GOOD DEBT VS BAD DEBT EXPLAINED | How To Leverage Good Debt To Build Real Estate Wealth

In this video, I describe the differences between good debt and bad debt. Debt explained in a good or bad way will help you figure out when you should consider debt as a way to build wealth, and when debt is negative such as credit cards, car loans, boats, and other forms of depreciating assets.

With Real Estate debt, you are able to build your net worth by constantly acquiring debt and investing it into appreciating assets. Check out my experience with good debt and some pointers on bad debt.

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Link To Business Rank List: https://chiefexecutive.net/the-best-worst-states-for-business2020/
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Check out my other videos:
Real Estate 101: How To Purchase Your First Property: https://youtu.be/QQ0D1JyW2og
Millionaire Mindset: https://youtu.be/Ij0xY_YOZj0
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Links To Products Used For Filming This Video:
Shot with DJI Osmo Pocket Camera: https://www.idealvisibility.com/go/dji-osmo-pocket/
DJI Osmo Pocket Extension: https://amzn.to/2BD0jhb
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*Disclaimer: Some of the links and other products that appear in this video are from companies which Ideal Visibility, Inc. will earn an affiliate commission or referral bonus. Ideal Visibility, Inc. is part of an affiliate network and receives compensation for sending traffic to partner sites. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available. The message in this video is to be taken for entertainment purposes ONLY. If you need advice, please contact a qualified and licensed professionals including: Certified Public Accountants, attorneys, insurance agents, real estate agents, financial advisors, or an appropriate licensed professionals for the subject you would like help with. These videos are strictly for entertainment purposes. Neither Simon Katz nor Ideal Visibility, Inc. are qualified or licensed in any profession and the content should NOT be taken as advice on investments, personal or business choices or decisions. This video is made for strictly entertainment purposes.

#gooddebt #baddebt #debtexplained