WHISTLEBLOWER EXPLAINS: How Aussies are Losing Millions to Property Scams
Don't trust these people! ❌
Yes, unfortunately it is true. There are scammers and unethical people working in the real estate industry.
There is a swarm of so called “property experts” out there who take people for a ride and rip them off. Reality is these so called “property experts” are manipulators and have a hidden agenda – to earn more money.
Purchasing an investment property is the most expensive purchase most Australians will ever make and a daunting one. The last thing you want is to be scammed by someone and have your hard-earned money go down the drain.
It can be difficult to identify the scams because the people involved in these scams often employ sophisticated tactics. It is easy to believe and trust them, simply because they are so well spoken and confident.
Azeem Rahman, who has bought property through Buyers Agents, as well as through my Property Investment Accelerator Course (which have performed far better), shares nine signs of a property investment scam.
Discussion Points:
00:00: Introduction
03:55: Why risk exposing the hard truths
06:29: Watch out for “live webinars”
14:00: Guaranteed rent? Don’t fall for it!
16:38: Be skeptical of some online courses
23:40: Sponsored trips to the property location
27:21 New properties ONLY
31:28: Discouraging independent research
36:45: Claiming they have “exclusive” access
39:08: The issue with offering end-to-end services
1:00:55: Conclusion
About The Host:
Subscribe to Aus Property Mastery with PK for no BS, “straight to the point” property investing strategies and data-driven insights about the Australian housing market - the only property podcast not biased by a “Buyers Agent”. You can listen to Aus Property Mastery on Apple Podcasts, Spotify & YouTube Music.
PK Gupta is the founder of the Property Investment Accelerator — Australia's #1 Rated And ONLY 100% Independent Real Estate Course & Mentorship Program that helps people achieve passive income through property investing using DATA, WITHOUT wasting months doing "research", spending weekends at inspections OR dropping $10-20k on Buyers Agents each time.
Resources:
Disclaimer: No Legal, Financial & Taxation Advice
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