Real Estate / First time investor in Poland: Building site or apartment [16]

Seannie

I've just posted the same on a different question - it's not pushing someone cos I know him - but this guy is very good - made me a small fortune - he represents a number of Irish investors currently (indivduals and funds)- used to work for BZWBK which is owned by AIB - he is very well connected - and will be able to answer any queries - he is strong at "flipping" fast turnarounds - can help with tenants for long term/short term rent - can assist with the finance side but more importantly knows the market and whats available where and for how much - company is capital properties (warsaw based and mainly warsaw active) website is worldwideweb(dot)capitalproperties(dot)pl email is sd(at)capitalproperties(dot)pl

it can still be quite tough for foreigner to get mortgages here - takes a bit longer and needs a bit more info than normal - the banks haven't really grasped the risk element of mortgages so tend to err on the side of caution..

t's a good time to be here mate - 7 years for me and no chance of going home.. if you need anything else drop me a mail on cb(at)topjobs(dot)pl - good luck!!

Law / Trying to do business with Polish businessmen... but it's not easy. [41]

it's a bizzare situation for sure - I work in business to business sales and the amount of fall outs is incredible - one minute it's a yes go ahead - the next minute "we have sent the contract back" and then nothing - it's so frustrating and unprofessional - if it was the other way around my clients would be screaming at me.

Even general managers and chief execs are guilty though - maybe it's a fear of saying no in a face to face situation
I was always brought up that your word is your bond - it doesn't seem so here. Last month we "lost" 7 projects that we were given verbal go ahead to start only to find that the contracts weren't signed. Lesson learned - don't begin any work or co-operation until you have back signed contract....

having said all of that - Poland is still a great place to do business - you just need to choose your partners wisely....