Hook
Leroy, congratulations on hitting your targets this year. Here's your $95,000 bonus check. Oh, all for me, huh? Hey, you earned it. Now, I know you've been wanting that Tesla, so go ahead and treat yourself. Oh, I'm not going to spend this on a Tesla. I'm going to get the Tesla, I'm just not going to use this to buy it. A big influx of cash and you're not going to go buy the expensive car? Well, why spend this on a Tesla when I can spend it on a four-unit multifamily property? If each door brings me $200 a month, there's my $800 a month for the Tesla, plus an additional $1,000 a month that my tenants pay into the equity. Okay, smart guy, but you know that takes so long, right? I mean, it takes a few months to close on a property and 60,000. What? 60,000. That's roundabout how much equity I'll acquire in the seven years that I'm financing the Tesla. Plus I get the tax benefits for owning the property and the appreciation. And 4%. That's the interest rate on the loan for the Tesla and I'm already pre-approved. But the 4% will be covered by the appreciation on the property, so it's kind of like I'm not paying any interest. Almost like I'm not paying anything at all. Free rental property, free Tesla, and all I needed was the initial capital. Very strategic. Hey, you wouldn't be making TikTok videos on this kind of stuff, would you? We wouldn't want everybody having the knowledge of how to game the system. Actually, yeah. Yeah, I am. That a problem? I mean, yeah, it might be. Okay, well, make a move.
More breakout videos from this creator.