Crawford Property Group in liquidation

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

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  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 Well-Known Member

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    Do elaborate
     
  6. LifesGood

    LifesGood Well-Known 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 midas touch

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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.
     
  10. Westnblue

    Westnblue Active Member

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    Amazing to see property values fall so much - Almost 70%.
     
  11. TMNT

    TMNT Well-Known Member

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    exactly, what a arrogant bunch of twats crawfords and to a lesser extent darren is

    being young, and inexperienced, they talk they have been doing this for ever and are experts

    no doubt he will file for bankruptcy, all the debts will disappear and he will probably start a new career in soemthign else

    why others didnt say to them, "you got lucky and you still dont know what you are talking about"
    I have no idea

    Results arent necessarily an indication of skill or understanding or expertise
     
    Last edited: 6th Jun, 2017
  12. Trainee

    Trainee Well-Known Member

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    They surrounded themselves with 'positive people' and ignored the 'haters'.
     
  13. larrylarry

    larrylarry Well-Known Member

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    optimism should be tempered with caution.
     
  14. sash

    sash Well-Known Member

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    Mate a few on here like that.....it happens everywhere......people go through one cycle make lots of money...become overconfident...****** hits the wall...and the rest is history...
     
  15. TMNT

    TMNT Well-Known Member

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    So they surrounded themselves with just as deluded people so that they can go around thinking they are good when they were essentially clueless and thought they were geniuses?

    Great! Another way to create a useless narcissist
     
  16. Trainee

    Trainee Well-Known Member

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    Yes because it feels good to be adored. Takes a bit of self awareness to question yourself when everything is rosy.
     
  17. ORAC

    ORAC Well-Known Member

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