More Debt Means More Wealth…

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The speaker shares their personal experience of being in debt while owning real estate. They state that as their debt increased, so did their assets and equity. They provide examples of owning $8 million worth of real estate while being $5 million in debt, owning $15 million worth of real estate while being $10 million in debt, and owning $31 million worth of real estate while being $20 million in debt. They then pose a hypothetical question of how much debt they will be in when they own $1 billion in real estate.

The speaker shares their personal experience of being in debt while owning real estate. They state t