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Anyone heard of ParkTrent Properties

Discussion in 'Property Experts' started by ross100, 29th Jul, 2015.

  1. ross100

    ross100 Well-Known Member

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    Has anyone deal with company called ParkTrent Properties, are they good, bad or has anyone bought from them
     
  2. The Y-man

    The Y-man Moderator Staff Member

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    I must say, if there is one thing about them, they have been around for ages................ which can't be said for many of the other players in the market.

    The Y-man
     
    Last edited: 29th Jul, 2015
  3. Simon Hampel

    Simon Hampel Founder Staff Member

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  4. alexm

    alexm Well-Known Member

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    Do some research on the director's of that firm before you deal with them.
     
  5. Big Will

    Big Will Well-Known Member

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    Never heard of them but the reviews on google 1.3 out of 5.
     
  6. euro73

    euro73 Well-Known Member Business Member

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  7. Big Will

    Big Will Well-Known Member

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  8. ross100

    ross100 Well-Known Member

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    Thanks everyone
     
  9. Set81

    Set81 Active Member Premium Member

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    I went to one of their free seminars at Canterbury leagues about two months ago , they were pushing OTP units in Melbourne and HL packages in Coomera
     
  10. DaveM

    DaveM Adelaide Buyers Agent & KFC Strategist Business Member

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    They were pimping otp houses in whyalla with rental guarantees a while ago. So many alarms went off the fire brigade attended my head
     
    DiligentPM, tobe and Wall Street like this.
  11. Chilliblue

    Chilliblue Well-Known Member

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    They also visit you at home. Someone at work was looking at investing with them. $1 million for a 2 bedroom unit near the new station at Kellyville or a 4 bedroom house 2.5km away. All for the fantastic return of $750pw plus the depreciation as these are OTP.
     
  12. alexm

    alexm Well-Known Member

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    chunk likes this.
  13. JK200SX

    JK200SX Well-Known Member

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    They do what all the others do - sell properties for developers with their own premium /markup added.
     
  14. Kael

    Kael Well-Known Member

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    I'm subscribed to their emails but would never use them, personally. I like seeing what they have to offer. Just got an email today where they were trying to sell H+L packages in Arnolds Creek Estate, Melton, Victoria.
     
  15. John101

    John101 New Member

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    http://asic.gov.au/about-asic/media...asic-obtains-final-orders-against-park-trent/


    I would urge everyone to look at this the latest findings handed down against Parktrent.

    Also I would steer everybody away from dealing with this company as their lies, deceit and the owner of the company Ron Cross's greed knows no end, trust me from personally dealing with them and being treated very poorly I would STAY AWAY!
     
  16. Big Will

    Big Will Well-Known Member

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    Hi @John101,

    Welcome to the forum and thanks for your contribution, can you give any specific details about the poor dealings?
     
  17. euro73

    euro73 Well-Known Member Business Member

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    All you need to know is... stay away
     
  18. Scott No Mates

    Scott No Mates Well-Known Member

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    ...and you were attending? Who was head- lining - Vince Sorrenti, Austin Tayshius, Rodney Rude?
     
  19. chunk

    chunk New Member

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    Anyone living in Wollongong in the 80's and 90's will be well aware of Ron Cross and his business issues.
     
    alexm likes this.
  20. Paul@PFI

    Paul@PFI Tax Accounting + SMSF Business Member

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    ASIC have some material on their website following PTs prosecution for providing illegal advice for 5 years involving 860 clients. ASIC Media Release 15-300MR.
    http://asic.gov.au/about-asic/media...uiker-found-to-have-provided-unlawful-advice/

    If they (only) sell property they probably cant provide independent financial advice under AFSL and anyone else who assists the spruiker shouldn't be trusted. Conflicted advice ?