Jay is a genuine Real Estate Investor that shares good value and likes to help others.
Real Estate Investing is also something that I have experience in and is a subject that interests me greatly.
Condensed notes on this video:
MILLIONAIRE SECRETS – “How to get a perfect credit score.”
Everything big is paid for via credit. Baseball teams, restaurants, even our government owes China Trillion dollars in credit. Millionaires leverage purchases with the use of credit. Seldom do they use all their cash to purchase.
Fico score – is your middle score (raise this by doing the following…
Small loans or small limit credit cards (unsecured)
– best buy, Macy’s, wherever you like to shop
Secured loan or secured credit card
– give small/local bank $1,000
– they write you a check or give you a c.c
– they put your money in a c.d and you get original money back plus interest at the end. You don’t lose any money, you actually make money and get to build your credit… kill two birds w/one stone.
– Big bank i.e Wels Fargo give them 2.600 and get a secured c.c
How to Pay on Credit
– Max limit/3 = your new max limit (if you need gas in your car and goes over your limit, pay off kwik)
– make payments over time (don’t ever be late or miss a payment)
Loans types: Car, credit cards, private loans