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All Forum Posts by: Carl Flint

Carl Flint has started 16 posts and replied 120 times.

Post: I need someone to help me understand leverage!

Carl FlintPosted
  • Rental Property Investor
  • Los Angeles
  • Posts 125
  • Votes 64

Ladies and gentlemen - I give you... the MVP @Bill B.

Post: I need someone to help me understand leverage!

Carl FlintPosted
  • Rental Property Investor
  • Los Angeles
  • Posts 125
  • Votes 64

@Zachary Beach

are you being serious? that was nowhere near a simple explanation.

Post: I need someone to help me understand leverage!

Carl FlintPosted
  • Rental Property Investor
  • Los Angeles
  • Posts 125
  • Votes 64
Originally posted by @Carlos Ptriawan:

You need to do some backtesting:
In 2010 I can buy 300K house in Concord,CA with 50K down, the house is now 1 million.
In 2010 I can buy 50k house in Gary,IL with 50k cash, the house is now 60k.

Investing in real estate is super easy: always use leverage in highly appreciating market.

Very smooth... thank you for breaking this down in layman's terms.

Post: I need someone to help me understand leverage!

Carl FlintPosted
  • Rental Property Investor
  • Los Angeles
  • Posts 125
  • Votes 64

@Diana T.

Simple.

Post: I need someone to help me understand leverage!

Carl FlintPosted
  • Rental Property Investor
  • Los Angeles
  • Posts 125
  • Votes 64

@Cody L.

Impressive. It goes back to “building wealth quickly”. Or at least building the wealth you want in your lifetime. Leverage makes dreams of owner 1000+ units come true.

Post: I need someone to help me understand leverage!

Carl FlintPosted
  • Rental Property Investor
  • Los Angeles
  • Posts 125
  • Votes 64

@Filipe Pereira

I understand what you’re saying but the person giving the counter-argument isn’t going to see the pros of leverage if it’s just a personal preference.

Post: I need someone to help me understand leverage!

Carl FlintPosted
  • Rental Property Investor
  • Los Angeles
  • Posts 125
  • Votes 64

@Casey Powers

Okay that makes sense. You’re maximizing your dollar from both ends. So the dollar continues and will continue to become less and less valuable. So a dollar today is two dollars tomorrow (hypothetically).

Post: I need someone to help me understand leverage!

Carl FlintPosted
  • Rental Property Investor
  • Los Angeles
  • Posts 125
  • Votes 64

@George Munoz

Great analogy.

Post: I need someone to help me understand leverage!

Carl FlintPosted
  • Rental Property Investor
  • Los Angeles
  • Posts 125
  • Votes 64

@John Clark

I was more-so trying to just get a little more info on how to explain leverage. But thank you for applying to my situation as best you could based off my original post. I agree that getting started is the most important thing and getting tangled up in indecision over things like leverage would be dumb. I like your approach and the way you put it from an outsider’s perspective.

Post: I need someone to help me understand leverage!

Carl FlintPosted
  • Rental Property Investor
  • Los Angeles
  • Posts 125
  • Votes 64

@Patrick Drury

Thank you. I’m seeing why it’s important to not tie up all your money. After all, money makes money. As long as you put it in the right places.