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Feroz Basha - Nightmare story of a joint venture, developing property and builders going bust!
Manage episode 384900871 series 3517002
Ricky Forte द्वारा प्रदान की गई सामग्री. एपिसोड, ग्राफिक्स और पॉडकास्ट विवरण सहित सभी पॉडकास्ट सामग्री Ricky Forte या उनके पॉडकास्ट प्लेटफ़ॉर्म पार्टनर द्वारा सीधे अपलोड और प्रदान की जाती है। यदि आपको लगता है कि कोई आपकी अनुमति के बिना आपके कॉपीराइट किए गए कार्य का उपयोग कर रहा है, तो आप यहां बताई गई प्रक्रिया का पालन कर सकते हैं https://hi.player.fm/legal।
In this episode of Real Estate One Ohhh One, a past client of Geelong Real Estate Co., Feroz Basha, a part-time stand up comedian shares his horror story of what should have been a simple and profitable joint venture between friends.
Listen in as Feroz relives the painful story of how he and a syndicate of 5 friends were taken advantage of by what was essentially a scam that sold them a developer turn-key project, expected to return a 20% margin over 12 months, turned out to be a loss over 4 years.
Great insights of what he'd recommend people do differently and what to look out for.
Feroz is a generous man with a cautionary tale. Keen to hear your thoughts.
Get in touch with Ricky and the team here: www.geelongrealestate.co
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