Others, like this one, are so blatantly bad that the sheer volume of people raising money for them have destroyed the reputation of fund of funds across the entire industry.

Are these commercial properties like offices/retail or apartment buildings? 

Purchase price: $485,000 Cash invested: $10,000 High Visibility Corner Retail Location. 3800 sq ft, 2 story building.Potential NOI valuation (after repairs, finishing) = $1.4MDue Diligence happening now, seeking Qualified Cash Buyer

Hey mate,Sorry to hear about your troubles.I've been offering "true" turnkey properties for 10+ years now and have many scars to prove it.There has been and still is a huge stigma surrounding the industry and rightly so.The very best rated in the industry sometimes get blasted on the forum.Like with any business that has stood the test of time, we have had our fair share of successes and failures.We have done very well for many investors and could have performed better for others.Many times, we are to blame and other times it was the investors fault IMO.One thing I have always claimed is that we don't steal, cheat or lie and my team and myself work very hard and always make decisions with investors best interest at heart.Personally, I believe that folks that work hard and do their best shouldn't be crucified for an honest mistake when it happens.But, I guess others aren't as reasonable when it comes to such situations and I don't judge them for it.I take the punch on the chin and still continue doing my best.Over the years, I have made millions and lost millions but only blame myself when I loose.Not others.Also, I've always preached to start slow and only use cash which has cost my business 90% in sales volume.I just don't believe that investors should use leverage when first starting to build their portfolio.Reverse engineer and base all real estate, business and even life decisions from a risk analysis worst case scenario standpoint.If you believe that you can absorb a worst case scenario outcome, then pursue the opportunity.Build a strong foundation with cash owned properties and gain experience first."

Real estate is a people industry so networking is important.

Nevertheless, I think if more people are talking about it, we can all work together to protect each other from any nefarious operations in our industry.

Take a look at the stock market today - retail investors flock towards bankrupt companies because it is a “good deal” that sounds like someone who doesn’t understand the premise of intelligent investing in the stock market - similar to those who may not understand how to leverage the 2 for 1 capabilities of a WLI policy.

I'm very new to the real estate industry and have been doing my cohesive research on it for a month (I have been an entrepreneur for 7 years now).

Just my opinion, but people peddling advice on a podcast and in seminars have no clue about how the real industry works.

For years I have been meaning to get into commercial either multi units or even industrial i.e. warehouses.