Signs of a property investing scam (Video) interview with Tim O’Dwyer lawyer: watch out for cold calls, seminars, ‘one stop shops’ (lawyer, financier, developer) and emotive buzz phrases like ‘wealth’, ‘wealth creation’, ‘plan your future’, ‘superannuation’ ‘SMSF’. Don’t sign anything.
Beware the New Breed of Property Experts by Michael Yardney
The dark side of property investing by Nila Sweeney – YIP
Spruiker witchery – Educators and Bad Financial Advice – Jeremy Sheppard, DSRData Debunking “6 Myths” suggested by others: Don’t wait till you’re ready; Interest rates aren’t low; You’ll never go bankrupt; Nobody’s trying to sell you anything; You can afford it” and see his various articles in Education on his DSRData site.
Property spruikers put on notice by states Amy Bainbridge – ABC
Wealth Seminars – Due Diligence Checks on Promoters by Real Estate Investment Australia
Dymphna Boholt gives undertakings after caught in examinations by regulator into property promotion investment schemes by Johnathan Chancellor – Property Observer
Corporate regulator ASIC warns that property spruikers are returning to the market by Peter Ryan – ABC
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