This article is about how to spot real estate scams. It suggests particular scams to avoid, and how to help others avoid falling prey to the same ones.

Real estate can be a great industry to get involved in to make money. However, there are many scams Brand Cialis out there in the real estate business which can slip you up, and take you for all you are worth.

Being aware of these growing scams can help you to keep on your toes, and navigate yourself through this successful industry unscathed. To first recognize a potential scam, remember the old phrase “if it sounds too good to be true, it probably is too good to be true,” or the phrase “if it was profitable and easy, then everyone would be doing it.”

Therefore, if you read or listen to a deal that sounds great, hopefully your inner voice that reacts to excitement with calm cool reasoning will kick in and slow you down before you commit without learning the details. Are the claims incredible, fantastic and a sure money-maker, making you rich beyond your wildest dreams?

Chances are it is a scam. For example, there is an infomercial with a well-respected real estate guru, claiming you can purchase a house for less than $300.00 using his system.

Turns out his incredible claims really are too incredible to believe, especially when you toss in a little false advertising and gross exaggerations. Let’s use his system as a model on how to spot a potential scam.

The first is the “money back, thirty-day free examination scam.” This gets plenty of people because it claims you can always return the purchase with no obligation and a full cash refund.

All you have to do is provide your credit card info and if you decide to return the materials, your credit card will not be charged, or your credit card will be credited. To find out if this is really going to be the case, you can simply Google the company name and type “scam” right after it.

It is amazing how many people who have been scammed by this type of offer, will reveal it to all who browse the internet, just to prevent it from happening to anyone else. Another way to check them out would be through the Better Business Bureau.

The Better Business Bureau keeps excellent records on businesses whether they are based on infomercials or not. They also grade the companies based on consumer complaints and resolvability of issues.

The infomercial in question is graded F because of their poor customer service, the less than stellar kit of information and their unwillingness to resolve complaints. This will help people to avoid these scams through a simple phone call.

Another popular ploy is through the Tax Lien Scam. You need the help of the course or system or seminar to do this, so the sellers of such items would have you believe.

In truth however, you can call your local tax assessor or pay them a visit and get the same information for free. Doing an Internet search can turn up scores of Real Estate Forum Boards who have members offering advice and how to information for free.

If you didn’t do those things, what can you expect? You can expect to purchase a house that is a moldy, smelly dump.

You know those pictures featured in the infomercial? Well, they do not accurately represent what the houses look like at the time they are purchased.

They also don’t inform you how many years you will spend fixing up the house or how much money you will have to spend paying for all the work that needs to be done in houses that are virtually uninhabitable. The infomercial also doesn’t tell you that tax lien properties can still be repurchased by the original owners once they pay the back taxes.

Be smart, and very careful when you encounter these kinds of advanced scams. They wouldn’t still be around if a substantial number of people weren’t still falling victim to them.

Do as much research as you can before you invest a penny of money. Try the research methods previously suggested, such as using Google or the Better Business Bureau.

Last but not least, once you learn something, share it with others. You can save others pain and money loss by simply posting what you have learned on the internet.

Take your time when it comes to investing your money, especially in Real Estate. There are plenty legitimate ways to make money in this business-make sure that you are involved in the legitimate ones!

Author Bio: Tommy Greene has worked since 1991 in property investments. He loves all things financial and is savvy in handling a net lease.He has been a guest lecturer for the past 9 years.

Contact Info:
Tommy Greene
TommyGreene09@gmail.com
http://www.stanjohnsonco.com

Category: Finance/Real Estate/Buying
Keywords: net lease