All Topics / Finance / ABC Financial Group (A Better Choice)

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  • Profile photo of jykatajykata
    Member
    @jykata
    Join Date: 2010
    Post Count: 2

    I have seen a few posts on here about ABC Financial Group or A Better Choice Finance – Like other people we have had a call from there own marketing company & booked an appointment to have a rep discuss with us investment properties (Now we are very keen to invest – but its getting the right info from the right people & it is so very hard to know what/who to listen to & what/who not to) So we booked an appointment & what they discussed all made sence but then they wanted us to go to melbourne at a cost of $395 to discuss further.

    I am wondering has anyone had any recent dealings with this company – obviously people know about them (as I have seen previous posts), but I have not heard of them or what it is that they are offering.  It all seems legit. as they are members of the MFAA & Credit Ombudsman Service.  But what they are offering is it a good way to go about getting into property investment ??

    Profile photo of realestateedu.com.aurealestateedu.com.au
    Member
    @realestateedu.com.au
    Join Date: 2009
    Post Count: 84

    Are you an experienced investor?

    Why fly to melbourne?

    Are they licensed advisers?

    What is their license number.

    Who are the names of the people you have talked to so far and we can run a check on their names.

    Every person giving you advise on “investing” must hold the appropriate license.

    NEVER confuse PS 146 as a licensed advisor, this is misleading.

    Check all the prices on realestate.com.au B4 you get on a plane.

    Get an independent lawyer and accountant to check all the figures.

    NEVER go with a lawyer, accountant or financial advisor they recommend … you must engage your own people.

    Lots of good qualified people here to help you.

    All of this has been discussed B4 in previous posts.

    So tell us more can’t wait.

    Good luck regards Philip Sigglekow LREA author

    Profile photo of jykatajykata
    Member
    @jykata
    Join Date: 2010
    Post Count: 2

    Thanks so much
    I have had 1 previous investment property but sold to purchase home to live in, but now we are renting that out as needed to move towns for work, so really what we are wanting to do is to keep that property on the south coast NSW & buy another home to live in, in our new town (which is a great rental return town).  Our biggest problem has been to date is that we are doing it all back the front, but we kind of haven't had many other options.  Really our house on SC NSW is our home bought with our heart not as a business decission and rentals need to be bought with your head not heart so we have an attachment to that house & really want to avoid selling it, if at all possible, but on the other hand we want to buy another house to live in & then hopefully buy purely an investment property (with our head) – ANy suggestions would be greatly appreciated.

    By the way previous post is seems all legit ABN's Lic No. etc Part of a major National Company etc etc, but from what I've heard & read they seem to want you to invest in mainly commercial properties (Hotels etc) & generally at an inflated price, but then it seems that resale is hard with these properties ??  So we are giving that the flick, but we got some good info from them not as much as we need, but it was definately a starting point & has given us lots of questions to ask

Viewing 3 posts - 1 through 3 (of 3 total)

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