Morris Invest and Oceanpointe Rehab Issues May 2018

[Account Closed]

I want to warn people from investing with Morris Invest, et al. I started with two properties to check them out and both properties were not renovated (at all or fully). Please see the review of my "renovated" duplex at https://www.youtube.com/watch?v=z0jXyRHrbYo. They are now ignoring me and will not work with me to fix it.  Please see Son Doan's channel at https://www.youtube.com/channel/UCdvDrBVhdgroJ866HgeMslw for reviews of their rehabs as well.

[Jay Hinrichs]

Mr. Glover  I think the public many times does not under stand that wire fraud also is the dissemination of false information in marketing.. and as you can see this is the case here..

not to mention many have wondered how Mr. Morris who is appears is not even licensed to sell real estate is getting away with this in multiple markets.

Along with what is from again what others have posted about just out right theft of rehab dollars.

Not to mention the gross misrepresentation of the neighborhoods etc etc.

It was bound to happen that someone of your back ground or some other folks would not take this lying down.

Some on Bp posted hey this is a learning experience etc..

We all know that real estate runs risks.. IE bad tenant etc.

but this is far more complex than that.

And when you have owners who for a good length of time were receiving rent only to find out their homes were in fact vacant or had squatters in them.. that reeks of a Ponzi type situation.

Also when you do your digging .. another critical element is that it appears through Morris or oceanpointe direction the title company used OP address as the return address for code violations etc.. so it was easy for them to sell vacant shells pay rent on them.. then pocket the code violations and the owners who never set foot or would set foot in Indy had no clue anything was wrong..

I have seen this play a few times in my career but this is one of the worst violation of the public trust I have ever seen.

And for Mr. Morris from what others have said to send out an e mail and say he is just learning of this.. Well these threads on Morris have been going on since about the time he did a BP pod cast.. and others were complaining so from what I read on BP Mr. Morris was aware of this for at least 12 to 18 months.

I do business in Indy and one of my clients said he was contacted by Morris who was expressing his concern over these issues and that again was at least 18 months ago..

you will see the same Issues in Jacksonville FLA as well but not quite to the extent..

Its really something.. how his on line persona and podcast hit on an investing nerve at that 50k mark..

but millions are going to be lost here..

As I stated simply a violation of the investor publics trust and just plain American Greed.. which is where we will probably see this end up  ON TV...

Thanks for jumping in.. and I wish you the best in your pursuit of justice in this matter.