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Mike Stone
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40
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NRIA (National Realty Investment Advisors)

Mike Stone
Posted

NRIA are spending a great deal of money advertising and getting their name out there right now; I've tried to research them but can't find anything of value beyond their own website. The returns they promise are high (north of 10% annually), and they've been around for about 15 years. But, can anyone reading this shed any more light on them? They're not a publicly traded company, so how safe are they?  

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David Song
  • Real Estate Broker
  • Redwood City, CA
888
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679
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David Song
  • Real Estate Broker
  • Redwood City, CA
Replied

If anyone can guarantee a 12% return, he will not recruit any client. He only need to borrow from banks and cash in the large spread in 12%return versus the 4-5% interest. He will instantly become the richest person in this universe.

This guy must be an idiot to let his client make all those profit. But in the same time, he is a genius to guarantee 12% return. Idiot or genius, you tell me.

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