Daddy D
Alpha Male
For those who dunno... land-banking is about "investing" in plots of overseas raw lands... where u r promised high returns when the land is sold and developed...
My BIL bought some plot of Canadian lands... through "The Walton International Group" a couple of years back... was promised returns in 5 years time... but with 11.75% investment loan... after 9 years till date... he is still paying... DUH...
:err::err::err::err::err:
Dunno if he should continue paying this monthly loan... 5 years... 10 years?
Or cut his loss and terminate this... and lose all the $$$ invested for the past 9 years? About $40K.
Anyone has experience with this?
Some websites say it's a scam... some say it's not...
To me... it's just like MLM... either u're a firm believer or you're not...
if it's so easy to get rich... all no need to work liaooo
My BIL bought some plot of Canadian lands... through "The Walton International Group" a couple of years back... was promised returns in 5 years time... but with 11.75% investment loan... after 9 years till date... he is still paying... DUH...
:err::err::err::err::err:
Dunno if he should continue paying this monthly loan... 5 years... 10 years?
Or cut his loss and terminate this... and lose all the $$$ invested for the past 9 years? About $40K.
Anyone has experience with this?
Some websites say it's a scam... some say it's not...
To me... it's just like MLM... either u're a firm believer or you're not...
if it's so easy to get rich... all no need to work liaooo