I work out in Strathmore maybe two times a month with work and that place is great. Friendly people, easy access to everything. It is going to be the place to be for folks who want to get out of Calgary as it grows.
Banned
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How did this end up working out for you guys who invested? I considered this but then decided not too. Now I'm thinking about a similar investment opportunity but I'm curious for some feedback on how this one worked out for people.
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Pretty sure max_boost said somewhere that he still hasn't seen his money back... Can't find the thread thoughOriginally posted by roopi
How did this end up working out for you guys who invested? I considered this but then decided not too. Now I'm thinking about a similar investment opportunity but I'm curious for some feedback on how this one worked out for people.
Originally posted by max_boost
Hey baller, any problem money can solve is no problem at all. Don't sweat it.
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no initial investment nor any interest paid if i recall. postponed/rolled over?
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There is a brand new development that just broke ground on the eastern edge of town
This is the first new project given the green light since Strathmore got on City water in 2010 ish.
The old water system could not handle any new development or growth, so many projects were shelved untill the new water system was in full swing.
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Last edited by Cos; 12-28-2016 at 10:21 PM.
Originally posted by adam c
Line goes up, line goes down, line does squiggly things and fucks Alberta"The stone age didn't end because we ran out of stones"
Beyond Bully
Nope. Nothing yet for the Wild Flower Ranch project but homie ZorroAMG has assured me, it's all good. lol I hope so!
Anyway, I actually haven't driven by that project but AFAIK it's there for sure. But long story short, I guess people aren't moving to Strathmore? People aren't buying that development?
Anyway, my initial investment was $10K.
8% bond/5years. So I've paid taxes on that $800/year T5 but without actually seeing any money in my pocket.
At the time, I was told my $10K ------ > $23K at the end of 5 years if things went well.
At this point, I be happy with my $10K back. haha
http://www.wildflowerranch.ca/
Damn 5 years goes by fast!
Last edited by max_boost; 12-03-2013 at 07:01 PM.
I am user #49Originally posted by rage2
Shit, there's only 49 users here, I doubt we'll even break 100
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Last edited by Cos; 12-28-2016 at 10:21 PM.
Originally posted by adam c
Line goes up, line goes down, line does squiggly things and fucks Alberta"The stone age didn't end because we ran out of stones"
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...
Last edited by Sugarphreak; 07-22-2019 at 01:22 PM.
Banned
lol... wow.
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So since you are paying taxes you are receiving the interest payments? I'm a little confused. If you aren't receiving payments why would you be paying taxes?Originally posted by max_boost
Nope. Nothing yet for the Wild Flower Ranch project but homie ZorroAMG has assured me, it's all good. lol I hope so!
Anyway, I actually haven't driven by that project but AFAIK it's there for sure. But long story short, I guess people aren't moving to Strathmore? People aren't buying that development?
Anyway, my initial investment was $10K.
8% bond/5years. So I've paid taxes on that $800/year T5 but without actually seeing any money in my pocket.
At the time, I was told my $10K ------ > $23K at the end of 5 years if things went well.
At this point, I be happy with my $10K back. haha
http://www.wildflowerranch.ca/
Damn 5 years goes by fast!
Wannabe Banned User
Fishy as hell
Beyond Bully
Haha I dunno Roopi.
No money paid out. But definitely declared $800/year in investment income.
As of right now I believe I am owed $10k. Plus 4000 in interest. That $14k is being converted to trust units. Whatever that means lol hope for the best haha
I am user #49Originally posted by rage2
Shit, there's only 49 users here, I doubt we'll even break 100
Wannabe Banned User
If you go back and read the thread again it sounded like a snake oil sales pitch right from the start. Questions asked but lots of run around answers. Only reason a conventional bank wasn't used is because banks have all the resources to do the due diligence properly....guess what that means. Real estate syndication is the biggest scam out there. Look at Concrete, Platinum, Harvest and all the rest. Same shit different pile.
Beyond Bully
Lol yea doesn't look good G. Hahaha just finished reading it lol
At least Calgary real estate prices haven't disappointed
I am user #49Originally posted by rage2
Shit, there's only 49 users here, I doubt we'll even break 100
Wannabe Banned User
Exactly you could've used that money on another rental and made a crap load more. But you choose this because you thought it will be a sure win with your homie. But there is a Chinese proverb only eat those you know.
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Originally posted by G
But there is a Chinese proverb only eat those you know.
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I would be breaking kneecaps if I was in max_boost's position. You got scammed hard for sure and I bet the salesman is just laughing away in his Mercedes and 500k home bought with scammed $$. No better than someone mugging you on the street.
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Originally posted by max_boost
At the time, I was told my $10K ------ > $23K at the end of 5 years if things went well.Originally posted by ZorroAMG
Total return is conservatively projected at 27%/yr or it's also broken down as follows:
$10,010 investment will net you $23,758 total, including initial investment. This is a %137 ROI over 5yrs including the 8%/yr returning bond. Again, an annual rate of return of 27%
If you have a 27%/year guaranteed investment opportunity, you don't need to go looking for $10k investments on a car forum
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what ever happened to ZorroAMG ... he hasn't posted in almost a year
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