07/06/2017
Are you interested in Real Estate Investing? Here is an opportunity to understand how to get your footing in the industry.
Is there good debt and bad debt?
You know, most people are afraid of debt. If you are not financially educated, you should be. Debt is a double edged sword. Just like a loaded gun you can use it to protect yourself or to kill yourself.
One of the reasons I love real estate is because it allows me to use other peoples money (OPM). Real estate gives you the opportunity to take full advantage of the capitalist system where it is perfectly legal to leverage other peoples time, knowledge and money to make money. I always wonder why people are afraid of debt.
Well the truth is that they lack guidance and proper financial education. I have not seen interest rates this low in over a decade. But what I am certain about is that they on their way up. So if you cannot make money when interest rates are this low, when will you ever make money?
Many people ask. Is there good debt and bad debt? The answer is absolutely yes. You get into bad debt when you use debt to buy consumables or depreciating assets such are Tv sets, cars etc. This kind of debt makes you poorer and poorer. It removes money from your pocket while leaving your baseline worse off than it was before. On the other had you get into good debt when you use the debt to purchase an appreciating asset such as real estate. You are paying for an asset that is getting you wealthier by the day.
This month on 16th, at Hadassah Hotel, Nairobi, I will be giving a lecture on how to use debt to increase your wealth via . Banks are not willing to give you money on your business but they are willing to give you money on real estate. There is a reason for that.
Join me and my student community on this day as we explore how to take advantage of this perfectly legal system to grow your wealth via real estate.
There is limited seating so make your early registration via tel No. 0710 450598 or by email to [email protected]
