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:
You often speak of 3 phases of investing:
- 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.