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Adviseable how to spot property spruikers

In Times of Crisis …. How to spot spruikers, and avoid getting ripped off

We’ve all seen the ads on TV, the bold Newspaper promotions, the Facebook commercials with promises of the, ‘Incredible new opportunity’ and of returns and bargains that sound too good to be true. With so many of these messages bombarding us right now, how on earth are we supposed to spot property spruikers, and more importantly, work out what is the investment opportunity for us, and is now the right time? There is no shortage of unscrupulous spruikers, dodgy developers and opportunistic business people trying to sell you property in this country Have no doubt there are many dodgy businesses …

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Adviseable against property spruikers

Regulators target spruikers pushing investors into risky SMSF structures

We have written before about the fact that some parts of the property industry are not closely regulated – and unregulated property investment advice, from unqualified, sales focused ‘spruikers’ represents a significant risk for vulnerable investors looking to invest into Property via a Self-Managed Super Fund (SMSF) The growing popularity of using an SMSF to borrow and use to invest in Property is being watched carefully by ASIC and the ATO – but there are still many property spruikers who encourage unwary investors to set up an SMSF and buy into a particular property scheme – which may be a …

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