Very interesting and helpful article - I'm also a Majolikova purchaser. Nick commented 'agent was also a lawyer who not only handle the sale but also the contract and legal issues'. Nick are you willing to say which local agent you used in Warsaw ? thanks, James

James I would be very happy to recommend her but PS Forum rules prevent me from passing on her name. If PS would give you my email address I would be gladly give you the info that way (PS, I consent to my email address being passed to James on request). Nick

Its good that Majolikova investers have a reasonable exit path if they wish to sell. However, I don't think you could descripe fliping as a viable strategy. The scale of the fees involved in purcase and resale mean it only works if you catch a real surge in prices and relying on that makes it a gamble rather than a strategy. Regards Alan

Hi Alan You're dead right! As the article says, and PS has always made clear, we don't regard flipping as a strategy at all, ie, it's not something you should buy with the intention of doing and rely on being able to do it. That IS risky. But, if an opportunity presents itself, the numbers work, and you need an exit strategy, as in this case....why not? Cheers

James You contacted me via email re above. My reply to you has been bounced twice by your yahoo address. If you can contact me with a different address I'll try again. Nick