Hi Pelican

Firstly, thanks for your encouragement. If you read my post in the Tell Tale forum you will discover that I have indeed done investments myself. Not all great but some are indeed good that I am very happy with. I am in fact an active investor & am currently putting together syndicates to do things like developments of residential &…[Read more]

Woops! Yes yes, it was $600 per week. $600 a month would have been a terrible return! [blink]

Yack

Firstly, you may want to read the Tell Tale forum as I have posted something there which had nothing to do with Richmastery.

Secondly, I decided to join this forum to support Richmastery because I have certainly gained a LOT from the group. What is wrong with me doing that? They were being trashed by lots of posters who seemed to be just as…[Read more]

Pelican

Nope, don’t work for Richmastery. Didn’t you see what I wrote? I work in IT not property.

Richmastery’s property deals business are essentially a buyers agent. There is nothing wrong with using buyers agents especially when they can get deals that the average investor can’t. What is difficult for you & I to do is to go to a developer &…[Read more]

Thanks for your thoughts Gregg. To be totally honest my property partner & I had the cash to purchase the thing outright if we wanted to, but the thing was whether or not the original bldg inspection was correct or whether the valuers were correct saying that it needed 50-100k to fix up. If the latter was the case, it wouldv’e been a bad…[Read more]

Queensland property law works slightly different. That clause is essentially already built into the contract. But you have a certain time to go back & say whether the finance has been approved or not.

Technically the finance had been preapproved so we were happy to let that clause expire, which was our big mistake. We couldn’t foresee this…[Read more]

kay,

Yes true, agreed. Forgive me for that quip. I was a little frustrated by some of the things that were being said in the forums.

Colio

So Bec, you’d rather believe Real Estate Agents? These are the guys that will be losing out from deals that Richmastery put together. And aren’t agents the most ethical group in the community? I rate them alongside Used Car Salesman!

What real experience have you actually had with this group? Seems to me like you might be from some competitor or…[Read more]