Mike Taravella interviews Logan Rankin.

Key information:

• Rising inflation makes debt a major wealth building tool
• Manage debt before managing the real estate itself. Maximize debt as long as a property is financially When inflation rate is higher than your debt interest rate you are being paid to borrow
• Pay attention to not be under-leveraged just as much as over-leveraged
• Reposition quickly to decrease LTV and gain more equity than originally put in
• Tenants are willing to pay $150-200/month more for a home they’re proud of
• Underwriting is useless if you don’t have the team in place to carry the plan out
• Pain + Reflection = Growth

Investor Pro Tip: View challenges as opportunities that take competitors out of the game

Contact Logan Rankin on Instagram @loganjrankin or on his website loganrankin.com