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Old Posted Oct 27, 2014, 9:42 PM
Canucklehead Canucklehead is offline
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Join Date: Apr 2014
Posts: 116
What is unfortunate is that the people investing are very inexperienced types of investors. Just look at the pictures of the "brokers" they have at their events - do those people look like they know real estate?

The whole concept behind Fortress works very well in an upswing, but in a downswing, the investors get hurt. Fortress takes their massive fees right off the top, which is why they announce so many projects and buy so many vacant sites. It's easy to get a nice fancy rendering.
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