Bank Takes $145,000 From Property Investor's House Sale ... Without Asking ⎜ Ep. 883

<p>In this episode, we discuss a recent property investment story, where a bank took $145,000 of an investor's sale proceeds ... without asking.</p> <p><br></p> <p>The money was used to pay down the investor's personal debts, which they were unable to afford (under the bank's calculations) after one of the investors recently changed jobs.</p> <p><br></p> <p>This reinforces the need for property investors to employ the split banking strategy in order to protect themselves.</p> <p><br></p> <p>We also mention the <a href="https://www.opespartners.co.nz/property-coaching" target="_blank">Opes Property Coaching programme</a>. If you want to start or grow a property investment portfolio this year, then your next step is to come and see us for a Portfolio Planning Session.</p>