How I'll retire on $200,000 a year
podcast

How I'll retire on $200,000 a year

By Staff Reporter

This week on The Smart Property Investment Show we are joined by Mitchell Burge – an investor with 12 properties who has gone to incredible lengths in order to play it safe. 

Mitchell has a loan-to-value ratio hovering around the 58 per cent mark – conservative figures by any measure.

No more than two of his 12 investment properties are with one bank, and he owes no more than $900,000 with any lender.

Australia has some of the most resilient banks in the world, so why is Mitchell being so cautious? And will his strategy backfire when it comes to future portfolio growth?

That’s not all.

The 32-year-old’s air conditioning business is profitable, and his portfolio is neutrally geared and set to deliver massive future returns, but he still chooses to draw the same salary as he did five years ago – preferring instead to keep the extra earnings for a rainy day.

What’s his end game – and is playing it safe the smart move, or is Mitchell’s strategy overkill in the current interest rate environment?

Join @philliptarrant and Sterling Publishing's group publisher Alex Whitlock as they chat to Mitchell about all things finance. 

All this and more coming up on this episode of The Smart Property Investment Show. 

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The Smart Property Investment Show gives you insight, strategies and tactics that every property investor can use.

In each episode, the Smart Property Investment team and its special guests will break down what's happening in the world of property investment, how it affects everyday property investors and how they can take advantage of it.

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Listen to other instalments of The Smart Property Investment Show:
Episode 104: New podcast: Q&A session with Paul Glossop – more questions answered!
Episode 103: Special Episode: Phil and Munzurul talk steering the growth and development of portfolios by managing cash flow
Episode 102: Investor reveals how to find the perfect property manager
Episode 101: From 12 to 100 properties – how this investor will achieve his goals
Episode 100: Property investor talks research, teamwork and balance in his portfolio
Episode 99: Portfolio update: SPI opens its books to reveal all the nitty-gritty details
Episode 98: Buyer's agent forecasts what’s to come for Aussie property market
Episode 97: ‘How we achieved financial security through property’ – the Property Twins reveal all
Episode 96: Tips for tackling pest and building inspections head-on
Episode 95: The top 10 things every investor should check before buying a property
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How I'll retire on $200,000 a year
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