In today’s episode, Bill is joined by the CEO of DML Capital, Liam Leonard, to talk about all things real estate investing and the difference between good and bad debt. He also shares his tried and tested strategies to lower acquisition costs and more.
Liam embraces getting outside to explore the Pacific Northwest with his wife, Rachel. When he’s not hiking or snowshoeing, he can be found on the soccer fields, where he is a top-level referee. He also serves as the vice president of the local referee chapter and mentors the younger refs.
Liam has a B.A. in Economics from Yale University and an MBA from UCLA Anderson with a concentration in International Management and Finance.
Learn more about Liam at:
Website: https://www.dmlcap.com/
LinkedIn: https://www.linkedin.com/in/liamleonard/
Email: liam.leonard@dmlcap.com
Twitter: https://twitter.com/goalagain
Listen to his podcast: https://podcasts.apple.com/us/podcast/the-prosperity-perspective/id1578314671
Show notes:
[2:15] What’s the difference between good and bad debt?
[5:13] How can Liam give someone the confidence to get a portfolio of rental properties?
[12:53] What strategies did he implement to lower their acquisition costs with his clients?
[16:25] What about if your mortgage company doesn’t offer a home equity line of credit?
[18:55] On a property just breaking even
[20:13] Why is less more?
[24:13] Connect with Liam
[25:29] Outro
Connect with Bill Bloom
https://bloomfinancialco.kartra.com/page/bNJ87
Email: bill@bloomfinancial.us
LinkedIn: www.linkedin.com/in/bloomfinancial
FB: facebook.com/retireasyoudesirepodcast
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Views expressed in this podcast are for general informational purposes only and are not intended to provide or be a substitute for specific professional financial, tax or legal advice or recommendations for any individuals. Information is based on sources believed to be reliable; however, their accuracy or completeness cannot be guaranteed.