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  1. MTR

    New Property Concept

    I think nothing will happen ..... its an absolute nonsense. Smoke and Mirrors
  2. MTR

    New Property Concept

    Peter this is a very good point and you are correct. I live in a desirable inner city area and the un-renovated period homes sell for much higher price pro rata than renovated. MTR
  3. MTR

    New Property Concept

    I would not compare this scenario with what B Gates etc have accomplished, I think we are talking chalk and cheese here. If there are investors interested in this product that is fine go for it, I am not. Do you seriously believe that anyone that owns $1.5M property would need/use this...
  4. MTR

    New Property Concept

    Hi China I do not see this as attractive, I see this as high risk and it is naïve to assume you will pay less for the renovation, more mouths to feed more fees involved. As mentioned the middle person has no expertise in this area.... does that not ring alarm bells, it does for me. Cheers, MTR
  5. MTR

    New Property Concept

    Hi RC Do you really think that anyone who owns property at this entry level ($1.5M+) would need/use this service? Do you really think they would want to give you a bite of the cherry, I seriously doubt it. Cheers, MTR
  6. MTR

    New Property Concept

    My first question would be - how can you possibly stay in business with this model, you are the bank, and dependent on sale of a property at the right price/values come in at the right price? That's why no one is doing this, it would be financial suicide. You have a couple of projects that...
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