Can't help, but did you see this piece? May be useful if not.
http://moneyweek.com/property-crowdf...ts-very-risky/
I'm considering putting some money into this after reading about it in the paper. It seems pretty good, but there are very few reviews on the web so if anyone has and first or second hand experience, I'd be grateful to hear from you.
Thanks
Andy
Wanted - Damasko DC57
Can't help, but did you see this piece? May be useful if not.
http://moneyweek.com/property-crowdf...ts-very-risky/
I cannot offer any experience in this field Andy but
I hope you do not mind me commenting.
The three main things that would make this a 'no-no' investment for me, individually and collectively are:-
1. High risk factors without clarity of investment profit potential. A salesman's 'word and enthusiasm' is entirely insufficient.
2. Operational and administrative costs determined entirely at the whim of the management company.
3. Almost total lack of investors operational control and no uncomplicated exit path.
Last edited by KavKav; 3rd March 2015 at 08:46.
Thanks gents.
Might be worth a small punt, but perhaps not a large one. I'll have a think.
Andy
Wanted - Damasko DC57