I've heard that one major criticism of REITs is that the companies behind them push their risky and bad debt into the REIT while keeping the good properties private. What are your thoughts on this?
I would not be surprised. Many of the same characters start multiple REITs. Like any thing else, if you can keep the best opportunities for yourself, and use OPM to fund average deals, while paying yourself a huge salary and expenses, why wouldn't you? That's human nature I guess.
these guys https://www.richuncles.com are advertising for suckers on sports talk radio in between the ads for the online bookies.
Wow. That's hilarious. I just watched their promo video and it took me a while to figure out if it was a spoof or real. Sadly, it's real.
It's sad that a lot of the listeners will fall for it. Just like the sure fire, can't miss picks on the weekends games.