How Do You Recognize Property Investment Scams?
Real estate has long been a solid way to make money, but that doesn’t mean every property investment is good idea or even legitimate. There are con artists at every turn who would like to scam you out of your money, leaving you poorer but wiser. Here’s how to recognize property investment scams. Know you’re vulnerable. Experts say the people most likely to be the victims of property investment scams are financially astute. Con artists know that they need to start with someone who is open to investing instead of being more conservative with money. Be careful not to be overconfident, since scammers can set up elaborate schemes that can fool even the best. Remember the old adage, “If it sounds too good to be true, it probably is.” Be skeptical on promises of high, fast returns. Nothing of that nature comes without high risk, so consider what you can afford to lose. Be wary of email or infomercial offers, since they are favorite delivery methods for people who traffic in property investmen
