The Follio Property Podcast From FIFO to Financial Freedom: Chris’ $5 Million Property Strategy
In this episode of The Follio Property Podcast, Lachlan and Reece sit down with FIFO worker Chris, who built a $5 million property portfolio by age 31, all while working in the mines.Chris reveals exactly how he turned FIFO wages into long-term wealth, the mindset shift that changed everything, and how he created a clear exit strategy from FIFO life through smart, diversified property investing.
We dive deep into:
- How Chris started investing
- Building a 7-property portfolio through interstate investing
- Why most FIFO workers stay stuck and how to break out
- The traps FIFO workers fall into (cars, toys, avoiding action)
- How education, data, and strategy built $2M in equity
- Transitioning from residential to commercial for passive income
- The exact strategy he used to accelerate his wealth in under 5 years
Whether you're a FIFO worker wanting financial freedom, a beginner investor, or someone looking for real Australian property insights, this episode delivers massive practical value.
Timestamps: 00:00 Introduction 03:11 Why All FIFO Workers Get Stuck 04:53 The 5 Year Exit Plan 09:53 Starting Your Investment Journey (Bonus & Mistakes)13:48 How To Scale A Portfolio Without Sacrificing Lifestyle 19:50 How To Achieve Passive Income Through Property 21:57 Diversification Is The Most Crucial Aspect Of Investing 26:03 Advice For FIFO Workers Looking To Invest
📍Visit Our Website: https://follio.com.au/📩 Contact Us: info@follio.com.au
📲 Follow Us on Social:Instagram: https://www.instagram.com/folliopropertypod/TikTok: https://www.tiktok.com/@folliopropertypod Spotify: https://open.spotify.com/show/4Akt4N53zsb4ldzFNlTwad?si=AFEgYOAiSh2QGbK8AfFLywLachlan Delahunty: https://www.linkedin.com/in/lachlandelahunty/Reece Beddall: https://www.linkedin.com/in/reece-beddall-294557b3/
Track: MoodMode - Upbeat Hip Hop Boom Bap Background MusicMusic provided by MoodMode
#propertyinvesting #investing #realestatemarket #investmentproperty #fifolife #fifofamily #fifo #mining