44:05 Invest on Business or Pay off Credit cards for Future benefits? 46:40 One thing to look at, at another Company ANSWERS TO THE RAPID FIRE QUESTIONS IN THE SHOW: 49:12 100k cash and 500 credit score or 50k cash and 700 credit score? - 50k cash and 700 credit score 49:33  Pay $300 a month or Pay $10 a day everyday on a revolving credit? - Depending how Cheap the money is. 49:46 Refinance or Heloc? - I like Helocs 50:05 One 300 unit apartment building or 3 apartments of 100 units - I’m doing both. 51:54 Best tool that serves you everyday? - My mind. 52:23 The best habit that serves you everyday? - Discipline 53:05 If you had one super power in your business, what would it be?- To put everybody in position. 53:32 Describe a successful business owner in one word. - A Visionary BOOKS MENTIONED IN THIS SHOW How to win friends and influence people by Dale Carnegie Credit is King: Transforming Your Credit to Reality by Will Roundtree Don’t Gamble With Your Credit Worthiness NOTABLE QUOTES (KEY LESSONS): “In Business you have to have a certain mindset, to get through life you need to have a certain mindset” Connecting with The Guest Instagram, Facebook, LinkedIn, YouTube  Website: wemanagementinc.com | www.willroundtree.com #ExperimentCredit