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Using a Property Company to Source Property Deals? Ask Them If They Have an Open Forum Where You Can Assess Past Investors Experience

If you are investing through a property company or other third party who sources deals, why not ask if they have an open internet forum where past investors / members can freely post comments - and which you can read up on before deciding to invest.
One company, www.propertysecrets.net whom I write for quite a bit (on UK matters) has such an open forum.
Right now they are getting a fair mix of positive and negative comments on that forum in relation to one or two of their overseas property deals.
But that's what comes with having an open forum - and I admire Property Secrets and their boss Neil Lewis for having the balls to have one. It's a credit to them.
Most property companies do not have one, so the would be investor has no way of knowing what other investors experience has been - apart from looking them up on the net to see if any negative press exists. And for some of the big property companies, there is a lot of negative press in the press and out there on the net - believe you me.
Please let me know if you know of any other companies that have an open forum for members -and we can post them up here. email david@lettingfocus.com
Copyright: David Lawrenson 2007. Back to main site: www.lettingfocus.com