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  1. Bill.L

    Australian Investment Institute

    Hi all, What a coincidence!! We have 2 posters, MrMako and Mujer, who both have had bad experiences before, who both want to get into property investment, who both sing praises about AII being good, no pressure etc, who both want to learn more, who both have only posted...
  2. Bill.L

    Australian Investment Institute

    Mr mako, Sorry but I wont be going away, and I'm not interested in any flaming. This thread was started by Jojo, before you even became a member of this forum. 5 years ago, there was another thread looking at new vs old property. The thread quickly went off the rails because some...
  3. Bill.L

    Australian Investment Institute

    Hi all, Mrmako, As one of the Know-it-all blah-blahs, all I can really say is to educate yourself. You seem to not be hearing what everyone is saying. Basically this type (yes generalisation) of company makes their money at your expense. They have fees that may be obvious or may be...
  4. Bill.L

    Australian Investment Institute

    Hi MrMako, We have an IP in North Geelong, bought in 03. It needed massive repairs (had been vacant for 9 years but had had squatters in making a mess). The state of the house was reflected in the price we paid. It was not a negotiated price, but one based on an independant valuation, for...
  5. Bill.L

    Australian Investment Institute

    Mrmako, I'll repeat, what makes you think brand new will make a better investment?? You become a skilled buyer by observing an area, looking at the properties there, getting to know what they sell for and rent for. It takes time, but there is no rush. If you put an offer on a property...
  6. Bill.L

    Australian Investment Institute

    Mrmako, They are only interested in selling you new, because that is what they make their commission off. Which part of this did you not understand??? bye
  7. Bill.L

    Australian Investment Institute

    mrmako, This thread and others like it explain it all. There is no rush, you have time to educate yourself without paying the middle man, because that is what you do with these types of companies. They cannot give you any evidence that a brand new house in Derrimut will have good cap...
  8. Bill.L

    Australian Investment Institute

    Sre67076...who cares, What a ramp for your first post. Give some details of how they have 'helped' you. How much did it cost you?? Have your investments had a positive return in that short time?? Ummm money?? Do you work for the company or have any type of financial interest in this...
  9. Bill.L

    Australian Investment Institute

    JOJO, I'm annoyed, Why did you bother to ask for anyones opinion if you were going to completely ignore it, and go with the smooth sales pitch anyway???? Within a half an hour of your original question, you were told to not only RUN AWAY but SPRINT. They are not going to disappear...
  10. Bill.L

    Australian Investment Institute

    Hi Twitch, Earlier in the thread, I used the 'run' word.... after a bit of research, I changed it to..... SPRINT But some just don't want to learn. I mean that nice knowledgeable expert/salesman in the modern expensive looking office, who is so friendly and sophisticated, would look...
  11. Bill.L

    Australian Investment Institute

    Hi dmac 25, Simply put, you can do better and cheaper for any and every deal that this type of company could come up with. By doing your own research on an area, your own negotiating on price, (it is a buyers market), and searching for your own finance, by using mortgage brokers etc, the...
  12. Bill.L

    Australian Investment Institute

    Hi, The 'International Academy of Institutional Investment' ??:p bye
  13. Bill.L

    Australian Investment Institute

    Hi, Ya think?? bye
  14. Bill.L

    Australian Investment Institute

    Hi all, Rolf, The part that really threw me about them was where they called their "mentor" for the new investor as................ ONE year!!!!!!! That makes them an expert!!! I assume you have not been to their web site to read, and I understand where you are coming from with your...
  15. Bill.L

    Australian Investment Institute

    sprint!!!!!
  16. Bill.L

    Australian Investment Institute

    Hi JOJO, On their web site is the following.... Our vision is purely focused on member’s success, providing the guidance, products, services and support needed for this success; I added the highlighted bits.:rolleyes: They wish to sell you something. I'm willing to bet they have a nice new...
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