Has anyone delt with Cash flow capital

Discussion in 'Property Experts' started by Chintu, 27th Jul, 2017.

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  1. Chintu

    Chintu Member

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    Hi,

    I have attend a webinar last night with cash flow capital promising a positive cash flow properties and also offering development opportunities - has someone enrolled with them and if so how was the experience

    Any help would be appreciated
     
    Chintu, 27th Jul, 2017
    #1
  2. Silverson

    Silverson Well-Known Member

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    There was another poster a week or so ago asking same question, also with a low post count if I can recall....
    Either someone's doing some promo work or.... Hehe

    On a serious note and my opinion only, if all these people were so good at finding cashflow positive properties and great dev opportunities they would be buying/investing and developing for a living, not holding seminars and Webinars.

    All the best with your future endeavours nonetheless.
     
    Silverson, 27th Jul, 2017
    #2
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  3. Big Lez

    Big Lez Well-Known Member

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    I sometimes think the same thing. If you found a good legal way of making money, why would you tell anyone about it?
     
    Big Lez, 27th Jul, 2017
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  4. Tom Simpson

    Tom Simpson Well-Known Member

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    To a certain extent I agree, however have you tried to get an investment loan recently?

    I'm not endorsing their product, just playing devil's advocate and saying that there are only so many opportunities a person can take advantage of. Eventually there is a ceiling whether it be time, money or another resource.
     
    Tom Simpson, 27th Jul, 2017
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  5. Chintu

    Chintu Member

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    Hi Tom,

    No, I haven't got any investment loan recently.
     
    Chintu, 27th Jul, 2017
    #5
  6. Chintu

    Chintu Member

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    Oops I should have looked into it...thanks for the feedback
     
    Chintu, 27th Jul, 2017
    #6
  7. Tom Simpson

    Tom Simpson Well-Known Member

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    It was a satirical poke at the regulatory and banking landscape at the moment implying it's tricky to finance one purchase let alone numerous properties across multiple developments :)

    I'm saying that these guys may want to leave the headache of property acquisition to the investors and they get on with their business of building.
     
    Tom Simpson, 27th Jul, 2017
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  8. Fargo

    Fargo Well-Known Member

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    Yes, unfortunately. They promised the world and delivered a pile of crap. Told me I was paying too much interest, I paid them a few hundred dollars to get a better loan. They couldn't even get a loan. They had no understanding of the tightening in lending criteria. I went to my usual broker who put my loans out for tender. I got offers from 5 banks. They presented me with some properties I thought where poor investments. The one I had a serious look at was a very poor choice and over priced. I could have got it cheaper from the agent before paying their commission. I found and built my own which had better yield, lower maintenance and more depreciation. They also got a little pushy and annoying with their phone calls.
     
    Fargo, 27th Jul, 2017
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  9. MTR

    MTR Well-Known Member

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    Is the Director Spiro???
     
    MTR, 28th Jul, 2017
    #9
  10. Chintu

    Chintu Member

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    Thanks Fargo, this really helps..
     
    Chintu, 28th Jul, 2017
    #10
  11. Phill74

    Phill74 Well-Known Member

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    Yes
     
    Phill74, 25th Dec, 2018
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