I consider it East Africa
Hey,
East Africa’s gotta be better than West NZ, or southern PNG.
I remember a guy in Sid-a-knee asking me where I was from…I replied the West…in a deadpan serious face he he said he’d never been all the way out to Broken Hill..and meant it…not as bad as some of the hicks from Louisiana, but right up there.
Cheers,
Dazzling
“No point having a cake if you can’t eat it.”
Hey Dazzling – I know people here in Sidanee who don’t like going west of Newtown – let alone over to East Africa.
It was a joke in case anyone was wondering – don’t want a posse of Sandgropers lobbing on my door in their clapped out HJ holden to give me a touch up [party]
Originally posted by Derek:And finally to Rob, I wonder if your ‘bagging’ has anything to do with the rejection you got from The Club when you expressed a wish to become one of our recognised brokers and the subsequent rejection I sent you in an email around the end of Feb/early March of 2005.
I never really wanted to pursue this comment further but feel I should seeing no supporting documentation has been forthcoming following my request.
I stand by my comment that if I did in fact contact The Investors Club, which does not appear to be the case according to my sent emails folder which goes back 3 years, it was purely as part of a link exchange website optimisation program I regularly undertake with numerous websites.
Anyway, what concerns me most about this public comment by The Investors Club is that, if such an email actually exists, it appears to be a breach of the Privacy Act.
I was under the impression that private emails between individuals or organisations as part of business or other private dealings would remain private unless a Privacy Act consent form or other consent to use the information in this manner was provided.
For example, if someone applies for a job with an organisation, should they expect to see comments regarding their application appear in a public forum by the company in an attempt to prove some kind of point? It makes you think about how safe an individuals information really is treated in such an organisation and how it is really used.
The funniest thing about all this is that at least two of the organisations listed on the ‘preferred broker’ list call me when they get stuck on a loan. This made me realise that The Investors Club had no other reason than to show a lack of respect for my knowledge in my chosen area and wanted to make that clear by this public comment. This appears to have back-fired due to a lack of any support to their claim or response to my subsequent summaries regarding The Investors Club.
I want it to be clear that my comments only relate to The Investors Club which is an organisation offering their services publicly and is therefore open to public scrutiny as are the organisations I currently represent.
Robert Bou-Hamdan
Mortgage AdviserDerek
On a quick note I assure you the Club has in the past sold property well over valuation.
Over the 10 years they have been in existence they have sold over 130 of our properties in and around Brisbane.
On each and every development I have provided them in writing a certified copy of a HTW valuation undertaken by our Bankers together with our net amount required on the deal. This amount is usually the valuation figure less REIQ commission. On numerous occassions the Club have advised me that they intended to list the property at a higher price and required between $11500 – $15000 commission.
Whilst I accept valuation figures vary from valuer to valuer HTW is accepted in SE Qld as true guide to value.
As a developer my concern is the net figure i am left with after the sale.
This practise is common and still goes on with the latest evidence of this being a property of ours which was settled by the club in Brisbane last Wednesday.
In 10 years I have been asked on 2 separate occassions to provide evidence to the OFT in Qld regarding a variety of proeprties and other schemes originally run by the Club.
Cheers Richard
richard at castlewhite.com.au
Email me for details of our Qld wrap CD which gives you a full Installment Contract.Richard Taylor | Australia's leading private lender
That seems to be how many of the standard real estate agents operate who sell off-the-plan properties. Like I said initially, ‘The Investors Club’ just registered a catchy name and combined it with clever marketing to the less experienced investors.
The Mortgage Adviser
http://www.themortgageadviser.com.au
[email protected]There is a good article in “findlaw” regarding a Brisbane solicator not disclosing to clients for the second time the full commissions and fined again.
My view is he and his counterparts should be closed down, people should get independant advise and must use an independant solicator not recommended by the selling agent.
resiwealth
How about a link for simplicity???
The Mortgage Adviser
http://www.themortgageadviser.com.au
[email protected]
Essential LinksIf you do buy through the Investors Club just ensure that you never buy a property where the Vendor is Probuild Industries Australia or any name similar.
And yes i am ready for litigation if they have the courage to take me on.
Cheers Richard
[email protected]
http://www.yourstatefinance.comIP funding and US property finance
our specialityRichard Taylor | Australia's leading private lender
Richard, you can never be sued successfully by anyone for telling the truth or simply stating facts.
TMA
http://www.email4money.info
Investor Links
First Home Buyer WebsiteProbuild sounds farmilar i’ll check them out, sorry Rob didn’t have a link but i will investigate it for you.
Phil
Hi Rob
Your comment, “Richard, you can never be sued successfully by anyone for telling the truth or simply stating facts.” is NOT true, mate. Not even close.
Basic Law 101 teaches that it not enough to just state the truth; many huge payouts have been made against truth tellers. It has to be “in the public interest” as well as true – and even then there’s still no certainty that you’d win a big litigation case.
All this said, I s’pose those who use a code name can have some fun in places like this. In the end it’s S teve whod get busted. Some of the posts are great fun but I wonder if S teve’s wife knows their family home is at risk.
All this aside, I agree with Richard that the investors club is crooked and your a good bloke Rob.
Cheers
Leo
Originally posted by Leo Chekhov:Hi Rob
Your comment, “Richard, you can never be sued successfully by anyone for telling the truth or simply stating facts.” is NOT true, mate. Not even close.
Basic Law 101 teaches that it not enough to just state the truth; many huge payouts have been made against truth tellers. It has to be “in the public interest” as well as true – and even then there’s still no certainty that you’d win a big litigation case.
All this said, I s’pose those who use a code name can have some fun in places like this. In the end it’s S teve whod get busted. Some of the posts are great fun but I wonder if S teve’s wife knows their family home is at risk.
All this aside, I agree with Richard that the investors club is crooked and your a good bloke Rob.
Cheers
Leo
Leo,
If that is true, then that is truly scary. There is something amiss in our legal system IMO.
Anyone with two bob to rub together should put there assets well and truly out of reach of potential litigants.
Then one can say – “So, sue me!” and not worry.
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