A Guaranteed 10% annual return for 3 years

Stewart


Joined: 19/07/2008
Posts: 1107

Message Posted:
28/02/2009 14:35

Hi, any interested investors....I have 3 bed apartments close to Lapta that I can guarantee a 10% return over 3 years....if any serious investor may be interested please contact me via stua@fsmail.net subject: NC



( I am offering this first, to Forum members....only 4 available )

Chicken Run


Joined: 11/10/2008
Posts: 252

Message Posted:
28/02/2009 15:13

is that 10% over 3 years (like you put) or 10% per annum for 3 years.



If it's 10% over 3 years then that's crap!!

Stewart


Joined: 19/07/2008
Posts: 1107

Message Posted:
28/02/2009 15:16

Sorry Chicken run...I should have made it much clearer..it is 10% guaranteed PER ANNUM



( I know 10% over 3 years is crap...I would not have offered it, it is too insulting )

negativenick


Joined: 10/11/2008
Posts: 6023

Message Posted:
28/02/2009 16:09

who's the GUARANTEE off ? - You ??



So what if you don't cough up, what would a potential investor do then ??



Wasn't there a guarantee that Hitler woundn't invade Poland ?



Exactly...





Nick

Stewart


Joined: 19/07/2008
Posts: 1107

Message Posted:
28/02/2009 17:13

Dear Very negative nick....the bank and solicitor would both guarantee....many thanks for your polite enquiry



As we are both retired, same age, both have property in Esentepe?, perhaps you would like to meet up and discuss face to face, any concerns you may have?

Blackpoolfan


Joined: 03/12/2008
Posts: 1568

Message Posted:
28/02/2009 17:15

Handbags at dawn are you selling tickets £10 says NN gets knocked out in the 1st round...............

rocky


Joined: 17/10/2007
Posts: 1749

Message Posted:
28/02/2009 17:33

I cannot see how a bank and a solicitor can give a guarantee e,g if they dont have themoney they cant pay remember if it sounds to good to be true it probably is. Anyway who would want a guarantee of a bank these days...If I had such a deal available I would not share it with anyone. Are you the stewart that was looking for a 3 bed apartment east of Girne just interested.

negativenick


Joined: 10/11/2008
Posts: 6023

Message Posted:
28/02/2009 17:42

exactly rocky !



Nothing is enforcable over here anyway....





nick

Stewart


Joined: 19/07/2008
Posts: 1107

Message Posted:
28/02/2009 19:15

Yes I am the same Stewart, I have someone who wants east Kyrenia.



Note: The money from the sale of the property will not be touched and will be held in trust untill the purchaser has recieved 3 years at 10% per annum.



Perhaps I should not have offered this to forum members first....was this my mistake?



Why are there so many knockers on this forum who do not seek facts or the truth?

rowlo



Joined: 12/10/2008
Posts: 4796

Message Posted:
28/02/2009 19:42

sorry ,but wouldnt you get more returns putting your money in the bank ? and the cash is always on hand ?

properperson


Joined: 15/03/2007
Posts: 35

Message Posted:
28/02/2009 21:01

nothing wrong with "knockers".

karakum5c



Joined: 18/03/2008
Posts: 1021

Message Posted:
28/02/2009 22:11

Hi my name is Idi Amin and i come from Uganda i have just won the Euro millions lottery draw last night but unfortunately due to lack of funds i am unable to fly to the UK to collect my winnings, the first person to send me $10,000 so i can collect my winnings, i promise to pay them £1,000,000 my account details are---LEHMAN BROS, U HAV BEN COND, GTF, SAD FKRS, 668866, LOSRS 10000.

rowlo



Joined: 12/10/2008
Posts: 4796

Message Posted:
28/02/2009 22:21

exactly karakum , ps ive deposited said amount into your bank, look forward to my rewards < please hurry im skint now??

Hector


Joined: 26/08/2008
Posts: 2352

Message Posted:
28/02/2009 22:24

Do I detect that amongst the forum members, there is the merest hint of a certain lack of, shall we say, credibility to this scheme?

kenny



Joined: 26/05/2008
Posts: 405

Message Posted:
28/02/2009 22:37

think you might be on the right trail their Hector !

Turtle


Joined: 28/05/2007
Posts: 2669

Message Posted:
28/02/2009 22:50

10% of what Stewart ?

Hector


Joined: 26/08/2008
Posts: 2352

Message Posted:
28/02/2009 23:04

Didn't builders offer such a scheme on new builds at one time? I'm sure a forum member explained how they did it. They were able to do so by upping the asking price enough to cover the 'guaranteed' rental income. Did anyone ever actually get the promised money from the builder if they didn't manage to get the income?

fire starter


Joined: 19/06/2008
Posts: 3401

Message Posted:
01/03/2009 10:12

how could you guarentee this for three years .

maybe it will have to be returned to the gc owner before then.

Stewart


Joined: 19/07/2008
Posts: 1107

Message Posted:
01/03/2009 15:24

Dear Turtle......It would be 10% annual income of the purchase price ie if the selling price is 65k.....annual income would be 6.5k



Both the property and money would be held in the purchasers / my name ( albeit in a trust ) for the 3 years untill the income had been recieved.



All my property I sell, is paid for...I can afford to tie up my money for the 3 years...



and of course, I will make money from it, without cheating anyone.

Stewart


Joined: 19/07/2008
Posts: 1107

Message Posted:
01/03/2009 15:32

Dear Rowlo.....If you had tried to pay me your money...you would know that I do not want it ( and cannot touch it )...it is to be paid directly to the solictor to set up a trust...interest would be paid out monthly for the 3 years.

spider


Joined: 03/01/2009
Posts: 5527

Message Posted:
01/03/2009 15:32

on the way things are going back home mate,i think an investment would be better,re,Rental income....bet the DHSS are paying for the so called better off,now with the loss of jobs etc,,we all need a Roof,and 4walls....













spider

ricky


Joined: 26/01/2009
Posts: 294

Message Posted:
01/03/2009 16:17

Ok thanks Madoff!

kibsolar


Joined: 14/09/2008
Posts: 552

Message Posted:
01/03/2009 16:44

someone invests ?? k to buy a property in anywhere. money and property will be held by the purchaser and the seller, controlled by a fund which is under control of a solicitor until 3x 10% is payed and then transferred to the purchaser. correct?

i would say that either the property is too expensive or the seller really wants to get rid of it.

sell a 50 K property for 65 k, get 3500 normal interest rates, pay 3 times 3000 from my own pocket (or get it financed, the trusts money as a cash !! security) and still a profit of extra 6000 is achieved. Hector seems to be right as no answers are given to him.

The alternative for keen investors:

pay me 4000-4500 for a solar pool pump system, no trust or solicitor needed, and you save guaranteed 600-800 per year on electricity. thats 15%, for 15 plus years.

PIPIE


Joined: 05/01/2008
Posts: 5499

Message Posted:
02/03/2009 11:45

good post kibsolar !!!!!!

LondonCypriot


Joined: 15/12/2008
Posts: 426

Message Posted:
02/03/2009 12:41

The global property market is a slump now. No one seems to want to give credit. You have to be careful what you are signing and how easy is it in the TRNC to evict a bad tenant.