Post accumulation rentvesters. What is next?

Discussion in 'Investment Strategy' started by NathanCroaker, 14th Jul, 2017.

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  1. NathanCroaker

    NathanCroaker New Member

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    Location:
    Syd
    Consider this scenario
    Mid 30's
    $60K living expenses (+housing costs)
    ~$250k in super each

    4 Sydney IP's $5m+
    $3m loans ($2m+ in offsets)
    Rent $170k pa

    What would you do next?

    a/ LICS/ETFs
    b/ Non Syd property - BNE, CBR
    c/ Chase yield
    c/ Buy Syd PPOR 2020 onwards
    d/ Check out
     
  2. Terry_w

    Terry_w Lawyer, Tax Adviser and Mortgage broker in Sydney Business Member

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    what is the cash flow from property after expenses?
     
  3. NathanCroaker

    NathanCroaker New Member

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    Location:
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    ~$100k pa
     
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  4. Gockie

    Gockie Life is good ☺️ Premium Member

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    Very well done! I think go for a and b. :)
     
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  5. jaybean

    jaybean Well-Known Member

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    Here!
    My post-accumulation plan: sit at home and play video games while I wait (not kidding).
     
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  6. Gockie

    Gockie Life is good ☺️ Premium Member

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    I'd also consider keep throwing money into super.
     
  7. Terry_w

    Terry_w Lawyer, Tax Adviser and Mortgage broker in Sydney Business Member

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    So your passive rental income is probably enough to live on. If there is any short fall you could draw down on your offsets.

    That should last you for the next 70 years or so.

    What else is there left to do?

    A measure of wealth is the amount of free time you have and you appear to be wealthy enough to be free all the time.
     
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  8. Archaon

    Archaon Well-Known Member

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    "Checking out" is probably not advisable, fully retiring sounds like a better option.