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  • scotthochgesang
    Participant
    @scotthochgesang
    Join Date: 2010
    Post Count: 3
    June 11, 2016 - 7:17 pm

    First thing in this situation is to confirm if there is any financial relationship with your financial advisor and the property firm? If there is it should be declared upfront. And you should know if a payment is being made for the referral to the “property expert”.

    I know the Sunshine Coast very well. As have made about 20 trips up there over the last 2 years.

    Happy to have a chat if you want to give me a ring. Just drop me an email for details as don’t want to post a number here.

    Scott in Balmain
    [email protected]

    scotthochgesang
    Participant
    @scotthochgesang
    Join Date: 2010
    Post Count: 3
    June 11, 2016 - 7:10 pm

    Hi Nathan,
    Have you actually used their service? I would like to understand how it works. Do they charge the buyer a fee? Do they take commissions from new property sales?

    Scott in Balmain
    [email protected]

    scotthochgesang
    Participant
    @scotthochgesang
    Join Date: 2010
    Post Count: 3
    January 10, 2015 - 10:31 pm

    I got my last email promoting these ND hotel units at least 3 months ago. Anyone know what is going on there on the ground given the crash in world oil prices? I suspect that companies are going under, guarantees will not be met (with the guarantor going bankrupt) and that property prices are falling now. The risk of investing in an area solely dependent on one industry – same in Australia as the US.

    Scott Hochgesang
    Balmain Property Guy

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