No-go zone for serious investors

On 27 July SABC showed us how bad it is in the Berea district of Johannesburg. The area is rundown and plagued by drug dealing and prostitution, but the worst of all is the condition of the apartment blocks where up to five families live in one flat! One of the worst areas in that suburb is apparently, and hold on to your seat now; Prospect Rd and Fife Ave! Strange names for an area like this, or maybe not?

I looked at the website of a certain “property investment education” group who punted these areas heavily a few years ago. They even organised property safaris with busses and took prospective investors on guided marketing tours to these areas, but I see on their website they converted their advice and now they sell townhouses in Ferndale, Randburg. Great move guys! A few years ago these same guys bad mouthed me about my criticism on CBD areas and they said the TREOC Way is not sustainable, but now they shamelessly follow us. A strange world indeed!

It will be interesting to know how many of our readers followed the advice of these kinds of “property investment education” groups and bought flats in these nightmare areas. Write to me at coert@lightminded.com and let me know if you did, because I just might be able to help you to sort out the mess.

Remember, my name is Coert … I will help you!

Special price for Port Elizabeth seminar on the 4th of August!

All readers, members and prospective members in the Eastern Cape, please take note that we have a full day Financial Freedom Seminar and a Platinum function in the evening for Live Commodity Trading on 04 August 2010 in Port Elizabeth.

Book your seat now … or wait six months before I visit your city again! Yes, I visit PE only every six months and that is a long time to wait for this money making bus to come around again.

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July’s Financial Freedom Seminar and Cash & Wealth show in Somerset West were attended by nearly 150 people. It was a powerful show of loyalty and I want to thank each and all for the wonderful turn-out. .........................

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