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View Profile: tim808
tim808 tim808 is offline
 has been a member for 10 years
Last Activity: 01-17-2017 05:27 AM 


The author of Rich Dad/Poor Dad says your gun is a "Doodad".

Option A) If you have a 100k home (fully paid off) and its value doubles in 10 years, $200k, 100% profit.
Option B) If you take out 50K from your home, buy a 2nd 100k home and rent it out (rent covers mortgage). Value of homes doubles in 10 years, from 200K to 400k. Your original 100K has now made a 300% profit. Leverage is a powerful tool when used properly.

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Join Date: 06-23-2003
Total Posts: 260 (0.05 posts per day)
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Date of Birth:
October 6th, 1965
Kapolei, HI
Surfing, Jiu Jitsu
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