Average to awful experiences with property investing - to invest SMSF in property or not?

Discussion in 'Introductions' started by Emma Pearce, 29th Mar, 2016.

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  1. Ash Oz

    Ash Oz Member

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    @mcarthur yes 2 properties at $414 K would be better however you will need money left for buffer
     
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  2. truong

    truong Well-Known Member

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    Well said. This is the reason why, if you’re in accumulation phase, SMSF doesn’t work out as well as other structures. In particular the snowball effect (where you use equity increase to buy more) is harder to achieve. The smaller gearing will slow you down and the cumbersome nature of SMSF re cost and regulation will challenge you.

    Personally I’ve had property in SMSF only in retirement where a higher yield IP owned outright is a good cash cow to have.
     
  3. See Change

    See Change Well-Known Member

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    For me property in SMSF is just another entity to hold property in . It's the underlying investment that's the key aspect . A bad investment is a bad investment regardless of what you hold it in .

    We bought two properties in Sydney in around 2011 in our super fund and another two in Brisbane in 2013 . We're about to sell one in Sydney and with the profit from that and the equity we put in initially , we will come close to paying two of the other properties off . That's a good investment in that time frame .

    Cliff
     
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