JF3232: Tax Secrets Every Real Estate Investor Should Know ft. Toby Mathis
The Best Ever CRE Show
00:00
The Importance of Cash Flow Assets
"I have no personal debt and I have enough cash flow coming into where I could have retired it a while ago," Clinton says. "Once you have enough cash coming in, you don't have to work." He adds that he hates credit cards unless he's using them for points - then he pays them off immediately. A lot of old timers in this industry will tell you always put as much debt as you can on a building because it makes it less attractive for lawsuits.
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