DONT GO NEAR IT MATE NOT WORTH THE RISK IF ONLY £1000 YOU BETTER OFF IN BANK,
I literally just Google this...not a good idea hun
I think it's a great idea! It allows people to venture a small amount of money that they can in fact afford to lose, get a decent return (presumably you can invest more) as the business model is sound. The company obviously rents the property out and all the investors get an annual return, then once the property has had a proper chance to increase in value, it is then sold, and each investor gets a percentage return. Sounds good to me.
BLOODY HELL DO YOU WORK FOR THEM OR SUMTHING
No I am just an interested party.
I'm not sure cos it looks quite a good idea
If it worked I think we'd have all heard of it before!
Not telling you what to do or anything, but I would definitely be careful
I am quite sure that anyone investing any amount of money would do their research beforehand, although I can't see anything wrong with this idea.
thanks everyone, ill do some more research I think
I had completely forgotten about this conversation and I am intregued to know: please tell us TA_Matilde, did you invest?
Haha Hi TJm! No I didn't in the end I erred on the side of caution and decided to save my money as I don't have very much of it so I didn't want to lose it.
This is the thing with all this You have to be able to afford to lose the money you invest especially for higher returns.
This is what I was worried about in this case because as I see it on the face of it, it is crowdfunding. I am highly suspicious of crowdfunding.
Hummmm I think it can be a good idea for established investors who are actuavely looking for something to invest in, and want to diversify but you have to be very aware when it comes to crowdfunding schemes as there are millions of people out there ready to scam you.