Non-Traded REIT’s are Horrible Investments

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I’ve been a financial advisor for 20 years and I want to warn all other advisors to not make the mistakes I did.  To put it simply:  Non-traded REITS and similar investments are horrible (any non-traded investments).  It destroyed my practice. I don’t care what the wholesaler says.  I don’t even care what the prospectus says.  I have money in fifteen of them that I invested from 2010-2015 and Every One of them lost money.  I even had to go into arbitration for one of them where I got dinged on my BrokerCheck.   I have lost countless clients and the remaining ones are furious.  DO NOT SELL THEM.  I am shocked that these programs still exist and that advisors are putting BILLIONS into them.  STAY AWAY.