All Topics / Overseas Deals / Precise Property Management, MO

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  • Profile photo of EngeloRumoraEngeloRumora
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    @engelorumora
    Join Date: 2010
    Post Count: 618
    February 22, 2014 - 9:19 pm

    I hope so Jay :)

    50% – 70% drop would catch my eye.

    I doubt it will go down that much tho.

    Can you post the article on here?

    Thanks

    EngeloRumora | Ohio Cashflow
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    Profile photo of EngeloRumoraEngeloRumora
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    @engelorumora
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    Post Count: 618
    February 22, 2014 - 9:27 pm

    As you mentioned there are so many horror stories that investors are ashamed to share.

    I have recently connected with investors that were regular posters on this forum and many have had a similar experience to Rosa.

    Property managers stealing, developers scamming them, issues with bank accounts, etc…

    Its sad to see.

    Credit to Rosa for speaking out.

    I would like to mention that I was constantly getting phone calls from the same debt collector about some stupid bill that some other person didn't pay 2 years before I even moved to the US. No matter what I told these guys regarding me not being a US citizen and not even having a social number they still kept calling and calling. I left them messages to take me of the list and that I am not who they are looking for.

    I called them 1 last time and asked to speak to the manager. I explained everything to him and in a professional manner said if I received 1 more call I will get advice from an attorney regarding harassment charges haha

    It worked lollol

    Thanks

    EngeloRumora | Ohio Cashflow
    http://ohiocashflow.com/
    Email Me | Phone Me

    F@#$ THE REST WORK WITH OHIO CASHFLOW TO INVEST

    Profile photo of jayhinrichsjayhinrichs
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    @jayhinrichs
    Join Date: 2011
    Post Count: 1,177
    February 23, 2014 - 4:46 am

    Engelo  not sure where i read that. But I just watch a HBO special on China and holy Shit

    entire towns of 10 to 20 thousand vacant high rise apartmetns units. the developers in jail ( soon to be shot) in the US we just put them in club fed.

    At the end of the day Au is a different animal it wont feed on its self like the US..

    and why is that. .because in the US virtually everyone who walked away from a property did with impunity.. from what I hear in AU walking away from a mortgage is not Ollie Ollie oxen free on to the next deal.

    Profile photo of EngeloRumoraEngeloRumora
    Participant
    @engelorumora
    Join Date: 2010
    Post Count: 618
    February 24, 2014 - 2:13 pm

    Thanks Jay.

    I also just read an article on Ordos the biggest ghost town in China lollol

    See below:

    http://www.businessinsider.com/revisiting-chinas-ghost-cities-2013-9?op=1

    Crazy stuff

    There is definitely no "walking away" in OZ.

    Thanks and have a great day.

    EngeloRumora | Ohio Cashflow
    http://ohiocashflow.com/
    Email Me | Phone Me

    F@#$ THE REST WORK WITH OHIO CASHFLOW TO INVEST

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