Forum Replies Created
Hi Bec:
I too experienced same problem with Fibejebe. Could not find site.
I have been aquainted with Kevin Young for the three years with no complaints. All properties perfoming well. I was almost stung purchasing off two tier marketer. After doing homework, no.s didn’t stack up.
My last purchase disclosed commissions to which club receives. They have been surveyed by AC Neilson which has come out most favourable.
So I believe I have a fair idea how the club operates.
As you can see I am happy with the club and the services they provide. Like youself, it may not be the type of investment for everyone. Each to their own.
To wrap it all up, I don’t have to justify or protect any decision I have made as to your comment.My family and I sleep soundly.LLJack
quote:
Dear LLJackSounds to me like you didn’t spend your dollar and check the Newstext site. As for ASIC, you may recall that Henry Kaye claimed ASIC had given him a clean bill of health. And then – kapow!
As a client of the Investors Club, you have a psychological need to justify and protect your decision. I understand.
All I am saying is that anyone thinking of dealing with Mr Young needs to know a bit more about how his so-called “club” operates. For you, it’s too late; for others there’s still time.
Here’s a prediction for the New Year. Mr Young and his “club” are going to be more widely known this year. Take the hint those of you who are not involved with Mr Young.
Stay safe.
Bec
Bec: I am a registered client with real estate.com alert to inform of values of properties in the vicinity of potetial purchases.
I always do my own research as I am always sceptical with parting with my hard earned cash with any type of investment.
Secondly, I have the understanding, ASIC could not find any problem with investors club for the exception of their JV club and no tenant insurance. Problem here, both structures had to be registered.
And by the way, how old is the statement from ASIC if you don’t mind me asking?
LLJackhi Fibejebe,
i have invested through the club on three occassions. first time in 2000 (2xunits bris) and just recently may 2003 (1x t/hse gold coast). i too was a member of amway-many moons ago. my wife too believes it reminds her of amway however, i am looking at the big picture.
my pp has performed well for me with slight +tive cf and terrific capital gains.
i would recommend the club.
however on the other hand, i have recently finished reading Steve,s book and looking to a slightly different pp strategy.
i can never get enough info on property investing.LLJack
As i,m a figures man, i would be every bit interested in your spreadsheet.
Would you send to [email protected] please?
regardsLLJack
