Rule Six Of Six: Don’t Be A Fool Or Be Fooled – Know Exactly What You Are Buying

[REINteam]

Tropical real estate is a lovely dream, but do you TRULY know what you are buying? Is it a real estate investment, or a security with a real estate foundation? Many unsophisticated investors buy into projects believing that they are buying a real estate investment, when in fact they are simply pooling their money in a security (partnership, LP or share) that uses real estate as the base for the profits. Ask the tough questions
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