Benefits of Positive Geared Properties

Let's talk about positive gearing and property. Firstly, what is positive gearing?

When you have a property that is positive geared, it means that the property brings in more money than it costs to run.

This is always a bonus and people who say that negatively geared property is good, don't know what they're talking about.

Basically, if you have a positively geared property, the bank will view that as a net cashflow positive asset.

If you've got a negatively geared property, they will view that property as a cashflow burden on you.