BE CAREFUL OF "CASH DEALS"

This brief story of personal experience for anyone considering purchasing a property from IGrow Wealth Investments.

I made an investment property cash purchase in order to generate rental income. With additional benefits and discounts, they do actively advertise these "cash offers." It appears to be a really good deal at first, but there are a few things they don't tell you.

Ten months after the building project has been completed, a tenant has been found, a lease has been signed, a deposit has been received, etc. On my own property, which I paid cash for with the intention of earning rental income in the first place, I am still making "occupational interest," also known as "rent."

There is a clause in the documents/contract you sign that binds you legally to pay "rent" up until the property has been registered under your name. Even though I bought the property cash and being the owner, I've now paid rent on my own property for more than continuous 6 months.

Do be careful when choosing IGrow Wealth Investments as they have cost me more money than what was promised or marketed.

Regards