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I have been sent information about deals on ESC and spoken to them. The deals seem to be ok but I have not purchased any.
You would of course do you due diligence like you would with any deal and proceed only after that.
The finders fee is fair enough after all they did find the deal and have paid for an option on it. If the deal stacks up where is the problem?
Cheersquote:
I have been receiving a newsletter from ESC or Entreprenuers Success Centre which is part of a website call Richmastery.com.au.These guys appear to source some pretty impressive +ve cashflow deals (along the same criteria that Steve Mc advocates) and charge [?]a finder’s fee.
Has anyone bought property thru this service? I’d like to know if the quoted figures stack up to the reality and if they are genuine deals or
Hi
Capital Growth and Cashflow are great investments and both work well. However the most important thing to do is to have a plan to follow and guide you. When you concentrate on something and follow your plan, do your due diligence, success should follow.
Regards
DeeThe close proximity of the house to the industrial area you should be and extremely valuable negotiating tool, for whatever purpose you purchase it for.
I would prior to making any offers have done my due diligence and applied to the local council to ascertained that you could have the property re-zoned light industrial. It seems to me that given it’s current location that it would be and ideal way of increasing the value and attractability of the property.
My next due diligence step could also be to investigate with the adjoining industrial properties to see if they require more land area and if they wanted to use the house as an office or perhaps storage etc..
Just a new angle.
Cheers
Dee