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Updated almost 8 years ago on . Most recent reply

User Stats

586
Posts
418
Votes
Luke Miller
  • Investor
  • Front Royal, Va
418
Votes |
586
Posts

A good reminder to always to due diligence when investing

Luke Miller
  • Investor
  • Front Royal, Va
Posted

This is unfortunate for all investors, but especially those in Denver and around Colorado. Wholesalers and marketers get lumped together when crappy operators like this do business. We Buy Ugly Houses didn't do anything wrong here, but that's not what the headline leads you to believe. 

http://www.denverpost.com/2017/06/22/colorado-we-buy-ugly-houses-franchisee-guilty-federal-charges/

Most Popular Reply

User Stats

586
Posts
418
Votes
Luke Miller
  • Investor
  • Front Royal, Va
418
Votes |
586
Posts
Luke Miller
  • Investor
  • Front Royal, Va
Replied

Nice find, @Christopher Phillips! Looks like she tried to grow too quickly and took on a bit too much debt. 

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