Tuesday, March 23, 2010

The Broker who Sold you this Junk

If you have NOT complained to any authorities re: Sun1031 OR the Broker who sold you this Junk, complain to your state attorney general, AZ attorney general, Federal Attorney General, the SEC and REISA (http://www.reisa.org).

REISA used to be TICA (Tenants in Common Assoc.). tho it MAY not do much good, spreading your unhappiness can't hurt.

their "mission" is...
The Real Estate Investment Securities Association (REISA) is a national trade association serving professionals who offer and distribute all forms of real estate investment securities. Established in 2003, REISA promotes the highest ethical standards to its members as well as provides education and information to the entire real estate securities community.
REISA members include: registered representatives, registered investment advisors (RIAs), broker-dealers, sponsors, qualified intermediaries, lenders, attorneys, CPAs, mortgage brokers, consultants and other affiliated professionals.

Funny, my broker belongs to this group, BUT SUN1031 does NOT.
in fact, i can't find ONE GROUP in which SUN1031 is/was affiliated.
I love Sun1031's website in which they STILL espouse the same nonsense they always have.

Taking a minute to complain may help others from our same sorry fate AND may stop the $ flow to these crooks.


ALSO, the Broker should have E&O insurance (errors & omissions) that you may be able sue against.

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