<?xml version="1.0" encoding="UTF-8"?><rss version="2.0" xmlns:content="http://purl.org/rss/1.0/modules/content/" xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:atom="http://www.w3.org/2005/Atom" xmlns:sy="http://purl.org/rss/1.0/modules/syndication/" > <channel><title>Comments on: CashflowandEquity.com Simplifies Investing in Turn-Key Real Estate</title> <atom:link href="http://www.biggerpockets.com/renewsblog/2007/10/26/cashflowandequitycom-simplifies-investing-in-turn-key-real-estate/feed/" rel="self" type="application/rss+xml" /><link>http://www.biggerpockets.com/renewsblog/2007/10/26/cashflowandequitycom-simplifies-investing-in-turn-key-real-estate/</link> <description>Learn, Network, Invest</description> <lastBuildDate>Sun, 12 Feb 2012 02:59:04 +0000</lastBuildDate> <sy:updatePeriod>hourly</sy:updatePeriod> <sy:updateFrequency>1</sy:updateFrequency> <generator>http://wordpress.org/?v=3.3.1</generator> <item><title>By: andy steele</title><link>http://www.biggerpockets.com/renewsblog/2007/10/26/cashflowandequitycom-simplifies-investing-in-turn-key-real-estate/#comment-81488</link> <dc:creator>andy steele</dc:creator> <pubDate>Wed, 28 Apr 2010 07:44:42 +0000</pubDate> <guid isPermaLink="false">http://www.biggerpockets.com/renewsblog/2007/10/26/cashflowandequitycom-simplifies-investing-in-turn-key-real-estate/#comment-81488</guid> <description>ditto - I bought 3 properties from these guys - yes sight unseen - for which I am kicking myself. the upgrades they did were shoddy and the property management they left me with eventually skipped town with my rent.At the end of the day - my fault for not flying out to see these places - so message really is buyer beware.On another note - Ive had these properties for 3 years and have had experiences with three property managers that I&#039;d like to share-Greg Latta - he&#039;s the guy that Cornerstone left me with and eventually took off with one months rents on three homes.Lighhouse LLC. -  Got these guys on referral and while Scott is a nice enough guy - I found these guys to be more reactive than proactive and they do a very bad job of putting quality tenants in  - I eventually had to fire them and evict people from all three properties - because one was being used used as a drug house and upon deeper inspection of why I wasn&#039;t getting all my rent money the other 2 actually had no real way of paying rent.  Lighthouse&#039;s motto - &quot;you&#039;re lucky to get what you get&quot; yes that was actually said to me.And finally - the worst of the bunch Property Solutions Carl And Wendy will promise you the moon - I hired these 2 in DEC to fix up the three properties and get them rented - we are now into the 5th month and they are still vacant. I could write a novel about the last 5 months trying to get these 2 to make good on their promises.  It may just be me because they seem to have alot of shining reviews but my experience has been miserable.  Id tread very carefully with these guys and not let them slip on anything.</description> <content:encoded><![CDATA[<p>ditto &#8211; I bought 3 properties from these guys &#8211; yes sight unseen &#8211; for which I am kicking myself.<br /> the upgrades they did were shoddy and the property management they left me with eventually skipped town with my rent.</p><p>At the end of the day &#8211; my fault for not flying out to see these places &#8211; so message really is buyer beware.</p><p>On another note &#8211;<br /> Ive had these properties for 3 years and have had experiences with three property managers that I&#8217;d like to share-</p><p>Greg Latta &#8211; he&#8217;s the guy that Cornerstone left me with and eventually took off with one months rents on three homes.</p><p>Lighhouse LLC. &#8211;  Got these guys on referral and while Scott is a nice enough guy &#8211; I found these guys to be more reactive than proactive and they do a very bad job of putting quality tenants in  &#8211; I eventually had to fire them and evict people from all three properties &#8211; because one was being used used as a drug house and upon deeper inspection of why I wasn&#8217;t getting all my rent money the other 2 actually had no real way of paying rent.  Lighthouse&#8217;s motto &#8211; &#8220;you&#8217;re lucky to get what you get&#8221; yes that was actually said to me.</p><p>And finally &#8211; the worst of the bunch<br /> Property Solutions<br /> Carl And Wendy will promise you the moon &#8211; I hired these 2 in DEC to fix up the three properties and get them rented &#8211; we are now into the 5th month and they are still vacant.<br /> I could write a novel about the last 5 months trying to get these 2 to make good on their promises.  It may just be me because they seem to have alot of shining reviews but my experience has been miserable.  Id tread very carefully with these guys and not let them slip on anything.</p> ]]></content:encoded> </item> <item><title>By: Jim C Creek</title><link>http://www.biggerpockets.com/renewsblog/2007/10/26/cashflowandequitycom-simplifies-investing-in-turn-key-real-estate/#comment-51990</link> <dc:creator>Jim C Creek</dc:creator> <pubDate>Fri, 02 Nov 2007 15:27:48 +0000</pubDate> <guid isPermaLink="false">http://www.biggerpockets.com/renewsblog/2007/10/26/cashflowandequitycom-simplifies-investing-in-turn-key-real-estate/#comment-51990</guid> <description>This company is a ripoff.  The properties are over priced and under repaired.  Once you own one of these expect to dump thousands more into fixing their bad repairs.  Already involved, I hope you have a good lawyer.  Mine is still fighting it out with them.</description> <content:encoded><![CDATA[<p>This company is a ripoff.  The properties are over priced and under repaired.  Once you own one of these expect to dump thousands more into fixing their bad repairs.  Already involved, I hope you have a good lawyer.  Mine is still fighting it out with them.</p> ]]></content:encoded> </item> </channel> </rss>
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