Exploring The Financial Freedom Foundation Strategy

Published: April 19, 2018, 11 p.m.

b'ARVE Error: Mode: lazyload not available (ARVE Pro not active?), switching to normal mode\\n\\n\\n\\n\\n\\n\\n\\n\\n{"@context":"http:\\\\/\\\\/schema.org\\\\/","@id":"https:\\\\/\\\\/onproperty.com.au\\\\/financial-freedom-foundation-strategy\\\\/#arve-youtube-307hhwmg9hm659a0b2db89b3840112313","type":"VideoObject","embedURL":"https:\\\\/\\\\/www.youtube-nocookie.com\\\\/embed\\\\/307hhWMg9HM?feature=oembed&iv_load_policy=3&modestbranding=1&rel=0&autohide=1&playsinline=0&autoplay=0"}\\n\\n\\n\\n\\n\\nIn this episode I sit down with Ben Everingham and we explore the Financial Freedom Foundation strategy (to be renamed) and what our thoughts are about it. This is really raw and fresh for us so it\'s a very candid look into our thought process.\\nBook a free strategy session to secure your financial freedom foundation\\nFor those of you wanting the outline of this strategy without watching the video here are the basics:\\n\\n \\tYou purchase 2 properties valued at approximately $400,000 that rent for approximately $400-$420/week\\n \\tYou build 1 granny flat on EACH of those properties. This will cost around $110,000 and should rent for around $280-$300/week\\n \\tYour properties are now cash flow neutral or positive\\n \\tYou have a Principal and Interest loan over approximately 25 years\\n \\tThe properties will now go on to pay themselves off. In 25 years when they are paid off you use the cash flow from the rental income to become financially free.\\n \\tBy buying these 2 properties you have a financial freedom foundation. You know (bearing unfortunate circumstances) that you will be financially free in the future. You can now focus on living a great life and working in a career you absolutely love.\\n \\tYou can also get aggressive and lower the time period from 25 years using multiple different methods. Invest in more properties to pay down debt faster, start a business, get a pay rise etc.\\n\\nTranscription:\\nHi Guys, Ryan here from on-property Dotcom Donohue and today I have with me none other than Ben Everingham. We are in the same room at the moment, which rarely happens. Usually we\'re just talking over the phone, but we wanted to meet up to talk about this new financial freedom foundation or two property strategy or we haven\'t quite worked out the name yet, but basically this is all fairly new for us, so because I just wanted to capture the conversation, we\'ve had a quick convo about it but not a huge one and so we thought do something more casual today, kind of capture the essence of this idea because we really do think that this is quite revolutionary and could help a lot of people.\\n\\nYeah. So Ryan, run me the other day, be safe for some of you that have been following us for a while. We\'ve got the four properties strategy that we\'ve been talking about. Um, but I\'m on my way home and Ryan\'s like, I\'ve got something amazing to talk to you about.\\n\\nYeah, I like texting him. I was like, had this feeling in the morning. I was like, I\'m going to have a good idea today. Something bad\'s gonna happen. So I\'m like, I\'m going to go for a surf because that helps my creativity in the surf. Like the idea hits me. I like run home from the setup. I like text Ben Unlike call me. I\'m like, if you\'ve got something on Kansas, can you call? And then like three hours later he texts me. He\'s like, dude, just go. You message. Unfortunately, or fortunately I have clients that I have to talk to as well, but Brian is building up,\\n\\num, that. So Ryan\'s texts me and then we\'ve talked in the up on the way home and I\'ve literally got goosebumps about this concept because it means that every single person that we get to work with that follows the strategy will end up financially independent. Cashflow was, it just will take a little bit longer for some people and a little bit shorter for others. But we\'ve been thinking about these figures in, in years now, me personally, and I\'ve always been looking for a way that the average person like me can achieve financial independence in a relatively reasonable period of time without ...'