https://propertyplanning.com.au/propertyplannerbuyerprofessor/ In this week's episode #69 of the Property Planner, Buyer and Professor Podcast, the team discuss "Self-managed super funds (SMSF) in Australia - Pros and Cons", as Dave, Cate and Pete take you through: 1. What is an SMSF? The trio take you through a crash course in SMSF basics and who you can turn to for advice. 2. How does property fit in the picture? Your SMSF can invest in a number of asset classes, including residential or commercial property, provided that the asset meets your documented 'investment strategy'. Business owners and those short on cash flow, may find it particularly appealing as a way to invest in property. The trio explain why. 3. What attracts people to invest via an SMSF? Managing your own super gives you a higher degree of control over your investment strategy than you would otherwise have if your super was in a managed investment fund. But don't be fooled, it takes a village to run a 'self'-managed super fund. 4. SMSF game changers The trio explain how the SMSF landscape has changed over time, including the advent of instalment warrant arrangements, which changed the playing field completely in the SMSF space. 5. How does SMSF lending stack up? The Property Planner outlines the critical differences between SMSF loans and regular residential mortgages. Do you feel comfortable risking the farm with a personal guarantee? 6. SMSF property restrictions you need to be aware of The Property Buyer and Planner explain the key restrictions that relate to your SMSF investment strategy and how your freedom in asset selection could be impacted. 7. The risks behind purchasing a property in an SMSF Like the boxing day sales, the unfortunate reality is that whenever a new market opens up, the spruikers are the first to run in and elbow their way to a sale. The SMSF market is no different and many mums and dads have fallen prey to dodgy investments and underperforming assets sold to them under the guise of an 'investment strategy'. An SMSF may be a great strategy for you, if you're getting your advice from an independent expert who is tailoring a strategy specifically for you. 8. Can you hear the alarm bells ringing? The Property Planner and Buyer share the tell-tale signs that a bad SMSF decision is about to be made. 9. Setting up and running an SMSF, have you got what it takes? So, you want to manage your own super fund? The Property Planner outlines what goes into setting up and maintaining an SMSF. Do you have the time and the cash flow to take on this responsibility? 10. And of course, our "gold nuggets"! Visit the show notes: https://propertyplanning.com.au/self-managed-super-funds-smsf-in-australia-pros-and-cons/