Showing posts with label investment. Show all posts
Showing posts with label investment. Show all posts

Tuesday, 26 November 2013

Is Flipping4Profit a scam site?

My first thought when I looked at Flipping4Profit is that it was too good to be true. Becoming a member costs you $100 and it's not overly clear what the minimum investment is. It's all very eye friendly the website but there's not enough proof of purchases - documents and the like.

I would not like to say that it's a scam for sure, as I have no proof but websites that specialise in flipping real estate profits are often based on a pyramid scheme. What they do is pretend that the house was sold for a higher amount than it actually was, investors are happy with their returns and word spreads, more people plough money in until one day it eventually collapses.

As with all pyramid schemes, if you get in early you can actually make a profit, regardless or not of it's legitimacy. If you recommend it to your friend's or business partners, you could potentially lose those ties when it all goes pear-shaped.


Thursday, 7 May 2009

Oneverysimpleidea.com - A scam worth avoiding

Not every site selling a product is a scam but you just need to look at this pages layout to realise it is one of many similar sites, promising you enormous profits with it's latest way on earning money. Ask yourself, why the author is giving this info away. The fact is there is nothing new in there and they will make good money from the clickbank sale of a product with very little value after having bigged it up on their website. Stay away! All the information you need to get going is available for free on the net, don't begin paying for it!

 
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