Conventional Canadian wisdom has it that you should pay down your mortgage as fast as you can. This idea, though popular, is exactly the wrong thing to do when to do it comes to real estate investing. Instead you should actually increase the debt in your home to invest in more cash-flow producing property. Why? [...]
So you have a little extra money and you’re thinking about using it to pay down your mortgage - is that a good idea, or should you be doing something else instead? Andrew la Fleur shares his controversial opinion on debt, and shares some ‘secrets of the rich’ in this episode. EPISODE HIGHLIGHTS 2:05 Debt [...]
4 facts about debt that every investor needs to understand
February 13, 2018 / by Andrew la Fleur / Insights
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Why Paying Off Your Mortgage Is a Terrible Idea and What You Should Do Instead
February 3, 2017 / by Andrew la Fleur / Podcast
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