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Property Game Plan courtesy of Positive Property Solution. Unbelievable that this is available on youtube…very unprofessional IMO
There are so many errors in this presentation I don’t know where to start. I feel sorry for the couple.
Sorry to hear that Molly.
I can’t really offer any advice but I am involved heavily in a Gladstone based business and I know the area and community well. Based on what I know about future work opportunities in the area, I am of the opinion that there will be no growth there for the foreseeable future. There are numerous residential and commercial properties still vacant and rental yields are very low which I am sure you already know. Lots of businesses have either gone under or packed up and left. Those that are still there are struggling.
There is some growth potential in the Rockhampton area with a huge defence spend at Shoalwater Bay forthcoming but I don’t think this will carry through to Gladstone unfortunately.
Where exactly in Gladstone are your properties?
He is promoting a service to “help ordinary Australians” become property millionaires and achieve “financial freedom through property”. For this service he charges $11,997 for a lifetime membership. His advice/service includes sourcing properties and referrals to what he calls his circle of safety which is a group of select individuals (conveyancers, developers, brokers, insurers, accountants, etc) which he also earns a commission from.
What he doesn’t disclose at any point is that only those with very high incomes have any chance of buying the number of properties required to achieve this. They find this out only after joining his membership and realise they don’t meet lender’s serviceability requirements. No refund is given. People are literally paying him $12K to buy one, maybe two, properties…its just wrong he is able to get away with it.
Thanks Jaxon, I will pass that on.
I’m trying to understand if there is a regulatory body that covers the type of advice George Markoski from Positive Property Solution gives on property investment. By his own admission, George Markoski has no financial advice qualifications and I am unsure how he gets away with providing advice to people, especially advice which, in my opinion, is grossly incorrect and deceiving.
