Thursday, 03rd September 2015
I'm often asked how many properties people need in their portfolios and I always say it's up to them…
Their individual investment aims need to be fully explored before we can find an answer.
Do they want to retire early or in 20 years' time? Do they need a full-time income equivalent or are they topping up to cover education expenses and holidays?
As a general rule (and to have a comfortable lifestyle), I suggest between 3-5 properties.
If you have at least 20 years left to work, this is achievable without hassle.
Even if you only have 10-15 years until retirement, I believe you can comfortably acquire 3 properties in that period of time.
Until next time,