Search found 3 matches

by Rex Reit
Tue May 24, 2011 7:54 pm
Forum: NetREIT
Topic: NetREIT and United Development Fund
Replies: 3
Views: 40311

Re: NetREIT and United Development Fund

Hi. My apologies for not saying which United Development Fund I am boondoggled in. It is UDFIII. Actually, to me, with my tiny bit of knowledge about how to read financials, it does look as if UDF could actually be paying me 9.75% simple interest per year. There also appears to be a chance I might b...
by Rex Reit
Fri May 06, 2011 11:22 am
Forum: NetREIT
Topic: NetREIT and United Development Fund
Replies: 3
Views: 40311

NetREIT and United Development Fund

Those are two of the privat placements my commission-hungry broker convinced me to put my money into. One of the greatest difficulties I have with both of them is to ascertain whether they are run-of-the-mill rip-off companies, being that the "cash dividends" and "interest" are my capital being retu...
by Rex Reit
Fri May 06, 2011 11:22 am
Forum: United Development Fund
Topic: NetREIT and United Development Fund
Replies: 8
Views: 23177

NetREIT and United Development Fund

Those are two of the privat placements my commission-hungry broker convinced me to put my money into. One of the greatest difficulties I have with both of them is to ascertain whether they are run-of-the-mill rip-off companies, being that the "cash dividends" and "interest" are my capital being retu...