Three years ago, I met a representative of David Lerner Associates who sold me a REIT. I invested $9000.00 and specifically told this Rep that I wanted a safe place to put extra savings, but if I needed it, I would have to have it. He stated that the investment was available to me when I needed it ...
To all new job seekers in the financial arena. Please note that they placed ads in craiglist seeking individuals to learn the investment/financing business. This is not their real intention. The call is to determine if you have rich contacts of friends/co-workers that you can solicit to purchase ...
If you are looking to invest in real estate or need to do a 1031 exchange stay far away from David Lerner Associates and especially Stephanie Walcoe, the wife of the executive vice president of the company. Stephanie Walcoe will promise you the rosiest of scenarios with the lowest cost but ...
If you are looking to invest in real estate or need to do a 1031 exchange stay far away from David Lerner Associates and especially Martin Walcoe the executive vice president of the company. They will promise you the rosiest of scenarios with the lowest cost but unfortunately after the documents ...
The problem with David Lerner Associates is not necessarily the securityproduct (Apple REIT), but that their salespeople go around selling it in largevolumes to people on fixed income and disability, therefore creating aportfolio that is illiquid and over concentrated, building accounts that ...
Because of threat of retaliation, I am changing my name to write this very truthful report. As an ex-employee of David Lerner Associates, I worked with sales persons and executives of the firm on a daily basis. During my tenure with the company, I was privy to the following information which may ...