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Crawford Property Group in liquidation

Discussion in 'Property Experts' started by charttv, 29th Jul, 2016.

  1. Brisbane04

    Brisbane04 Member

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    Hi,
    I find it amazing how some of the people the property investor magazine highlights and even rewards in some cases as being the property investor of the year. Most have only been investing for a short period of time and the issues with their investing are glaringly obvious yet these so called experts praise them. Just goes to show you to be wary, very wary of advice by supposed experts.
     
  2. mrdobalina

    mrdobalina Well-Known Member

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  3. THEDUKEOFVIC

    THEDUKEOFVIC Member

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    The strata fees are 10700 per annum and 1600-1700 council rates, so the answer is no.my mate is currently renting 1 of these 2 bedroom fully furnished apartments for $175 a week, do the math
     
    Last edited: 15th Nov, 2016
  4. Madden

    Madden New Member

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    Hearing that Peard may be the next,allegedly!
     
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  5. DaveyB

    DaveyB Active Member

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    Do elaborate
     
  6. LifesGood

    LifesGood Home Building & Development Consultant Business Member

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    I highly doubt that! But intrigued as to where you got that info?
     
  7. Ross Forrester

    Ross Forrester Well-Known Member Business Member

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    k
    I hope that is not the case.

    Peter is a really great bloke. It would make me sad if that was happening to him.
     
  8. MTR

    MTR Well-Known Member Premium Member

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    Yes, a bitch when you LVR and the market goes pear shaped. Imagine if they had sold half of their portfolio during boom times.... perhaps they would still be in business? who knows..

    Real Pain - Australian Mining Towns
     
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  9. WattleIdo

    WattleIdo renovating Premium Member

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    Maybe hte tenants who bought it? Rent was 650/week in June 2016. Could that be right?
    Not a bad buy if you can get the tenants.