219: Should You Pay Off Your Rental Property, Reinvest, or Buy More in 2024?
If you’re like most investors, you’ve probably asked yourself, “Should I pay off my rental property early?” With today’s high mortgage rates, troublesome inflation, low inventory, and risky economy, many investors don’t know whether it’s the right move to pay off their mortgage, reinvest in their properties, or go out and buy more. Paying down your debt gives you a guaranteed return, but with home prices still climbing, you could miss out on the sizable appreciation of getting another rental.
On today’s show, we’re going to debate which is the best move to make. Should you pay off debt, buy…
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