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SMSF Co Partners in Leasing and Real Estate

Discussion in 'Superannuation, SMSF & Personal Insurance' started by WillieAHill, 1st Jul, 2012.

  1. WillieAHill

    WillieAHill New Member

    1st Jul, 2012

    I would like to start a similar funds management, that Bunnings use. The Super Fund own the Real Estate and Bunnings lease the building of them.

    Looking for 4 teams of 4 individuals, per team of SMSF
    4 individuals team up together( this is the max number allowed by ATO)
    4 Teams will come together and be the core of this Super fund
    Will look at SMSF pro to manage, so that cost are spread over the 4 teams

    The Investment strategy will be
    SHORT TERM (liquid) investment in top 5 local shares Woolworths, Bunnings, 3 other top earning on stock market
    MID TERM: Leasing company leasing Audio visual equipment
    LONG TERM: Real Estate that my projects lease

    My name is Willie Hill and am the creator of' Lord of the Greens Inn, golf themed, Family Entertainment Center/Sports Bar concept and own the registered trade mark,
    This Australian SMSF will own all the Property, globally.
    The video game will engage 66 countries, which will have a HQ and 2-4 franchise per city that it opens

    Looking forward to hearing from you

    Willie Hill
  2. Superman

    Superman Well-Known Member

    6th Nov, 2007
    Gold Coast, QLD
    Hi Willie

    So......why would a SMSF want to invest in the 'schemes' you are putting forward?

    Also, are you proposing that 4 total strangers invest jointly in the same SMSF? Have you thought about the practical implications of this?

    Not sure if your post contains any questions that you have or provides any educational value.

    SM :confused: