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  • Profile photo of acwireacwire
    Participant
    @acwire
    Join Date: 2003
    Post Count: 3

    Hi,

    Would you like to keep these properties that are negative geared for the long term? If not why don’t you try and wrap them, to obtain positive cashflow. If this works it will help leverage you to a more positively geared venture.

    [:)]

    Profile photo of acwireacwire
    Participant
    @acwire
    Join Date: 2003
    Post Count: 3

    Hello there,

    You are not dreaming. You have to work out what is important to you most. Firstly if it is owning your own home, then you will need to contact someone who can help you attain this. If it is investing, then maybe a joint venture would be possible with someone who is willing to pay you more than 4.75% interest. I will be forward and say that I can try to help you with both options.

    cheers [;)]

    Profile photo of acwireacwire
    Participant
    @acwire
    Join Date: 2003
    Post Count: 3

    Hi Jarrod,

    You need to work out what your long term goal is. If you require quick cash, then organise to onsell. If you would like to keep the property for cashflow, you will have to work out if it will actually be positive. It sounds to me that you aren’t happy with your current employment status so with that in mind I would go with quick cash which will give you leverage in other investing ventures.[:)]

Viewing 3 posts - 1 through 3 (of 3 total)