2 Properties to Financial Freedom 

2 HOUSES + 2 GRANNY FLATS + PAY OFF DEBT = FINANCIAL FREEDOM
What if achieving financial freedom wasn’t hard to achieve?
With the 2 Properties to Financial Freedom strategy it isn’t!
Here’s the details:
ACCUMULATION: Lay the foundations for financial freedom
Step 1: Purchase your 2 foundational properties and build a granny flat on each of those properties.
The aim is that these properties will pay for themselves and go on to deliver you financial freedom once the debt is completely paid off.
EXAMPLE
Property #1
$600,000 House
$210,000 Granny Flat Build
Rents for $500/week
Rents for $350/week
Property #2
$600,000 House
$210,000 Granny Flat Build
Rents for $500/week
Rents for $350/week
Important Points
Each property has a principal and interest loan over 25 years
Each property should be approximately cash flow neutral up to a 5% interest rate
The numbers don’t have to be exactly this, you can change the numbers based on your circumstances and goals
The aim is for these properties to be paid off over the life of the loan (baring unfortunate circumstances). So now your focus shifts to paying off the debt quicker.
CONSOLIDATION: Speed up the process of achieving financial freedom
Step 2: You now focus on paying off the debt on your foundational properties faster, buying more foundational properties or making a positive change in your life.
Paying down debt​ can be done in several ways:
Invest in more properties and use capital growth or cash flow to pay off debt
Earn more through your employment and use the extra money to pay down debt
Spend less and use the extra savings to pay down debt
Start a business and use income from the business to pay off the debt
Growing​ your foundation is all about expanding your portfolio from 2 properties to 3 or more properties using the same or a similar strategy.
Now that you have your foundational properties you don’t need that job you hate anymore to save for retirement. Now could be the time to make a change for the better​ in your life. Change careers, move locations, work less and live more.
FREEDOM: Live your life your way
Step 3: After your foundational properties are paid off completely, you can take the income from those properties and pay yourself a wage.
Without debt, you will be financially free!
This is just the beginning of the journey. Now you can work out what to do for the rest of your life.
WHAT ABOUT YOUR HOUSE?
Owning your own home is an important goal for many people but it is not required for financial freedom, which is why the 2 properties to financial freedom strategy doesn’t focus on it.
Like what you've watched so far?
Why not book a one-on-one Strategy Session with us here:
pumpedonproper...
What can you expect from your free strategy session?
In your strategy session, we will discuss:
1. Where you are right now
2. Where do you want to be longer-term
3. What’s been holding you back from achieving your property investment goals until now
4. Your next action steps
You’ll walk away from the call with a clear plan in place and the confidence you need to invest in your next property.
For those who don't know me, I'm the founder of Pumped On Property. Since 2015 we’ve helped thousands of investors buy more than $400,000,000 worth of investment property.
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