Financial Security in 2-3 Years?…this may actually be possible

[arve url="https://www.youtube.com/watch?v=Mas5DBxAWgc" mode="lazyload" align="center" /] What if you could lock in your financial security in just 2-3 years? It's actually possible with the 2 properties to financial freedom strategy. Free Strategy Session - https://onproperty.com.au/session/ 0:00 - Lock in your financial freedom in just 2-3 years 0:50 - The 2 Properties to financial freedom strategy 1:45 - There are variations on this strategy 2:10 - How do we lock in financial freedom in just 2-3 years? 3:25 - Coffee break moment 4:00 - The core concept of this investment strategy 5:40 - You don't have to stop at 2 6:36 - The work is really all done in the beginning 8:48 - The next 15-25 years become about paying off those properties 11:09 - You can continue to invest to speed things up 12:13 - You don't have to work for 45 years to get financial freedom 14:08 - If you need help implementing this strategy Recommended Videos 2 Properties to Financial Freedom Strategy - https://www.youtube.com/watch?v=Pj8gLiDEz8Y Transcription: How would you like to hear about a property investment strategy where you can secure, you can lock in your financial freedom in just a couple of years work? Now, this sounds like a sleazy sales pitch. It's not okay. I want to talk about the two properties to financial freedom strategy, which almost anyone can implement and you're not going to achieve financial freedom at the end of those two to three years, but you're going to lock in financial freedom for the future so you work hard for a couple of years, secure the properties you need, and those properties will then go and do the hard work for you to achieve financial freedom. So we're going to look at that in today's episode. Go into some of the details and try and get you to understand this concept and consider it for your own investment journey. Hi, I'm Ryan from on-property condo. You helping you achieve financial freedom. And this idea came about about a bit under a year ago now. It's called the two properties to financial freedom strategy. The idea behind it and the key concept behind it is that you invest in properties that pay for themselves so you're getting more income than you're paying in rent, so positive cash flow properties, they pay for themselves, but they also pay themselves off so you're investing in the property, you're getting rent from the property, they're paying the expenses, but they're also paying off the debt and over time those properties will eventually pay themselves off completely, and when that's done, then that income can go into your pocket, so the two properties to financial freedom strategy as you purchase two properties build to granny flat, so you've got four income's been a positive cashflow situation, and then just focus on pain. Those properties off as quickly as possible. That's going to give you a baseline level of financial freedom. Once those properties are paid off and the money goes into your pocket, now you can do this differently. You don't have to do two properties to granny flats. You could do it with just single unit properties like not single units, but just single houses that you buy. You hold, you pay off. You don't have to build the granny flats. You could do it by investing in units. You could invest in blocks of units, you can invest in commercial property, but the basic idea is that you purchase property that is positive cashflow that then goes ahead to pay itself off and so how do we get the two to three years or maybe two to five years of work in order to lock in our financial freedom will. The idea here is that you spend a couple of years working hard maybe in a job that you don't completely love, but that pays well, but you spend that time working hard, being frugal, saving a deposit, researching the market, and actually actively investing in property so actively being out there looking at properties and purchasing properties, so you spend one, two, three, maybe five years to acquire those two properties. That's the hard work. You want to acquire the two properties. You want to build the granny flats, but after that, after he purchased the properties and build the granny flats, if those properties are positive cashflow, then the hard work is done. Okay? Because then those properties and now they're self contained to entities that are paying themselves off, so you don't need to be extremely actively involved with them anymore. You've got a property manager who's managing it. You need to do some work to manage the income of those properties, do maintenance and stuff like that, but you don't need to be actively saving, actively researching the market, actively investing. In order to achieve financial freedom. Let's just have a sip of this coffee because this is an intense idea and then we'll keep going seriously wide host coffee from sister Fox in Caringbah. So good. So delicious. If you follow me on Instagram, which you should at Ryan Mcclain, and I say l I N A, you'll say that I absolutely love my coffee. So let's continue to talk about this concept. Hopefully by now you kind of understand the idea that we're going to keep talking about it so that you can understand some of the more complexities about it. So something called with this concept is that idea that you buy your foundational property. So we tend to call them foundational properties because they will be the foundation that will go on and achieve financial freedom. So that's where the hard work is. That's where the hardy yards, that's where you've got to be saving and you've got to be investing to purchase the foundational properties. Now you can do this in a bunch of different ways. You could purchase the two properties first so you'd likely be in a negative cashflow position and then after you purchased the two properties, maybe you need to wait for equity to grow a bit, but then you borrow in order to build the granny flats and then getting that positive cashflow situation. She made it that two properties first. Then build the to granny flats. You may buy one property and then build the granny flat on that, which means that you've got to. You've got to invest some money into building the granny flat and it can affect your equity position because they don't really know how to value properties with granny flats. So that could make it harder to leverage into the second property. But that would mean your first property will be positive cashflow from the get go or once the granny flat is built so that could put you in a good cashflow position, which then helps you pay off debt which helps you save your deposit for your second property. So depending on how good your financial situation is, may want to do those two properties first, be negatively geared to build the granny flats, but it's going to be quick at a by those two properties. Or you might want to buy one property first, build the granny flat and then white a couple of years being a good cashflow position, wifey equity to grow. And then to the second one, depends on your risk profile, depends on what your cash flow situation is and as well you don't have to stop it too. You could do three of these. You could do four of these. I Know Ben from pumped on property, who's the buyer's agency that I work with that helps people implement the strategy. He's had people do three, four of these properties, people who are planning to do even more than that as well. So obviously the more you do when they're paid off, the more income that you want to have and while we're talking about Ben from pumped on property, a buyer's agent and we do work on the strategy together and he actually actively helps people invest using this strategy. So if you want to invest using this strategy, if you want some help to find these properties and to make this happen, then they are offering free strategy session. So go on probably.com dot EU forward slash session if you want to get on the phone with them, talk about where you're at and how you can implement this strategy with their help. So again that's on property.com, forward slash session. Yeah. So you can do two properties, you can do one property, you can do three, you can do for. But as you can see the work is really done in the beginning. The work is done, the biggest steps are acquiring the properties. That's probably the biggest step. And then the next biggest step in that is actually building the granny flats. Once you've done that, the rest is pretty simple. The rest is pretty straightforward and the rest kind of takes cares of itself and that's just managing the properties, renting them out, renting out the house, renting out the granny flat and then just collecting rents, money management, trying to maximize return on investment and stuff like that, but in order to purchase the properties and to do that hard work in the beginning, you need a good level of income. You need to save the deposits and you need to be actively going out there and investing. Once you own the properties, you don't need that high income anymore in order to support the properties because they're supporting themselves. They're paying themselves off because the positive cashflow, so at that point and might take you two years, it might take you three years, might take you five to purchase the two properties and to build the two granny flats, but after that point you don't need that high level of income anymore, are then free to go and explore life and to do what you want. So that's your financial freedom is now locked in. Obviously things can happen, right? So things can go backwards. Maybe you probably ends up being a dad, maybe you have something like Ben's horror story where there was actually a meth lab in one of his granny flats and the police came and they burnt down the granny flat. You know, you can have extreme examples, so obviously it's not locked in like a hundred percent,