James Wise Clayton Morris Trailer video

James Wise Clayton Morris Trailer video

Jay HinrichsBusiness Member
Real Estate Consultant · Summerlin, NV · Member since 2014 · 45k+ posts · 66k+ votes

For all of you who did not catch this Trailer video that James posted on U Tube I was able to watch it.. 

I found it well done.  And was even more amazed that Jim got Clayton on the phone all the way from Portugal.

other than a few F bombs by both parties.. it was and is well done.

Even a little Cameo from myself LOL..

Jim has gotten videos and audio testimony from industry experts and actual victims as well as when you see it a phone call with Clayton himself.. I am not sure if there is more Audio on Clayton that I saw on the trailer.

But suffice it to say.. it was Vintage Morris  IE just pretty much exactly how his wife portrays them as victims.

Clayton goes on to mention other Indy providers that were in the same mess with Whalen .. And then proceeds to question Jim's investigative reporting bona fides.. And Clayton wanted to know what business was it of Jim's to be doing this at all.  And Clayton mentioned me as well as I have been from the very first post pretty straight forward that the model as sold by Morris even if all the rehab funds had not been diverted and you had ponzi like rental payments being made , that the model is and was flawed from day one and would never have worked as he described.. 

The big one though was When Jim says to Clayton  " But dude your in Portugal how does that make you look"  no answer.. 

For sure one thing is certain he is no dummy and I am sure he talked to many lawyers about where he could go to avoid massive litigation and potential criminal and then set up shop and keep selling whatever he is selling to new folks.

U still see it on any social media when his wife gets on and does the Poor this is not fair to Clayton or I routine.. there will be 50 people singing their praise.. Of course I Bet not one of them lost their entire life's savings like one of the investors that Jim had interviewed and is on the trailer.. 

I commend Jim for his work in this .. It will have benefits throughout the industry showing and teaching people about OOS investing and being led by someone with a lot of fame but no real estate experience to speak of... 

Lastly this is a sad case Morris with his background could have been one of the larger resellers of rentals in the US no doubt right up there with the other big resale companies we all know about.. And I can tell you from first hand experience all those other resale companies ran into the same thing Morris did.. but the difference is they realized it quickly and cut off those bad actors by and large. 

@Jim K.@James Wise    Jim I tagged you on accident but in reality you could write the how to book on how to navigate those lower end assets. 

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Kathy FettkePro Member
Rental Property Investor · Los Angeles, CA · Member since 2014 · 100 posts · 180 votes
6y

I had Clayton on my podcast years ago and was shocked that he was selling properties in the hood. I'd been down that road and knew the perils of it. I asked how he was making that work as it sounded risky to me. He said it was going great. (I thought, there must be something he doesn't know quite yet...)

In 2010, a large group of Australians came to me begging for $10,000 properties that rented for $900/month, as they'd seen on TV somewhere. I told them if I could find such a thing, I would buy it too! :-) 

We ended up touring Kansas City together and met with several "turnkey" providers. One of them was a property manager in the inner city of KC. On paper, he had these kinds of returns. I warned the Aussies in a follow up email that low-income, high crime areas were not recommended by me or RWN. They wrote back saying it was none of my business what they do... After all, the homes were so very cheap  - often less than $10,000 - what could go wrong? (Everything!)

Several bought these rentals, in spite of my advice. Not many months later, they contacted me to tell me it was a nightmare. The properties had high turnover, and every time they did a make-ready, items would get stolen. The repair costs from damage and theft were so high they begged to sell these inner-city properties. But who would buy?

They tried to blame me but I reminded them of the email I sent them. Investors really do need to take responsibility for the choices they make. They can sue all day long, but in the end, they won't get their money back in most cases. Does Clayton have insurance? I doubt it. While he should have been on top of the situation, so should the investors. Did they visit the properties, perform inspections and appraisals and rent comps? They never should have paid for renovations before they were done. 

I don't mean to sound harsh, but I am quite Republican in this regard. People, especially investors, need to take responsibility for the choices they make. Many of these losses could have been avoided with property due diligence. A Fox TV host does not make someone a savvy real estate investor. 

Some consider me a "celebrity" too but this doesn't mean that just because I recommend something, investors shouldn't also do their proper due diligence. A guy bought some crappy properties through a provider we no longer work with. He failed to visit the property, get inspections or appraisals. He didn't do any investigation at all. And when things didn't work out, he wanted to blame me. I didn't even know he bought them! He never asked for my advice. We were never paid any kind of referral fee.

I hate seeing investors lose money. I have lost money from trusting the wrong people, and it stinks. But I never blamed anyone but myself.

See this reply in the discussion

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  • Rental Property Investor · Greenville County SC / Atlanta, GA · Member since 2017 · 403 posts · 120 votes
    6y

    @Jay Hinrichs hi my friend is the video still available if so is there a certain keyword I need to put in search ?

  • Jay HinrichsBusiness Member
    OP
    Real Estate Consultant · Summerlin, NV · Member since 2014 · 45k+ posts · 66k+ votes
    6y
    Originally posted by @Robert Collins:

    @Jay Hinrichs hi my friend is the video still available if so is there a certain keyword I need to put in search ? 

    well me being un computer tech I watched it on YT but I don't know how to copy it.. or anything like that.

    then Morris filed a complaint with YT and YT took it down..  Jim Wise is now working to get it put back up.. don't really know the ins

    and outs of how YT works.. 

  • Real Estate Broker · Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH · Member since 2013 · 30k+ posts · 20k+ votes
    6y
    Originally posted by @Jay Hinrichs:
    Originally posted by @Robert Collins:

    @Jay Hinrichs hi my friend is the video still available if so is there a certain keyword I need to put in search ? 

    well me being un computer tech I watched it on YT but I don't know how to copy it.. or anything like that.

    then Morris filed a complaint with YT and YT took it down..  Jim Wise is now working to get it put back up.. don't really know the ins

    and outs of how YT works.. 

    Robert,

    At the moment no you can't find it anywhere online. My team is in a copyright dispute with Morris and his team right now as there was a phone conversation between myself and Morris in the video. Morris is trying to claim copyright ownership of it which is simply a totally bogus attempt at suppression. I imagine he was hoping that I'd just back down and let it go. He was wrong lol. I have the motivation and resources to fight him in the courtroom if need be.

  • Jay HinrichsBusiness Member
    OP
    Real Estate Consultant · Summerlin, NV · Member since 2014 · 45k+ posts · 66k+ votes
    6y
    Originally posted by @James Wise:
    Originally posted by @Jay Hinrichs:
    Originally posted by @Robert Collins:

    @Jay Hinrichs hi my friend is the video still available if so is there a certain keyword I need to put in search ? 

    well me being un computer tech I watched it on YT but I don't know how to copy it.. or anything like that.

    then Morris filed a complaint with YT and YT took it down..  Jim Wise is now working to get it put back up.. don't really know the ins

    and outs of how YT works.. 

    Robert,

    At the moment no you can't find it anywhere online. My team is in a copyright dispute with Morris and his team right now as there was a phone conversation between myself and Morris in the video. Morris is trying to claim copyright ownership of it which is simply a totally bogus attempt at suppression. I imagine he was hoping that I'd just back down and let it go. He was wrong lol. I have the motivation and resources to fight him in the courtroom if need be.

    well in fact if you need to actually get in front of a trier of fact that could be years from now.. so I suppose an alternative delivery method in the meantime if it actually comes to litigation would be necessary we wait too long and folks will forget this whole sad chapter in INdy real estate. and Jacksonville. 

  • Real Estate Broker · Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH · Member since 2013 · 30k+ posts · 20k+ votes
    6y
    Originally posted by @Jay Hinrichs:
    Originally posted by @James Wise:
    Originally posted by @Jay Hinrichs:
    Originally posted by @Robert Collins:

    @Jay Hinrichs hi my friend is the video still available if so is there a certain keyword I need to put in search ? 

    well me being un computer tech I watched it on YT but I don't know how to copy it.. or anything like that.

    then Morris filed a complaint with YT and YT took it down..  Jim Wise is now working to get it put back up.. don't really know the ins

    and outs of how YT works.. 

    Robert,

    At the moment no you can't find it anywhere online. My team is in a copyright dispute with Morris and his team right now as there was a phone conversation between myself and Morris in the video. Morris is trying to claim copyright ownership of it which is simply a totally bogus attempt at suppression. I imagine he was hoping that I'd just back down and let it go. He was wrong lol. I have the motivation and resources to fight him in the courtroom if need be.

    well in fact if you need to actually get in front of a trier of fact that could be years from now.. so I suppose an alternative delivery method in the meantime if it actually comes to litigation would be necessary we wait too long and folks will forget this whole sad chapter in INdy real estate. and Jacksonville. 

    That length of time a trial would take would actually work in my favor. See the way it works is that after I filed the counter claim with YouTube they need to review it and approve it. If it's approved by YouTube it's going to get shot back to Morris who will be given 10 business days to provide them with a court order banning me from publishing the video. If he can't supply that then it goes back up until he can provide said court order. I of course do not believe he'll ever be able to get such an order as there is no footage in my video that he owns the copyright of. This is why I have not published it somewhere else despite the multiple requests to do so. 

  • Jay HinrichsBusiness Member
    OP
    Real Estate Consultant · Summerlin, NV · Member since 2014 · 45k+ posts · 66k+ votes
    6y
    Originally posted by @James Wise:
    Originally posted by @Jay Hinrichs:
    Originally posted by @James Wise:
    Originally posted by @Jay Hinrichs:
    Originally posted by @Robert Collins:

    @Jay Hinrichs hi my friend is the video still available if so is there a certain keyword I need to put in search ? 

    well me being un computer tech I watched it on YT but I don't know how to copy it.. or anything like that.

    then Morris filed a complaint with YT and YT took it down..  Jim Wise is now working to get it put back up.. don't really know the ins

    and outs of how YT works.. 

    Robert,

    At the moment no you can't find it anywhere online. My team is in a copyright dispute with Morris and his team right now as there was a phone conversation between myself and Morris in the video. Morris is trying to claim copyright ownership of it which is simply a totally bogus attempt at suppression. I imagine he was hoping that I'd just back down and let it go. He was wrong lol. I have the motivation and resources to fight him in the courtroom if need be.

    well in fact if you need to actually get in front of a trier of fact that could be years from now.. so I suppose an alternative delivery method in the meantime if it actually comes to litigation would be necessary we wait too long and folks will forget this whole sad chapter in INdy real estate. and Jacksonville. 

    That length of time a trial would take would actually work in my favor. See the way it works is that after I filed the counter claim with YouTube they need to review it and approve it. If it's approved by YouTube it's going to get shot back to Morris who will be given 10 business days to provide them with a court order banning me from publishing the video. If he can't supply that then it goes back up until he can provide said court order. I of course do not believe he'll ever be able to get such an order as there is no footage in my video that he owns the copyright of. This is why I have not published it somewhere else despite the multiple requests to do so. 

    Gotcha..  did not know the time lines were so short and him being in Portugal and all this would cost him some pretty big money to get done.. but he may spend it. who knows..

  • Handyman · Pittsburgh, PA · Member since 2018 · 5k+ posts · 13k+ votes
    6y

    When it comes to Morris Invest, we have spent months on months discussing in the Bigger Pockets forums on how necessary and important due diligence is to buying out-of-state. I do not invest out of state. I do not invest outside my minuscule target area. I do not have a property manager. I do most of my own repairs. What's a DIY C-class landlord without his paranoia?

    All the same, I know how easily I could have lost money to these crooks. They had the moves down pat. There but for the grace of God go I.

  • Rental Property Investor · Erie, PA · Member since 2018 · 6k+ posts · 9k+ votes
    6y

    The sad part in all this mess is the fact the guy( Morris) could have been wildly successful and built an empire (legally )had he done things the right way he still could have really made a name for himself . His fame his tutorial videos and smooth polished professional demeanor make him a hit . If he was realistic and honest with his investors I’m sure this could have turned out completely different and he’d be resting comfortably in jersey instead of hiding in a remote island on the other side of the world with the blankets pulled up over his head

  • Jay HinrichsBusiness Member
    OP
    Real Estate Consultant · Summerlin, NV · Member since 2014 · 45k+ posts · 66k+ votes
    6y
    Originally posted by @Dennis M.:

    The sad part in all this mess is the fact the guy( Morris) could have been wildly successful and built an empire (legally )had he done things the right way he still could have really made a name for himself . His fame his tutorial videos and smooth polished professional demeanor make him a hit . If he was realistic and honest with his investors I’m sure this could have turned out completely different and he’d be resting comfortably in jersey instead of hiding in a remote island on the other side of the world with the blankets pulled up over his head 

    Dennis I have made the same comment many times.. He Royally screwed up drinking the low end hood houses are great investments for out of state investors.. he screwed the pooch .. no doubt his sales may have been a little bit slower if he just went for higher end but he would have and could have just killed it..  and it would have feed on itself.. happy clients reinvesting telling others etc etc.. one of the biggest MISS I have ever seen in the 20 years I have been funding turn key operators. 

  • Member since 2019 · 94 posts · 75 votes
    6y

    @Jay Hinrichs

    I've got some prime building lots in my (7,000sq.ft. fenced in backyard) in NASHVILLE, TN!!

    I'll sell them to you for PENNIES!!

    Only cause I'm a great person naturally, money would never corrupt me and I wanna share my secret with EVERYONE!!

  • Member since 2019 · 94 posts · 75 votes
    6y

    @Tanner Marsey

    Hey... Go easy on the Nigerian Prince. I like that guy 😁

  • Rental Property Investor · Austin, TX · Member since 2018 · 214 posts · 270 votes
    6y
    Originally posted by @James Wise:
    Originally posted by @Jay Hinrichs:
    Originally posted by @Robert Collins:

    @Jay Hinrichs hi my friend is the video still available if so is there a certain keyword I need to put in search ? 

    well me being un computer tech I watched it on YT but I don't know how to copy it.. or anything like that.

    then Morris filed a complaint with YT and YT took it down..  Jim Wise is now working to get it put back up.. don't really know the ins

    and outs of how YT works.. 

    Robert,

    At the moment no you can't find it anywhere online. My team is in a copyright dispute with Morris and his team right now as there was a phone conversation between myself and Morris in the video. Morris is trying to claim copyright ownership of it which is simply a totally bogus attempt at suppression. I imagine he was hoping that I'd just back down and let it go. He was wrong lol. I have the motivation and resources to fight him in the courtroom if need be.

    He must not have ever really had many (or any) dealings with born-and-bred Cleveland people before if he thought you'd just back down and scutter away with your tail between your legs LOL 

  • WorldWide · Member since 2016 · 1k+ posts · 1k+ votes
    6y
    Originally posted by @James Wise:
    Originally posted by @Jay Hinrichs:
    Originally posted by @Robert Collins:

    @Jay Hinrichs hi my friend is the video still available if so is there a certain keyword I need to put in search ? 

    well me being un computer tech I watched it on YT but I don't know how to copy it.. or anything like that.

    then Morris filed a complaint with YT and YT took it down..  Jim Wise is now working to get it put back up.. don't really know the ins

    and outs of how YT works.. 

    Robert,

    At the moment no you can't find it anywhere online. My team is in a copyright dispute with Morris and his team right now as there was a phone conversation between myself and Morris in the video. Morris is trying to claim copyright ownership of it which is simply a totally bogus attempt at suppression. I imagine he was hoping that I'd just back down and let it go. He was wrong lol. I have the motivation and resources to fight him in the courtroom if need be.

    Did you guys record a song together? lol

    https://www.legalzoom.com/arti...


    "A sound recording is different than a CD, record or tape. CDs,
    records and tapes (known as “phonorecords” in copyright law) are not
    copyrightable because they are not works of authorship – they are simply
    the media on which a work is preserved. To be eligible for copyright
    protection, a sound recording must be an original work – it must have
    originated with the author and it must show some minimal amount of
    creativity."

  • Rental Property Investor · Atlanta, GA · Member since 2017 · 127 posts · 75 votes
    6y
    Originally posted by @James Wise:
    Originally posted by @Jay Hinrichs:
    Originally posted by @James Wise:
    Originally posted by @Jay Hinrichs:
    Originally posted by @Robert Collins:

    @Jay Hinrichs hi my friend is the video still available if so is there a certain keyword I need to put in search ? 

    well me being un computer tech I watched it on YT but I don't know how to copy it.. or anything like that.

    then Morris filed a complaint with YT and YT took it down..  Jim Wise is now working to get it put back up.. don't really know the ins

    and outs of how YT works.. 

    Robert,

    At the moment no you can't find it anywhere online. My team is in a copyright dispute with Morris and his team right now as there was a phone conversation between myself and Morris in the video. Morris is trying to claim copyright ownership of it which is simply a totally bogus attempt at suppression. I imagine he was hoping that I'd just back down and let it go. He was wrong lol. I have the motivation and resources to fight him in the courtroom if need be.

    well in fact if you need to actually get in front of a trier of fact that could be years from now.. so I suppose an alternative delivery method in the meantime if it actually comes to litigation would be necessary we wait too long and folks will forget this whole sad chapter in INdy real estate. and Jacksonville. 

    That length of time a trial would take would actually work in my favor. See the way it works is that after I filed the counter claim with YouTube they need to review it and approve it. If it's approved by YouTube it's going to get shot back to Morris who will be given 10 business days to provide them with a court order banning me from publishing the video. If he can't supply that then it goes back up until he can provide said court order. I of course do not believe he'll ever be able to get such an order as there is no footage in my video that he owns the copyright of. This is why I have not published it somewhere else despite the multiple requests to do so. 

    I looked at the audio recording laws in Ohio and google says it’s a one party consent state.  I believe that means you can record phone calls without permission or notification. Curious James did you tell him you were recording for the documentary?

  • Chris SeveneyBusiness Member
    Moderator
    Investor · VA · Member since 2015 · 21k+ posts · 19k+ votes
    6y

    Definitely following this and waiting to see how it plays out

    7e investments53 Reviews
  • Rental Property Investor · Cleveland, OH · Member since 2016 · 653 posts · 769 votes
    6y

    Don't be surprised when Clayton sends in a bogus court order to keep the video offline even longer. He is a fraudster at the end of the day.

  • Jay HinrichsBusiness Member
    OP
    Real Estate Consultant · Summerlin, NV · Member since 2014 · 45k+ posts · 66k+ votes
    6y
    Originally posted by @Chris Seveney:

    Definitely following this and waiting to see how it plays out

    Maybe all the Scott Carson victims can take a page out of this play book.. 

  • Investor · California, CA · Member since 2016 · 367 posts · 375 votes
    6y
    Originally posted by @Jim K.:

    When it comes to Morris Invest, we have spent months on months discussing in the Bigger Pockets forums on how necessary and important due diligence is to buying out-of-state. I do not invest out of state. I do not invest outside my minuscule target area. I do not have a property manager. I do most of my own repairs. What's a DIY C-class landlord without his paranoia?

    All the same, I know how easily I could have lost money to these crooks. They had the moves down pat. There but for the grace of God go I.

     One unfortunate side effect, is this situation will give some people the impression that out of state investing is always a mistake, and all turnkey providers are crooks.  Both are wrong.  There are plenty of good TK providers, and it can be safe and profitable to invest out of state.  Some fairly basic, common sense precautions will keep you out of trouble.  I am not affiliated with any TK providers BTW. I do invest OOS, and have purchased from a TK provider on one property.   

  • Rental Property Investor · CA · Member since 2018 · 135 posts · 174 votes
    6y

    @James Wise

    Clayton tries to take down a preview...... Realizes that his attempt of taking down the preview ends up being documented and included in the actual movie.

    HAHAHAHAHAHAHAHAHAHAHAHAHA

  • Real Estate Broker · Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH · Member since 2013 · 30k+ posts · 20k+ votes
    6y
    Originally posted by @Pavel Shemyakin:

    @James Wise

    Clayton tries to take down a preview...... Realizes that his attempt of taking down the preview ends up being documented and included in the actual movie.

    HAHAHAHAHAHAHAHAHAHAHAHAHA

     LOL wow. That is probably the best take i've seen on the topic. Not only is that true your comment pointing it out is probably going to be in the actual movie as well lol.

  • Russell BrazilBusiness Member
    Moderator
    Real Estate Agent · Washington, D.C. · Member since 2012 · 17k+ posts · 30k+ votes
    6y
    Originally posted by @James Wise:
    Originally posted by @Pavel Shemyakin:

    @James Wise

    Clayton tries to take down a preview...... Realizes that his attempt of taking down the preview ends up being documented and included in the actual movie.

    HAHAHAHAHAHAHAHAHAHAHAHAHA

     LOL wow. That is probably the best take i've seen on the topic. Not only is that true your comment pointing it out is probably going to be in the actual movie as well lol.

    This right here, just made my day lol.

  • Kathy FettkePro Member
    Rental Property Investor · Los Angeles, CA · Member since 2014 · 100 posts · 180 votes
    6y

    Bottomline:  If there was fraud, he should go to jail. Absolutely. Sadly, this doesn't mean the investors will get their money back. 

    But... did he knowingly do it? Or did his partner defraud him? 

    Maybe I'm in denial, because it's still so hard for me to believe that someone with so much potential would be willing to commit fraud and somehow think he could get away with it - especially when he is so high profile and could have made a fortune doing the right thing. I guess I am still just hoping he was naive, inexperienced and maybe careless, not evil. We shall soon find out.

    God knows I lost lots of money being naive, trusting and inexperienced in the past. I've spent the last 16 years trying to educate myself and others on how to protect ourselves when buying property, whether it's turnkey or otherwise. There are such SIMPLE steps to take!

    When I started, there wasn't much help out there for me. I had to figure it out the hard way. It's amazing to me that today, with all the info available on the internet and here on BP, that some people still take their hard earned PRECIOUS RETIREMENT INCOME and throw it at some stranger. 

    I prefer to think like other countries do - that if you're that careless, you'll just have to pay the price and get back to work - hopefully armed with a little more awareness of how the world works. That's what I've done (like moving on and forgiving myself for losing $150K on that condo in Nicaragua that never got built... I guess I shouldn't have signed the contract after having 2 drinks. lol)

  • Real Estate Agent · Merritt Island, FL · Member since 2017 · 974 posts · 1k+ votes
    6y
    Originally posted by @Kathy Fettke:

    Maybe I'm in denial, because it's still so hard for me to believe that someone with so much potential would be willing to commit fraud and somehow think he could get away with it - especially when he is so high profile and could have made a fortune doing the right thing. I guess I am still just hoping he was naive, inexperienced and maybe careless, not evil. We shall soon find out.

    Some things are mind-boggling. A decade ago a friend was screwed over (unnecessarily) by an investor who was probably an 8-figure guy. I even met that investor and he seemed down to earth. Not too long after screwing my friend over, he did something petty (and illegal) to a tenant who'd had enough of the BS. He went to the investor's office and shot him dead. After that I realized that underestimating stupidity isn't a good thing.

  • Real Estate Broker · Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH · Member since 2013 · 30k+ posts · 20k+ votes
    6y
    Originally posted by @Kathy Fettke:

    Bottomline:  If there was fraud, he should go to jail. Absolutely. Sadly, this doesn't mean the investors will get their money back. 

    But... did he knowingly do it? Or did his partner defraud him? 

    Maybe I'm in denial, because it's still so hard for me to believe that someone with so much potential would be willing to commit fraud and somehow think he could get away with it - especially when he is so high profile and could have made a fortune doing the right thing. I guess I am still just hoping he was naive, inexperienced and maybe careless, not evil. We shall soon find out.

    God knows I lost lots of money being naive, trusting and inexperienced in the past. I've spent the last 16 years trying to educate myself and others on how to protect ourselves when buying property, whether it's turnkey or otherwise. There are such SIMPLE steps to take!

    When I started, there wasn't much help out there for me. I had to figure it out the hard way. It's amazing to me that today, with all the info available on the internet and here on BP, that some people still take their hard earned PRECIOUS RETIREMENT INCOME and throw it at some stranger. 

    I prefer to think like other countries do - that if you're that careless, you'll just have to pay the price and get back to work - hopefully armed with a little more awareness of how the world works. That's what I've done (like moving on and forgiving myself for losing $150K on that condo in Nicaragua that never got built... I guess I shouldn't have signed the contract after having 2 drinks. lol)

  • Real Estate Agent · Keller, TX · Member since 2016 · 65 posts · 40 votes
    6y

    Is he really in Portugal?

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