Re: Illegal Securities offering? - Posted by Rick, the Probate Guy
Posted by Rick, the Probate Guy on August 25, 2009 at 20:29:28:
Shane - when you fish in the waters of discussion boards for free advise, you’ll often catch what you paid for. However, there’s lots of good information to be had.
Now, you may not agree with every comment made, and you’ll certainly get the odd or offbeat, even inappropriate comment, because this is, after all, a free forum. But overall, most people are trying to be sincere when posed with straight-forward questions.
However, real estate and law are pretty complicated even within states, let alone nationally. I’d guess that at least half or more of the questions related to soliciting investors that I see on this board are from wannabe types who really don’t know what they don’t know yet, because they haven’t had the opportunity to be exposed to the bigger picture. Maybe all they see is the opportunity side promoted by the dream merchants.
One Merchant that does stand out here is John Merchant. He happens to be an attorney, a frequent contributor, and I believe that he’s a pretty bright guy. Now you and I may not agree with everything John says (and I take delight when he shows me an angle I didn’t see) however, he has taken the time to offer help. You can take the best or leave the rest, as you please, but if you want people to take their time in the future, at least on this board, you’ll want to attract as many perspectives to chose from as possible.
Or, you could just hang within your own investment club and see who’s willing to tell you what you want to hear.