Good Debt VS Bad Debt - The Important Of LEVERAGE In Growing Your Property Portfolio In Australia!

Many people are stuck in a bad debt cycle.
If income is less than your expenses and you are forced to borrow for essential needs such as groceries, the situation is dire.
Good debts are those used to buy assets that grow in value (appreciate) over time. The intention of taking on these debts is to increase the net wealth and passive income of the borrower, despite interest paid.
This video explain the important of LEVERAGE, or debt in growing your property portfolio and why you shouldn't be scared!
Chapters:
00:00:00 - The Importance of Leverage in Growing Passive Income
00:02:11 - Good Debt vs Bad Debt
00:04:32 - The Difference Between Good Debt and Bad Debt
00:06:54 - The Benefits of Good Debt
00:09:02 - The Power of Compound Wealth and Good Debt
00:11:08 - The Value of Debt in an Inflationary Environment
00:13:21 - Using Assets to Pay Off Debt
00:15:25 - Building Passive Income through Leverage and Debt
00:17:32 - The Power of Good Debt in Real Estate Investing
00:19:49 - Generating Tens of Thousands in Passive Income
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DISCLAIMER: No Legal, Financial & Taxation Advice
The Listener, Reader or Viewer acknowledges and agrees that:
• Any information provided by us is provided as general information and for general information purposes only;
• We have not taken the Listener, Reader or Viewers personal and financial circumstances into account when providing information;
• We must not and have not provided legal, financial or taxation advice to the Listener, Reader or Viewer;
• The information provided must be verified by the Listener, Reader or Viewer prior to the Listener, Reader or Viewer acting or relying on the information by an independent professional advisor including a legal, financial, taxation advisor and the Listener, Reader or Viewers accountant;
• The information may not be suitable or applicable to the Listener, Reader or Viewer's individual circumstances;
• We do not hold an Australian Financial Services Licence as defined by section 9 of the Corporations Act 2001 (Cth) and we are not authorised to provide financial services to the Listener, Reader or Viewer, and we have not provided financial services to the Listener, Reader or Viewer.
#PropertyInvestment #PassiveIncome #Australia #RealEstate

[@AusPropertyMasteryWithPK]

❤ JOIN THE COMMUNITY & GET FREE SUBURB TIPS + STRATEGIES 💡 Private Facebook Group With Over 40,000 Clients & Investors 👉 facebook.com/groups/passiveincomethroughproperty 💡 Top Ranked No "BS" Podcast On Spotify/ iTunes/ Google 👉 consultingbypk.com.au/podcast/

[@Young_Gingers_day]

Thanks so so much PK i have learned a lot from you I feel confident to move on now

[@erlan4953]

thank u so much Pk for these videos. I always listen to your videos daily on my way to work and your contents inspire me to strive hard for my dreams. You give us normal people hope for financial freedom.🙏

[@AusPropertyMasteryWithPK]

Thanks so much for sharing that !

[@reggiekilpatrick]

Thank you I've learned so much from you .

[@RosyJaye]

Very useful contents, thanks PK.

[@AusPropertyMasteryWithPK]

Cheers!

[@fionaj7023]

Hi PK, Thank you so much for share this very useful video today. I been watching your videos in this whole lockdown.

[@AusPropertyMasteryWithPK]

Thank you!

[@HairByJamesAnnabel]

Love this 🙏🏽

[@AusPropertyMasteryWithPK]

🙏🏼

[@manavkumar5743]

Nice information, but sounds too good to be true.

[@dandebono8544]

Nice video PK 👌🏻

[@AusPropertyMasteryWithPK]

Thanks man

[@AusPropertyMasteryWithPK]

► Listen To No Nonsense Property Market Insights On My Podcast 👇 🎧 iTunes 👉 podcasts.apple.com/us/podcast/aus-property-investment-mastery-with-pk/id1577326230 🎧 Spotify 👉 open.spotify.com/show/1lFxQIjk0HdCcwYdOM7X5w 🎧 Google Podcasts 👉 podcasts.google.com/feed/aHR0cHM6Ly9vbW55LmZtL3Nob3dzL2F1cy1wcm9wZXJ0eS1pbnZlc3RtZW50LW1hc3Rlcnktd2l0aC1way9wbGF5bGlzdHMvcG9kY2FzdC5yc3M

[@throughthelife3275]

wonderfully prepared and excellent explanation

[@AusPropertyMasteryWithPK]

Thank you man

[@throughthelife3275]

@@AusPropertyMasteryWithPK you are well come

[@colinshurey976]

Great explanation my friend

[@AusPropertyMasteryWithPK]

Thank you

[@kelvoy]

Thank you for the video PK very informative. I catch myself slipping into fear of missing out on selling before the boom. Ultimately I want to sell for a higher price than market and then buying an undervalued house (perhaps timing the market although this is speculative), further enhancing my equity via selling vs using equity in my existing unit. I know a crash is unlikely but i still think there may be a 10% correction in 1 or 2 years

[@kelvoy]

Basically I’m fearful of building the portfolio up as I may have a large mortgage to pay off in the case of a crash

[@AusPropertyMasteryWithPK]

@@kelvoy thanks commenting :)

[@jan11162]

Insightful, debt is losing its value.. today's 100k will be much lower in value 10-15 years from now

[@AusPropertyMasteryWithPK]

Totally

[@vu7904]

Then you will die leaving everything. Have what you need to have. No point in being greedy and accumulate a lot of money for yourself. Start a business and help others, then there is a point in accumulating money.

[@AusPropertyMasteryWithPK]

Exactly