Hi,
The title of this thread was inspired by a recent thread started by Sunstone called Surrounding yourself with like minded people
The theme of that particular thread was "Do you consciously concentrate on surrounding yourself with positive likeminded people and avoid being with "gunnas" or negative mindsets?" While there were many interesting contributions, based on a few comments, Jakk's first post was the standout. So I hope Jakk can do a sequel for this thread.
It's one thing to share knowledge and experience with like-minded people but would you joint venture with, buy property from, or use their services if your money was involved? Caveat Emptor has been around for sometime now but I have no idea whether anyone has actually become involved with any of the deals presented there. I certainly haven't although some deals have looked interesting. My fear is getting involved with someone I know little about and trusting them to act honestly and ethically to get the deal done.
My question is "How important is the honesty and credibility of the person posting the deal? Is it something to consider or is it only the deal that matters? If the deal stacks up does it matter who is presenting the deal? What happens if you learn the deal was posted by Peter Foster, for example? Would it matter that Peter Foster was jailed for fraud? It is claimed that Peter Foster is a smooth-talking "charmer" (ask Cherie Blair). Foster says that he had never made any attempt to hide his criminal past. "I have never hidden my past from anybody. I have paid my dues and moved on, learning from my past mistakes." Despite his apparent honesty does that alter the fact that he has a tendancy toward conning people? Would you do business with Peter Foster if he was a like-minded property investor like yourself?
Regards, Mike
PS I have included a poll with this post.
The title of this thread was inspired by a recent thread started by Sunstone called Surrounding yourself with like minded people
The theme of that particular thread was "Do you consciously concentrate on surrounding yourself with positive likeminded people and avoid being with "gunnas" or negative mindsets?" While there were many interesting contributions, based on a few comments, Jakk's first post was the standout. So I hope Jakk can do a sequel for this thread.
It's one thing to share knowledge and experience with like-minded people but would you joint venture with, buy property from, or use their services if your money was involved? Caveat Emptor has been around for sometime now but I have no idea whether anyone has actually become involved with any of the deals presented there. I certainly haven't although some deals have looked interesting. My fear is getting involved with someone I know little about and trusting them to act honestly and ethically to get the deal done.
My question is "How important is the honesty and credibility of the person posting the deal? Is it something to consider or is it only the deal that matters? If the deal stacks up does it matter who is presenting the deal? What happens if you learn the deal was posted by Peter Foster, for example? Would it matter that Peter Foster was jailed for fraud? It is claimed that Peter Foster is a smooth-talking "charmer" (ask Cherie Blair). Foster says that he had never made any attempt to hide his criminal past. "I have never hidden my past from anybody. I have paid my dues and moved on, learning from my past mistakes." Despite his apparent honesty does that alter the fact that he has a tendancy toward conning people? Would you do business with Peter Foster if he was a like-minded property investor like yourself?
Regards, Mike
PS I have included a poll with this post.
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