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In the FM Cover Story was The New Paradigm the Treoc Way is Down.
You can read it here: THE "NEW PARADIGM" The Treoc Way is down [had to remove the link because FM removed the article].
My only question is: why did it take so long for people like Ian Fife to voice this? Treoc has been around for a very long time and Robert Kiyosaki in one of his visits to SA told Coert Coetzee the system is doomed to fail (because of the large shotfalls etc.)
At any rate, I hope investors that burnt their fingers in this learnt a few lessons and will carry on building property portfolio in a sustainable way and those that didn't invest yet, have tons of lessons to learn from the past several years to ensure they don't make the same mistakes as others did.
There is nothing for free out there, not even property to buy for free, no matter how many claims and systems some gurus sell to the public. In my opinion any person that wants to invest in property should invest first in themselves and learn about this asset class and learn financial management before they even consider putting an offer to purchase.
Either way, property is still one of the best asset classes to invest in, given you know what you are doing and you learn first and act only after you know what you are doing.
You may also want to read
How to Identify Fake Property Gurus .
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