Dwyer Property Investments (Bris - Sunshine Coast)

Discussion in 'Property Investment - Other' started by dressed4success, 21st Jun, 2015.

  1. dressed4success

    dressed4success dressed4success

    Joined:
    14th Jun, 2015
    Messages:
    2
    Location:
    Sunshine Coast, Qld
    Hi all,

    Wondering if anyone has bought an IP through Dwyer Investment Properties.

    They are builders of SE Qld offering IP purchase with a 3 year rental guarantee, no fees, no risk of vacancies etc.

    I'm just interested to know if anyone has had or heard of any dealings with them and if it's a good 'deal' or not.

    Thanks in advance, Sara.
     
  2. CosmicTrevor

    CosmicTrevor Member

    Joined:
    15th Nov, 2014
    Messages:
    73
    Location:
    Sydney, NSW
    Ignoring Dwyer as I don't know anything about them.

    Rental guarantees are a big warning sign. They aren't real - they are priced into the sale price.

    Three years is a long time, it would be interesting to see who is actually backing the guarantee. Might just be a $2 company that folds as soon as there is a sign of trouble - just sayin.

    Good properties don't need a guarantee.

    Unless you plan to sell within 3 years, you still have a risk of vacancy after that period.

    Walk away in my view