Should You Plan to Live in Your Investment Properties? | Ep. 125

In this episode, we discuss whether you should ever think about moving into your investment properties? This is a question that is frequently raised by newbie investors. They're thinking about moving to a city in the future and wonder whether they can lock in today's property prices, rather than pay more in the future. 

Generally, this isn't the best idea. If you buy an investment property with the intention of living in it, emotion can start to cloud your decision making. You may make a bad investment. 

Instead, it's a better idea to buy a property, or a series of investment properties that make sense on their own. Then when you are ready to buy your own property, you can leverage off the equity gained in your investments so you can purchase the home you want to live in. 

In the show, we also mention our Epic Guide to Mortgages. If you're planning to buy a property in 2020, this 9,500 word guide will teach you everything you need to know about getting a mortgage and paying it down more quickly.