“The real two levers when you're thinking about buying a property is how much money am I going to have left over after this? And then how much money am I repayments going to be?”

Pat Noll · Equity Mates Investing Podcast · Ask An Adviser: Where property is heading, debt recycling and the future of rentvesting with Pat Noll

Play from 41:51
41:51

Audio streams from the publisher’s own feed. Verbatim does not host or copy it.

What was described

Conducted a spending audit to identify where dollars go and balance leftover cash versus mortgage repayments

Said nearby on the same subject

“At 5.3% for a 30-year mortgage… $1 million mortgage is a $2 million repayment… if the bank of mom and dad gives you $100,000 you only need a $900,000 mortgage… you saved $200,000”
SK
Simon Kirstenmacher
Demographics Decoded - Unveiling the trends shaping your future ·
Data play 5.3% interest rate, $1 million mortgage, $100,000 gift, $200,000 saved Share this moment
“Emergency funds can sit in revolving credits or offsets… it’s just there to break glass… you can try and go a little bit harder on my mortgage repayments and I’ve got that money set aside if I need it.”
♫
Said on The SME Stream
Why it worked $20,000 emergency fund example Share this moment
“We're going to send you a one-year subscription to EveryDollar… 100% of the time I put someone on a detailed written budget where they spend every dollar… before the month begins”
DR
Dave Ramsey
The Ramsey Show ·
How they work Share this moment
“I create the box… put the contract… the box governs cash flow… pays the data center, interest, principal, then leftover flows back to us.”
♫
Said on All-In with Chamath, Jason, Sacks & Friedberg
Why it worked Share this moment

Moments like this, every Monday

The strongest new moments on your topics, in the speakers' own words. Free for three topics.

No card. No password. One-click unsubscribe.

Track a competitor?

Pro watches up to 25 names or phrases and emails you the morning after they are said.

See Pro, $29 a month

Verbatim quotes a short extract and links to the episode; the episode belongs to its publisher. Remove a show.