3min chapter

Rich Habits Podcast cover image

Q&A: Stuck in a Real Estate Investment, 3X Leverage ETFs, & HELOCs to Invest

Rich Habits Podcast

CHAPTER

Utilizing 1031 Exchange, HELOCs, and Passive Income Strategies for Financial Decision Making

This chapter delves into utilizing a 1031 exchange for property sales, the risks and rewards of taking out a HELOC to invest, and the significance of evaluating uncertainties in financial choices. It cautions against borrowing at high rates for investments, emphasizing the gradual development of passive income through reliable methods.

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