Leverage Cash Flowing Assets to Create Wealth
Leverage Cash Flowing Assets to Create Wealth
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The speaker is currently in debt for 25 million dollars due to mortgages, which costs them approximately 100,000 dollars per month in mortgage payments. However, they also collect 250,000 dollars per month in rent from the real estate that they own, which is worth 40 million dollars. The speaker believes that buying assets that produce cash and increase in value is the key to creating wealth.
The speaker is currently in debt for 25 million dollars due to mortgages, which costs them approxima