February 06, 2020

TYLER BOSSETTI: Steps To Building Good Credit

44 minutes

On this episode of Real Talk University, Andre and Christian sat down with Tyler Bossetti, an entrepreneur focused in credit and real estate. Tyler helps clients obtain funding for 0% and repair their scores for their businesses. He also crushes it as a real estate investor, and even lets people invest in properties with him to see a terrific return. He dropped a ton of knowledge, but here are the 3 main takeaways:

Risky investments are fine, as long as you trickle the profits into safe investments. Tyler is big into crypto investing at the moment, and he doesn’t advise against a volatile, uncertain trade as long as you have an exit strategy with it. Make your massive return, and then turn it over into a safe investment with stocks or real estate.

No credit is worse than bad credit. Many people are scared to start building credit due to fears of the unknown. Not knowing how credit works translates to a fear of ruining your credit score, leading you to taking no action at all. But, it really is not as complicated as people make it seem. Get a credit card, make regular payments on the balance you accrue filling up your gas tank or going out to eat, and see your score get stronger as time passes.

Make sure your initial credit card is from a trustworthy, major bank. Building a great credit relationship with a reputable and well known bank will benefit you in the long run, as the benefits these cards will offer are far superior what other banks can offer with their cards. As your business scales, you can even obtain business credit that will have really lucrative rewards as you rack up major points with your business expenses.

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Contact Tyler:

Instagram: @tylerbossetti

Contact The Hosts:

Andre: [email protected]

Christian: [email protected]

Twitter: @realtalkuni

Instagram: @realtalkunipodcast

Website: https://www.realtalkuni.com/

Thank you and enjoy!

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