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Podcast: Wealth Formula Podcast
Episode: 124: Real Estate Millions with Grant Cardone!
Description: Leverage in the form of bank debt is a double edge sword. Obviously consumer debt to buy things like televisions and mall junk can only be negative in the financial sense. However, using debt to buy cash flowing assets is perhaps the single most powerful weapon we can use to create wealth and the thing that makes real estate the asset of choice for the ultra-wealthy. The problem is that leverage is a tool that you must learn to use because, after all, a fool with a tool is still a fool. Leverage must be deployed carefully based on the...