No Vacancy The Podcast with Natalie Palmer cover image

17. Here’s How to Use a Recession to Your Advantage - Interview with Real Estate Investor Ben Pinel

No Vacancy The Podcast with Natalie Palmer

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Should I Use My Short Term Rental Profits to Pay Off My Mortgage?

LZ Granderson: Is debt okay in real estate or should people, for example, put that money towards finding the next deal? LZ: I would use that debt. You got to play with the house's money. Like, you could not build wealth if you were paying cash and paying off mortgages. Big, successful investors, they try to get as much debt and grab as much money as they can," he says. "You want to be playing with the houses money so you can gain more"

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