In context, daft. You're not maximising your net worth doing it this way.I would be interested if someome can tell me if I am absolutley daft or not....
As your portfolios grow, your bottom line always alters. Imagine having an $80k IP with $64k debt 20 years ago and never paying off any principal. That house would be worth $500k now and you'd only owe $64k. There are some on this forum that would bost $64k is spare change under the couch.against paying it to the bank and the bottom line never looking like it's altering.......
I don't agree with others who think "making you feel better" is important. It's an excuse for complacency. You most likely took big steps and took on big learning curves to learn property investing but now you've stopped pushing into those uncomfortable zones. Food for thought.Doing it this way the properties are going up and our debt is reducing big time...this too me makes me feel better???