2min chapter

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569: Rich Dad's CPA Shares 5 Steps to Eliminate Income Taxes through Real Estate w/Tom Wheelwright

BiggerPockets Real Estate Podcast

CHAPTER

Do You Trust the Asset?

When we're afraid of debt, what we're actually afraid of is the asset not covering the debt service. So if you want more assets, the easiest way to do that is to borrow. But it really is a function of, do you trust the asset? And that's why education, like bor pockets, is so important. Because the more education we get, the more comfortable we get with the asset. Then we can lovers that we can actually go after the banks money, and not just risk ours.

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