PHILADELPHIA, PA, October 29, 2012 (Press-News.org) For the savvy investor, real estate offers many opportunities. In fact, many investors flock to real estate because they see it as an alternative to the daily tumult of the stock market. According to a recent report from CNBC, however, these investment opportunities are mixed with many potential pitfalls--particularly for novice investors. The article notes that scam activity is abundant, particularly in the field of property management. This finding has won the attention of New Wealth Advisors Club, a community of real estate investors.
The CNBC report notes the story of Joshua Dorkin, who "caught the real estate bug" and invested in his first condominium units eight years ago. Dorkin enlisted the services of a property management company to help him curate his investment, but quickly found that he was not getting the kinds of services he really needed. Ultimately, Dorkin discovered that his property management company had defrauded many commercial real estate investors--a sadly common occurrence among real estate novices.
According to New Wealth Advisors Club, scam activity like this is abundant, with scammers preying on novice investors. The company has issued a new press statement, commenting on the CNBC report and noting that, if investors apply themselves to doing their due diligence and studying up on the companies they choose to ally themselves with, they can often avoid getting swindled or conned.
"Life is nothing more than a series of choices," muses David Boswell, the founder of New Wealth Advisors Club. "We all have had ups and downs in life. With respect to real estate, people often consider getting involved in real estate investing as a hobby, or 'on the side' to make a little extra money. This is dangerous. As the article says, things can get tough without a talented team of professionals to help manage properties and investments."
Boswell goes on to note that, at New Wealth Advisors Club, scam activity is taken very seriously, but the organization seeks to protect novice investors through empowerment and education. "At New Wealth Advisors Club, we always teach students to focus on their strengths and hire their weaknesses, or find a partner that can handle their weaknesses," he offers.
New Wealth Advisors Club is a community of like-minded investors, seeking to encourage and support one another through shared education and resources. New Wealth Advisors Club has a diverse membership that includes both novice and veteran investors.
ABOUT:
New Wealth Advisors Club is a group of like-minded real estate investors, devoted to the idea that anyone can find success in real estate. The organization seeks to empower real estate veterans and novices alike through education, support, community and other resources. The vision of New Wealth Advisors Club is to help people take charge of their lives and discover the opportunities that exist in real estate investment. The organization is also zealous for protecting novice investors from dishonesty; according to New Wealth Advisors Club, scam activity is abundant, but the informed investor can avoid being taken advantage of.
Website: http://newwealthadvisors.com
New Wealth Advisors Club: Scam Activity Abounds in Property Management
A new CNBC report notes that scam activity is abundant, particularly in property management; this report has drawn the attention of New Wealth Advisors Club.
2012-10-29
ELSE PRESS RELEASES FROM THIS DATE:
Worldwide Vision Raleigh: Celebrates Green Work Environment
2012-10-29
Although many may feel that the green movement has infiltrated the majority of public minds, many environmental analysts believe there is still great room for improvement. A recent article from TriplePundit assesses consumer and employee behavior, noting that although greater change is necessary in terms of "going green," forcing these ideas onto individuals is not the best course of action. The article outlines strategies companies can take that will not reinforce green behaviors among customers and employees, as well as tactics that could encourage these individuals ...
Sam Mustafa Reacts to New South Carolina Tourism Strategy
2012-10-29
Throughout the years, South Carolina has wooed many tourists with popular destinations such as Charleston, Hilton Head and Greenville, creating a $15 billion tourism industry for the state. Despite these successes, a recent article from CBS News reveals that South Carolina tourism officials are planning to use resources in a more strategic manner to generate additional interest in the state's lesser-known attractions, such as the Cherokee Foothills Trail and the Jocassee Gorges. Sam Mustafa is one professional who has effectively monitored the success of tourism in the ...
Fitness Model Flavia Del Monte Appears on the Cover of Powerhouse Gym The Magazine
2012-10-29
Women's fitness expert and model Flavia Del Monte has recently been elevated to the level of cover model once again. Having already been on the cover of Fitness-X magazine, Flavia has added her second cover appearance on the September, 2012, Powerhouse Gym Magazine cover.
To get ready for her photo shoot, Flavia dedicated 8 full weeks of training and careful nutrition to reach her physical peak at the perfect moment.
"Getting ready for a photoshoot is both exciting and exhausting all at the same time," says Flavia Del Monte. "Spending an extra hour ...
PR You: Do-It-Yourself Public Relations Programs Arrive for Small Business and Start-Ups
2012-10-29
PR You, the new company from industry experts Michele Smith and Becky Vieira, officially launched this week, providing a series of DIY public relations programs that enable small businesses and start-ups to successfully conceive, launch and maintain their own PR programs. Based on the premise of the duo's new book, "PR You! The Essential Do-It-Yourself Guide to Public Relations," the company offers a variety of courses that teach companies how manage PR programs in-house, eliminating the need for costly firms or consultants that are typically out of reach for ...
Mr. Ticket, Traffic Ticket Lawyer, Offers Legal Assistance for CDL Holders
2012-10-29
When an individual makes their living from operating a vehicle, it is important to keep their record free from all charges. In addition to putting their career in jeopardy, even the most common of charges could end up costing CDL holders thousands of dollars over the years. In order to assist CDL holders with moving past these charges as affordably and quickly as possible, traffic ticket lawyer, Mr. Ticket, is now providing legal assistance to all commercial drivers.
The state of California maintains extremely strict laws for all commercial drivers. They must not only ...
Las Vegas Home Resorts Offers Luxury Vacation Rental Houses at Affordable Rates
2012-10-29
Families that are looking to plan group trips for an upcoming vacation often find themselves having to sacrifice the quality of their lodging or their location. This is why Las Vegas Home Resorts is now offering affordable luxury Las Vegas vacation rental homes that will work with any budget and keep travelers within moments of some of Nevada's biggest attractions.
Nevada is one of the hottest travel spots for those that are looking for a vacation within the United States. From the iconic strip in Las Vegas to the Mojave National Preserve, there is something for individuals ...
Invisible Harassment: Complaints Warn Of Anonymous Debt Collectors
2012-10-29
A recent report from the Federal Trade Commission (FTC) included some surprising findings about debt collectors: a large number of debt collection complaints pointed to "rogue" companies. This report indicates that some debt collectors might be trying to avoid complying with consumer protection laws by hiding in the shadows. Consumers should be aware that these practices are illegal here in Pennsylvania and throughout the United States.
The Fair Debt Collection Practices Act
The Fair Debt Collection Practices Act (FDCPA) applies to all personal (non-business ...
The Backlog: Disabled Veterans Must Battle Endless Red Tape For Benefits
2012-10-29
Despite their enormous sacrifices, disabled veterans who come home to Pennsylvania after serving abroad often face yet another daunting and demoralizing battle: applying for disability benefits.
Due to the enormous backlog of applications, many veterans must endure a long wait without government assistance. Inconsistencies between government offices also leave some veterans in the lurch by suspiciously denying benefits. All of this adds up to a frustrating and difficult experience for many returning soldiers.
More Veterans, More Injuries, More Frustration
The average ...
Boy Scouts Release Sex Abuse Files; Many Illinois Children Victimized
2012-10-29
The court-ordered release of records from the Boy Scouts of America has revealed a long history of alleged child abuse within the organization. It's especially troubling because most of these cases involved little or no internal investigation and authorities were rarely notified of the accusations. Files contain nearly 40 suspected abusers in the Chicago area.
One of the Chicago abuse cases involved Gwen Hale. The Boy Scouts of America allowed Hale to become an Illinois scoutmaster even though he was previously convicted of manslaughter. Hale was soon accused of sexually ...
Smiley & Smiley Announces Major New York Medical Malpractice Settlements
2012-10-29
Everyone wants to trust in their doctor's ability to diagnose disease and render the appropriate care. Unfortunately, medical negligence all too often results in a patient's death or serious injury.
When this happens, injured patients and the survivors of deceased patients are empowered to seek compensation in a medical malpractice lawsuit. Although no amount of money can ever undo the harm that was caused, malpractice lawsuits serve to hold negligent caregivers accountable while providing injured patients and their families with the compensation they need to recover ...
LAST 30 PRESS RELEASES:
Launch of the most comprehensive, and up to date European Wetland Map
Lurie Children’s campaign urges parents to follow up right away if newborn screening results are abnormal
Does drinking alcohol really take away the blues? It's not what you think
Speed of risk perception is connected to how information is arranged
High-risk pregnancy specialists analyze AI system to detect heart defects on fetal ultrasound exams
‘Altar tent’ discovery puts Islamic art at the heart of medieval Christianity
Policy briefs present approach for understanding prison violence
Early adult mortality is higher than expected in US post-COVID
Recycling lithium-ion batteries cuts emissions and strengthens supply chain
Study offers new hope for relieving chronic pain in dialysis patients
How does the atmosphere affect ocean weather?
Robots get smarter to work in sewers
Speech Accessibility Project data leads to recognition improvements on Microsoft Azure
Tigers in the neighborhood: How India makes room for both tigers and people
Grove School’s Arthur Paul Pedersen publishes critical essay on scientific measurement literacy
Moffitt study finds key biomarker to predict KRASG12C inhibitor effectiveness in lung cancer
Improving blood transfusion monitoring in critical care patients: Insights from diffuse optics
Powerful legal and financial services enable kleptocracy, research shows
Carbon capture from constructed wetlands declines as they age
UCLA-led study establishes link between early side effects from prostate cancer radiation and long-term side effects
Life cycles of some insects adapt well to a changing climate. Others, not so much.
With generative AI, MIT chemists quickly calculate 3D genomic structures
The gut-brain connection in Alzheimer’s unveiled with X-rays
NIH-funded clinical trial will evaluate new dengue therapeutic
Sound is a primary issue in the lives of skateboarders, study shows
Watch what you eat: NFL game advertisements promote foods high in fat, sodium
Red Dress Collection Concert hosted by Sharon Stone kicks off American Heart Month
One of the largest studies on preterm birth finds a maternal biomarker test significantly reduces neonatal morbidities and improves neonatal outcomes
One of the largest studies of its kind finds early intervention with iron delivered intravenously during pregnancy is a safe and effective treatment for anemia
New Case Western Reserve University study identifies key protein’s role in psoriasis
[Press-News.org] New Wealth Advisors Club: Scam Activity Abounds in Property ManagementA new CNBC report notes that scam activity is abundant, particularly in property management; this report has drawn the attention of New Wealth Advisors Club.