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I’ve had dealings with them recently. They promote themselves as “wealth creation experts” but seem to be nothing more than an agent for property developers – attempting to flog you an over valued investment property.
Although I was pretty sure what their game plan was before meeting them, I was willing to go along and listen to what they had to say. Sure enough, their slick presentation led to the inevitable sales pitch to purchase an investment property. Conveniently (for whom??), they offered a “one stop shop” for the purchase, from arranging valuations on my existing properties, arranging finance, and even conveyancing. They’ll pick you up from home and drive you into the city to meet with them for the day, then drive you home at the end of the day with a slick looking presentation box to carry all your glossy brochures in. The finance girl in the Brisbane office sports a huge set of bolt on tits – not hard to see how she got hired ;-)
In a nutshell, what they were proposing was for me to borrow $350K to purchase an investment property valued (by them??) at $310K. It took all of my effort to get out of their office without laughing in their faces.
My gut feeling at the start of all of this was correct. Just another bunch of try hard scammers. I’ll stick with my long term, trusted financial advisors.
- This reply was modified 6 years, 11 months ago by Aussie5468.