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So you have 37 properties....why the the thin skin?? Have not abused you...I just felt very strongly about what I see as exploitation. Personally, I think you are leaving yourself open to a legal situation.....but hey it is your call. If you have 37 properties with positive CF then...you...

So you have 37 properties....why the the thin skin?? Have not abused you...I just felt very strongly about what I see as exploitation. Personally, I think you are leaving yourself open to a legal situation.....but hey it is your call. If you have 37 properties with positive CF then...you...

Actually...it did a lot of good because the CBA has decided to settle out of court for a lot of these people. The negative publicity for CBA and a class action cost in the end turned the hand of old Ralph Norris.....of these w&8kers...err bankers did the right thing in the end did they not??:p

...what is the probability that Canada will have a similar protection for contracts?? In the case of Australia it is a clear case of be careful who you enter into contracts with. Given that civil cases are based on the "balance of probabilities"....and not "beyond a reasonable doubt" in...

Okay....let an idiot ask the question....do you GUARANTEE to do this in your contract or is that just a verbal promise???;)

Andy This sort of deals are okay if the person involved in not in duress.. But having some of these deals done in OZ....the premise of these are usually done with a very vulnerable party. The deals being done here are with the elderly and typically this segment is the most vulvernable in our...

Hmmm....ignorance eh??? I believe you have said that there are no takers to your deals....should that not indicate something? Surely....there are other deals you could pursue? Also where in this forum has someone said you are a criminal....it was only your ethics that was questioned...

Good to know you are not prepared to do these deals.... I think we need to agree to disagree....somethings in life are non-negotiable to my way of life. ;)

Alex Lee....are you serious?? I invest in lower income property....last i looked most of the best bargains I have picked up are from large govt agencies or investors who overleveraged...mostly due to their lack of control..... You are raising a philosophical and non practical argument...

Illegal no......morally...ethically...I can clearly say that it is disgraceful. Preying on the most vulnerable in society is disgraceful. Kathryn also needs to be careful that the relies don't challenge her on the person dying. I could never do one of these deals...it is bad karma and may...