Using Credit Cards To Help You Multiply Your Assets

แชร์
ฝัง
  • เผยแพร่เมื่อ 3 ต.ค. 2024
  • Hoan say what?!
    That's right! You can USE CREDIT CARDS to get rich and multiply those assets! That might sound crazy, but trust me! In this video I will explain the ins and the outs of how to use credit cards to get rich and get as many assets as you want.
    If this ins't enough for you and you want to take it a step further, head to hoanzone.com and there you will find all you need and more!
    LET'S MULTIPLY!
    Want the scoop on Low & NO Money Investment Strategies? Check out this series: www.youtube.co....
    🛑Like and subscribe to the Hoan Zone if you’re ready to learn how to multiply the assets you own. Click the bell icon to enable notifications so you never miss a tip!🛑
    Say hi on social media!
    Twitter: @HoanZone
    Instagram: @HoanZone #HoanZone
    Facebook: / hoanzonepage
    Website: www.HoanZone.com
    🚨PROGRAMS🚨
    💰Learn to invest with Hoan! Get free training: hoanzone.com/
    💵Learn to create passive income: hoanzone.com/p...
    🏘Learn to Flip: hoanzone.com/flip
    ✅LINKS✅
    💸Need a loan? Hoan's Loans! hoansloans.com/
    ☎️Schedule a call with Hoan! 30 minute mentor: hoanzone.com/m...
    🏖With enough assets and passive income you get the time AND freedom to do what you love. Check out this video of how I spend my time! My life by design!
    www.youtube.co...
    #creditcards #multiplyassets #getrich

ความคิดเห็น • 38

  • @valiantvee8516
    @valiantvee8516 4 หลายเดือนก่อน +2

    Dave's opinion is Dave's opinion! Credit cards are indeed dangerous! - if you don't know what you're doing!!!

  • @Itsmike206
    @Itsmike206 8 หลายเดือนก่อน

    Thanks very much for the information! Found the video interesting.

  • @thomasharris671
    @thomasharris671 ปีที่แล้ว +3

    Thank you very much for breaking this down. Life changing advice right here! Take notes

    • @Thehoanthai
      @Thehoanthai ปีที่แล้ว

      I appreciate you watching and learning

  • @JEDISMITE
    @JEDISMITE 7 หลายเดือนก่อน

    This video is dope. Great job.

  • @rajeshkasturi4209
    @rajeshkasturi4209 ปีที่แล้ว +1

    Great information amazing

  • @BodaciousWench
    @BodaciousWench ปีที่แล้ว +1

    No closed caption

  • @CarlosGonzalez-ib9bc
    @CarlosGonzalez-ib9bc 3 หลายเดือนก่อน

    Lack of crucial details like, how do you balance transfer from credit card to checking and getting 0% interest on existing cards.

    • @BuenDiaAmor
      @BuenDiaAmor หลายเดือนก่อน

      When one get a new card there is often a promo of 18 months without interest.

  • @Brian-je9bf
    @Brian-je9bf ปีที่แล้ว +3

    How do you do a balance transfer to your checking account? Wouldn’t it be a cash advance!!???

    • @gagandeepsinghsaggu4072
      @gagandeepsinghsaggu4072 ปีที่แล้ว

      I have same question. They charge a lot for that . Please explain

    • @Thehoanthai
      @Thehoanthai ปีที่แล้ว +4

      So I do a balance transfer into my bank account directly. Technically different (name wise) than a cash advance, so I save massively on the fees. I usually have to pay 3% as a fee but get zero % interest for 18 months when I do it that way. My net cost was like if I took out a 2.65% interest loan. Good catch, but as I mentioned make sure you do a “balance transfer” and not a “cash advance”. Talk to your credit card company and ask. It’s literally what I do.

    • @TheHiphopgems
      @TheHiphopgems ปีที่แล้ว

      Same question I had

    • @SufiKingdom
      @SufiKingdom ปีที่แล้ว

      I always take promotional offer advantage. It only charges me 3% to transfer to my checking account. I transfer $5000 to my checking account and invest that into Bitcoin or Index funds, I have 0% interest for a year. I pay them $5150 in lump sump before promotional period l end and keep my Crypto or Stock profit. I still make minimum payment though! Used their money to make money and paid their money back. Only thing you need to keep in mind is, to maintain good credit score, and utilize only under 15%. That’s just me being more conscious. And you must not forget to pay it back in time.

    • @sidelmurray4955
      @sidelmurray4955 6 หลายเดือนก่อน

      Some credit cards issue what are known as convenience checks. Instead of the credit card company doing the transfer for you, you can request these convenience checks which allows you to pay the creditors yourself. Instead of making the checks out to your creditors, make it out to yourself and deposit the check into your personal bank account. It's technically a balance transfer, so 0% interest.

  • @esco.letsgo
    @esco.letsgo 9 หลายเดือนก่อน +1

    He got hurt, he got injured… 🤕🤣

  • @robertg1556
    @robertg1556 4 หลายเดือนก่อน

    How do you get promotional 0 percent interest without having to get new cards?

  • @QueenSorrow5150
    @QueenSorrow5150 8 หลายเดือนก่อน

    I believe its explained easy enough for my daughter to understand. 😂❤I'll find out. Thanks

    • @HoanZone
      @HoanZone  8 หลายเดือนก่อน

      That's important because she'll be building wealth before you know it

  • @BaileyZLeone
    @BaileyZLeone 7 หลายเดือนก่อน

    That's a lot of cards to use if you want to buy Rental facility to rent Out to Renters.

  • @Patriot_here
    @Patriot_here 6 หลายเดือนก่อน +1

    Way deeper into debt trap

  • @BaileyZLeone
    @BaileyZLeone 7 หลายเดือนก่อน

    It sounds like you'd have to have the card for a couple of years before the card could actually b. And any use to you. What kind of assets could I possibly buy on a starting card of five hundred. To build wealth. As i build up the cards cap. ???

  • @THE_CEILING_MASTER
    @THE_CEILING_MASTER 2 ปีที่แล้ว +1

    What about the down payment for the propertie?

    • @HoanZone
      @HoanZone  ปีที่แล้ว

      What down payment?

    • @Thehoanthai
      @Thehoanthai ปีที่แล้ว +1

      @The Grumpy Horticulturist it was a joke since here in America where I invest I don’t put down payments down when buying properties. I will use the credit cards to pay for the entire property. I may use credit cards in combination with seller finance or subject to to really supercharge my acquisitions.

    • @isata88
      @isata88 ปีที่แล้ว

      You can actually do that? On what conditions?

    • @HoanZone
      @HoanZone  8 หลายเดือนก่อน +4

      @@isata88 you can buy properties using "all cash" and just have the money come from lines of credit and credit cards. If you've transferred all the money into your bank account from the cards it's now cash and you can do anything you want with it including buying properties

    • @eric123426
      @eric123426 หลายเดือนก่อน

      @@HoanZoneso you get cash advances and use those as a down payment?

  • @MichaelStewart-y3u
    @MichaelStewart-y3u 5 หลายเดือนก่อน +1

    Credit cards to buy property is the most ridiculous thing I've ever heard! Playing the lottery makes more sense!! If it's other people's money then it's other people's money!!

    • @RedRider1600
      @RedRider1600 หลายเดือนก่อน +1

      Buying property with "other people's money" is how it is normally done. Very few people pay all cash for property.

    • @BuenDiaAmor
      @BuenDiaAmor หลายเดือนก่อน

      Explain please

  • @wesallstar9273
    @wesallstar9273 7 หลายเดือนก่อน

    Who hurt you?😂

  • @TALLXXL
    @TALLXXL 2 ปีที่แล้ว +1

    INTERESTING

  • @ةةهةهة
    @ةةهةهة 4 หลายเดือนก่อน +1

    My credit limit is 30k but I only use under 3k of that.