Juat bought my first investment property in Brisbane with my SMSF. Stoked to get out of the rorting Super industry & their ridiculous fees & volatility.
This is a good video. I setup a SMSF in late 2019 for the purpose of purchasing direct property and limit my exposure to equity markets. I used BlueBay Finance to finance the purchase of a dual occupancy in Dakabin Moreton Bay QLD. One of the best decisions I made.
Thanks for the video. It may be worth mentioning that there are not many lenders in this SMSF space anymore and also some require you to have a cash or cash equivalent reserve of funds as well as the deposit.
IF your accountant says NO get a new accountant...LOL Also another hack is to combine your SMSF if MARRIED with your partner to give you better buying power.
Great information thanks Ravi. Just one question. Can you build a property with a SMSF, like an industrial unit complex or set of units / Townhouses ??
Great stream, as always. I appreciate the level-headed approach you take to the news and the markets. . A lot has changed and that's on everything but the truth is I don't even care much about bullish or bearish market anymore because FLOYd JOHNSON y got me cover as I am comfortably making $150,000 monthly...
Juat bought my first investment property in Brisbane with my SMSF. Stoked to get out of the rorting Super industry & their ridiculous fees & volatility.
This is a good video. I setup a SMSF in late 2019 for the purpose of purchasing direct property and limit my exposure to equity markets. I used BlueBay Finance to finance the purchase of a dual occupancy in Dakabin Moreton Bay QLD. One of the best decisions I made.
Thanks for the video. It may be worth mentioning that there are not many lenders in this SMSF space anymore and also some require you to have a cash or cash equivalent reserve of funds as well as the deposit.
Hi Ravi, great video. Could you explain how serviceability works in relation to purchasing in a smsf?
Great video mate! I learnt something new about LVR with an SMSF! :)
Yeh same! I’m actually seriously thinking about it now. Thanks Ravi
Thanks bro! Yeah some cool shit 😉
🙌🏽
@@PersonalFinancewithRaviSharma Can you use your super to buy property even if you have two already?
IF your accountant says NO get a new accountant...LOL Also another hack is to combine your SMSF if MARRIED with your partner to give you better buying power.
Oh yeah forgot to mention that. It’s super helpful!
This was a question I had my partner and I both have each 60k in super if married we could combine this and invest ?
Can someone add money from personal account to SMSF or what if someone transfer money from SMSF to checkings account and spend it on personal use
Ha thank you Ravi! Do you think we can still get sth around 300k under smsf?
Thanks for the video. Can the SMSF funds be used to offset the "bad debt" of a PPR loan?
No.
Hi Ravi, Can you consider making a video on raising interest rates and an approach to handle and/or brace
Yearly land tax not stamp duty
Yearly fee definitely
Predict with ravi
If anyone is keen, I am an SMSF Accountant and could help in setting one up and manage ongoing administration & tax compliances :)
Hi I am interested what's the process and is there a minimum limit to have in super to opt for SMSF... and how much would it cost to set it all up
Great information thanks Ravi. Just one question. Can you build a property with a SMSF, like an industrial unit complex or set of units / Townhouses ??
Only if it's a single contract build i.e. the builder buys the land, builds on it then you buy it. You can not buy house and land separately.
Great stream, as always. I appreciate the level-headed approach you take to the news and the markets. . A lot has changed and that's on everything but the truth is I don't even care much about bullish or bearish market anymore because FLOYd JOHNSON y got me cover as I am comfortably making $150,000 monthly...