T O P

Property investment services - Caifu Property

Property investment services - Caifu Property

Appropriate_Ad7858

" end to end service" This is generally a huge red flag.


howza277

Cheers for the reply, could you elaborate?


Appropriate_Ad7858

In the past , one stop shops have herded people towards new builds, whether it be apartments of houses, dangling the prospects of big depreciation reports to help with the "negative gearing' . They hide/obfuscate the actual cost of the property and add a lot of fat on each step of the end to end service. People have ended up paying a lot more for generic properties with little intrinsic scarcity for the sole purpose of padding developers and their bretheren with much higher margins than would otherwise be achieved.


Costcowarrior

My understanding of Caifu is that they are two-trick ponies who will generally shepherd people towards new developments or spruik the cashflow benefits of duplexes. As others have said, if they are an end-to-end service, then one wonders what relationships they have with the developers. In the long run, you would almost certainly be better off selecting an older property with development potential as close to a capital city as you can afford on as large a block as you can afford.


howza277

Thanks mate, definitely overlooked the two way nature of their relationship with developers. Their focus is very much on cookie cutter houses in new lego land subdivisions…


Zokilala

It’s not hard to find a property of your own. These kind of companies get substantial kick backs from property developers and you will pay more than market value.