Has anyone had any experience with FRD?

Discussion in 'Investor Stories & Showcase' started by Maurizio, 23rd May, 2017.

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  1. Maurizio

    Maurizio New Member

    Joined:
    23rd May, 2017
    Posts:
    1
    Location:
    Gold Coast
    Hi I met with Ian from FRD in relation to purchasing an off the plan investment in pumpama (Gold Coast )
    What I like is the 9 years rental guaranteed but I want to know if anyone had any experience dealing with them
    Thank you
    Maurizio
     
  2. Marg4000

    Marg4000 Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    6,380
    Location:
    Qld
    Who gives the guarantee?
    What happens when/if they go broke?
    Is the price inflated to finance the guarantee?

    A good investment should not need a rental guarantee to make it successful. If you really need a guaranteed income, compare this with DHA offerings.
    Marg