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Positive Real Estate

Discussion in 'General Property Chat' started by skull, 16th Aug, 2016.

  1. skull

    skull New Member

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    Can people muster up `60 Minutes` or the like to do a story on s0 called Positive Real Estate and the effect they have on peoples lives !!!!
     
  2. Biz

    Biz Well-Known Member

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    No but I have Tracey Grimshaw on standby for you.
     
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  3. Angel

    Angel Well-Known Member

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    Did you google the company before you gave them your credit card details?
     
  4. Robbo03

    Robbo03 Well-Known Member

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    Did you want to elaborate? How have they effected you?
     
  5. Greyghost

    Greyghost Well-Known Member

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    Explain.
     
  6. Colin Rice

    Colin Rice Mortgage Broker Australia Wide Business Member

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    *****Crickets chirping*****
     
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  7. Mick Butterfield

    Mick Butterfield Well-Known Member

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    Tumble weed blows across the street.
     
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  8. Coota9

    Coota9 Well-Known Member Premium Member

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    image.jpeg
     
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  9. skull

    skull New Member

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    15 units in Gladstone , and 42 in another developement,rents down up to 55 % and values dropped $145,000, at least each, so how much does gthat add up to....only to have phone calls and emails not answered !
     
  10. hobo

    hobo Well-Known Member

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    Sorry if I've misunderstood, but are you saying you own a total of 57 apartments that you.... purchased through them?
     
  11. bob shovel

    bob shovel Well-Known Member

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    You might need to make more sense if you want some one to listen, or engage in some form of communication
     
  12. Coota9

    Coota9 Well-Known Member Premium Member

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    Right,so you' re saying you have 57 units that have dropped in value by 145K each.

    So your values have dropped only 8.2 million than..chicken feed
     
  13. JDM

    JDM Well-Known Member

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    Why is it their fault you bought in a market that tanked? What do you want them to do?

    Newsflash - real estate agents are paid by the seller and are legally obliged to act in the best interests of the seller (ie to sell property to you at the highest price possible). It is on you to do your own due diligence.
     
  14. Foxdan

    Foxdan Well-Known Member

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    Hills district, sydney
    Harsh reality but fair statement. High risk areas come with high reward.... Or heavy losses....
     
  15. MTR

    MTR Well-Known Member Premium Member

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    Pretty sure there is a thread on this group on Somersoft forum.

    I dislike companies that source bulk for their clients from developers, everyone is a winner except the buyer.

    I think this group mentors as well

    MTR
     
  16. albanga

    albanga Well-Known Member

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    well this thread just put a damper on my Friday morning.
     
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  17. bob shovel

    bob shovel Well-Known Member

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    ? images (2).jpg ?
     
  18. albanga

    albanga Well-Known Member

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  19. New Town

    New Town Well-Known Member

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    The gold coast was traditionally one of the more volatile markets in Australia and the mining towns have always been up and down. But are the recent level of losses in these towns unprecedented? The huge numbers of investors that have taken a bath in these markets is scandalous.

    For the OP it looks like diversification was a dirty word when they were splurging.
     
  20. Pipeclay

    Pipeclay Active Member

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    8th Aug, 2015
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    Location:
    Tasmania
    I lost (a lot almost 400K) money though these guys as well - See previous posts in Property Spruikers discussion.

    I feel there was a sense of being educated - but by people with nefarious intentions. My fault for not only doing due diligence in the property but DD on the "educator".

    There is a potential legal case in terms of breach of trust as per my legal advice but I would rather concentrate on cutting the dud properties and moving on.

    All I can say is tell everyone you know to stay away from these guys.