Blog

April 12, 2018

Are you on FIRE?

I have recently been intrigued by the numerous news articles on FIRE.

No, I do not need an extinguisher to douse flames in the office.

FIRE stands for Financial Independence Retire Early. It has captured the imagination of individuals who are underwhelmed by the prospect of spending decades paying off the great Australian mortgage and who’ve grown up in an era when secure jobs are scarce.

See:

https://www.smh.com.au/money/planning-and-budgeting/fire-followers-down-under-seek-early-retirement-20180222-p4z1cn.html

Of interest to me is that fact that property is a cornerstone in the approach.  By buying well, getting a proactive manager who provides correct advice and then handles the divestment at the right time will put you on the right path.

A key component to your success is ‘measurement’.  A simple cash flow model will allow you to keep on top of your property.

Here at Richard Wills we assist our clients in reaching their property goals.

We assist our clients across the lifecycle of property investment.

- Purchase;
- Management (Rents, renovations, works); and
- Divestment.

Interested in finding out more or would like a copy of a working cash flow model for your property?  Why not email me and see how we can assist you.

Regards,

John Wills FAPI

john@richardwills.com.au 

M: +61 467 44 38 38
P: +61 2 9387 1700