Joining us on this episode of Living Off Rentals is someone who's helped countless people escape the trap of long-term loans that can end up costing nearly twice the original amount.

Adam Carroll is a financial educator, speaker, and founder of The Shred Method. Through this approach, he's helped families and real estate investors accelerate their mortgage payoff timelines through smart money management and the strategic use of lines of credit.

Listen as he breaks down a simple but powerful strategy that turns traditional banking upside down and helps homeowners and investors eliminate debt, build equity faster, and save thousands in interest.

Enjoy the show!

Key Takeaways:

[00:00] Introducing Adam Carroll and his background

[02:36] What makes Adam interested in The Shred Method?

[04:40] The Shred Method defined

[06:28] How The Shred Method optimizes your cash flow and what it actually does

[09:05] Understanding amortization and how most payments go to interest

[10:51] How lump-sum payments speed up principal payoff

[11:59] Turning rental income into a faster wealth-building tool

[13:57] Why simple interest (HELOC) beats compound interest over time

[15:10] Using short-term borrowing to save long-term interest

[16:50] The benefits of the Shred Method

[18:50] Why traditional banking habits keep most people stuck

[22:45] Paying off vs. leveraging. How to decide what's right for you

[23:45] Why paying properties to zero isn't always the best move

[27:09] Can you get a KLOC on a rental property?

[32:51] Success stories from Shred Method

[38:47] How small wins create a financial snowball effect

[41:00] Most people don't have an income problem; they have a payment problem

[44:04] Outro

Guest Links:

Website: https://theshredmethod.com/

Show Links:

Living Off Rentals YouTube Channel – youtube.com/c/LivingOffRentals

Living Off Rentals YouTube Podcast Channel - youtube.com/c/LivingOffRentalsPodcast

Living Off Rentals Facebook Group – facebook.com/groups/livingoffrentals

Living Off Rentals Website – https://www.livingoffrentals.com/

Living Off Rentals Instagram – instagram.com/livingoffrentals

Living Off Rentals TikTok – tiktok.com/@livingoffrentals