There was an article in the Fin Review this morning about house-hold debt.
That’s because the average household debt is now twice annual incomes – and rising.
And of course, that is largely made up of property debt.
After all it’s hard to borrow twice your yearly income – and spend it on flat screen TV’s and Pokies.
(Although sadly, if the banks would lend the money…some folks would do it.).
The challenge with debt is it’s so hard to pay off.
Because with the cost of living being so high…after loan repayments, tax etc…there ain’t a lot left over at the end of each month.
And despite, what the budget-scolds tell us scrimping and saving only gets us so far.
And let’s face it; most of us like eating out occasionally….we don’t want to live on Ramen noodles trying to get rich.
The good news is, at Multiple Streams of Property Income…you’ll discover how to become a “debt-eating monster”.
I’m not talking about cutting your debt by an extra $50 a month.
Nope. I am talking about potentially taking ‘big monster-size bites’ out your debt burden through creative real estate strategies.
- Doing a ‘splitter’ deal that could potentially take as much as $70,000 of your mortgage in one bite. (Imagine, if you did 3 deals like this per year).
- Or a cashflow deal that potentially gives you up to $30,000 per year in extra passive income – this is extra income can go directly towards slashing property debt
- And, even how to make money in real estate – without taking on any more debt at all! Yes, that’s right – you can create wealth in real estate…without getting a bankloan using this simple strategy. You’ll see how everyday Aussies are doing it now.
- And much more.
So, don’t settle for the 30-year debt repayment plan.
That’s because, it could end up costing you as much as you $1 million+ in just in extra repayments.
Join the 100’s of smart investors at Multiple Streams of Property Income, and learn how to potentially gobble up your property debt in 5 years – not 30.