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All Forum Posts by: Carl Flint

Carl Flint has started 15 posts and replied 117 times.

Post: I need someone to help me understand leverage!

Carl FlintPosted
  • Flipper/Rehabber
  • Los Angeles
  • Posts 122
  • Votes 62

@Diana T.

Simple.

Post: I need someone to help me understand leverage!

Carl FlintPosted
  • Flipper/Rehabber
  • Los Angeles
  • Posts 122
  • Votes 62

@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
  • Flipper/Rehabber
  • Los Angeles
  • Posts 122
  • Votes 62

@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
  • Flipper/Rehabber
  • Los Angeles
  • Posts 122
  • Votes 62

@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
  • Flipper/Rehabber
  • Los Angeles
  • Posts 122
  • Votes 62

@George Munoz

Great analogy.

Post: I need someone to help me understand leverage!

Carl FlintPosted
  • Flipper/Rehabber
  • Los Angeles
  • Posts 122
  • Votes 62

@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
  • Flipper/Rehabber
  • Los Angeles
  • Posts 122
  • Votes 62

@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.

Post: I need someone to help me understand leverage!

Carl FlintPosted
  • Flipper/Rehabber
  • Los Angeles
  • Posts 122
  • Votes 62

@Ali Boone

Perfect. Thank you!

Post: I need someone to help me understand leverage!

Carl FlintPosted
  • Flipper/Rehabber
  • Los Angeles
  • Posts 122
  • Votes 62

@Josh J.

Thank you for breaking it down like that. I liked the way you gave those three reasons numbered as 1, 2, and 3. It made things easy to understand. I see why appreciation on your properties over the years could bridge the gap in your loan and help you pay it down. Whether that be from raising rents or just outright selling the property.

Post: I need someone to help me understand leverage!

Carl FlintPosted
  • Flipper/Rehabber
  • Los Angeles
  • Posts 122
  • Votes 62

@Casey Powers

Ahhh. Okay.