phil1818 wrote:rb85 wrote:phil1818 wrote:rb85 wrote:Without going down the path of personally talking about anyones individual circumstances it's got me stumped why people are in debt to not only have their primary place of residence but then another investment property or 3 on the side. Being in so much debt must not be good for peoples stress levels etc.
Any decision to relocate is obviously a personal one with many factors to consider but little to no mortgage is always a plus lets face it life is for living as much as you can.
Having investment properties is how you get ahead, it cost bugger all more because you have a tenant in them paying most of the mortgage then years down the track when you sell them and have more money then you know what to do with then it’s well worth it
In all due respect Phil I don’t think it’s the best place to be debating investment strategies going to agree to disagree and opt out of this one. As without calculating all the cost factors and comparing it to other investments we won’t be proving anything.
In all due respect you brought it up by saying it’s got you stumped, iam not wanting to debate it at all just my opinion that’s its worked out very very well for me that’s all
Not just for you, it has for me as well. Very well