This is terrible! These are mmoral real estate companies are who give good honest real estate investors a bad name. Being a real estate club owner, I get numerous requests from RE companies & RE related services to promote themselves through our club and I tell you, I have been seeing some very sleazy companies popping up over the past year.
Unfortunately, when there are vulnerable situations - the slimy, immoral people out in the world have a huge opportunity to hurt and defraud a lot of people. It makes me sick to my stomach. I swear - reading this article about how these scam artist William Hutchings and Xiaoke Li Federal Land Grant Co take advantage of these homeowners makes me want to do something to put help. I don't think it is enough for me to just "turn down" seemingly slimy companies from promoting themselves through our club. Now that I see this story I realize that I am at fault too if I see a company that I think is not on the up & up and I don't do something more than just turn them down.
Wow - what a interesting spot I have found myself in here. I've always wanted to offer information on who I thought was a "good guru" vs. the ones who stink because they only care about making money off vulnerable real estate investors. Now I wonder what I should do with seemingly sleazy real estate related services that I come across?. My gosh. There is a greater opportunity to be more of service to the public. HELP!
For the full article on these scammers read about it on AOL Real Estate.
