Investor Clubs

A

Anonymous

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From: Anonymous


Just been checking the archives re: Investor Clubs.
Anyone ever done business with, or bought a property from, Custodian / John Fitzgerald? Any comments good or bad?
 
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Reply: 1
From: Alan Hill


One comment I heard from a potential investor was that they 'assumed' that Custodian provided a general property investment service and were therefore relatively 'impartial'.

Unless things have changed, my understanding is that Custodian is still the marketing arm of JFK and therefore their 'impartiality' may not necessarily be a high point. They buy land, build and sell their stuff. Mainly in Queensland I think. Doesn't necessarily mean their stuff isn't any good and they don't provide a good service but you should definitely do all your own independent checks along the way(as you always should!). If they say they'll build a house to a certain layout, make sure it's all in writing and locked down. If for example, they say they'll only sell to a certain percentage of owner occupiers, make sure you have it in writing etc etc.

Personally, I've heard some good and some so-so things about Custodian. Having never personally dealt with them I can't comment from personal experience and as 'Property Investigator' will tell you, care must be taken in a Forum such as this with providing specific comment.

Might I suggest if you post with an e-mail address next time you may get e-mail from individual experiences.



:)
 
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Guest
Reply: 1.1
From: Andrew _


Be very very careful before dealing with this company...

-----Original Message-----
From: propertyforum Listmanager
[mailto:listmanager@bne003w.webcentral.com.au]
Sent: None
To: Recipients of 'propertyforum' suppressed
Subject: Investor Clubs


From: "Alan Hill" <alanhill@ozemail.com.au>

One comment I heard from a potential investor was that they 'assumed' that
Custodian provided a general property investment service and were therefore
relatively 'impartial'.

Unless things have changed, my understanding is that Custodian is still the
marketing arm of JFK and therefore their 'impartiality' may not necessarily
be a high point. They buy land, build and sell their stuff. Mainly in
Queensland I think. Doesn't necessarily mean their stuff isn't any good and
they don't provide a good service but you should definitely do all your own
independent checks along the way(as you always should!). If they say they'll
build a house to a certain layout, make sure it's all in writing and locked
down. If for example, they say they'll only sell to a certain percentage of
owner occupiers, make sure you have it in writing etc etc.

Personally, I've heard some good and some so-so things about Custodian.
Having never personally dealt with them I can't comment from personal
experience and as 'Property Investigator' will tell you, care must be taken
in a Forum such as this with providing specific comment.

Might I suggest if you post with an e-mail address next time you may get
e-mail from individual experiences.



:)



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A

Anonymous

Guest
Reply by e-mail

Reply: 1.1.1
From: Anonymous


Hi Andrew,

To make your posts easier to read would you kindly block delete the other persons post which is tagged on when replying by e-mail.

Thanks
 
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