We think debt is awesome. Debt reduces our risk and increases our return on investment. But even better than those two factors, however, debt allows inflation to make us wealthy while we make no extra effort other than to keep on breathing. Yes, you can benefit...
One of the hardest jobs we have at Empowered Investor is convincing people that debt is not only okay but a critical component of the process that can make you very wealthy. Debt is how you leverage money into making it work for you many times over. Much of the...
Is your credit score important? Oh yes, very much so, especially if you plan on convincing a lender on planet earth to give you money. Your credit score is the foundation upon which decisions are made by mortgage lenders, Visa companies, department store credit cards...
We recently defined RV Ratio and how to use it to make sure your prospective rental property investment is sustainable from a cash flow perspective. Of course, RV isn’t the ONLY factor to consider. Here are a few others. Another big consideration to insure the...
We’d chisel it on Mount Rushmore if there was enough space, “Real wealth is created by buying and holding income properties.” What’s that sound? Probably property flippers jingling a few extra dimes in their pockets. Sorry to be the bearer of bad news but, as a...