JDL replied to the topic Use of SMSF to buy Property outright in the forum General Property 9 years, 6 months ago
Thanks Terry,
I guess that is my dilemma, that these people want to put about 50% of my super fund into a property investment, with their expectations of around 3% income, under a SMSF. Which they say is somewhat guaranteed given it is property not shares! I think this is very low at a time when there is a better returns out there! I get the…[Read more]-
JDL replied to the topic Use of SMSF to buy Property outright in the forum General Property 9 years, 6 months ago
Hi Everyone,
Thank you all for your input and comments. One of my main reasons for getting into this forum, is that I have found it very hard to get any ‘independent’ source to get feedback or recommendations! Everyone wants a slice of the cake! I did speak with an Industry fund, as you say it returns around 7-8% and it seems ‘safe’? The firm I am…[Read more] -
JDL started the topic Use of SMSF to buy Property outright in the forum General Property 9 years, 6 months ago
Hi, I am looking at a new Financial Advising service and they are pushing hard to use almost half of my superannuation fund to buy a property in full, to provide a safe return and capital growth for the future. I am 62, so there I am close to approaching the need for retirement income. They give an expectation of around 3% income return on the…[Read more]
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JDL became a registered member 9 years, 6 months ago
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