The Pumped On Property Show

How to make $8000/month in Passive Income | Property Investing


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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.

DISCLAIMER No Legal, Financial, and Taxation advice. The Listener acknowledges, consents, and agrees that: 

• The Listener’s access to and viewing of the content presented on the Channel is subject to this Disclaimer and you agree to be unconditionally bound by this Disclaimer.

• Any information provided by us is conveyed as general information and for general information, educational, or other non-advice-related purposes only. • We have not taken the Listeners’ personal and financial circumstances into account when providing information.  • We must not and have not provided legal, financial, investment, and/or taxation advice, recommendation, or guidance to the Listener.  • The information provided by us must be verified by the Listener or an independent professional advisor including a legal, financial, taxation, accounting, or other relevant advisor prior to the Listener acting or relying on the information.  • The information may not be suitable or applicable to the Listener’s individual circumstances, needs, objectives or financial situation.  • All information and content provided by us is given in good faith and has been derived from sources believed to be accurate. However, the information is selective and may not be verified by us. Information provided by us on this Channel may not be complete or accurate for your purposes and we make no representation or warranty of any kind as to the accuracy or completeness of the information provided. It is general information only and should not be relied upon for any purpose.  • We do not give any warranty of reliability or accuracy nor do we accept any responsibility arising in any other way including by reason of negligence for, errors in, or omissions from, the information on this Channel (whether under law, contracts, or torts) and we do not accept any liability for any expenses, losses or damages, however, caused, directly and/ or indirectly as a result of any person relying on any information on this Channel or being unable to access this Channel. You expressly agree that your browsing of this Channel is entirely at your own risk.  • We do not hold an Australian Financial Services Licence as defined by section 9 of the Corporations Act 2001 (Cth) and we are not authorized to provide financial services to the Listener, and we have not provided financial services to the Listener.  • You agree that Australian Law will govern this Disclaimer and the Channel. Any dispute arising out of, or in connection with the Channel will be subject to the exclusive jurisdiction and venue of the federal and state courts within Australia.

 

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The Pumped On Property ShowBy Ben Everingham

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