Beware the property spruikers

The siren call of property is a Greek tragedy that is claiming far too many SMSF victims, but you can save yourself.

Summary: Property seminars are usually put on or partly sponsored by interests associated with a property developer. When properties are sold, the commissions for referral phone calls could be as much as $10,000 to $40,000, built into the sales price. ASIC is cracking down on these one-stop shops but more needs to be done.

Key take out: Property investment can be a particularly powerful strategy – if the right assets are chosen and enough care is taken.

Key beneficiaries: SMSF trustees and superannuation accountholders. Category: Superannuation.

{{content.question}}

Mastercard

{{ twilioFailed ? 'SMS Code Failed to Send…' : 'An SMS verification code has been sent ...' }}

Hi {{ user.FirstName }}

Looks like you have already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to complete your SMS verification

We cannot send you a code via SMS to {{user.DayPhone}}

If you didn't receive SMS code please

SMS code cannot be sent due to: {{ twilioStatus }}

Please select one of the options below:

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device


Verify your mobile number to proceed...

Please check your mobile number below and press the Send Verification Code button. This will be used to complete your verification in the next step.

Please sign up for full access

Mastercard

Updating information

Please wait ...

Trial

Mastercard
{{ productPrice }} / day
( GST included )
Price $0
GST $0
Discount -{{productDiscount}}
TOTAL {{productPrice}}
  • Mastercard
  • Visa

Please click on the ACTIVATE button to finalise your membership

Mastercard

The email address you entered is registered with InvestSMART.

Please login or select "Don't know password"

Please untick this box when using a public or shared device


Register as a new member

(using a different email)

Related Articles