Leroy wants to pay down the mortgages on his rental properties to reach his Freedom Number faster. Here's how to do that.
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How to Pay Off Your Rental Properties Quickly
If you’ve purchased and marketed your rentals correctly, then your mortgage should cost less than your rental income. In that case, you can put the extra cash flow toward paying off your loan. If the process is going slower than you’d hoped, I want to remind you of the three stages of real estate investing: buy, own, and cash flow. Eventually, it will happen. I implore you to set a goal and map out a way to get there.
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