Plaintiffs in Austin filed a lawsuit against a local dentist who allegedly collected funds for an investment opportunity and then ran off with the money. Investors were allegedly told that their thousands of dollars would be used to open multiple dental practices in Travis County. Plaintiffs also claimed that the dentist is not licensed yet and did not reveal that information when collecting funds for the investment. Plaintiffs claim that more than half a million dollars was stolen in the scam.
Texas residents may be interested in learning that Playboy has filed a lawsuit against Global Blockchain Technologies, a Canadian cryptocurrency company, for allegedly breaching on a contract. The lawsuit was filed earlier in August in Los Angeles Superior Court.
The rewards of commercial real estate investing in Texas and around the country can be great, but navigating a profitable path around the pitfalls involved takes a combination of careful planning and a willingness to take risks when opportunities present themselves. Success in this area also requires an understanding of the commercial property market and familiarity with the terms and calculations experts use when assessing the merits of real estate deals.
Commercial real estate can be a great investment opportunity for people in Texas who want to enjoy excellent returns in a stable, long-term investment. Many wealthy people have made their fortune through real estate investments, and a number of investors enjoy a significant real estate portfolio as part of their wealth management systems. Because of the opportunities and stability provided by these types of investments, many are interested in expanding their reach to benefit from commercial projects.