In this video, Jake and Gino discuss how inflation will impact your multifamily real estate investing strategy. Key takeaways: ✔ As debt becomes cheaper with higher circulation of money in the market, availing of a fixed low-interest loan for a long period can help you buy an asset and create equity in the long run. ✔ Differentiate between good debt and bad debt. You can use debt to buy assets and you can get to buy liabilities. It is up to you whether you create income-producing assets or buy depreciating assets that take money out of your pocket. ✔ If wages go up, chances are that they won't come down. The same goes with rents. If it goes up during inflation, there are all the chances that it won't come down. Get a copy of Passive Income Made Simple now! Write to gino@jakeandgino.com to get the PDF copy. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Jake & Gino are multifamily investors, operators, and mentors who have created a vertically in
Timothy Sumer is a philanthropist and motivational speaker empowering young entrepreneurs across the nation. He speaks on starting new businesses and the importance of branding in the digital age. Timothy Sumer has a BA in Accounting from NYU and a Masters in Information Technology from MIT. Tim enjoys traveling around the globe, driving exotic sports cars, molecular gastronomy, exploring new cultures, and keeping on top of the latest technology trends. Hope you enjoy Timothy Sumer's page :)