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  • Profile photo of DY31779DY31779
    Participant
    @david-young31779
    Join Date: 2017
    Post Count: 2

    Hi All,
    I’m looking to SMSF invest in SEQ (I’ve focused on Bris but open to anywhere).

    I have two strategies in mind:
    1: Cash flow: Two properties around 300-350K each positively geared which would be paid off within 5-6yrs or
    2: Capital gain: 600K dwelling

    Any recommendations on which strategy and where tobuy or open to other strategies.

    Thanks
    Dave

    Profile photo of Luke TaylorLuke Taylor
    Participant
    @world-changer
    Join Date: 2005
    Post Count: 415

    Hi David
    No1 is a possibility but maybe pay less than 350k ??you can potentially get cap growth too this way .
    Are u wanting enough cashflow from your no1 cashflow strategy to pay the houses off in 5or6 years from the cashflow alone or will you Inject other funds to help ?
    Strategy 2)
    $600k house . This would get u closer to the CBD in Brisbane for sure but it would be hard to get neutral or + return

    You could go multi unit or commercial possibly too as a consideration?

    Luke Taylor | Hope Property Investing
    http://hopepropertyinvesting.com
    Email Me

    Property Support,Strategist and Buyers Agent

    Profile photo of JaxonJaxon
    Participant
    @jaxona
    Join Date: 2014
    Post Count: 282

    Good Day Dave,

    really big conversation due to loan restrictions for SMSF, also have you set the trust and SMSF up already>?

    I specialize in sourcing Cash-flow positive properties for clients that fit there wants.

    If you would like to have a chat and I can answer any questions feel free to person message myself.

    Kind regards

    Jaxon Avery

    Profile photo of Luke TaylorLuke Taylor
    Participant
    @world-changer
    Join Date: 2005
    Post Count: 415

    What areas are you thinking dave?

    Luke Taylor | Hope Property Investing
    http://hopepropertyinvesting.com
    Email Me

    Property Support,Strategist and Buyers Agent

    Profile photo of DY31779DY31779
    Participant
    @david-young31779
    Join Date: 2017
    Post Count: 2

    Was thinking around the Manly west / wynuum west / tingalpa / or redcliffe pen areas

    Profile photo of Luke TaylorLuke Taylor
    Participant
    @world-changer
    Join Date: 2005
    Post Count: 415

    Manly West is a great spot but not much under $550-$600k these days unless u can do a bit of Reno ing yrself to add value ??
    If u bought a 4 bed 2 bath you could get $550-$600p/w rent in this area and good potential growth .
    It’s about 17 kms from CBD so median is close to 680k from memory on this product

    Luke Taylor | Hope Property Investing
    http://hopepropertyinvesting.com
    Email Me

    Property Support,Strategist and Buyers Agent

    Profile photo of JaxonJaxon
    Participant
    @jaxona
    Join Date: 2014
    Post Count: 282

    Dave there are many different deals, it really comes down to your end goal and what is the best fit to get you there in a safe and timely manner.
    Personally i think the exavt deal matters more than areas, although areas absolutely matter.

    As luke has said and myself cbd areas generally yeild less cash flow but “generally” see more captial growth, but in my opinion buying surrouding areas that are set to grow are far more profitable.

    Such as Redcliffe or suburbs with good cashflow that are not to far from cbd,

    But in regards to Smsf there are a lot of variables and also development deals that have solid returns and masisve tax incentives.

    Depends once again on your end goal.

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