Positive Property Solutions

Anyone had any experience with this company? Home - Positive Property Solutions | Investment Strategy & Advice

Is handing out a free book *just pay shipping and handling*

Thoughts?

 

The book seems overpriced.

 

The library is free.

 

Lots of free info right here.

 

Did you watch the video of the case study? Some major red flags there being:
- Told his client to sell his "older" property to release equity and to buy a new build. Despite the client admitting his older property was "cashflow neutral". His client probably just sold a property that he may have been able to renovate to add value or could have been in a great growth suburb but was told to sell it because it was "old and needed regular maintenance".
- Clearly directs his clients to new properties for "cashflow benefits" and to make it "cashflow positive" - a massive red flag
- Got his client to buy a new property and the property was "not listed on realestate.com.au". So basically selling developer stock to his clients
- Admits on his website that the course you have to undertake with him is "expensive".
So in a nutshell:
- You pay for an expensive course - you could just buy books or read on this website would cost you virtually nothing and you would learn more and it's independent info.
- He directs you to buy developer stock of which he will likely take a cut from the developer which means it will be overpriced - I am reading between the lines but that's what it seems like
The only positive thing he said was "there are 16,000 suburbs in Australia and you need to look outside where you live" - at least not just encouraging you to buy in 1 city or suburb. Probably has links with developers across the country!
You would also want to check:
- Is this company linked with PIPA? (Property Investment Professionals Australia) Does this guy have any qualifications eg QPIA or a financial planner qualification and registration? This is an unregulated industry so anyone can set up a "property investment firm" and call themselves an expert
Has this guy had any success personally investing in property or is he making all his money from selling new property through developers and running his courses and gaining his clients finance?
You need to educate yourself before you sign up for anything like this and do a lot of due diligence on any property investment company before you go with them.
Keep reading through this website, read reputable property books (not his) and use the search function on here and once you have done all of that and you are educated then revisit it.

 

Thanks for the informative reply.
Have been doing the homework for sure.
The guy seems successful.
Adelaide property guru reveals how to retire in your thirties - realestate.com.au



But, any hack could probably get on the TV if they really wanted to.

Got an invite to their private facebook page from a work colleague. Page has a couple thousand members. But mostly posts motivational B-S@$% and the occasional video.

I'm wondering if anyone here has had any dealings with them?

 

The morning TV shows are all paid promotion. I remember Refund Home Loans used to be on quite a bit. They weren't actually selling home loans, they were selling franchises. Ultimately they went bankrupt. I wouldn't take a TV segment as an endorsement of anything.

My feeling is to go to a seminar. Leave your wallet at home (people often get caught up in the hype and spend on the spot). Take lots of notes.

Then come back here and ask for feedback on the strategies they've out lined.

Some red flags to look out for in any seminar:
* They only promote new properties.
* Rental guarantees are offered.
* They have their own people to organise our finance & legal advice.
* Understand how they get paid. If you're not paying them, they're probably not working for you.

 

The irony is newbies want to ask experienced investors about this or that marketing company.

but no experienced investor will touch these one stop shops.

But somehow the newbies think in the absence of negative reviews it might be some undiscovered magic.

dont. Just, dont.

 

Here's a fact - if he did his buying in 2010-2015 - you can't replicate his success by using the same methods. Times have changed, and you need strategies that will work today...and they are totally different.

Also, NEVER use a one stop shop. You always want to have your own broker, accounting and legal.

 

While I can't answer for anyone else, personally I'd rather poke my eye out with a blunt stick.

 

Fixed it for you.

 

If you are not paying them, and the seller, the developer, is putting 50, 100, 500 units (each with a 5 figure sales commission) to the marketing company.

whose interests will the marketing company act in? What truths will they stretch to get you to buy? will they risk the millions from the developer?

 

What makes you think that?

 

Because there are no negative reviews of the bod and we know that we can rely on the internet.

 

Self recommendation is no recommendation at all.

 

I was a member with these guys and it was difficult to get out of the service they provided. Just be aware their free consultation is when they also ask you to sign up with a deposit over a zoom meeting. ✌️

 

Appreciate the feedback all.

 

Whats a "member"?..Sounds like way to suck more money from people. Let me guess special deals NOBODY else will get...Yeah right....Developer fees, hidden income, BA services, credit services, trails and a subscription on top. Woohoo. Kaching.

 

Sounds like Paul have his tin foil hat on. LOL

Joking about that - I am sure you have been around the block a few times and have seen many characters in this game.