I was in a meeting today negotiating with an "investment advisor" who directed our firm's client to invest in various properties around the state of Florida. Unfortunately, like so many others, this "advisor" had no idea what he was doing. Like so many who decided they were experts, in real estate, this person saw fit to gather other people's money in "sure thing" real estate investents. Once the market collapsed, particularly in downtown Miami, thisparticular person along with so many others began to point their fingers to a declining market as support for the notion that this was not their fault.
Tags: real estate
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