4 Properties To Financial Freedom

You don’t need to own a huge amount of properties to achieve financial success. In this episode we outline the 4 properties to financial freedom strategy.

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For those of you who want the jist of it without watching the video or listening to the podcast here’s the basic outline.

  • Buy 2 Properties with a capital growth focus that will double their value in 15 years.
  • Buy 2 Properties with cash flow growth and add granny flats to increase income
  • After 15 years sell the first two properties to pay off debt on the next 2 properties.

You now have 4 incomes (2 houses + 2 granny flats) and can go out and live the life of your dreams.

Ryan: A lot of property content out there talks about how you can buy 10 properties in 10 years or how you can buy hundreds of properties in order to become financially successful, but me and ben here want to talk about something that’s a bit smaller than that and that’s this idea of four properties to financial freedom and how you don’t need this massive, massive portfolio in order to achieve your financial goals. You don’t need to have 10 properties in 10 years.

You don’t need to have a hundred and 30 properties in three and a half years. You don’t need this huge portfolio in order to have success in the property market and in order to achieve financial freedom and then be able to quit your job and spend time doing whatever you want to do. So. Hey Ben. Thanks for coming on again today.

Ben: G’Day Ryan. I’m actually really excited about this ep in particular. This is something you and I have been talking about a lot and I’m excited to sort of dig into it and show people a different way of thinking rather than more is more like this is a less is more type of approach.

Ryan: For those of you who don’t know, Ben. Ben Everingham is a buyer’s agent from pumped on property and he helps everyday investors like yourself basically find and invest in great properties that are in a good suburb that have good cash flow and that have opportunities to increase the value of the property or manufacture growth. So he is in the thick of it, day in, day out. Him and his team looking at properties and they’re working with people to help them achieve financial freedom. We’re not talking lamborghinis here and all of this sort of stuff.

We’re talking about everyday financial freedom where you can earn enough to get by that you don’t need to work, so your time is freed up to then do work you love or to go and do whatever you want. So Ben’s got a lot of expertise in this and this concept of four properties to financial freedom is something that I’m really fond of and that I know Ben is working with a lot of people this year to help them achieve that.

Ben: Yeah. So this, this concept I suppose originated from conversations that you and I have had mainly you’ve helped me have to myself. Like honestly when Ryan and I talk, it’s kind of like me verbally dropping stuff on him and then he asking me a really good question and completely changing my world, um, that the conversations have really been around.

I suppose when you me I was still working in a job for somebody else. I hadn’t. I was doing this business part time and you enabled me to realize like I was very, very, you know, go out there and make it happen. You know, thought I needed 10 properties or 20 properties at that time. And what you’ve made me realize since then is that time is the most important thing and choices is the most important things. So instead of going out there and having 10 properties and all of these debt and all of these stress, it’s more about owning a couple of really high quality properties that, you know, rent in good times and bad times that I don’t have think about.

Ben: I don’t have to stress it out. I’ve got a good manager I’ve got insurances in place. I’ve got consistency there and it means that I’ve got, you know, $80,000-$100,000 dollars a year in passive income coming in, whether I get out of bed in the morning or not. And that’s enabled me and my family to do completely different things like take a Friday off now, which is something that trialed last year and I’ve got really comfortable with now being in a space where just because you know, people on Youtube and doing crazy things and selling the sizzle all the time doesn’t mean that’s in line with who I am or what I want. I just, I wanted choices.

I wanted time with my family. So, you know, we’ve been thinking about this and I suppose developing this concept for a few years now. How can people achieve financial independence without taking on ridiculous amounts of debt and putting themselves in a really vulnerable position where if the wind changes, the whole house of cards comes tumbling down and this is the easiest way I’ve been able to figure out how to do that.

Ryan: Yeah. And this really comes from the heart of we want you to be able to do what you want with your time. Like both, both Ben and I are family men. We love our kids. We love spending time with our kids. We’ve both got three kids and beautiful wives, um, who loves spending time with and that is what’s important to us. And I just think that in the property space and in the money making space and investment space in general, you just got this over emphasis on just huge amounts of money and riches and wealth and owning private jets or as I said before, driving lamborghinis. It’s all about that sort of stuff. But then I look at my life and I’m like, yeah, I’m a Lamborghini. Wouldn’t make me happy of all the things that I could have currently.

I drive a Honda jazz that cost me about $6,000 and dude, I love that car that car makes me so happy sure an electric like a tesla or something would make me happy out because it’d be better for the environment.

Ryan:  But other than that I’m really happy with my life and I live a straight back from the beach and you know, kind of a rural area. Um, but it’s just enough like I’m not super rich or anything like that. I get a decent amount of money but nothing excessive. But I can do what I want with my time. And that allows me to do work that I’m passionate about.

It allows me to pursue ideas that I find interesting. It allows me and my wife to spend time to work through our relationship, allows us to spend time with our kids. And that’s where all I find the happiness in my life. And so we want to get away from giving people the idea that you need to be super rich to be super happy because that’s just not true.

Ben:  And these are the concept around you need to be earning a lot of money to invest his complete complete like a complete myth and a complete misconception. I bought my first six properties, I know we’re talking about a 4 property strategy, I didn’t know that a 4 property strategy was a thing until like nine properties. And so I sold a bunch of them so that I could go back to a simpler portfolio. But this concept of being able to do something so simple with a limited amount of money, like it is not how much you earn, I like what I was trying to get to there is I did buy my first six properties earning less than eighty thousand dollars a year.

And you know, that is, that’s extreme, you know, some things that I did at that time. Pretty extreme as well. Like I was very budget focused and very, you know, invest everything that I earned type focused because I knew where I wanted to be and I had a strong enough reason to get there, but the reality is like, you know, I bought my first four properties only less than $60,000 a year.

Ben: Like there’s an opportunity to really, really do good stuff with a limited budget and I know a lot of people that aren’t on this call are earning a significant, you know, it’s combined income earning a significantly larger amount of money than that. But what I’m trying to say is it’s not about all of these things that people sell you in this space. It is really, really about having a clear plan, having a strategy that is workable for you and having a strategy that’s not going to disrupt your lifestyle on the way through. Sure. Saving a deposit mains that certain luxuries or experiences might not be afforded like something in your reality for six month period while you get the money together.

But after the purchase, if you’re buying the right type of property, it should cover itself, will provide you with some extra income anyway, like it doesn’t have to cut away from your lifestyle or your, you know, your time with your family or you having to work harder or make more money.

Ryan: And so I think we’ve given people enough of a reason for this. So let’s talk about the strategy and let’s talk about the specifics of it. Now I’ll put the disclaimer out there that this is not financial advice. Obviously see a professional financial advisor before you make any decisions. And also we won’t be talking about specific prices or property or even necessarily suburbs or anything like that because we, we recognize that everyone’s situation is different. So there’ll be single people listening to this on small incomes. There’ll be families listening to this that be people with large incomes. See, everyone’s different.

Everyone’s financial goals are different. So the types of properties that you choose will be different and the prices you pay will be different based on what you can afford and what your goals are, et cetera. So this is just going to be kind of general overview of it to give you like something to something to nibble on, something to think about, to say, OK, maybe there is an alternative to 10 properties in 10 years or maybe there’s an alternative to having to be quite extreme in the way you invest that this is a more simpler approach.

Ryan: So without further ado, do you want to give us the outline 4 properties to financial freedom?

Ben: So this concept again is like a very broad approach today is 4 properties. There’s three phases of this strategy, which I’ll break down what to do in each of the three phases. And for today’s conversation I’m going to talk about a 15 year plan. Again, I know there’s people on this call so I can call on a call. I don’t know why I video this podcast. You’re digesting this, but reading it, there’s just um, you know, people that want to do this in two years. Cool.

There’s people that want to do it in seven, 10, 15, 30. This is a 15 year strategy. Like speed it up, slow it down, like you know, you play with the numbers and the timeframes for you. But the first phase of the 4 property strategy is what I call the accumulation phase. It’s where 95 percent of the work is actually done.

Ben: It’s just like an airplane taking off. It takes a lot more energy to get off the ground. Once it’s in the air, it’s, it’s cruising. And once you get to that level, you know it’s doing even less. Once you get above, like, you know, the river, whatever. Um, so you know, this, this first concept is accumulation. Now there’s basically accumulation is broken into two pieces. One is the first 2 properties that you buy, they should be quality properties at reasonable prices.

You don’t want to break the bank on those ones. They should be capital growth is the absolute focused. So what we’re looking for here is a property that can double in value over a 15 year period. Now we know in 15 years there’s going to be good and bad parts of the market, but we need an average annual growth rate over 15 years.

Ben: Of 4.8% a year, which Sydney, Melbourne, Brisbane have done consistently or even smash that in the last 20 years. So coming back to basics, they’re the three markets that this, these particular properties worked for. Um, so, you know, we go out, we buy always houses because we know that land is where the value is in property and we buy low maintenance properties that you can put a tenant straight in and not really think about for the next five, 10, hopefully even 15 years.

And these properties just sit there and you know, they tick away and the long term trend looks like, you know, 15 years from now they’re worth twice as much as you pay for. And if you’re a bit more active like I am, you might want to buy a place that you can cosmetically renovate in the future or that you could add a bedroom or a bathroom too.

Ben: But if you’re like 90 percent of the people that we work with and you just want to set and forget property, then you know, buying close to the beach or close to the cbd in Sydney, Melbourne and Brisbane at a good price point where people can afford the property close to transport and good schools, you know, that’s the type of bread and butter stuff we’re talking about now.

Ryan: Does  that happen in the first year, like is that two properties in the first year?

Ben: I’ve had clients buy all four properties in the first year. I’ve had other clients that I’ve been working with now for three years that have bought one and plan to buy the next one in two years. Obviously the sooner you buy the first two, the quicker, those properties can double in value. And that’s ultimately what you’re looking for.

Ryan: Yeah. Well if it’s going to take 15 years to double in value, if you buy them both now than in 15 years, they’ll have doubled. If you buy one now one in five years. The one you buy in five years, we’ll again take 15 years, so you’re looking 20 years down the track, so I guess you could do it slower, but it might adjust the timeline

Ben: and again, I’m looking with a crystal ball into the future. I have no idea if property prices are going to keep going up. Historically in Australia, England and America, they have population growth, looks great for Australia in the next 15 years, but who knows like this is or hoping that the future looks is somewhere as good as the past it so it could take your 25 years for these properties to doubling value if you’re not a more active investor, but the way you can shorten that period at the market doesn’t do what it needs to do is buy something you can add value to and buy below market value and then sell at the top of the cycle rather than the bottom. But these are all more advanced things for the videos we’ve talked about before.

So coming back to basics 2 quality properties that the focus is capital growth. Now, if I was buying those two properties now just starting out, I would want them to be as close to cash flow neutral as as positive. I don’t want these properties costing people 100, 300 bucks a week out of their pocket for 15 years. I really want them to be balanced, which means you can put it in a little bit of a bigger deposit or you can just buy in an area where you know the rent returns closer to five percent as opposed to two percent in Sydney or Melbourne right now.

Ryan: And the good thing about doing that if you have it cashflow neutral or cashflow positive is that that then frees up your finances to save future deposits for the next properties. Is that right?

Ben: And it also allows the banks to look at you in a more favorable way. If you’re losing money hand over fist, the banks won’t want to know about youth are properties three and four.

Ryan: So it’s about getting a set up for properties three and four isn’t

Ben: exactly that. It’s about getting quality properties in place and buying them at the right time in the right market so that you can also make some short term growth on them too. And being in a lower risk position, which is ultimately what it’s all about. The second part to the first phase, which is accumulation is now going out and buying another couple of houses. I love how I just say go out and buy another couple of houses like it’s the easiest thing in the world, um, that, you know, like let’s pretend that all of the challenges that we all face that just wiped. And this is just a theoretical conversation to the future, I guess

Ryan: let’s just assume that people will be able to work through these challenges because they’re not going to be wiped and there’s always going to be challenges, but we can generally work through them. So let’s assume that people can work through them and they can acquire these houses.

Ben: So yeh, much better language as always. So now we go and buy two houses. Now, first house should be, in my opinion, something around about that $400,000 mark that rents for 400 bucks a week. And what we want to do with this house after we bought it is we want to build a secondary dwelling or a granny flat, um, which you know, might be a two bedroom dwelling. You could build it for $110,000, for example, and it will rent for 300 bucks a week.

Now again, all the assumptions aside, that is ultimately what we’re looking for. And once you’ve got the house and the granny flat, that’s now giving you a seven percent rent return. And that means that that property is covering itself and after tax probably giving you based on a five percent interest rate, a little bit of extra money in the pocket a week to cover properties one and two that you bought, which are probably still costing you a tiny bit each week.

Ben: So that’s properties three and four. It’s very simple. It’s just the house with a granny flat. So the reason we do that is we’re looking for cash flow and we’re also not sacrificing growth, so still remembering that you want quality markets, your Sydneys your Melbournes you Brisbane’s type thing when you’re looking for those third and fourth properties, that’s the accumulation phase over. That’s it. That’s the hard work done. That’s all the hard work.

That’s 95 percent of what you do. Yeah. And for buying four properties is a lot of time. It’s a lot of energy. So those people sitting there with one property now or two properties or none, don’t worry about 4 just go out and make step one happen. Knowing that step one is going to link you to two, three and four, no matter where I’m going, I only ever focused on the step immediately in front of me because that’s the only thing I can control.k

Ryan: And I think even though 4 may sound big, sound daunting to people, the idea that this is a 15 year plan, but the majority of the work is done in the beginning and then it’s just kind of a waiting game after that. So yes, you’ve got to put in effort, you got to put in work time, energy, stress or that sort of stuff, but then once it’s done it’s done.

And then you can relax, you can focus on your career, you can focus on that sort of stuff. You can work on improving the properties you have, but it’s not like 15 years of striving in order to get to this point. It’s hard work to get the properties. But we’re not spending, we’re not, it’s not 15 years of hard labor or something like that.

Ben:  And that’s what I really wanted to focus on. I had this conversation with a young bloke and he’s wife last night, um, from woolongong and you know, he hates his job right now. Like he cannot stand that they’ve just had a baby. She’s just gone back to work part time and he’s, he’s staring down the barrel. Like this was his words.

He’s like, I just hate, I’d hate my job if I had to work till I’m 67. And in his mind he’s already locked in this job till retirement. And I’m like, Bro, if you’re not financially independent based on your income within 20 years from today, we never had this call tonight because everything can change over 20 years because it’s such a long period of time. It’s, you know, you’re thinking about it. It’s from the time you were born to the time you almost finished university or your trade or whatever you went and did with you yourself. Like it’s such a big period of time.

Ryan: Yeah, dude, I just got goosebumps because my whole, I’ll just have this like mental shift in ideas because I know that there’s a lot of people out there who completely hate their job, but their job earns them a decent amount of money. Maybe they’ve gone to uni and studied and so they’re in a high income sort of job.

They’re looking down the barrel and this saying it’s going to take me 15 years or 20 years or I’m going to have to work till I’m 67 in this job that I hate, but I need that job in order to be able to invest in properties or in order to get by and because the hard work’s done in the first four properties, these people could stay in the job they hate in order to buy these four properties and then are effectively, they’ve set up their financial freedom goal for 15 years or however long it is, but then they can move on and they can stop working in a job they hate.

Ryan: Yes, they’ll still need to get a job, but there’s not the pressure that they need to earn enough money to grow their portfolio and stuff like that. The portfolio is going to grow now. They just need to earn enough money to get by and to pay their way to pay for food and rent or whatever it may be. So that’s taken 15 years of a job, hate down to maybe a few years of a job.

You hate to buy these properties and now you’re freed up to pursue work that you might enjoy that will still pay the bills. You might not be rich, but those properties are now working in the background and you don’t need that crappy job anymore.

Ben: That’s exactly the convo with him. Last night I said, if you are smart for the next two years.

Ben: If you’re smart for the next two years. You can accumulate these properties because he’s got good equity in his home and he does have a good income and then you can go and do whatever you want to do without fear. You know that you’re going to be financially independent in the future.

If it takes 10, 15, 20 years, you’re going to get there. He’s only 28 years of age, man. Fifteen years from now he’ll be 43. You know what I mean? If you’re 40 now, 15 years from now, you’d be 55, which is still 12 years before everyone you know is going to be even thinking about retirement. You know, it’s just this concept and he can. He doesn’t need the income once, he’s not saving and borrowing money, like his portfolio is going to be completely balanced and pay for itself up to about a six percent interest rate.

Ben: He can take the pressure off, he can jump into what he really wants to do. He was an electrician. I’ve got heaps of mates who are sparkies. He’s like, he just hated it for whatever reason he never wanted to do at his dad forced him into what he said, but he wants to go out there and do volunteer work with the ses and get a paid position looking after the members because that’s his passion right now is only good income.

But if he’d bought the properties, he could kick back to 50 k a year, a basic wage, go through the apprenticeship, you know, again, learning those skills in the office that he needs to build to work back up to a hundred k, which he could easily get. And you know, two years, two years isn’t long if you’ve got a very focused goal. Like when I used to go to work doing stuff I hated for people that are literally despised, I would have a very, very focused goal because I was buying the property, I could get through it as soon as I bought the properties that are needed to do what I want to do, started this business or as soon as ryan kicked my butt and start their business properly.

Ben: But you know, it’s, that’s accumulation and you know, you don’t have to go to 4 properties. This 4 property strategy can really be 2, if you don’t feel comfortable buying properties that don’t cover themselves just by two houses in a granny flat to them and you know, pay principal and interest for the next 15 years and without even knowing it, you pay 50 percent of the property when you get an increase in your job and your wage, pay 50 percent of that extra money for the next 15 years onto the property and leave it up with the other 50 percent.

Like there’s so many different ways to do this. So now we go to phase two, which is consolidation. This is the boring waiting phase and this is why most people are not financially independent because they sell too early. They freak out during a property cycle, the worst, the worst depressions only last three to four years.

Ben: Hold through it. Rent always increase during a shitty period of price growth. Just because the price of a property is in growing doesn’t mean the assets are bad. One over 15 years during the last recession in Australia, the average property price growth over the 20 years, 10 years before, seven years after it now has still been in Sydney, eight point seven percent a year.

You know in some, in some suburbs in Sydney, property prices went down by 30 or 40 percent. Like don’t stress about all that stuff. It’s a long game and most people get caught up with it’s the top of the market I’ve got to sell. It’s the bottom of the market or you know, if I sold this property I’d have 500 k day that you still wouldn’t be financially independent.

Ryan: I remember looking at the stats where we looked at was at the 46 years of property data across the major cities, Sydney, Melbourne, Brisbane, Adelaide or something else was in there. I can’t remember. And looking at the recessions and looking at when property prices went down and in some areas property prices will drop about a hundred thousand dollars or something like that and looking at how many years it actually took for the average property price to go back up to the high that it was out before the drop and people would be surprised with how short it was. In most cases it was two to three years or even less. There were some cases are a bit longer, four or five years

Ryan:  or something like that, but nearly 90 percent of the time or something like that. It was really short. So I think in accumulation phase people need to just hold on

Ben: consolidation phase. Yeah. You’re crook as Bro, I can’t even believe are doing the consolidation phase. It’s just about trusting that it’s going to work out for you. And so what you do once you get your consolidation is you’ve got your 4 houses, two of them with granny flats, hopefully bought smart in an area where you’re not getting absolutely smashed from a rental perspective and your portfolio is not costing you anything so you can just keep living.

Now, what I do during consolidation phases, like I don’t like debt personally and I know there’s a lot of other people that don’t feel comfortable listening to this. Um, for all of those people that loved debt, you know, teach me what I do is I start paying principle and interest off the first two properties that I bought, the ones with the worst cashflow without the granny flats on them.

Ben: And then what I started doing is I set up offset accounts, which is basically just a savings account attached to the property. Um, and I’ll start putting my extra savings into the offset account against one of those first two properties, which means effectively pay a little bit less interest over the 15 year period on that property. So we can talk about offsets in another video, anyone can google it who doesn’t understand it, but I know most people listening to this will already get it.

Um, and so all it’s about over that 15 year period is consolidating, reducing your debt, but that’s also the opportunity to change careers or do something you love or cut down your wage or you know, because you don’t need the income like you did during the first phase of accumulation. So it’s pretty boring. You just sit there, you just pay off debt, you focus on living it out with your family or whatever you want to do for the 15 year period. And then the third phase and the final phase

Ryan:  before you jump into the third phase, I just want to highlight that during this 15 year period, there are opportunities to increase the rental income in your property. So if you bought in the right area than overtime rents go up, which means you’ve got more income coming in, which hopefully allows you to then put more money into an offset account or to pay down your loans more on that property.

It can also be a good time during this period as well to maybe do some renovations, cosmetic renovations, if you haven’t already, in order to increase the rental income, once you get in a pretty good position over the course of a couple of years, you might have enough money freed up to then be able to do that and to increase your rental yield further to help you pay off more debt so there’s things that you can be doing in this time. You can just sit on it and hopefully rents will naturally go up, but you can also be more active as well to improve the properties you have so that they’re giving you a better return while you’re holding them.

Ben: It’s a hundred percent. Like if it was me and I was following my 4 property strategy, getting to the point where I’m the properties because that’s the most important thing, and then adding as much value to them without over capitalizing as I possibly could to get the rents up. Generally when you’re going to borrow money for a few properties in a five year period of time, you’re going to know you’re not going to get in the best interest rates, but once you’ve got them, once they can save your cash flow stable and the property is it good and you’ve got history there.

That’s also a big opportunity to go down and reduce the cost base. Go find better managers at cheaper prices, go find better insurance at cheaper prices, go, you know, refinance properties so that you’ve got the best possible interest rate and you know, do all of those things that, you know, it’s not just about increasing, it’s about decreasing as well.

Ben: And there’s a big opportunity there. Like last year alone across four properties I’ve refinanced and it ended up saving me 35 grand a year in interest. Like it’s just insane what you can do once you get to that point where you’ve got some leverage as well. Um, and your portfolio’s going to look really nice to a bank because the properties a balance from a cashflow perspective. And I can see that, you know, there’s some, probably even some surplus money coming from there if you do it right as well.

So we get through consolidation phase two and then we get to phase three, which is this, um, lifestyle, you know, I call it debt reduction, lifestyle phase, which is where we all want to be in, which is what really pulls you along. Like that’s the vision of, you know, I get to live my life on my terms for the rest of my life. Um, and at that point it’s very simple. You sell properties one and two and you pay off properties three and four completely outright. And if you’ve done this right, you might even have some extra money left over. And then you, you know, decide whatever you want to do, you’ve got choice at that time, whether you keep working or taking a year off or do whatever it is that’s meaningful for you.

Ryan:  And even at this point, there’s options based on where you’re at. Let’s say you want to wait a bit longer. You don’t need the cashflow straight away because you found a job that you like, you might want to hold onto properties one and two longer. You might want to just try and pay all four properties off over time yourself, so your own 4 outright. So there’s flexibility here that you can sell off one and two to pay off three, and four and own them outright with no debt, which a lot of people would absolutely love, but then if you’ve got more time and you’re happy to wait, you don’t need the cash flow from them yet.

You can take that cash flow that you’ve gained over those 15 years and you can use that to start reducing debt. And so eventually you can own all four properties as well. So it might take you longer to get to be able to live off the properties, but then you would, I guess being in a better position at the end of it.

Ben: Yeah, and you know, a lot of people like to sell properties. That’s another one of the things that we’ve all been taught and it’s absolutely going to disrupt your long-term wealth position. Um, but man I’ve made my peace with selling properties is OK because I want to be financially independent like it now as opposed to 30 years from now. So everyone has to come to terms with that. Your portfolio, after 15 years, if you do nothing more than the four properties is going to be so nice on paper, it’s going to be so easy for you to maintain.

It’s going to be well and truly positively geared by that time because of the increase in rents and the reduction of debt that if you want to hold it, you hold it. But this is a strategy to do it. And I talk to people every day that could be financially independent now complaining about their jobs that aren’t prepared to pay that trigger because of something that they might lose in the future. That’s paper, you know?

Ryan: And that’s totally, it’s really situationally dependent because I guess I’m thinking about it from yours and my perspective. I love my job. I can’t imagine not working. I want to work and I really enjoy it. So if you’re in that position and you have a job that you enjoy and you think, if I was financially free, would I keep working? And for me the answer’s yes in that position, then you could hold it. But yeah, if you’re in the position where you’re like, my job sucks. I hate my life, that’s going to affect so many other areas of your life and bring your whole happiness down and it would totally be worth selling so that you can live off that money today and you can pursue things that you enjoy that make you happier as a person, which will again make you a better spouse and parent and all that good stuff.

Ben: You know, there’s two reasons why people work towards financial independence and we’ve talked about all the reasons why people are pulled to financial independence today, which is, you know, being able to have choices, spend time with the people you care about, train more, travel more, contribute more volunteers or start businesses, do a job they love. But you know, my motivation isn’t the pull.

My motivation is the push and the fear of where I would be if I don’t take these actions and so the challenges that I face you have, we all have different experiences with this stuff, but I’m, I’m motivated very heavily by fear.

Still like I am afraid of debt. I don’t like the thought of not being able to produce a consistent income. Like I am scared of the thought of being on the pension. Like that scares the absolute hell out of me.

Ben:  I’m scared of not having choices when the economy goes down. I’m scared of not having choices when the economy goes down to actually go out and buy stuff really, really cheap, you know, like. So this, there’s two ways that people are motivated and regardless of where you’re coming from, the people that actually achieve financial independence, like you and I are both in positions now where we have a lot of choices in our lives that we’ve created for ourselves. Doesn’t stop me working 60 hours a week because I love this stuff and I’ll do that 60 hours over four days. But I love showing up and doing it. I love recording these with you. I love talking to people about their situation and helping them.

I get a kick out of it all and it doesn’t feel I haven’t worked a day in like three years, like yeah, there’s been some really hard long, shitty days, but there’s also been so much more upside too. That’s nice to know that even though we are in financially stable positions, there’s a reason to get out of bed still. It’s just a different one.

Ryan: Yup, and so we hope that this idea of 4 properties to financial freedom really releases you in your life to say that this can be done more simply that the hard work is done over a short period of time so you’re not looking down the barrel of something that’s going to take a lot of hard work for an extremely long period of time. That if you’re smart with your choices in the beginning, that you can really set yourself up in the future and then it doesn’t have to be this big ordeal.

Yes, there’s a lot of roadblocks. Yes, there’s a lot of challenges to investing in property that you’re going to need to work through the stress that comes with it, but hopefully as you can see from this episode that it’s achievable for basically we hope everyone out there or if not everyone, definitely a lot of people, so if you’re interested in this 4 properties to financial freedom but you want a bit more help yourself, then Ben and his team over at pumped on property are offering free strategy sessions to listeners have on property.

Ryan: So that’s you and you’re like, yes, I’m pumped about this. This is where I’m going. So I’m excited that this sounds good. This sounds achievable for me that I could actually achieve financial freedom, but you think I need some help with that because that would be pretty hard to do by myself. I need some help. I need some guidance.

Then head over to onproperty.com.au/session and you can book a time with Ben and his team from pumped on property over there and you can talk through the strategy with them and then obviously if it’s a good fit you can hire their services, they can help you buy these properties or you can go on your merry way and you can do it yourself and you’ll have a strategy behind you. So again, that’s onproperty.com.au/session if you’re interested in that. So thanks so much Ben, for coming on today and sharing this. I got goosebumps in the session

Ben: that hasn’t happened before. That’s awesome. All right guys, thanks so much.

Ryan: And until next time, stay positive.

Speaker 3: This.

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