Show Notes
BUY PROPERTY! BUY PROPERTY!
Load up on property!
Wow, ok, chill out.
“What happens when you have 10 properties, then what? You just have a mountain of debt and a shit load of properties? I want to know how to exit and create that passive income!”
It’s at that point the person telling you to buy up everything goes quiet.
We rarely hear about the Exit Strategies to property invesment!
That is what this Live Session tomorrow night at 7:30pm NSW time is all about.
We have Steve Palise and special guest host Jordan de Jong, along myself as we run through…
The Top 7 Exit Strategies To A Successful Property Portfolio!
You wont find this info anywhere else!
Who is jumping on this session?Â
Topics we’ll be talking about include:
- The future of various aspects of commercial property & how it impacts your investing. This one is bound to be juicy, insightful and actionable!
- Recent deals from Palise – sharing the numbers and all (if we can convince him)
- Exit strategies that can assist with “Future Proofing” your future.
Episode Highlights
13:12 Why is having an exit strategy so important?
19:23 How important is having an exit strategy for us?
24:42 Overview of exit strategies : Keeping all of your properties and not paying down the debt
32:42 Overview of exit strategies : Keeping all your properties, but paying down the debt
33:37 Pros & Cons of the “Keeping all your properties, but paying down the debt” exit strategy
41:48 Overview of exit strategies : Keeping all your properties and increasing the debt
47:09 Do you have any thoughts on living off a line of credit?
50:18 Overview of exit strategies : Selling part of your portfolio to pay down debt
58:31 Can living in a van and asking the bank for mortgage to buy another house and live off that passive income be an exit portfolio? Will bank allow us to borrow?
1:00:08 Overview of exit strategies : Selling parts of your portfolio and living off the profit
1:14:06 Overview of exit strategies : Selling some properties by vendor finance
1:18:50 Will the banks lend to the purchase though with Vendor Finance?
1:26:42 Gameplans Overview
1:43:31 Would love to hear your thoughts Jordan on achieving Passive income (Pre retirement) and then maximising tax benifits post retirement?
Episode Resources
Connect Steve Palise: https://www.paliseproperty.com/
Other Guests On Our Lives
Chris Gray, Amanda Farmer, Steve Palise, Nathan Birch, Todd Sloan, Cate Bakos, Mike Mortlock, Lloyd Edge, Karen Baldwin, Rob Flux, Kent Lardner, Charley Valher, Bernadette Janson, Pete Wargent, Melinda Jennison, Bushy Martin, Michelle Lewis, Peter Koulizos, Jane Slack-Smith, Joe Tucker, Jordan De Jong, Scott Aggett, Belinda Smith, Jef Miles and more.