When to stop Acquiring and When to Pay Off

[Account Closed]

Hello all,

Hoping for feedback from investors who have made the decision, or are contemplating the decision, to move from the acquisition phase to paying off all debt.  

At which point in your career did you make this decision and what was the catalyst?  

I have met investors who keep acquiring and want to get to 100 units, others want 10 free and clear.  

I am sure everyone has there own reason for buying properties and the number of units is a personal decision.  Even if you purchased a single property with a mortgage at some point you decided, or the outside factors decided for you, to stop purchasing.  

Thanks in advance for any responses.

Russ