Dream Design Do

This website appears on my facebook.
http://www.ddpproperty.com.au/facebook-power.html

Has anyone used them? A one stop shop by the look of it.

 

$10-$12 k for Sub $300k properties

Renovation (Their own trade, Broker)

Release the equity for next one..

I guess above sums up what they do.. may or may not work for some!

 

Please refer to this thread;
http://somersoft.com/forums/showthread.php?t=106519

Paul puts it quite eloquently...

 

I've met Zaki before, really genuine guy. His team actually bought my old IP in Tregear, the gentleman we dealt with paid way over market price though. I think some may be hits and some miss's but they def paid too much for my property. I did not complain though

 

Got it! Thanks. I asked because I saw some of my friends 'Liked' their facebook ads.

 

not long ago sponsored a nightclub party at Ivy... indicates me that target audience are young/first time investors with view of getting rich quick

yet to hear horrible reports, so must be working for some ppl!

 

I don't like the fact that he blanks out the locations of his own investments, seems quite strange to me, especially if you're trying to sell your expertise and success....

It didn't stop me from finding the locations through pricefinder...


http://en.calameo.com/read/00076112264f2e8300119

 

May be trade secret!

 

Because if he provides where he buys then everyone will just go buy there. They wouldn't need his advice for area

 

I think you are right in terms of target market. I heard that in the early days his business was solid and customers were getting good deals but more recently they are quote: 'flogging any old tin shed to people so they can make their commission' ..words from a client (not mine).

 

I engaged the services of Dream Design Do back in mid 2013. At the time I was dealing direct with Zaki which was good. He found me a decent property in Western Sydney and I used his builders for the reno too. That's when the problems starting happening. As part of his "full package" back then he said he would be involved in the reno management process and any problems I had with the builder (Bruce) I can go through him to sort it out. There were so many delays and when it was time to confront the builder, Zaki didn't want to have anything to do with it and basically said I had to deal with it etc. Zaki had said that if we use his builders he can guarantee that for every week delay from completion, he will deduct a week's rent from the builder's fee. We were 4 weeks late in the reno and when the balance of the reno was due, Zaki denied the whole thing despite me forwarding what he had written in email. I ended up just paying the builder the full amount despite the delay as I felt guilty but was really disappointed in how Zaki dealt with the problem.

We also had issues with the broker he recommended us. When we first met him he said he doesn't want to deal with any outside brokers as he only likes to deal with brokers he knows can "get the job done properly". I was hesitant at first but he reassured me he has worked with this broker for a very long time and that she's very good. When it came time to get the unconditional approval there were a few hiccups and after I kept pushing him why she is so slow I found out that she had just started working for him and he had no idea how she works. Should have seen the red flags from the get go but I was young, a newbie and had put too much trust in these "experts".

Long story short.. we made good money from the property but so has anyone that purchased in 2013. I would never use Dream Design Do again as Zaki talks a lot but when things get a bit difficult he is nowhere to be found.

Judging from his posts on social media it seems as though his business has boomed quite significantly but I am under the impression he is now targeting a different market i.e. the young/first time investor as someone stated above.

 

This seems to be a common theme emerging all across Australia.

 

More like a common symphony!

 

They're getting a decent rollicking in the comments section on their FB page for this ad


Facebook



Where does he get $52,250 from?!

$410k+$30k= $440k cost
$465k-$440k= $25k equity gain
80% of $25k is $20k equity available

 

Go

Good point - the rental yield doesn't add up either. The add seems to be getting a lot of attention but majority is not positive.

 

Never used but some common things to keep in mind, if it sounds to good to be true it likely is.

Also his website looks cheap and tacky, it appears more targeted to get masses of people involved rather than being professional.

As other have pointed out seems to be targeting more first home buyers/young people, why is that?

 

From API 2012, must be a big secret.

 

It is a secret to those that dont follow the property market or time poor

 

Markets change in 4 years.

 

i met with one of the consultants in DDP last month .. not delt directly with zaki but my impression was they highly overcharge 14-15K for services while the areas she mentioned to me are ipswitch . logan, woodridge and redcliff which everyone is following.

Overall i was not convinced that they are offering any value for 14-15K. I can gauge after talking to consultant they she is here only to sell her offering and found no substance in talks