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  • Profile photo of gosnowundagosnowunda
    Member
    @gosnowunda
    Join Date: 2006
    Post Count: 2

    Thanks for the replies so quickly. This would be the first investment I am making and thought the investors club would be a good way to start. I have googled the investors clubs and have so far turned up no negativity.

    I understand that people are making a commission from my purchase, but doesnt this happen in some form down the line in any purchase that any person makes? I see it as a kind of pyramid system, in a simalar way to people who sell tupperware….?

    I also understand that they suggest you use their solicitors and acountants and brokers, but they also explained that you could use all your own professionals..

    Like i said before, i have little spare time and am new to this so having my hand held would be good for at least my first property investment…

    It was asked are they receiving kickbacks from the developers. The answer is yes, but doesnt a real estate agent get a commission for selling a house? I see this as the same thing…. Also was asked who is making a commision from my pruchase, well i would have thought the developer and the investors club in some form.

    Its hard I guess to trust people, especially when you see many people getting sucked into scams on tv all the time… I would have thought if this was a scam, it would have been exposed by now.

    Maybe i am just seeing all the positives…. No one has really given me any substantial negatives yet…..

    Alll help would still be appreciated…

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