These include falsely claiming to have closed dozens of deals when none were ever closed, illegal payment of undisclosed sales commissions to bundlers and independent contractors, advertising the funds as safe and appropriate to investors with obvious near-term needs for their capital, creating fund of funds en masse assembly line fashion with no corresponding SEC filings, unregistered brokers/financial advisors acting in that capacity absent licensure, having customers wire money claim the fund is fully subscribed and putting them into a high yield promissory note, accepting funds from unaccredited investors, misrepresentations about the debt put on the project, lies about experience level of the principals, omissions of material facts, and at least two straight up Ponzi schemes.While it's true that some legitimate operators are having issues in their portfolios, today's circumstances are a perfect example of the idiom, "you can only discover who is swimming naked when the tide goes out."

The other side of this is you're one false step from financial ruin.

There's also a ton of investors who approach banks and believe they can borrow money without recourse (no personal guarantee) merely because the property is titled to an LLC and then falsely claim "banks do not lend to LLC's".

Property taxes have gone up a bit, but so has insurance-all the little bits add up over time.I understand why you say this, but saying more supply will lower renting costs is a false narrative "Spruce Goose".

I was disappointed that this was not upheld and it took me posting publicly for you to reach back out.Dear Ruth,With all due respect, what your are saying here is completely misleading and false.

False. 

I've been looking to buy a small self-storage facility, but there are some myths I've encountered that I just don't know if they are true or false.1.

Just completely false information and they should know better. 

What I see, is most people get just enough knowledge to create trouble for themselves...kind of giving themselves a false sense of comfort.I say real estate is a team sport. 

Deeper checking revealed false previous addresses.