FIDO

So you want to avoid poor planning that can possibly even lead to bankruptcy.

You need to know, as close as possible, what your upcoming expenses are going to be over the years until you retire and then preferably well into your retirement.  You need to then balance this with expected growth.  On top of all of this you then have a bewildering array of possible investments to compare.

Naturally this is impossible to do with 100% accuracy and has never been attempted before.  It's a tragedy that people's future has been, for too long, a guessing game.

Well now we have turned this game into a very intricate software program called FIDO.  Your Property Mentor feeds a lot of information into this program but it comes out in a whole series of easily understood charts.  Put a property into it that you are thinking of buying and then check if this brings your retirement date forward or does it push it back? Does it increase your annual retirement income or does it reduce it?

Then try another property then another property and even another property.

Then stress test it with different negative impacts that are typical over a ten, twenty, thirty year period.  How would your investment sit if interest rates rose say 4%? If there is a credit squeeze and bank increase their standards and will only lend on say 70% LVR? What happens if there is a prolonged flat period in property growth? What effect will this have on rents?

FIDO comes to the rescue.  FIDO protects you like a FIDO dog protecting your home.  FIDO is there as an extra tool to protect your wealth.

Our accountants and engineers who have bought from us love all the intricate figures that the program spells out.  Most people though prefer to see these taken up and presented in easily understood chart forms.

Have fun, protect your wealth, contact your Property Mentor and have your own FIDO done.

How can we help? Below is a short list of possible mistakes that investors can make on their journey to financial freedom. These problems can be avoided with the clubs experience and assistance from your Property Mentor.  Please give them a phone call if you need more information on how to avoid these problems.

  1. Bad tenant
  2. Wrong location
  3. Wrong finance
  4. Wrong rental agent
  5. Wrong cash-flow
  6. Over value
  7. Wrong property
  8. Bad builder
  9. Poor planning strategy
  10. Diversification
  11. Exit strategy
  12. Lack of knowledge
  13. Bad design

Regards, Kevin Young

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