Trusting Blue Wealth property was the worst financial decision I have ever made and it has derailed my property portfolio.
Like many others who believed the BW “research” my property is worth significantly less now than when I paid for it.
They will block you for giving genuine feedback on facebook or twitter. Almost all of the “excellent” review scores here are NOT from genuine clients. They are from friends, “partners”; (Mortgage brokers who also make money out of these deals) or people who are just reviewing a free event.
If you read the actual real reviews from people that purchased BW property you will get an idea of the real estate carnage Tony Hayek unleashed on the Australian public. It takes a special skill to loose money during an Australian boom and Tony did a remarkable job in highly recommending the worst performing cities and suburbs in Australia.
Please get in touch with me if you want to hear honest BW client feedback and get in touch if you have your own Blue Wealth disaster investment story to share.
Review by Whaseem Kardiasmenos10 months ago
Love the constant updates, the website and allocation of staff to guide you through the process.
I am super time poor and the updates really do give you peace of mind in knowing that there is support that will quickly highlight anything of importance that you may of missed. All contact and documentation has been very professional and high level. I am super excited to watch the progress
Review by Pallaerts1 year ago
I bought a property with Blue Wealth 5 years ago and now it is worth $110,000 less than what i paid. I can't sell it as it won't pay off the loan. I am getting $90 less rent a week than they estimated and have been told that if i loss my current tenant this may go down by a further $50! I don't know how they could get it so wrong being specialist?? I have heard similar stories from others as well. My purchase was in Brisbane, within a month of my apartment block being finished there was at least another 5 or 6 going up around it! Now I am stuck with an asset I can't sell, it is costing me money and it will take 10 years before it is back to what I paid for it!!
Review by VictoriaTactical1 year ago
When we bought an apartment in Brisbane three years ago through Blue Wealth, we were very excited about owning our first investment property. During the presentation we were told that Brisbane had hit it's low in the property market and it all looked positive for great returns in the years to come. Fast forward to 2018 and our property is now worth $100,000 less than what we bought it for, and it has cost us at least an additional $15,000 per year out of our own pockets to cover downward spiralling rents, increasing body corporate fees and other landlord costs. So much for their diligent research. Now Brisbane is an apartment nightmare with such substantial over supply that owners don't care what they have to sell them for just to get out of the market. Do not believe what they tell you!
Review by Yarple Derrow1 year ago
Easy process and very informative. Makes a usually stressful process easy.
Review by Jacinthe Wwootton1 year ago
Precise and to the point. No fluff spoken like some others.
Review by RodFern Drakousis1 year ago
Presentation was great but timing was not great as web screening the seminar was during our meal time with kids and was difficult to concentrate.
Review by Protect1 year ago
Great property showcase, well presented and well displayed.
If some examples of floor plans can be added in the future it will help.
Review by Zombicidal Yatt1 year ago
Great Team! Great Values! Speak to Bluewealth before you buy an investment property.
Review by Charlixx1 year ago
Brilliant presentation with great choice of investment opportunities.
Review by Vrnon1 year ago
Great event and the Doc was very on point and direct with the questions being answered that are usually asked.
All 3 developments looked like great products for clients to grow their wealth. If only I had an endless supply of money I would have picked one in each.
I would like to see some projections of how these developments help people retire or feedback from clients. For example testimonials and/or a track of their successes with Blue Wealth demonstrated somehow. Doesn't have to be the biggest and best client just someone that had started a while ago and is on the path. That would inspire people to believe they can do it to. Seeing the process through the client's eye of experience.
I'd also like to see an extension of the research that goes into the property selection. I am a stats man and a lot of people are, a wise man once said 'if you can't fault the numbers, you can't fault the assumptions'.
Being an executive financial adviser I am always comfortable to introduce people to Blue Wealth as I know their research diligence has helped many people. If you haven't used their services previously I advise you attend a one-on-one (they are free! AND provide great insight),where your personal position can be exampled and can further understand how easy it is to own one of these great properties.
Review by HazelMiller Reparo1 year ago
Key points were well displayed.
Review by Naweed BurdanDowney1 year ago
very well done.
Review by Morda1 year ago
Review by Kempo Lennaárd1 year ago
Their research model is sound and their client care and support is excellent. The properties they recommend usually seem a little on the pricey side for the given property type and the suburb, but only time will tell how this premium translates into capital growth performance. Overall the research and insights I get from Blue Wealth as a property investor helps me achieve my goals, and with their help the process of stepping into the daunting world of property investment has been very smooth sailing so far.
Review by Arking Butwin1 year ago
I loved the comprehensive, informal and interactive nature of the evening. I have already recommended others attend the next Blue Wealth event.
Review by Ivonna Mcswine1 year ago
professional evening with good factual coverage of properties and investment locations without any hard sell.
Review by Ietitaia1 year ago
The presentation has depth and visually pleasing. More importantly, it was most informative.
Review by Watisoni Holttum1 year ago
The seminar was good , but would like information around the state of markets nationally as well .
Review by Tracie1 year ago
Great support and leadership
Review by Miechelle1 year ago
I consider my self lucky, helped by my advanced years, not to fall by the moving spiel about poor migrant taxi driver saved by savvy son”
I read with interest all positive reviews written as consequence of attending spiel.
Well researched? My foot!
My companion to the “mesmerising” presentation by DOCTOR Hayek was so taken that he bought 5 apartments in Brisbane cbd as research by the erudite DOCTOR showed one would be a fool not to follow.
6 years later, my poor friend has not seen ANY capital growth, but a shrink in value as I write this in October 2017, and as tenants move out, increasingly difficult to obtain NEW tenants in an increasingly depressed rental market, having to lower rents!
Interesting: most of the 5 star reviews refer to the wonderful research presented at the lectures/ spiel. Not praising the investments made as result.
Doctor Hayek is such a polished performer it makes me wonder if related to that other accomplished actor Salma.
There is no way for punters to verify the worth of the research, trust your gut feeling better. You may do as well and save on their cut from developers.
Alternatively, you may wish to go ahead and contribute to the “migrant boy from Bankstown turn PHD” at your cost, and sell the story to “Neighbours” . We need diversity in Ramsay Street.
Review by Minaben1 year ago
Great service and information from a very well organised and genuine team. Highly recommend bluewealth. No hard sell. No hype. Thanks again Nick.
Review by Brilie Cotswolds1 year ago
This was the first time we have had contact with Blue Wealth. The presentation was engaging and educational and we will be seeking further contact in conjunction with advice from our finanacial adviser in the future.
Review by Jennifier Idonah1 year ago
Great party. Keep up the good work
Review by Setsu1 year ago
Always keeping me updated
Support goes beyond the exchange of contracts and right through to post settlement
Blue Wealth Property are a company I will continue to buy through.