Today we are learning about equity. What is it? How do you tap into it? Leveraging equity is a big part of the property investment game, so how do people use it to get themselves into the 1%? This is what we are talking about today. If you have ever played Monopoly, you probably understand that becoming wealthy is about acquiring assets. In order to do that, you need cash.
On this episode I discuss -
5:00 - What should you do with your equity?
6:06 - Why there is so much equity post COVID
11:39 - Staying on the rig...
Today we are learning about equity. What is it? How do you tap into it? Leveraging equity is a big part of the property investment game, so how do people use it to get themselves into the 1%? This is what we are talking about today. If you have ever played Monopoly, you probably understand that becoming wealthy is about acquiring assets. In order to do that, you need cash.
On this episode I discuss -
5:00 - What should you do with your equity?
6:06 - Why there is so much equity post COVID
11:39 - Staying on the right side of the supply/demand curve
17:24 - Why you can’t blow your equity on a jet ski
22:32 - The biggest mistake investors make with equity
26:10 - The type of equity you have to create first
30:37 - The first investment is the most important
41:43 - When not to tap equity
Don’t hesitate to hit me up on Facebook @SamSaggers. DM me any of your questions :)
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Take care,
Sam
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