From: "Logician"
Newsgroups: uk.finance
Subject: Re: Inside Track Property Seminar
Date: 12 Nov 2006 10:48:53 -0800
posting-account=dZjXdwwAAACxMHcND_UL1EMQ8L70aemv
Andy Pandy wrote:
> "Logician" wrote in message
> news:1163355188.227233.83430@k70g2000cwa.googlegroups.com...
> > The Guardian tells of how two people lost a lot of money using Inside
> > Track. I asked the man at the free seminar who made 30K in one week
> > from his bedsit (5 years ago) why not offer a money back guarantee is
> > the system really works. He said some people are too lazy to make the
> > system work, so the company will not guarantee a return.
>
> Yeah right. So why isn't he "making the system work" for himself instead of flogging
> it to others?
On that point, the funny example was the speaker who made a big point
of his high salary from Inside Track (to prove Inside Track works), but
he also made millions from off plan and other deals (to prove the
system works). The two points are contradictory. He said he quit his
director job in corporate London after seeing Inside Track, but then
started working for Inside Track!
Anyway, I am still interested. When solicitors charge 200 pounds/hour
it pays to know something. As an example of the high losses one can
have: I lost 2K on an attempted buy of a shop which fizzled into air
when the lender refused to lend (dry rot). The rot would cost 10K to
fix and also the 999 leasehold was loaded with high cost clauses which
already had cost the current occupant 60K in two years!
I had to write off 2K to experience.
>
> > It is definitely a hard sell. As a parallel I was once roped into a
> > disused shop in Oxford Street (years ago) and I saw a man make about
> > 300 pounds in 3 minutes. It was all tension building, and great deals -
> > not to be missed. He actually got people holding up and waving cash
> > whilst another man went round the room collecting the money waving in
> > the air. Some people were even jumping in excitement over the deal (a
> > pocket radio).
> >
> > I am interested in property investments but in property money can be
> > made and lost very quickly so it is a scary business. The big stories
> > like the Duke of Westminster started centuries ago, so the game is easy
> > for them.
>
> Also too many British people are stupid enough to believe the myth that "you can't go
> wrong with property".
>
> --
> Andy
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