Inside Track

The saturday telegraph, property section, has an article on these type of things. It might be available on line.

Out of curiosity, I went to the free one. Everyone tells you you can be a millionaire, what they forget to tell you is that you will end up owning a million pounds of highly leveraged property, probably bought above true market price. I would be happy with 100k of property if it brought me a good margin. they never talk about margins, just buying "cheap", and using puported increases in value to re-mortgage and buy more.

Highly dodgy in my view.

John

can I suggest you pop along to

I'm bl**dy suprised you're even considering an investment in property at the moment following 8 months of reported falls from *probably* the largest asset bubble the country has ever seen.

And here's the thread mentioned in the FAQs on seminars

Daytona

You mean they were talking a load of bull?

Not sure if you're joking or not.....

Notwithstanding the fact that we are probably at a peak, they came up with good reasons to buy now..

E.g. the pension change next year will encourage lots more money into the market.

Still massive pent up demand, choosing not to buy right now.

Etc....

As you say, a load of bull