Justin Colby
๐ค SpeakerAppearances Over Time
Podcast Appearances
It's a game. My previous guest taught me. I'm playing by the rules. Exactly. But I say that because even if you have a tax debt, Negotiate it. They will take payments. Right, that's true, too. Why would you ever just cut a check? Well, there's an interest rate associated with their payment program. Yeah, but who cares? Why do you want to go cut a $100,000 check, for example?
It's a game. My previous guest taught me. I'm playing by the rules. Exactly. But I say that because even if you have a tax debt, Negotiate it. They will take payments. Right, that's true, too. Why would you ever just cut a check? Well, there's an interest rate associated with their payment program. Yeah, but who cares? Why do you want to go cut a $100,000 check, for example?
And if you buy another rental with that $100,000 and the rental has a bigger payday to create a difference between the 1% they're charging you. Guys, again, I don't want to take the episode. I want you to talk about it, but I'm just like... There's just so many upsides to this.
And if you buy another rental with that $100,000 and the rental has a bigger payday to create a difference between the 1% they're charging you. Guys, again, I don't want to take the episode. I want you to talk about it, but I'm just like... There's just so many upsides to this.
The downside risk, I'm going to really, now that I'm talking about it again, even with you and your levels smarter than I am, right? People need to know that. There's going to be hard times. You talked about it. Trump's going to create some hard times for people.
The downside risk, I'm going to really, now that I'm talking about it again, even with you and your levels smarter than I am, right? People need to know that. There's going to be hard times. You talked about it. Trump's going to create some hard times for people.
All of us, right? We're going to have to make decisions. You're like, damn, I didn't see us having to make that decision. When you have assets, it helps that downside.
All of us, right? We're going to have to make decisions. You're like, damn, I didn't see us having to make that decision. When you have assets, it helps that downside.
Right. I mean, they may not start that way.
Right. I mean, they may not start that way.
Let's go into your subject. It is brilliant. You are an expert at it. I've seen you speak on stage and keynote over it. Sure. Let's talk about.
Let's go into your subject. It is brilliant. You are an expert at it. I've seen you speak on stage and keynote over it. Sure. Let's talk about.
Inflation induced debt destruction.
Inflation induced debt destruction.
Mm-hmm.
Mm-hmm.
Dive into that for me.
Dive into that for me.
25% of homeowners.
25% of homeowners.