Ep. 104 - Should I Pay Off My Mortgage?

Help Shape The HMO Property Show! Tell us what you love, what you'd change, and what topics you want next. Take our quick survey here: https://wkf.ms/419QNLa Are you feeling trapped by your mortgage? 💸 Many people think that paying it off is the key to financial freedom, but is that really the case? 🤔 In this episode, Neil challenges this common belief and explores the pros and cons of paying off your mortgage. Neil dives into what financial freedom really means and emphasizes the importance of knowing your personal goals and how comfortable you are with risk before making such a big decision. 🎯 He also talks about the potential downside of tying up your money in a mortgage and discusses the benefits of investing in assets that can generate income, like HMOs. 💰   For more information, visit For those that prefer to watch you can also catch us on YouTube. Want help with your investment strategy? Reach out to us for a free, no-obligation initial chat with our team and see how we can help you with your investment journey. Book Now Join the Perth HMO and NDIS High Cashflow Investment Properties Facebook Group. The HMO Property CoWebsite: www.thehmopropertyco.com Instagram: @the_hmo_property_co FaceBook: The HMO Property Co LinkedIn: The HMO Property Co YouTube: The HMO Property Co TikTok: thehmopropertyco_ Spotify: The HMO Property Show Apple Podcast: The HMO Property Show Living Rooms - https://livingrooms.com.au/ Disclaimer Nothing on this channel should be considered tax, financial, investment or any kind of advice. Everyone should do their own due diligence as only a professional diagnosis of your specific situation can determine which strategies are right for your situation. Our goal is to frequently feature edgy and actionable value, thought leadership and property/investment strategies.