09 Feb Ask Michael Anything – How to reduce debt to live of your property portfolio?
The ultimate dream for a property investor it to get to a stage where they could comfortably live off their investments – but how can this be done safely?
This week watch Michael explain and discuss the steps to take to ensure your financial security.
This week’s question:
Michael,
You often speak of 3 phases of investing:
- Accumulation
- Debt Reduction
- Living off your property
Could you please explain how you go about reducing your debt in the second stage to the point where you can live off your property portfolio.
Margaret, Elsternwick
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