Acquisition Is The Way Of Survival | No BS With Birchy | EP 213
Description
In this episode, Nathan dives into the success theme of acquisition and how it plays such a major factor in the growth of any property portfolio (and it's survival). Nathan explores how today's debt is tomorrow's devalued currency and his take on the notion of 'playing the game'. There are plenty of wisdom pieces in this ep, it's one you won't want to skip this week!
00:25 - What makes Birchy sad
01:50 - Billionaire by 40? Addition into strategy
02:42 - Birchy's advice to get started
03:29 - The start of hyper inflation - news article
06:36 - The only thing that doesn't go up is the value of the currency
07:00 - Growing pains in portfolios is tough, it's easy to call it quits
08:13 - When you realise it's all just a belief system
08:29 - Dr James Dobson Monopoly Example - speech insert
14:55 - Strategy, strategy & strategy
17:19 - Cashflow becomes the living, breathing body of your asset
17:51 - The rules of the game
19:38 - It doesn't need to be crazy, you just need to start
21:47 - When you understand the elements - it works
24:40 - Self learning and self education is everything - become obsessed!
27:00 - The debt becomes the asset!
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