The financial planner has not offered to provide any of the information I requested, so I asked again. Is this fishy, or what? Now I requested a copy of the appraisal and a feasibility study.
My friend invested in this, minimum is $10K, and I think she will lose it all. Her reason for investing with him is that the last investment they made in AZ tripled in value. Well, duh!! Everything in AZ is in bubble land. But the boom is over, baby. I hope she can get her money back, but I doubt she will listen to me. After all, RE can only go up, and the financial planner lied so well when he said the refinery will employ 4000 people who need a place to live, schools, etc. Isn’t this illegal, to lie like this? Come on, someone speak up about this post. It is just more damn lies by a real estate salesman. It’s just pi**ing me off!!!!