Posted by Jon Richards on March 17, 2002 at 15:13:53:
I think you will almost always find these so-called profit sharing ideas a scam. It started about 10 years ago with those role models for fraud: Tom Vu and McKorkle. Be very careful.
Go to Jack Reed’s web site for related “guru ideas” at www.johntreed.com. He is sort of cranky, but has a good take on the rip off artists in real estate.
Best of luck, and let know if you find I am wrong. Thanks
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