This is one of those concepts which is hidden slightly deeper than most people operate at.
Most people look at the one figure – gross return.
And to their great detriment, they stop at that.
There’s no calculation of taxes.
No consideration of the risks.
No deeper thought about the “freeing up” of cash-flow.
No imperative for getting a good night’s sleep.
Just another reason a small group of hard-working, focussed and committed people get rich and the rest of the population sit on their butts navel gazing, lamenting the unfairness of the world and spend their energy whining about how the government should do more to help them.
Most people are too lazy to do the hardest work of all – thinking.
But I know that you’re one of those who wants to take responsibility, right?
So, in this explainer video I share a little gem that I explain to all of my Clients, which you really must know and understand.
If you’re new to borrowing or been doing it for years, the info in this video is priceless.
P.S. Ignore this rule at your peril: Boring money, exciting life.
Cheers,
Brodie Brown
BH Brown Mortgage Brokers