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Updated about 4 years ago,

User Stats

9
Posts
15
Votes
Sterling Wyatt
  • Rental Property Investor
  • Nashville, TN
15
Votes |
9
Posts

Is debt the new asset?

Sterling Wyatt
  • Rental Property Investor
  • Nashville, TN
Posted

Was listening to podcast by George Gammon and Robert Kiyosaki recently. They made the comment that with high market valuations for most RE right now, and record low interest rates, that the debt is now the asset, and the property is now the liability. I think I get what they were trying to say, but can anyone expand in that comment?

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