All Topics / Help Needed! / I want to retire but I have a negatively geared portfolio

Viewing 6 posts - 1 through 6 (of 6 total)
  • Profile photo of newbie2015newbie2015
    Join Date: 2015
    Post Count: 8

    I am looking for a financial planner and or general advice in relation to a retirement strategy with a negatively geared portfolio (all properties in Sydney).

    Can somebody help me or point me in the right direction?

    Profile photo of TerrywTerryw
    Join Date: 2001
    Post Count: 16,190

    Why a financial planner? This doesn’t involve financial products so licensing needed.

    The only way to retire on negative geared propertied would be to either sell one, borrow against one, or wait till the positive cash flow is enough. Or a combo

    Terryw | Structuring Lawyers / Loan Structuring Pty Ltd
    Email Me

    Lawyer, Mortgage Broker and Tax Advisor (Aust wide)

    Profile photo of Ethan TimorEthan Timor
    Join Date: 2016
    Post Count: 282

    Or keep spending your savings on the shortfall until portfolio becomes positive (but that could be risky, all depends on specific situation I guess)

    Ethan Timor | Aligned Finance Pty Ltd
    Email Me | Phone Me

    Active Investor & Broker; Based in Northern NSW, servicing Australia wide; Author of '34 Proven Ways to Maximise Your Borrowing Power' (download free from our website)

    Join Date: 2014
    Post Count: 16

    You could vendor finance selling some of your portfolio to increase cash flow (approaching the tenants first to see if they want to buy)…then when they finally settle move these funds in to higher yielding property

    Profile photo of JaxonJaxon
    Join Date: 2014
    Post Count: 282

    I am happy to have a chat and break down a strategy to reach your end goal. Pm you details.

    Profile photo of JohnJohn
    Join Date: 2018
    Post Count: 4

    I do development and there may be something you can do with what you already have with out using additional funds of your own. Happy to discuss. I am in Sydney. PM or email.Thanks

    John |

Viewing 6 posts - 1 through 6 (of 6 total)

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