Search results

  1. JohnHenry

    Caveats and Tips on buying OTP in Brisbane with SMSF ?

    Many thanks Thanks guys, it seems that you are correct. so in this case it would be make more sense to invest in property when the balance of the super is greater than $100k. Please correct me if I'm wrong.
  2. JohnHenry

    Caveats and Tips on buying OTP in Brisbane with SMSF ?

    See you all in Propertychat.com.au forum See you in the other Forum S.T ;-) Propertychat.com.au
  3. JohnHenry

    Caveats and Tips on buying OTP in Brisbane with SMSF ?

    Many thanks for the details Dave. yes, my balance is not enough to buy anything decent, not even OTP :-) I'll think about it next 5-6 years:D
  4. JohnHenry

    Caveats and Tips on buying OTP in Brisbane with SMSF ?

    Investing in SMSF cannot be highly leveraged Whoa... 35% deposit for an Investment property ? I never heard of that caveats. So I guess it is 35% deposit + 10% of the asset value in the super balance amount is required from the total property price. is that correct ?
  5. JohnHenry

    Caveats and Tips on buying OTP in Brisbane with SMSF ?

    Dave, Which 10% you means ? is it in my Super account or in my Offset account ?
  6. JohnHenry

    Caveats and Tips on buying OTP in Brisbane with SMSF ?

    Cost required in investing thorugh SMSF I thought so... Because as my understanding I need to have at least $100k to be able to buy the apartment starting from $500k for one bed room unit in Melbourne or Brisbane OTP (which I've been suggested by SS property experts here not to buy)...
  7. JohnHenry

    Caveats and Tips on buying OTP in Brisbane with SMSF ?

    Investing in SMSF is possible before the loophole is closed by ATO/APRA Rolf, My understanding after approached by one of the sales agent during the Melbourne & Brisbane Property Seminar in Sydney last weekend is that I can use Leverage system by having smaller amount of money in my Super to...
  8. JohnHenry

    Caveats and Tips on buying OTP in Brisbane with SMSF ?

    ok, for that one highlighted above I guess I'll have to negative gear it or pay it more out of pocket. Does the bank can force me to sell it ?
  9. JohnHenry

    Caveats and Tips on buying OTP in Brisbane with SMSF ?

    People, Since I live in NSW area, I'd like to know what's the caveats and risk when buying investment property in Brisbane (Off The Plan) using my Superannuation (through SMSF) ? Since the price is lower than Sydney and I have got enough Super balance to cover the deposit (20%) I wonder if...
Back
Top