Part 5/7:
Mortgages: $294,800
Other Liabilities: $456
Total liabilities amount to $296,000, resulting in a net worth of approximately $493,000. Gal emphasizes that she doesn't view her mortgage as "bad" debt because it is tied to her investments, highlighting a nuanced understanding of the different types of debt one can incur.
Future Goals and Plans
Gal’s ultimate goal is to reach a net worth of $1 million. She strategically plans to achieve this through calculated investment decisions, such as potentially refinancing her properties for down payments on additional real estate investments. Gal stresses the importance of maintaining a growth mindset and consistently evaluating and modifying her strategies to align with her long-term goals.