The Pomp Podcast cover image

#1102 Meet Kevin - Millionaire YouTuber Reveals His Business Strategies

The Pomp Podcast

00:00

The Cost of Doing Business

If you raise $100 million, why not use it to buy real estate? First of all, we can get better deals. We're shielded from higher interest rates for longer because we think prices will bottom when the Fed U turns. So if mortgage rates are 7% right now, we don't want to pay 7% on mortgage. And then when rates are maybe back down to 4%, well, then we can start refinancing after we've deployed the capital. The cool thing about real estate is, this is not like a secret product that we don't know how the market's going to like it. This is, you buy a house, you rent it out, cash flow comes

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app