Think about using debt to your advantage #airbnbbusiness

599 viewsover 1 year ago0m 6sScore: 75

Michael Chang

Pricing & Profitability
beginner
Profitability
Expenses
Arbitrage

Summary

The video shares a concept that it's not debt that is the problem but the management of that debt. It gives an example of taking 20K in debt to buy a car with monthly payments of $500 vs. taking 20k in debt to set up an Airbnb that generates $1,500 - $3,000 per month.