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Crido
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@crido
Join Date: 2012
Post Count: 11
February 21, 2014 - 9:40 am
Daimien Patterson wrote:
I am almost certain that there will be another outrageous assertion by the individual in question, but please understand that I will not be responding to it any further.
I have never made any "outrageous" assertions, nor will I.
All I have done is share my side of the story.
This will also be my last post to this thread, and I would like to make something very clear …
I was never, ever "abusive" or even in any way rude to you or your staff.
Never.
Ever.
Sincerely,
Crido
Crido
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@crido
Join Date: 2012
Post Count: 11
December 4, 2013 - 10:52 pm
N@than wrote:
If they are only selling new properties and in areas such as Gladstone, chances are they are just the 'middle man' for moving developers over supply of stock (now the heat has died down in those areas and there is too much on the market), while making a nice commission from the developer in the mean time. They probably don't have your best interests at heart and more concerned with lining their own pockets. Not saying they are one of these but there is alot out there like that so I would be cautious.
UPDATE:
I'm currently awaiting a reply (being ignored?!) by Integrity Property Investor Services after I have politely requested a refund (as per their policy), so therefore have to agree with you Nathan, when you state, "They probably don't have your best interests at heart and more concerned with lining their own pockets."
Jimmy, yes … their name, 'Integrity', is a worry and doesn't seem fitting!
To elaborate, I have been told in an email that I won't be getting a refund of my "Coaching Session" fee, despite the website, and Damien Patterson in person on the phone, spuiking the company's policy of, "100% Satisfaction Guaranteed, or we'll give you your money back!"
My lesson wasn't too expensive thankfully … but I'd like others to be aware that Integrity Property Investor Services might best be avoided!
Damien has said in an email that because I spoke with him and one of his colleagues several days after the Skype-facilitated "Coaching Session", this showed I was "satisfied" with the meeting, and therefore he won't honour my refund. On the contrary, only hours after the meeting (after I had time to think over the contents – or lack of contents – of the meeting), I emailed stating I was unsatisfied, but was keen to hear more (I thought I must of missed something, because I learnt nothing I hadn't already read in numerous IP books, magazines, websites, ect.).
Anyway, I know I was probably very naive to employ these guys services in the first place, but with a "100%" guarantee of being satisfied or my money back, I thought, "What can I lose?"
It seems a hard earned $297 (or $497, if you don't get offered the "discounted rate"), is what you could lose!!!
Buyer beware!!!
Regards,
Crido
Crido
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@crido
Join Date: 2012
Post Count: 11
November 19, 2013 - 10:39 pm
Very sorry for your loss Richard. I think the last few times I tried to call, Brisbane was underwater! My timing is impeccable!
I'll catch you for a yarn one day hopefully.
Regards,
Crido
Crido
Participant
@crido
Join Date: 2012
Post Count: 11
November 18, 2013 - 10:24 pm
Thanks for the advice Nathan and Jimmy!
Crido
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@crido
Join Date: 2012
Post Count: 11
November 17, 2013 - 11:11 pm
Qlds007 wrote:
Never heard of them.
What are they promoting?
Cheers
Yours in Finance
Hi 007,
I called you again the other day – very hard man to get a hold of via the phone! Noticed on your website that you;re providing a Buyer's Agent service now and was keen to hear more.
http://integrityproperty.com.au/ – They are visiting my far-flng corner of the world soon,although I'll be away, so I had a Skype yarn to the head honcho the other day – they source new properties for their investor clients and recommend buying new because of: 1. Depreciation benefits; 2. Builder's warranty; 3. Better tenants; 4. Less maintenance.
They apparently have a few areas (although would not elaborate on these or the particulars of their properties), but mentioned Gladstone, which had me wondering, considering the apparent downward trend in rents and upward trend in vacancies I keep reading about recently. Long term should be ok though I suppose, if you can get tenants and cover costs.
I emailed them after the chat and mentioned that it was hard to decide whether to invest with them when they haven't disclosed their properties' locations and/or financials, so am waiting to hear back.
I'm probably still a few K's/months short of my next IP, but am trying to find what's available when I'm ready to go, and being so far away (from anything!), I'm thinking of using a mob like Integrity or a Buyer's Agent to ensure I don't buy a dud!
Your thoughts and constructive criticism are welcome!
Cheers,
Cridos

Crido
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@crido
Join Date: 2012
Post Count: 11
November 14, 2013 - 3:24 am
popelich wrote:
Hi,
has anyone had any dealings with Integrity Property Investor Services run by Daimien Patterson. If so what can you let me know your thoughts.
Cheers
Anyone?
Crido
Participant
@crido
Join Date: 2012
Post Count: 11
July 12, 2013 - 11:16 am
Yep, will keep you posted dm!
Crido
Participant
@crido
Join Date: 2012
Post Count: 11
July 10, 2013 - 7:50 am
Hi all,
A brief webinar was run the other night as a way to update the investors.
The main thing to come from it is that we are now running 7 months behind schedule!!!
The new settlement date is Feb 7, 2015.
I'm sure there was more in the webinar than that, but I had trouble getting my jaw off the ground for the rest of the webinar after that was revealed!
A reason couldn't be given during the webinar and so there have been many emails to and from the guys at EOS and Bird since, and we're still a little unsure about where at least 2 of the 7 months have gone?
They have assured us that they are working to "recover lost time and to try to bring the completion date back closer to where we initially estimated", so that is a positive!
Regards,
Crido
Crido
Participant
@crido
Join Date: 2012
Post Count: 11
January 29, 2013 - 1:40 am
wilko1 wrote:
Id be interested to hear how long they lock away your equity for after the completion of the project.
Then after that id be interested to hear about how you go about refinancing or using your equity out of the project to 'kick start' your journey if there are multiple finances coming from individuals.
Hi wilko,
Thanks for your feedback, however could you explain further please?
I'm not sure I follow …
1. Why/how would "they" lock away my equity "after completion of the project"? And who is "they" … the Development Managers or the lending institutions?
2. Refinancing at completion to fund the second part of the investment won't be a problem (my broker doesn't think so anyway!) as I will borrow against the value of the property. If the values are at (or above ) current estimates I may be able to pull equity out of the project at completion for further investment/s, or if values are more conservative, then … I'll wait and I'll hopefully see some capital gains in the years following and be able to draw upon these for further investment/s.
3. Not sure what you mean by, "if there are multiple finances coming from individuals". Could you explain this please?
Cheers,
Crido
Crido
Participant
@crido
Join Date: 2012
Post Count: 11
January 29, 2013 - 1:24 am
BigCubez wrote:
Interesting program. Are you planning to borrow funds for the initial deposit? If so do you foresee any problems with getting approval from lenders?
I'm borrowing some of the initial deposit through a business partner (not through a traditional bank loan), so approval is not an issue.