All Topics / General Property / Integrity Property Investor Services
Hi,
has anyone had any dealings with Integrity Property Investor Services run by Daimien Patterson. If so what can you let me know your thoughts.
Cheers
popelich wrote:Hi,has anyone had any dealings with Integrity Property Investor Services run by Daimien Patterson. If so what can you let me know your thoughts.
Cheers
Anyone?
Never heard of them.
What are they promoting?
Cheers
Yours in Finance
Richard Taylor | Australia's leading private lender
Haven't heard of them either….but that's no surprise. There's hundreds of IP related businesses….more and more are popping up each day.
Cheers
Jamie
Jamie Moore | Pass Go Home Loans Pty Ltd
http://www.passgo.com.au
Email Me | Phone MeMortgage Broker assisting clients Australia wide Email: [email protected]
Qlds007 wrote:Never heard of them.What are they promoting?
Cheers
Yours in Finance
Hi 007,
I called you again the other day – very hard man to get a hold of via the phone! Noticed on your website that you;re providing a Buyer's Agent service now and was keen to hear more.
http://integrityproperty.com.au/ – They are visiting my far-flng corner of the world soon,although I'll be away, so I had a Skype yarn to the head honcho the other day – they source new properties for their investor clients and recommend buying new because of: 1. Depreciation benefits; 2. Builder's warranty; 3. Better tenants; 4. Less maintenance.
They apparently have a few areas (although would not elaborate on these or the particulars of their properties), but mentioned Gladstone, which had me wondering, considering the apparent downward trend in rents and upward trend in vacancies I keep reading about recently. Long term should be ok though I suppose, if you can get tenants and cover costs.
I emailed them after the chat and mentioned that it was hard to decide whether to invest with them when they haven't disclosed their properties' locations and/or financials, so am waiting to hear back.
I'm probably still a few K's/months short of my next IP, but am trying to find what's available when I'm ready to go, and being so far away (from anything!), I'm thinking of using a mob like Integrity or a Buyer's Agent to ensure I don't buy a dud!
Your thoughts and constructive criticism are welcome!
Cheers,
Cridos
If they are only selling new properties and in areas such as Gladstone, chances are they are just the 'middle man' for moving developers over supply of stock (now the heat has died down in those areas and there is too much on the market), while making a nice commission from the developer in the mean time. They probably don't have your best interests at heart and more concerned with lining their own pockets. Not saying they are one of these but there is alot out there like that so I would be cautious.
Not wanting to slag anyone off… (and biting my tong over their name)
You can quite effectively utilise sites like 'on the house' and real estate dot com for their search filter Australia-wide to suss out your own potential investment suburbs.
- Make a list of your top 10 suburbs (Australia-wide or state-wide) and then Pro and con each.
- Go to each's local council and state gov website and find out planned infrastructure, new schools, shopping centres, hospitals etc… Even ring local burocrats, they love it. the do nothing anyway. Narrow it down further.
- Research that suburb. Visit it. it may only cost $200 for a return flight and $50 car hire to fly their for a day and suss it out yourself. (minimal considering what your investing and could potentially lose).
-
Talk to local real estate agents. They love to talk
If they have 'Integrity', essentially this is all they are doing on your behalf. If they are not integrous … they are just flogging excess stock under the guise of 'mentors' like N@than said ^
Either way it pays to do your own research
Good luck!
Jimmy86 | Future Assist SMSF Specialists - Bris | Melb | Syd
http://www.futureassist.com.au/setupansmsf
Phone MeSelf-managed super specialist administrators and advisers
Thanks for the advice Nathan and Jimmy!
Hi Michael
Simple reason i am hard to get on the phone is my father died last week so i am in the UK attending the funeral and dealing with family affairs.
Yes been offering our BA service for over 18 months but only recently been advertising it due to the demand from forum members.
Popelich ,
Remember that you cannot claim the costs of the flight, accomodation etc when you visit an area to undertake your research.
Cheers
Yours in Finance
Richard Taylor | Australia's leading private lender
Richard, sorry to hear about your loss.
Redwood | REDWOOD | SMSF | PROPERTY | FINANCE
http://redwoodadvisory.com.au
Email Me | Phone MeSMSF - PROPERTY INVESTMENT - WEALTH CREATION AND FINANCE SOLUTIONS
Appreciate it Redwood thanks.
Cheers
Yours in Finance
Richard Taylor | Australia's leading private lender
Very sorry for your loss Richard. I think the last few times I tried to call, Brisbane was underwater! My timing is impeccable!
I'll catch you for a yarn one day hopefully.
Regards,
Crido
Sure Michael be back mid January.
Cheers
Yours in Finance
Richard Taylor | Australia's leading private lender
Sorry to hear Richard. Take care mate.
Cheers
Jamie
Jamie Moore | Pass Go Home Loans Pty Ltd
http://www.passgo.com.au
Email Me | Phone MeMortgage Broker assisting clients Australia wide Email: [email protected]
Condolences Richard.
Go the BA route over a property marketing company, especially one who pushes Gladstone.
Thier sole motive will be the 15 – 20k comm!
Colin Rice | CDR Finance
http://cdrfinance.com.au/
Email Me | Phone MePerth Based Mortgage Broker - Investment Property Finance Specialist | E: [email protected]
Sorry for your loss Richard – I'll look forward to your future posts.
Thanks guys appreciate it.
Cheers
Yours in Finance
Richard Taylor | Australia's leading private lender
N@than wrote:If they are only selling new properties and in areas such as Gladstone, chances are they are just the 'middle man' for moving developers over supply of stock (now the heat has died down in those areas and there is too much on the market), while making a nice commission from the developer in the mean time. They probably don't have your best interests at heart and more concerned with lining their own pockets. Not saying they are one of these but there is alot out there like that so I would be cautious.UPDATE:
I'm currently awaiting a reply (being ignored?!) by Integrity Property Investor Services after I have politely requested a refund (as per their policy), so therefore have to agree with you Nathan, when you state, "They probably don't have your best interests at heart and more concerned with lining their own pockets."
Jimmy, yes … their name, 'Integrity', is a worry and doesn't seem fitting!
To elaborate, I have been told in an email that I won't be getting a refund of my "Coaching Session" fee, despite the website, and Damien Patterson in person on the phone, spuiking the company's policy of, "100% Satisfaction Guaranteed, or we'll give you your money back!"
My lesson wasn't too expensive thankfully … but I'd like others to be aware that Integrity Property Investor Services might best be avoided!
Damien has said in an email that because I spoke with him and one of his colleagues several days after the Skype-facilitated "Coaching Session", this showed I was "satisfied" with the meeting, and therefore he won't honour my refund. On the contrary, only hours after the meeting (after I had time to think over the contents – or lack of contents – of the meeting), I emailed stating I was unsatisfied, but was keen to hear more (I thought I must of missed something, because I learnt nothing I hadn't already read in numerous IP books, magazines, websites, ect.).
Anyway, I know I was probably very naive to employ these guys services in the first place, but with a "100%" guarantee of being satisfied or my money back, I thought, "What can I lose?"
It seems a hard earned $297 (or $497, if you don't get offered the "discounted rate"), is what you could lose!!!
Buyer beware!!!
Regards,
Crido
Unfortunately there are too many like that Crido! I would say $300 is a cheap reminder and lesson learnt! Could have been a $300k+ underperforming/over valued property!
Hi All,
Daimien Patterson here.
I acknowledge that as a public figure I will be criticised in public forums like this and I accept that. In fact I think forums like this are great.
But let me put this on the public record.
I recognise that the property investment industry has in the past had some people of highly questionable character, and that has caused our society to have a healthy suspicion of any company that provides property investment related services. Fair enough. But reputable companies still do exist and I will defend my integrity and that of my staff from any attempts of unfair defamation.
I am an ex-Army officer who served our country for 14 years including in East Timor and Iraq. I value my integrity, and that off my staff, and will defend it from people who seek to tell only one side of the story. You can read more about our company at http://www.propertyinvestmentmentor.com.au if you wish.
I myself, whilst still serving in the Army and property investing on the side, went through the wringer of all the seminar companies and dodgy spruikers. I was exploited, lost money, and watch others lose it too. When I left the Army, after a short time working for another company, I decided to start my own company founded on Integrity (hence the name) that helped clients rather than profiteered from them. Whilst no one can control the market, we can control the amount of effort we go to to give our clients the best chance of success, and that is what we strive to do.
That said however, I refuse to allow anyone to treat myself or my staff with disrespect or unfairly defame us. Out of professionalism I will not disclose the full name of the person above who seeks to discredit me and my staff, but I will tell you the full story he has not.
What he has not told you is that he was abusive to my staff on two occasions and I was not prepared to give him a third opportunity so I dropped him as a client; and I would do it again to any other person who believes that is an acceptable way to treat anyone, let alone my staff. In retaliation he has taken to social media in some kind of misguided revenge attack.
He did proceed well past our one-on-one first consultation and enjoyed the benefits of the services that we offer after that point including the products of our research team and our risk management information. Both services that are highly valuable and expensive to produce.
He did then later ask for a refund on the first appointment well down the track. To this I refused.
There is always two sides to a story ladies and gentlemen. Thank you for taking the time to read ours.
I am almost certain that there will be another outrageous assertion by the individual in question, but please understand that I will not be responding to it any further.
If any one else reading this forum would like to continue this conversation with me please email me directly on [email protected]
Kind regards,
Daimien Patterson
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