Ask Michael Anything [Video] – Living off equity

When it comes to your investment property, how long does it take to live off the equity? 

Watch as I discuss the difference between good and bad debt and how to pass property to your children without causing them financial burden.

This week's question: 

Thanks for providing this great facility to Ask Michael questions

Michael, I know you believe in borrowing against high growth properties and living off equity.

How and when do I pay down by debt?

When do I eventually own my properties?

I want to pass them to my kids, but using your system I'll be leaving them with debt.

• Also read:This week’s Australian Property Market Update – Latest Data, State by State October 22nd 2024
• Also read:Where should I buy my next investment property in Australia?
• Also read:Melbourne property market forecast for 2025
• Also read:Sydney property market forecast for 2025
• Also read:Brisbane’s property market forecast for 2025

I look forward to your answer.

Anthony Ling

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About Michael Yardney Michael is the founder of Metropole Property Strategists who help their clients grow, protect and pass on their wealth through independent, unbiased property advice and advocacy. He's once again been voted Australia's leading property investment adviser and one of Australia's 50 most influential Thought Leaders. His opinions are regularly featured in the media.