Please Note: This episode is a re-run. The original air-date was on August 6, 2015. 😊
“Begin with the end in mind.”
Stephen Covey
In this week’s bonus episode, we’re rewinding the clocks and revisiting a past episode that covers a core strategy every investor should have…
Your Exit Strategy
From the “Buying and Holding” to the “Buying and Selling” strategy, we’re exploring the many ways an investor can leave the property market and which approach works best under certain conditions.
Plus, tune in to hear how you can easily calculate the cost of your lifestyle (thereby how much you need to retire), understand the math behind reverse mortgages and learn: How realistic is the living off equity strategy?
An old episode that covers an evergreen concept, tune in now folks!
Free Stuff Mentioned
- Money Magazine: Earn $55k a year in rental income
Read our cover story in Money Magazine which explains how to retire on a passive income from a well-designed property portfolio. - 024 | Seven Habits of Highly Effective Property Investors
Listen to the next episode, where we break down the seven habits from Stephen Covey’s book and discuss how they apply to property investing.
Timestamps
- 0:00 – Exit Strategy
- 1:58 – Where this episode came from
- 5:21 – Living off Equity
- 8:03 – “A goal without a date is just a dream”
- 9:57 – What fulfils you?
- 12:07 – How to calculate the cost of your lifestyle
- 14:22 – Buying & Holding
- 16:05 – Buying & Selling
- 19:40 – How realistic is living off equity?
- 20:18 – Reverse Mortgages
- 23:29 – This is Nirvana for Bryce
- 25:38 – Why most investors only need 3-5 investment properties
- 27:05 – Is Fractional Selling the Future?