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David Bach

πŸ‘€ Speaker
1362 total appearances

Appearances Over Time

Podcast Appearances

Sonia and Simon
How to Become an Automatic Millionaire with David Bach | The #1 Wealth Habit You're Not Doing

That's $576,000 over 10 years.

Sonia and Simon
How to Become an Automatic Millionaire with David Bach | The #1 Wealth Habit You're Not Doing

And let's take that out over 50.

Sonia and Simon
How to Become an Automatic Millionaire with David Bach | The #1 Wealth Habit You're Not Doing

That's about $3 million in rent.

Sonia and Simon
How to Become an Automatic Millionaire with David Bach | The #1 Wealth Habit You're Not Doing

Now, here's the problem.

Sonia and Simon
How to Become an Automatic Millionaire with David Bach | The #1 Wealth Habit You're Not Doing

The rent won't stay stable.

Sonia and Simon
How to Become an Automatic Millionaire with David Bach | The #1 Wealth Habit You're Not Doing

Rents don't stay stable.

Sonia and Simon
How to Become an Automatic Millionaire with David Bach | The #1 Wealth Habit You're Not Doing

Let me ask you a question, guys.

Sonia and Simon
How to Become an Automatic Millionaire with David Bach | The #1 Wealth Habit You're Not Doing

Has rents gone up in Australia?

Sonia and Simon
How to Become an Automatic Millionaire with David Bach | The #1 Wealth Habit You're Not Doing

Yes.

Sonia and Simon
How to Become an Automatic Millionaire with David Bach | The #1 Wealth Habit You're Not Doing

Have they gone up a little or a lot?

Sonia and Simon
How to Become an Automatic Millionaire with David Bach | The #1 Wealth Habit You're Not Doing

A lot.

Sonia and Simon
How to Become an Automatic Millionaire with David Bach | The #1 Wealth Habit You're Not Doing

A lot.

Sonia and Simon
How to Become an Automatic Millionaire with David Bach | The #1 Wealth Habit You're Not Doing

Do you think rents are going to continue to go up a little or a lot?

Sonia and Simon
How to Become an Automatic Millionaire with David Bach | The #1 Wealth Habit You're Not Doing

Yes, exactly.

Sonia and Simon
How to Become an Automatic Millionaire with David Bach | The #1 Wealth Habit You're Not Doing

How do we know that rents are going to go up?

Sonia and Simon
How to Become an Automatic Millionaire with David Bach | The #1 Wealth Habit You're Not Doing

Because somebody owns the real estate.

Sonia and Simon
How to Become an Automatic Millionaire with David Bach | The #1 Wealth Habit You're Not Doing

And you know what they don't want to do?

Sonia and Simon
How to Become an Automatic Millionaire with David Bach | The #1 Wealth Habit You're Not Doing

lose money.

Sonia and Simon
How to Become an Automatic Millionaire with David Bach | The #1 Wealth Habit You're Not Doing

So when their expenses go up, taxes, insurance,

Sonia and Simon
How to Become an Automatic Millionaire with David Bach | The #1 Wealth Habit You're Not Doing

miscellaneous care, who pays that?