Asset vs Liability

[Bryan H.]

YEAH!!! Made my last car payment today so it's owned free and clear. Taking that payment and making an offer on a rental property. Actually my car payment was more than the house payment will be.

I will drive this car until its dead, because I still love the car and it's finally paid off.

It's crazy it takes 5 years to pay off the car, which is now worth 1/2 of what I paid for it. My rental (if the offer is accepted) will make me 25% CCR and will appreciate over time.