Anyone investing in real estate...

1,173 Views | 8 Replies | Last: 5 days ago by Diggity
LMCane
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Suddenly start seeing advertisements on Youtube all the time about this firm. Seems pretty user friendly.

minimum $100,000 investment.

anyone familiar with this or similar firms?

https://lightstonedirect.com/
Yukon Cornelius
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AG
Have to be careful about how you get your money out.
LMCane
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also it seems paying taxes and if the real estate trends south you are in big trouble

I am guessing because I watch so many youtube podcasts on financial planning and investing that the algorithm now selects new advertisements for me to watch.

it is a great concept though to be able to invest in real estate with a few clicks of buttons and not to have to actually buy a real apartment building with 100 humans in it.
Yukon Cornelius
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Proposition Joe
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There are plenty of legit REIT opportunities out there, but if there's ads promoting it on facebook then it's safe to assume there's more money being made in advertising/promoting those specific schemes then actually investing in them.

I tend to always view any of that stuff as, if it's being promoted to me in a public space (TV, Facebook, etc...) then either A) The money is being made in sales/promotion of the product, not the investing in it, B) The meat has already been so taken off the bone that you're getting scraps at best, or C) The payout structure is such that you're taking on the greatest amount of risk but also the last in line to get paid on profits.

I know a lot of guys that do very well in that space, and very few of them need to publicly solicit.
LMCane
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It makes sense that you are 100% accurate

they talk about how it's a 40 year business with 12 billion Assets Under Management.

and it's only open to accredited investors.
MAS444
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AG
Gotta whip out that official "accredited investor" card!
techno-ag
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AG
Over on the real estate board they discuss opportunities like this. I bet you can invest in something in the BCS area with an Aggie. Probably safer.
The left cannot kill the Spirit of Charlie Kirk.
Diggity
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AG
Nm. Misread
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