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  • Profile photo of JohanJohan
    Participant
    @jrossouw
    Join Date: 2014
    Post Count: 2

    You should have a 14 day cooling off period. Just cancel it mate – they can’t be trusted. We are now sitting with an investment property we have lost about $150K on for various reasons.

    Profile photo of JohanJohan
    Participant
    @jrossouw
    Join Date: 2014
    Post Count: 2

    Hi,

    We also (unfortunately) invested with Members Alliance. Great service initially when they had something to sell – which evaporated as soon as we completed the purchase. We also now sit with a property in Queensland which is valued about $80k under what we paid for it.

    After the completion of the rental it was rented out via PPI Rentals. We had nothing but bad service from these guys. Our last tenant moved out being 2 months in arrears with damage to the property as well. After that it took more than a month for them to get new tenants in – they lost a great applicant due to them being slow in processing the application and doing the required checks – even though we asked that they take the applicant.

    We have now cut all ties with both companies – I would recommend to everyone to stay clear of them. Bad news, bad service, empty promises and cost us a lot of money.

    Regards

Viewing 2 posts - 1 through 2 (of 2 total)