The Psychology of Money

When you start focusing so much on cash flow, now I see investors get into this hyper scarcity mindset where they're like trying to focus on that additional $20 a month instead of thinking that if I just own this property for 10 years, I'm going to make a hundred grand. That's not the way to think about it. It actually puts a lot of investors in that scarcity mindset because then you're worried about your $50 a month changes my cash flow. There are four four advantages to owning buying whole long term buying whole rentals cash flow is just one of them. Tax benefits. And then with the bar strategy, now we have forced appreciation, right? Cash flow is just a

Transcript

Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!

Get the app