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We bought two properties through ParkTrent and neither have been stunning successes. In particular, the latest purchase, of an apartment in Silverwater Resort, VIC, that ParkTrent placed us onto – and they gained much commission from – has failed dismally. The guaranteed rental of over 6% is now less than 2% and falling !! ParkTrent have 'given up' in trying to get the additional rental from the resort management and no concern for the many investors who are now severly out of pocket on a monthly basis.
Overall, don't put all of your eggs in one basket – our DHA property has done much better than ParkTrent and no worries, wished we had bought another DHA property rather than listening to Ron Cross and his Park Trent company staff.
You need to make your own mind up, but I would advise to leave ParkTrent well alone.
Happy to discuss above with the moderator if these truthful comments are 'too risky' !!
Jimi
we are interested in UK investment property – preferably in the Buckinghamshire area. Can you please give us your direct email and I'll send our details thanks
Hi guys
We are very new to the IP game – have just bought our first and looking at our second now. Could someone please explain what is a ‘wrap’ or ‘wrapping’
Thanks
