Should You Pay Off Your Mortgage Or Invest In Real Estate

Should You Pay Off Your Mortgage Or Invest In Real Estate ✅ TAKE THE ASSESSMENT: What kind of real estate investor are you? https://vzjtxx6pblg.typeform.com/to/Lk8IpVUN ✅ Visit my website at https://www.darrenvoros.com/ ****DISCLAIMER: With any and all investing you should always obtain independent legal, taxation and financial advice from a licensed professional before investing any of your own money. Time map: 00:00 Should you pay off your mortgage or invest in real estate? 00:27 My mission 00:35 Benefits in paying your mortgage 00:59 Peace of mind 01:34 Decreased living costs 01:59 Less interest 02:29 Drawback in paying your mortgage 02:33 Reducing your borrowing power 03:04 You still have costs 03:12 Lower return on investment 04:03 Drawbacks in Investing in Real Estate 04:06 More management required 04:25 New courses 04:52 You can lose money if you don’t know what you’re doing 05:29 Benefits of investing in real estate 05:33 Higher rates of return 06:12 Leveraging and scaling 07:03 Passive income 07:30 My personal perspective 08:12 Let’s connect ____________________ My favourite real estate investing software Legal - https://www.lawdepot.ca/?pid=pg-0EG7S51CZG-generaltextlink Project Management - https://mondaycom.grsm.io/darrenvoros6613 Property Analysis - https://dealcheck.io?fp_ref=darren84 Have a question? Best to comment on YouTube or DM on Instagram or Facebook. Instagram: https://www.instagram.com/darren.voros/ Facebook: https://www.facebook.com/REIbyDarrenVoros/ Website: https://darrenvoros.com/ ►SUBSCRIBE: https://www.youtube.com/darrenvoros ____________________ Darren Voros Darren’s diverse skillset has taken him to many stages around the world. He has been featured as an on-air renovation expert on “The Goods” (CBC) and “CityLine” (CityTV). Darren was also the behind the scenes contractor on “Save My Reno” (HGTV) and “Game of Homes (W Network). Darren is an accomplished real estate investor, trainer and coach. He controls a portfolio of properties worth just over $30,000,000 and has travelled across North America educating, inspiring and motivating audiences on the subject of real estate investing, financial independence and financial literacy. Darren’s willingness to give back prompted him to launch his YouTube channel in 2020 in order to have a wider reach in educating investors.