It was our first investments and as a university graduate I assumed that when an agency advertises professional service and features in key Australian property magazines that there was credibility of advise. We have subsequently undertaken our own research to purchase IPs.

Many options have been undertaken to manage the situation but…[Read more]

We are desperate to sell as we cannot sustain the stress anymore

It is now 8 years since we purchased from Rocket Property Group.

One house and land package at Gracemere, Rockhampton purchase price $375,000 plus holding costs to today. Depreciation limited now, sales in area appear to be in the $290,000 to $320,00 price range. All air conditioning units already packed in and need to be replaced.

One…[Read more]

Our outcome 8-9 years after purchasing – we were advised to set and forget and wait but we cannot ‘set and forget’ with maintenance costs increasing with the properties being older, holding costs reducing with limited depreciation left and significant negative equity.

We took the expert advise of Rocket Property Group and purchased a house…[Read more]

Our outcome 8-9 years after purchasing – we were advised to set and forget and wait but we cannot ‘set and forget’ with maintenance costs increasing with the properties being older, holding costs reducing with limited depreciation left and significant negative equity.

We took the ‘expert’ advise of Rocket Property Group and…[Read more]

We can concur of the same experience with Rocket Property Group that has left us hundreds of thousands of dollars worse off (loss from funds taken from PPOR equity through Rocket advice). Like yourself we were advised to purchase at Gracemere using their recommended builder (quality cited) even before the market was saturated…[Read more]