
Leverage – The Concept All Property Investors Need To Know (Love Letter to Leverage) ⎜ Ep. 1226
KIDI
Description
<p>In this episode, we discuss one of the most fundamental concepts in property investment – leverage. </p> <p><br></p> <p>This is the idea that you can use other people's money (OPM) to invest and build an asset base (and only a little of your own). </p> <p><br></p> <p>This includes a look at the three different types of leverage most Kiwi property investors use – </p> <p><br></p> <p>1) borrowing money from the bank against the property they're buying, </p> <p>2) borrowing money from the bank against their own home, and </p> <p>3) using the tenant's money to pay the bulk of the bank's interest costs. </p>
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Leverage – The Concept All Property Investors Need To Know (Love Letter to Leverage) ⎜ Ep. 1226
KIDI