Ask most Australian’s how much money (per year) they believe they will require to be ‘financially comfortable’ in retirement and we would be very surprised if many respond with an amount equal to or less than $32,000 – which is approximately the current government funded pension (per couple!).
Darren and Kelly, PROPERTYOLOGY’s newest Queensland Coastal based clients, are absolutely no different. What we found very quickly that Darren and Kelly do have though, is motivation, enthusiasm and drive.
Whilst initially they couldn’t visualise how they would make their dreams a reality, over the last 6 months, with our assistance, they have formalised a structured Property Investment Plan – a detailed financial modelling exercise to extract the most out of their capital and cash-flow capacity and sourced the most suitable finance arrangement to best fit their situation – not what suits the bank.
Combining their Property Investment Plan with PROPERTYOLOGY’s knowledge of property markets Australia-wide will ensure Darren and Kelly are giving themselves the best possible chance of building a high performing investment property portfolio with properties located in areas with strong prospects for growth in population and employment.
This well presented 4-bedroom, 2-bathroom house which our Buyers Agent, Euan Rose negotiated for only $280,000 on behalf of our clients, is situated in what we consider a very exciting regional location which has a diverse economy driven by Health, Education, Agriculture, Tourism and advanced Manufacturing.
Being as organised as they are and understanding that their structured Property Investment Plan allows for another investment property to be purchased this year, Darren and Kelly have already arranged pre-approval and our Buyers Agents have already begun the search for their next investment property. Darren and Kelly can be confident that they are now well on their way to one day enjoying a self-funded retirement lifestyle that others (including some of their own friends and family) will only be able to dream about.
Congratulations again for taking control of your financial future Darren and Kelly!