

House Rich, Cash Poor: The Debt Trap Killing Your Financial Freedom | Chris Naugle | EP 80
In this episode, I sat down with my good friend and financial wizard Chris Naugle to break down the trap that’s keeping most Americans broke—being house rich and cash poor. We talk about the habits that formed after COVID, the rise in credit card delinquencies, and how people are sitting on equity but have no cash flow. Chris shares his powerful “recycle and recapture” strategy using HELOCs and infinite banking to actually grow wealth instead of staying on the debt hamster wheel. We also pivot to what’s happening in real estate development, how luxury units are failing, and why affordable housing is the opportunity of the next 2–3 years. This is a masterclass in personal finance and smart real estate investing that everyone needs to hear.
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Chris Naugle is a nationally recognized money mentor, real estate investor, and the founder of The Money School and Be Your Own Bank. A former professional snowboarder turned financial strategist, Chris has helped over 10,000 people take control of their finances using the principles of infinite banking, private lending, and strategic wealth-building.
Connect with Chris Naugle
Website: www.chrisnaugle.com
YouTube: @ChrisNaugle
Instagram: @thechrisnaugle
Facebook: Chris Naugle
Podcast: The Chris Naugle Podcast
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About Justin:
After investing in real estate for over 18 years and almost 3000 deals done, Justin has created a business that generates 7 figures in active income through wholesaling and fix and flipping as well as accumulating millions of dollars of rental properties including 5 apartment buildings, 50+ single family homes, and 1 storage facility
Justins longevity in real estate is due to his ability to look around the corners, adapt to changing markets, perfecting Raising private capital, and focusing on lead generation which allows him to not just wholesale and fix & flip, but also accumulate wealth through long term holds.
His success in real estate led him to start The Entrepreneur DNA podcast and The Science Of Flipping podcast and education company, and REI LIVE where he’s actively doing deals with members. He has coached and mentored thousands of aspiring and active investors over the last decade.
Connect with Justin:
- Instagram: @thejustincolby
- YouTube: Justin Colby
- TikTok: @justincolbytsof
- LinkedIn: Justin Colby