039 Interest Rates - Why Do They Matter‪?‬ Property Solopreneur with Rachael Troughton

When in need of money to grow your business and invest in properties, you may decide to take on a mortgage with its interest rates. But what happens after you pay off your mortgage? What is left of your income at the end of the day? In today's episode, I'll be talking about debts, interest rates and how most property investors feel about incurring them. I'll also stress the importance of having a steady income strategy so all your hard work pays off at the end.
What You Will Learn In This Episode:
- How I've been handling mortgages and interest rates on my property journey 
- The struggles that dealing with mortgages and their interest rates brings
- What causes the increase or decrease in interest rates 
- Factors to consider before choosing a mortgage plan  
It's important to maintain a steady income from your property business so you don't have to worry about the rise or fall of interest rates. Be aware of your danger points and other necessary things to consider when selecting a mortgage so you don't run at a huge loss. As long as you've got a solid income strategy for your business, you can get your money's worth out of each property you invest in.
Resources:
- Download my Property Business Checklist at https://www.rachaeltroughton.com/checklist
- My website https://www.rachaeltroughton.com
- Find me on Instagram https://www.instagram.com/rachael_troughton