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From: Mike .
The Investors Club
From: Jason
Date: 05 Dec 2000
Time: 21:34:41
Hey everyone,
I've only come across this forum in the last couple of days and I must say what a brilliant idea!
It's great to hear from "normal" investors who haven't got a vested interest in pushing properties.
Anyway, I would like to share a small portion of the dramas I had in my dealings with the so-called self help group - "The Investors Club". I signed an expression of interest on a unit for $150,222 (not negotiable) with the investors club on a Sunday afternoon last year. On the following Monday morning I phoned a real estate agent in the area of the IP and asked what units they had for sale. In a matter of 5 mins I had a fax stating the EXACT same property for $145,000. I ended up buying through the real estate agent for $142,000.
I told the Investors Club what I thought of their great discount to members and never thought I would hear anything about them again. That was until I saw Lisson Pty Ltd on my solicitors settlement sheet. Lisson had received $11,000 from the sale of the property. I thought this was great coming from a self help group. I'm now getting mail from an Australian Negotiators Group that looks very familiar. If anyone knows what they are peddling could you please let me know.
It would be great to get feedback on anyone who has had dealings with "The Investors Club" and has had the same problems as myself.
Cheers, Jason
The Investors Club
From: Jason
Date: 05 Dec 2000
Time: 21:34:41
Hey everyone,
I've only come across this forum in the last couple of days and I must say what a brilliant idea!
It's great to hear from "normal" investors who haven't got a vested interest in pushing properties.
Anyway, I would like to share a small portion of the dramas I had in my dealings with the so-called self help group - "The Investors Club". I signed an expression of interest on a unit for $150,222 (not negotiable) with the investors club on a Sunday afternoon last year. On the following Monday morning I phoned a real estate agent in the area of the IP and asked what units they had for sale. In a matter of 5 mins I had a fax stating the EXACT same property for $145,000. I ended up buying through the real estate agent for $142,000.
I told the Investors Club what I thought of their great discount to members and never thought I would hear anything about them again. That was until I saw Lisson Pty Ltd on my solicitors settlement sheet. Lisson had received $11,000 from the sale of the property. I thought this was great coming from a self help group. I'm now getting mail from an Australian Negotiators Group that looks very familiar. If anyone knows what they are peddling could you please let me know.
It would be great to get feedback on anyone who has had dealings with "The Investors Club" and has had the same problems as myself.
Cheers, Jason
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