Superannuation is not just for your retirement! It can be used to grow your property portfolio.13/10/2022 SMSF provides a solution for people wanting to enter the property market who feel they have maxed out their borrowing options. But is it safe? At Buyers Club, we utilise Self Managed Super Funds (SMSF) to help clients who come to us and cannot borrow any more money. Skeptical on going down the SMSF path? Let’s break it down to clarify how this solution works. Say a client has $200,000 sitting in an industry fund. They might get 5% interest, but fees and other costs take money out. In real estate, the client can use a SMSF and other available funds to leverage up to five times that amount. So, with $200,000, they can put that into a property worth $1 million. Using SMSF can be made even safer by working with Buyers Club. We will make sure when you enter the property market, you’re making a profit through our four-rule Buyers Club Method. Okay, so now let’s compare the two situations.
If you keep $200,000 in an industry fund with 10% growth, you’re making $20,000. However, if your $1 million property has only 5% growth, you still earn $50,000. Buying into real estate also means you’ll have a tenant paying you rent, which provides you with constant cash flow. We tailor our SMSF plans depending on each client’s situation. It’s not a one-size fits all approach. By customising how we will utilise someone’s SMSF, we help them add to their portfolio and accelerate their rapid growth. BOOK A MEETING with us today or call us on 1300 505 605 to find out more.
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Tania
20/11/2022 09:03:46 pm
0407706865
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