Reviews for Patrick Liew/Marko/I Qudrant property investment masterclass?

Factory Price Appreciation Claim Analysis

I find Marko and Friends' claim of price appreciation for factories to be a flawed assumption, unsupported by historical data. Despite consulting various agents for investment advice, none, except for Marko, claims that there may be asignificant price appreciation for factories in the future.

Preview and Qualitative Data Comparison

Having attended their preview and compared it against qualitative data, the analysis is inconsistent based on hard facts and historical trends.

Bala's Curve and Property Depreciation

Referencing Bala's Curve (as discussed in the article 'What does Bala's Curve tell us about leasehold property value? - 99.co'), it is known that property prices generally depreciate over time, especially for factories with short leases.

Spread Awareness and Due Diligence Advocacy

This article aims to spread awareness and advocate due diligence. Such claims can potentially lead to financial ruin, especially for those over-leveraged, particularly with short leases.

High Rental Returns vs. Property Price Stability

While rental returns for factories may be high, such as 4% and above, if the property's price remains stagnant and is eroded by inflation, the effective rate of return/IRR may be negative, even assuming it remains flat. This is especially true when lending rates are also at 4%. What if the price dip?

Questions on Profitability and Logic

It raises questions about how students can profit logically unless property prices increase. I welcome any counterarguments.

Market Control Concerns

I came across a forum suggesting that students are 'forced' to go through Marco and Friends before purchasing any properties, and they seemingly operate in groups. This raises concerns about whether they control the prices, potentially leading past students to offload cheaper properties they purchased. Just a hyphothesis and not meant to be an accussation, but why such control and not let market forces determine what the buy and sell price should be? It begs the question on whether the price bought by the students are controlled?

Business Model Sustainability

If this is their business model, it may work well as long as Marko and Friends are active. However, if they were to cease operations, can natural market forces sustain the current earnings of their students?

I know they have such concepts as deal maker, investor etc, which are nothing new in the business world. If I am an investor, I would expect my returns to be more than the risk free rate of financial instruments such as Tbill that offers close the 4%? So even if deal maker makes money off the investor, the whole business model MUST stand on its own legs, when the properties are sold off and everyone gets a share of the expected returns. Else one will be better off investing in REITS.

I can only conclude that the claims of good returns are only justified if there is capital appreciation for factories, but past data does not corroborate with the claims made by Marco

Market Highs Claim Evaluation

Claims of the market reaching higher than previous highs are uncharacteristic of Singaporean factories based on historical trends, which is a significant assertion for retail investors( Marko) who do not control the market.

References

(6) ...Who is this Marko & Friends adverts that keep appear in Youtube? | Page 2 | HardwareZone Forums

go do your own tabulation and conclusion

Analytics | edgeProp.sg

What does Bala's Curve tell us about leasehold property value? - 99.co

not sure whether the images are showing but here is the tabulation

year a1995

year b2024

pqsft a 363.00

ppqsft b 533.00

CAGR over the 29 years is only 1 %

Marko n Friends makes money through u guys being in the circle.

When you join their 3day course each course cost 8K x 50 particpants = 400K, Running it every other month is 4.8M.

Everytime u join them for updates course you are probably paying for 200-500 each time.. They also market affliate courses too, thats where they can generate additional revenue for their business.

Being in the community you are their ready pool of customers. They always ask if u want to be cash investors in their properties. Of course you need not invest with them.

Marko and Friends kakis passive income are from properties rented out. The intial amounts are all fund raised. They claim they have a lot of passive income but they have to return to the investors. Just one deal blown investors will get hit.

Its a good community if you want to take this as a career and do it for a living raising funds and doing it as a job.