The Brave New World of Finance - How to Master Your Debt

The Real Estate Guys Radio Show - Real Estate Investing Education for Effective Action

The Real Estate Guys

Robertkiyosaki, Realestateinvestors, Realestateguys, Realestateinvesting, Syndication, Investors, Richdad, Realestateguysradio, Business, Investing, Realestate

4.7 • 696 Ratings

🗓️ 4 April 2010

⏱️ 52 minutes

🔗️ Recording | iTunes | RSS

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Summary

Best selling author Jordan Goodman explains how debt is different as the US attempts to break the gravitational pull of the Great Recession. New credit card laws went into effect for 2010 and changed the rules for credit card issuers. What adjustments do credit card holders need to make? Plus, with record unemployment more people are looking for professional help. What are the important differences between Debt Settlement and Credit Counseling - and which is better? Of course, the biggest debt for most people is their mortgage - or for investors, their collection of mortgages. Long time listeners know The Real Estate Guys are not big fans of mortgage acceleration, but Jordan showed us a technique that made both dollars and sense! Is it really possible to accelerate a loan without amortization? Amazing! Lastly, for many people, foreclosure and bankruptcy are part of their new reality. Does that mean game over - or is there life after these types of setbacks? Join Robert, Russ, The Godfather and special guest Jordan Goodman and find out!

Transcript

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0:00.0	Welcome to the Real Estate Guys radio program. I'm your host Robert Helms. The new world of debt is upon us and the rules have changed.
0:08.0	Today we're going to learn those rules from a gentleman who's just written a book on how to master your debt.
0:12.0	Stay with us, this is the Real Estate Guys Radio Network.
0:18.0	Hey, it's no secret we like to have fun on the Real estate guys, but there's nothing fun about facing foreclosure.
0:23.6	Or struggling to make payments on an upside-down mortgage.
0:26.6	You know, we get more requests for our loan workout report than all of our other reports combined.
0:30.6	So we know there's a big need out there.
0:32.6	That's why we've looked for companies that provide solutions for distressed property owners and put them on the resource directory on our website.
0:39.5	One company we've been getting good feedback on is Home Rescue Financial Services.
0:43.7	They'll connect you to qualified professionals who can help stop or stall foreclosure, renegotiate
0:48.4	your loan or get you out of the property without a foreclosure on your record.
0:52.5	The point is if you need help, don't go it alone.
0:55.0	Professional help is available and it's more affordable than you might think.
0:58.0	Call our resource hotline today at 888-510-6-8-38-8, extension-108,
1:04.0	or visit the resource page at realestateguysradio.com.
1:08.0	That's 888-510-6-8-38-38-18 extension 108 or visit the resources page at real estate guys radio.com.
1:19.9	Welcome to the Real Estate Guys Radio program. Thanks for joining us. I'm Robert Helms and I'm deeply in debt. Let's meet the rest of the guys are our co-host, financial strategist, Russell Gray. But is there life after debt?
1:31.3	There is and we're going to learn about it today. Also with us, the man we call the godfather of real
1:35.3	of real estate now that we're in the tens. He's been investing in seven different decades,
1:39.3	hey Bob?
1:40.3	Hey guys, good to see you today and I am looking forward to this show. This should be a lot of fun. One of the greatest tools we have in real estate investing is leverage, the ability to get a loan on a property, so we don't have to come up with all the money.
1:51.4	It can magnify returns. It creates a wonderful opportunity. And as we know, when the market goes down, it creates all kinds of blood and on the streets and all kinds of headaches and so forth. So today we're going to talk about how debt, the world of debt has changed and what that
	...

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