PropertyGenius replied to the topic Buy properties in group, get instant discount! in the forum Creative Investing 11 years, 8 months ago
Ok, well I guess we'll agree to disagree. Good luck with your site Luu.
PropertyGenius replied to the topic Buy properties in group, get instant discount! in the forum Creative Investing 11 years, 8 months ago
Oops posted twice
PropertyGenius replied to the topic borrowing capacity in the forum Finance 11 years, 8 months ago
Hi Joey,
Have you tried one of the online calculators the big banks provide? A quick way to get an idea of general capacity.
PropertyGenius replied to the topic Buy properties in group, get instant discount! in the forum Creative Investing 11 years, 8 months ago
As alfrescodining mentioned above, I'm doubtful a 5-10% discount would get anyone to sign up to a 'group buying' scheme. Not to mention, by the time you get 5 buyers together, you will likely have drop outs which makes this very difficult to work. What stops me from registering interest and never following through? Wouldn't that just create a…[Read more]
PropertyGenius replied to the topic Buy properties in group, get instant discount! in the forum Creative Investing 11 years, 8 months ago
I'm curious as to how this can work for real estate. With consumer goods people can make a payment straight away, hence groups of buyers can be attained quickly. Now with real estate, most people need to sort out financing, does that mean you will wait until everyone has financing before the group buy goes ahead? Otherwise wont you just be buying…[Read more]
PropertyGenius replied to the topic Bad property agents in the forum Opinionated! 11 years, 8 months ago
Unfortunately feels a little too common with agents, but I guess it goes hand in hand with any sort of sales related industry. Some handle the stress well, others fail miserably – he was probably just having a bad day.