5 Ways Rich People Make Money With Debt

[@NoelleRandall1]

💳 𝐁𝐮𝐢𝐥𝐝 𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐂𝐫𝐞𝐝𝐢𝐭 𝐅𝐚𝐬𝐭𝐞𝐫 𝐖𝐢𝐭𝐡 𝐉𝐔𝐒𝐓𝐈𝐍 𝐌𝐈𝐑𝐂𝐇𝐄: bit.ly/3eydxza 🛠 📈 𝐑𝐚𝐢𝐬𝐞 𝐘𝐨𝐮𝐫 𝐂𝐫𝐞𝐝𝐢𝐭 𝐒𝐜𝐨𝐫𝐞 𝐅𝐚𝐬𝐭𝐞𝐫 𝐰𝐢𝐭𝐡 𝐂𝐑𝐄𝐀𝐓𝐈𝐕𝐄 𝐂𝐑𝐄𝐃𝐈𝐓 𝐒𝐎𝐋𝐔𝐓𝐈𝐎𝐍: bit.ly/CcS11NR

[@thanewright7185]

Hi Noelle. I love your content. Does it apply to Canada also?

[@marsnel8704]

I tell people all the time that all successful businesses all have debt, just change your mindset practice with your credit card see it as your new checking and saving account then you will see how you can have your own small or big business before you know it.

[@samuelrotich2776]

No one breaks it down to better. Following your journey God bless you

[@MsWandaAustin]

Noell your the goat i picked up all of this knowledge just listening an writing info down. thank you for this but i want to know who do i speak to help manage and make sure i am successful. I am glad i subscribed to you years ago and i know your story your very knowledgeable and i appreciate the information. Greatly!!! blessings

[@NoelleRandall1]

Thank you so much for the incredible feedback and for being a long-time subscriber! I’m thrilled to hear that you’ve found value in my content. For managing your journey and ensuring success, consider reaching out to a business coach or mentor who specializes in your area of interest. If you need personalized guidance, I offer coaching and mentorship focused on real estate and business credit. You can also connect with other professionals and network in relevant communities. Keep up the great work, and blessings to you too!

[@kelvinjasi]

wow, I have seen why many people fail with debts. thank you

[@NoelleRandall1]

Absolutely! Many struggle with debt due to personal credit issues affecting their business credit. To improve, start by fixing errors on your credit report and working with a credit restoration service. Next, adopt good financial habits like budgeting and timely debt repayment, and build your business credit by managing expenses wisely. Small steps can lead to big improvements!

[@lojack009]

Hello Noelle, great presentation, I live in the UK will your methods work here in England.

[@phoenixnm1008]

Your video is very informative. Thank you very much.

[@NoelleRandall1]

Thank you! I’m glad you found the video informative.

[@pn4640]

Very true sis. I appreciate this and also rich dad and poor dad guy…makes sense

[@NoelleRandall1]

Thank you!

[@ayeshafountain245]

Noelle for President❣️ Great information. Hasn’t quite worked for me yet, but I’m really working hard on it. I at least share this tip with my mom. Thank you for these free tips👍🏾👍🏾👍🏾

[@NoelleRandall1]

Thanks for the support! 🥰

[@nigoagamah3911]

Thank you for sharing this video. God bless you.

[@Nu_B_N-I_T_O_P_N]

Thank you for sharing this information! ✌🏾💚💙💜☀️

[@NoelleRandall1]

You're welcome! Don't forget to subscribe to my KZbin channel to stay updated and get the latest trends.😄

[@roseyfischer]

I’ve been reading about that. They use debt to leverage investments and grow their wealth faster. Meanwhile, most of us are taught to avoid debt like the plague.

[@camela8445Mar]

It’s true. They take out loans to buy assets that generate income, like real estate or businesses. Instead of paying off debt, they let their investments grow and use the returns to pay off the loan-or even take out more loans to invest further.

[@Kseniaramesh]

It’s smart, but it also seems risky. I mean, what happens if the market takes a downturn? Doesn’t that put them in a vulnerable position?

[@Bigwilli123]

It’s smart, but it also seems risky. I mean, what happens if the market takes a downturn

[@MONROEJACQ]

It can be risky, but they manage that risk by diversifying and having a solid financial plan. They don’t just rely on one investment; they spread it out across different assets. Plus, they usually have a safety net-other assets they can liquidate if things go south.

[@NoelleRandall1]

Absolutely! While many are taught to avoid debt, leveraging it strategically can actually accelerate wealth growth. It’s all about using debt as a tool to invest in opportunities that generate returns, rather than letting it hinder your financial progress.

[@mekj663]

Excellent video!

[@NoelleRandall1]

Thank you so much for your support! Don't forget to subscribe to my channel to stay updated on the latest trends and get more valuable information.

[@MarkGuy-f4z]

Thank you for the inputs..very informative

[@NoelleRandall1]

You're welcome! I'm glad you found the information helpful. If you have any more questions or need further insights, feel free to ask!

[@christinajones7319]

Thank you, Mrs. Noelle ❤️

[@NoelleRandall1]

Thank you so much for your support! Don't forget to subscribe to my channel to stay updated on the latest trends and get more valuable information. 😃

[@LovelyArcade-me2zm]

Thank you my sister for the information about Money 💸

[@PamelaBarker-u4o]

Wonderful information! Thank you. 😊

[@NoelleRandall1]

You are so welcome! Thank you so much for watching!

[@jonniekiv1688]

You the best God bless

[@DynamicWealthBuilders]

Thanks

[@PsychicPisces]

Thank you lovely 🤗 from London, UK ❤

[@faithbrissett6504]

Thanks for the video sharing. This is really great advice.

[@NoelleRandall1]

Glad you enjoyed it!

[@Mr420_Bookbagg]

Great video Noelle

[@NoelleRandall1]

Thank you so much for your support! Don't forget to subscribe to my channel to stay updated on the latest trends and get more valuable information. 😃

[@MsAppleofhiseye]

Number one.. they're already rich.

[@shar555]

@@MsAppleofhiseye huh?

[@Justinn229]

this lmao why lie

[@Sweetmuscatwine]

😅😅😅😅😅😅😅😅... And use taxes payers money to get that status.

[@NoelleRandall1]

I totally get where you’re coming from, but even the wealthy use strategies like leveraging debt to grow their wealth. It’s not just about starting with money, it’s about how you use what you have. For instance, traditional mortgages let you begin with a small down payment, setting you on a path to build wealth. The BRRRR method is a great way to expand your investment portfolio, and HELOCs can help you fund new opportunities. Leveraged buyouts show how leveraging assets can work at different levels of investment. Plus, building business credit is a smart move for funding and growing your business, even from scratch. It’s not about having wealth to start wit, it’s about using these strategies to build it.

[@NoelleRandall1]

We work hard for it.

[@MMPippinNic]

🎉 Thank God for you!!!

[@NoelleRandall1]

Thank you so much for your support! 🎉 To keep up with all the latest trends and get even more valuable insights, make sure you hit that subscribe button on my channel!

[@troyirons5059]

thank you Noelle you are a gift

[@NoelleRandall1]

Thank you so much for watching.

[@JoanneKaravara]

Can't wait to learn more!

[@NoelleRandall1]

Awesome!

[@derealmvp]

i salute this beauty and brain lady, awwww

[@TheLovely990]

I did exactly that with my first primary home. However, you have to make sure you live in an area, that you can charge enough for rent. I want to buy a duplex, however, I will need about $100,000 down, and qualify for it. It's possible, but do your homework.

[@NoelleRandall1]

Location is definitely important, and you’ll want to make sure your rental income will cover your expenses. Check out the rental market in your area to ensure it can support your mortgage and offer some extra. Getting pre-approved for a mortgage will also give you a clear idea of what you can afford. Also, consider how you’ll manage the property, whether you’ll do it yourself or hire someone. Putting in the effort up front can really make a difference!

[@glendawilliams7453]

Awesome info

[@solomonkutiame9179]

Great ideas but most of them cannot be done in Ghana because the banks in Ghana do not take risks at all

[@phethindabamkhwanazi3546]

But how can it be done here in S.A?

[@ladyadmiral1409]

I have a business registered under sole proprietorship for about 4 years now! Would this also work for business credit?

[@NoelleRandall1]

Great question! Absolutely, as a sole proprietor, you can qualify for business credit. It’s essential to create a distinct business identity by getting an EIN and opening a separate business bank account. This approach lays a strong foundation for your credit profile. Just remember to keep track of your business expenses and pay your bills on time, and you'll be on the right track to building solid business credit.

[@soniamolina34]

Great info!! Thank you!

[@gilbertjean-louis4826]

it sounds good my sister ❤

[@DEG1985]

Tremendous information, God has given you a lot of wisdom :)

[@NoelleRandall1]

Glad it was helpful! Thank you for watching.

[@heywardthomas8484]

Love thanks a whole lot

[@wonke-bo4fx]

Great 👌 video ❤ all de way from South Africa

[@NoelleRandall1]

Thank you so much for watching!

[@chrisfontenot3267]

How & where could I get a HELOC in Texas???

[@nadeemmaqbool4088]

Excellent

[@NoelleRandall1]

Thank you so much for your support! Don't forget to subscribe to my channel to stay updated on the latest trends and get more valuable information.

[@francisbangura793]

Love your class

[@NoelleRandall1]

Thank you! 🥰

[@veneshaabass607]

Being in debt is not being rich. The richest person is someone who owes nobody.

[@NoelleRandall1]

I respect your opinion 👍

[@gastran8719]

You mean Musk owes nobody? Rethink your definition of richest, bro/sis.

[@veneshaabass607]

@@gastran8719 check ur eyes.

[@Tom6567my]

I agree with you; however if your assets far exceed your liabilities (debts) then you are winning.

[@bionichustla100]

@@veneshaabass607 not if your debt is investment is into all assets

[@zibusisotshuma6271]

Thank you that’s good to learn

[@NoelleRandall1]

You're welcome!

[@PhoebeOkafor13]

Thanks for the info

[@NoelleRandall1]

You're welcome! Thank you for watching!

[@utoytv6071]

great info❤

[@NoelleRandall1]

Glad it was helpful! Thank you for watching!

[@wendyolivier6705]

Thank you so much for the info! Im in Canada and I will research if the process of business credit loan is the same.

[@NadineModo]

Hi @Wendy i am in Canada too. can we brainstorm together?

[@maestraviajesprod.2972]

most rich start with savings and emergency funds. they just loan 30% to expand capital

[@cynthiaj1009]

Hi Noelle, I follow you for some time and this is my first time writing to you. My question is: I opened my LLC 5 months ago, but haven’t start because of lack of finances to start my business. I have applied to different banks and they have denied me because 9 years ago I filed for bankruptcy. They’re using that against my business even though I have used my IEN. What can I do to move on? 🤔 🙏

[@NoelleRandall1]

Hi there! Thanks for reaching out. I’m glad you’re ready to kick off your business journey. I totally get how frustrating it can be when past bankruptcy seems to hold you back. Here’s what you can do: Focus on building your business credit separately from your personal credit by getting a business credit card and listing your business with credit bureaus. Explore alternative lenders or peer-to-peer platforms, they might be more flexible than traditional banks. Look for grants or loans designed specifically for startups, as they often have different criteria. Improving your personal credit can also help, so work on paying down debts and keeping up with bills. Lastly, don’t underestimate the power of networking; sometimes personal connections can open doors to new financial opportunities. Keep pushing forward. You’ve got this!

[@TurtleIslandDecendant]

Great vid, but if youre denied denied denied. You have no possiblity to move forward. I have good credit. But ive been denied denied denied. Thank you wells fargo.

[@NoelleRandall1]

I understand how frustrating that can be. Even with good credit, getting denied can feel like a major roadblock. Sometimes, it’s about finding the right lender or tweaking your strategy. Wells Fargo might not be the best fit, but there are other lenders or credit unions that might be more willing to work with you. Also, consider exploring alternative financing options like business credit or personal lines of credit

[@nwalker2619]

@@TurtleIslandDecendant Did you find out why you're getting denied. Is it income? Not enough credit history? Etc...

[@Msbrown-cr4sg]

I’m here for it❤

[@NoelleRandall1]

Thank you so much for your support! Don't forget to subscribe to my channel to stay updated on the latest trends and get more valuable information. 😃

[@maxilia7446]

I

[@maxilia7446]

I

[@LineAnnBenjamin]

Hi can this work for people in Trinidad also Orr is it only for the certain countries only

[@NoelleRandall1]

Absolutely! The strategies I discuss, including leveraging debt to build wealth, can work in Trinidad and many other countries. While some specifics, like certain loan types, might vary by location, the core principles of real estate investing and business credit are universal.

[@kanyereziwilliams9145]

@@NoelleRandall1 hi Noel

[@kanyereziwilliams9145]

@@NoelleRandall1 hi Noel

[@kanyereziwilliams9145]

@@NoelleRandall1 hi Noel

[@kanyereziwilliams9145]

@@NoelleRandall1 hi Noel

[@romilaagard7621]

Wao wao Thank you I'm going to look at the page🙋🏽‍♀️🧠🕯✍️💡☺🙂🔔👣👣👣👌🏼👌🏼👌🏼

[@NoelleRandall1]

Awesome!

[@haldanegrice6640]

How come I take that free class on estate buying

[@NoelleRandall1]

Great question! You can check out my upcoming events and find details about free classes at noellerandall.com/events-lists/ . I host a free virtual event every month, so stay tuned for more opportunities to learn about estate buying and other valuable topics!

[@zibusisotshuma6271]

Amazing

[@NoelleRandall1]

Thank you so much for watching!

[@lmoore58579]

Thanks for the 411

[@dionysiusgaeseb9342]

Middle clas earners usually don't get property loans

[@NoelleRandall1]

There are ways to increase your chances. Focus on boosting your credit score, which can make you more appealing to lenders. Saving up for a larger down payment can also help by reducing the loan amount and potentially improving your terms. Exploring FHA or VA loans might be beneficial too, as they often have more flexible requirements. Adding extra income streams or side jobs can improve your debt-to-income ratio. Lastly, demonstrating financial stability through a solid job, budget, and savings plan can significantly strengthen your loan application. With these strategies, securing a property loan is definitely within reach.

[@nosipoxaba883]

Am in SA... credit loan is different

[@NoelleRandall1]

You're right! credit systems differ by country. In South Africa, while the regulations and loan structures may vary, the core ideas of using debt for investment remain the same. You might want to explore local mortgage options for property investment, consider leveraging any equity you have through home equity lines, and look into business financing tailored to your needs. Building a strong business credit profile can also be crucial. Adapting these strategies to fit the South African market and consulting local experts will help you make the most of these opportunities.

[@olayinkababafemi9129]

How much is your class? I looked into it and I saw $3000 but in this video it was said to be free. Any update that we missing? Please let me know, I like you and have always watched your videos but want to be in one of your class

[@NoelleRandall1]

It FREE! You can check out my upcoming events and find details about free classes at noellerandall.com/events-lists/. I host a free virtual event every month, so stay tuned for more opportunities to learn about estate buying and other valuable topics!

[@romilaagard7621]

Wao wao really I have bad credit at the moment ( Credit card) I dont think that plan is havalable in my Country😮🧠😐🕯✍️💡🤨👁🤔🙃🔔💣💣💣💣

[@MaraW-i4b]

Lets say that you end up renting 2 properties, and the landlords loss their jobs, what are going to do with those properties?, cash flow is not there.

[@NoelleRandall1]

Great question! It's important to carefully screen tenants to avoid potential issues. Offering flexible lease terms or payment plans can keep tenants in place and reduce the time your property sits empty. Diversifying your investments beyond just rental properties can provide added security. Plus, having a property management team can make handling tenant issues and finding new renters much easier. These steps can help keep your rental properties on track, even during tough times.

[@MorineBarnes]

🍒Congratulations on your Golden Text "5 Ways Rich People Make Money With Debt" inspirational thanks for sharing. Morine & Caroline. 🏡💷💷💷🇬🇧

[@NoelleRandall1]

Thanks for watching!

[@theasimengs]

I am really grateful i came across this video. I ve bad credit a dont ve money in my business account. Can i still get business loan?

[@NoelleRandall1]

Absolutely! You can still get a business loan even with bad credit and a low balance in your account! Some lenders specialize in helping businesses like yours, focusing on potential rather than just your credit score. Offering collateral, such as property or equipment, can also increase your chances by reducing the lender’s risk. Business credit cards might be easier to get than traditional loans and can help manage cash flow while building credit. Microloans from non-profits are another option, especially for smaller funding needs. And don’t overlook peer-to-peer lending, where you can connect with individual investors who might be willing to support your business.

[@amuiquaye2976]

Pls your education is important, the black community in America should learn such practices

[@zandileperseverancemaseko421]

Not in America but black people world wide ❤

[@veronicamassey9041]

Can not find page 😊

[@prudencephiri9357]

Atleast they have capital

[@SamuelWilliams-s4u]

How is it possible for making a loan on a existing property that you own to buy another house for rental business it's gambling because you will sit with two mortgage payments when the person who rents the property struggling to make payment then you are Fok

[@NoelleRandall1]

Great question! Using the equity from your current property to buy another isn’t gambling, it’s a smart investment strategy. You’re basically using the value you’ve built up to help you buy another property. The goal is to make sure that the rent from the new place covers the mortgage and expenses. It’s important to prepare for things like vacancies by having some savings set aside. Owning multiple rental properties can spread out the risk, as income from one can help cover any shortfalls from another. Investing in real estate is all about making smart choices and managing potential risks effectively.

[@caromantoh3935]

Waoooo, these are already very rich people…. Getting property isn’t given

[@NoelleRandall1]

That's a common misconception. Real estate investing isn't just for the rich; it's for those who are smart and strategic. For example, traditional mortgages like FHA and VA loans are designed to help first-time buyers with minimal down payments. The BRRRR method allows you to start with undervalued properties, renovate, and refinance, potentially turning a modest investment into substantial returns. HELOCs can leverage the equity in your existing property to fund new ventures, and building business credit opens up financing options beyond personal savings. It’s all about being wise with your resources and leveraging the right strategies at any level.

[@deesosa410]

Only if you was my wife my life would be so different

[@charniseelliott653]

@@deesosa410 she's married with 7 kids!

[@malcolmxgraphicdesign3948]

Not all that glitters Is Gold nor Diamond

[@jamesrhettjr.3026]

@@deesosa410 😂😂😂😂

[@ritawilliams8473]

🙏🏾🙏🏾🙏🏾🙏🏾

[@NoelleRandall1]

Thank you so much for your support! Don't forget to subscribe to my channel to stay updated on the latest trends and get more valuable information.

[@romilaagard7621]

Has I said if, I have bad credit, Credit Cards personal🙄👀

[@NoelleRandall1]

If you’re concerned about using personal credit cards with bad credit, no worries! You don’t have to rely on personal credit to build wealth. Instead, you can start building business credit, which operates separately from your personal credit. Even if your personal credit isn’t great, a well-structured business can still secure credit cards and loans. Another option is secured credit cards, which require a deposit but can help rebuild your credit score when used wisely. You might also explore alternative financing like hard money loans or private investors, which often don’t focus on personal credit.

[@dwaynemayweather3634]

❤❤❤❤❤

[@NoelleRandall1]

Thank you so much for your support! Don't forget to subscribe to my channel to stay updated on the latest trends and get more valuable information. 😃

[@dwaynemayweather3634]

@@NoelleRandall1 absolutely I am subscribe to every platform you have including KZbin. Pragmatic, preeminent content I love it ❤️❤️❤️

[@NoelleRandall1]

@@dwaynemayweather3634 Awesome! Thank you! 😍

[@romilaagard7621]

Mabe that't it's the US😮

[@markofjesus1]

👍👍

[@DiaParks]

❤

[@romilaagard7621]

I'll investigate if existed her in my country. What about sponsor?💡🙄🧠😐🕯✍️💡😐👀🤔🙃

[@romilaagard7621]

Ah😮 Ups🙄👀 Ummn😏🤨

[@missshannon9790]

Hi all. Is that black couple still slandering her? Pheobe and Tim? Whats their problem

[@romilaagard7621]

The cost of your Course. If I at the momente is luteral for my mountly bills🏃‍♀️🏃‍♀️🏃‍♀️ 🙄👀😏🕯✍️💡😐👁🧠🤔🙃🔔 My cGod Thank You for the action / eford. In Latin America It's. This is not real it's just a challenge; and sune past😮🧠😏🕯✍️💡🤨👁🙋🏽‍♀️🔔🙃

[@NoelleRandall1]

I hear you! It can be really tough to juggle everything financially. But remember, you’ve got the drive and the determination. Believe in yourself and take small steps towards your goals. You've got this.

[@BridgetteBethell]

Appreciate you & This vital information

[@NoelleRandall1]

Thank you so much for the support! 🥰😍