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I also reviewed the following web site, it explains very much about the process, fees, etc. http://esuperfund.com.au/how-smsf-self-managed-super-works.html Has anyone ever used this company?

It might be better if I top up another 50k also buy lower price of house.

This is another option generally, i have the only single income in my family.

It is said on some web sites that the minimum ＄200k is suitable for this strategy. In that, I should wait for another 10 years......

Hi see change, How is your SMSF property going so far?

Thank you all for reply. I have 100k in my super. If I roll over the amount into a new SMSF account and use 80k deposit to borrow 80% which 320k to purchase $400k property, is the surplus money (20k left) not enough for a lender's criteria?

I would like to know more about SMSF to purchase a property. I have watched all 22 video in the ato web site, I understand it basically. But I need to judge whether it is a good way for me or not. https://www.ato.gov.au/Super/Self-managed-super-funds/Thinking-about-self-managed-super/...

I'm just starting to manage 2 properties in qld. This is because I can save Management fee 7-9% (e.g ＄300pw * 10% = $30 ) and can use the money for repairing or something. It is good for you to try. Phase 1 1. Inform the current manager that you intend to take over. 2. Ask prepare a bond...

In my case I have settled one of properties yesterday in QLD, 1. Valuation and Refinance from bank A to bank B -> 3-4 weeks. 2. Pre-approval from bank C right after the above 1 -> a few days. 3. Unconditional from bank C after sending the signed contract -> a few days. ( I communicated with a...

OK. I'll do some research by myself.

Thank you for your advise. I will research and experience more then work out how to do effectively. Do you know the URL for "The best source of information is your state Dept of Commerce. They will have downloadable forms and information booklets."? I wanna have a look. What do you mean by...

Yes, I will do remotely also plan to come up to there sometimes.

Thanks for the advice. I am currently asking information as much as possible from the current PM.

I have contacted the current rental management without saying to take it off. Pretending to keep them at first

Recently I used https://asbir.com.au. Good reliable service with pictures/details. $4xx including build/pest.

Thank you. I will ask the PM all. The PM might have "notification of change of landlord" form as well.

No, I haven't. This is the first time to do so. But I have a close friend to do by himself so I can learn from him. The property is in Brisbane/Logan. The PM fee is around 9%. I plan to do myself less than this cost :-)

How about the legal documents for rental they might have? Thank for your comment. I have just told my intention to the sales agent so I am going to tell the rental management soon. How about the legal documents for rental they might have? - A rental application - A residential tenancy...

How to take over from the current rental management? I have bought a property with existing tenant, and the settlement will be in 4 weeks later. I want to keep the tenant but want to manage by myself. How to proceed to take over? What documents/information should I ask the current rental...

Thank you for the reply and I have read the articles again. I'd go for buying in one name.