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Is it better to pay off your mortgage early or invest in investment property to build passive income. Or can you do both?
In this episode we cover the main reason why paying off your home or even investment property is NOT the way to get to a six figure passive income. And why paying off your mortgage is the slow path to becoming debt free - counterintuitively!
As odd as it sounds, it's true! Don't miss it.
Discussion Points:
00:00: Introduction
4:14: Paying off mortgage early
6:29: The value of holding multiple properties
7:43: How to efficiently pay off debt
10:18: Accelerating property portfolio
10:53: The importance of confidence and education
11:51: Properties must be cash-flow positive
13:29: Achieving long-term and short-term growth
About The Host:
Subscribe to Aus Property Mastery with PK for no BS, “straight to the point” property investing strategies and data-driven insights about the Australian housing market - the only property podcast not biased by a “Buyers Agent”. You can listen to Aus Property Mastery on Apple Podcasts, Spotify & YouTube Music.
PK Gupta is the founder of the Property Investment Accelerator — Australia's #1 Rated And ONLY 100% Independent Real Estate Course & Mentorship Program that helps people achieve passive income through property investing using DATA, WITHOUT wasting months doing "research", spending weekends at inspections OR dropping $10-20k on Buyers Agents each time.
Resources:
Disclaimer: No Legal, Financial & Taxation Advice
The Listener, Reader or Viewer acknowledges and agrees that:
See omnystudio.com/listener for privacy information.
By PK GuptaIs it better to pay off your mortgage early or invest in investment property to build passive income. Or can you do both?
In this episode we cover the main reason why paying off your home or even investment property is NOT the way to get to a six figure passive income. And why paying off your mortgage is the slow path to becoming debt free - counterintuitively!
As odd as it sounds, it's true! Don't miss it.
Discussion Points:
00:00: Introduction
4:14: Paying off mortgage early
6:29: The value of holding multiple properties
7:43: How to efficiently pay off debt
10:18: Accelerating property portfolio
10:53: The importance of confidence and education
11:51: Properties must be cash-flow positive
13:29: Achieving long-term and short-term growth
About The Host:
Subscribe to Aus Property Mastery with PK for no BS, “straight to the point” property investing strategies and data-driven insights about the Australian housing market - the only property podcast not biased by a “Buyers Agent”. You can listen to Aus Property Mastery on Apple Podcasts, Spotify & YouTube Music.
PK Gupta is the founder of the Property Investment Accelerator — Australia's #1 Rated And ONLY 100% Independent Real Estate Course & Mentorship Program that helps people achieve passive income through property investing using DATA, WITHOUT wasting months doing "research", spending weekends at inspections OR dropping $10-20k on Buyers Agents each time.
Resources:
Disclaimer: No Legal, Financial & Taxation Advice
The Listener, Reader or Viewer acknowledges and agrees that:
See omnystudio.com/listener for privacy information.