Steve Haight/Linda Labbe/Toledo Scam/Seirra Real Estate Services

Steve Haight/Linda Labbe/Toledo Scam/Seirra Real Estate Services

Santa Ana, CA · Member since 2016 · 15 posts · 5 votes

In August on 2017 as a new investor I reached out to BP  wanting to invest in a cash flow, turn- key rental. I was quickly approached by Steve Haight from Las Vegas https://www.biggerpockets.com/co/sh-land-consultin... He wanted my phone number to introduce me to a wholesaler Linda Labbe from Canada. She immediately called and told me of a company that does it all Sierra Real Estate Services in Toledo Ohio. She told me her service was $1000 for the referral. I was then contacted by a Ronald Wilson from Sierra Real Estate Services. I was offered a duplex that would be completely rehabbed in 4-6 weeks it had already been started to be rehabbed and for sure would be done by September. To make me feel more comfortable Steve Haight had a conference call placed with a very happy client to Ron's a Dr. Miller also from Canada, that had bought a large unit Ron was rehabbing for him, he spoke of how he was such a wonderful person to work with etc. So I thought wow this must be real. To make a long story short I was totally scammed, I know I didn't do enough due diligence now, but as being new to it all sounded so wonderful I got caught up in the fever of making a great ROI. We flew out to Toledo in September, the duplex was in Sandusky we were very disappointed so see that very little work had been completed. We were told it would be like new with electrical, plumbing, Hvoc, hot water heaters, paint, bathrooms, kitchens all redone. With a 5 year warrantee if we stayed with their property management.

We have received nothing but lies and deceit, we were bad for being inexperienced and not doing our complete due diligence of the people and the companies. I just want to warn people, newbies about these scams, just because it is on BP don't believe it! I spent money I had saved for years that I will never see again.

I did reach out to Steve Height, he told my husband we needed to join his club in Canada for a mire $2000 and he would be able to help us. I didn't do this we have hired a attorney and are pursuing that avenue. Since it was his recommendation to Linda Labbe who still currently works with Ronald Wilson. The duplex needs to be completely rehabbed. It is not in condition for anyone to live. Please everyone stay away from Linda Labbe, Steve Haight, Sierra Real Estate Services, and by all means Ronald Wilson!     

3Reply
82 views

Most Popular Reply

Investor · St. Thomas, Ontario · Member since 2015 · 692 posts · 312 votes
9y

Be careful of libel. Sometimes investments lose money. Come back and rant about scams AFTER you've been validated in a court of law.

See this reply in the discussion

29 Replies

Jump to latestLatest
  • Investor · Toronto, Ontario · Member since 2017 · 116 posts · 20 votes
    9y
    Originally posted by @Beth S.:

    In August on 2017 as a new investor I reached out to BP  wanting to invest in a cash flow, turn- key rental. I was quickly approached by Steve Haight from Las Vegas https://www.biggerpockets.com/co/sh-land-consultin... He wanted my phone number to introduce me to a wholesaler Linda Labbe from Canada. She immediately called and told me of a company that does it all Sierra Real Estate Services in Toledo Ohio. She told me her service was $1000 for the referral. I was then contacted by a Ronald Wilson from Sierra Real Estate Services. I was offered a duplex that would be completely rehabbed in 4-6 weeks it had already been started to be rehabbed and for sure would be done by September. To make me feel more comfortable Steve Haight had a conference call placed with a very happy client to Ron's a Dr. Miller also from Canada, that had bought a large unit Ron was rehabbing for him, he spoke of how he was such a wonderful person to work with etc. So I thought wow this must be real. To make a long story short I was totally scammed, I know I didn't do enough due diligence now, but as being new to it all sounded so wonderful I got caught up in the fever of making a great ROI. We flew out to Toledo in September, the duplex was in Sandusky we were very disappointed so see that very little work had been completed. We were told it would be like new with electrical, plumbing, Hvoc, hot water heaters, paint, bathrooms, kitchens all redone. With a 5 year warrantee if we stayed with their property management.

    We have received nothing but lies and deceit, we were bad for being inexperienced and not doing our complete due diligence of the people and the companies. I just want to warn people, newbies about these scams, just because it is on BP don't believe it! I spent money I had saved for years that I will never see again.

    I did reach out to Steve Height, he told my husband we needed to join his club in Canada for a mire $2000 and he would be able to help us. I didn't do this we have hired a attorney and are pursuing that avenue. Since it was his recommendation to Linda Labbe who still currently works with Ronald Wilson. The duplex needs to be completely rehabbed. It is not in condition for anyone to live. Please everyone stay away from Linda Labbe, Steve Haight, Sierra Real Estate Services, and by all means Ronald Wilson!     

     That sucks! But as they say when life gives you lemons, make lemonade! Use this experience as a learning one. You will never make these mistakes again!

    I'm from Toronto Canada where are these Canadians located?

  • Investor · St. Thomas, Ontario · Member since 2015 · 692 posts · 312 votes
    9y

    Be careful of libel. Sometimes investments lose money. Come back and rant about scams AFTER you've been validated in a court of law.

  • Investor · Monroeville, OH · Member since 2016 · 43 posts · 7 votes
    9y

    i live 7 miles from Sandusky. Wish you would have contacted me and I could have tried to check out the property for you.

  • Realtor · Delray Beach, FL · Member since 2017 · 102 posts · 20 votes
    9y

    @Beth S. sometimes an internet search will produce results. That is the first place I turn to when things sound too good to be true.

  • Investor · San Jose, CA · Member since 2017 · 343 posts · 102 votes
    9y

    @Michael Lopez- Agree 200% learned hard way after loosing money small amount but still significant and hard earned. @Beth S.- Sorry for your loss but thanks for sharing, I hope other desperate CA investors are reading. Another OH TK response was good enough for me to run away.

    "I spoke to ABC and found out that our inventory is sold out for the next four months. I apologize for any inconvenience this may have caused, but we likely won't be able to assist. "

    Good Luck

    Vivek

  • Wholesaler · Vickery, OH · Member since 2017 · 7 posts · 6 votes
    9y

    As a representative of Sierra Real Estate Services I would like to clear up these accusations.

    Beth and her husband purchased a property that was currently under renovations, and when they arrived to see the property made numerous changes to the renovations and fully expected the price to remain the same. We have also went above and beyond with city and zoning officials to try to rectify the zoning of the property to keep it zoned as a duplex residence, which the city changed after the purchase and without notice, and at no additional cost to the owners.

    When Beth and Chris were still unhappy we offered to help sell the property without any fees, and when we found a buyer, the buyer wanted other changes done and work was halted until closing took place, of which all parties were aware of.  Beth and Chris then changed the contract at the very last moment and the deal fell apart, we offered to go back and complete the original contract and none of the extra that was added, which we were denied. 

  • Investor · Doha, Qatar · Member since 2016 · 11 posts · 6 votes
    9y

    Thank you for sharing your experience.An eye opener for us

  • Rental Property Investor · East Wenatchee, WA · Member since 2014 · 10k+ posts · 16k+ votes
    9y

    If a Vegas 'finder' who, for a fee, sends you to a Canadian wholesaler who has a lead on a TK provider in OH who didn't do work months in the future...

    I've never given out my number on here. When people 'reach out' only to PM or call them while offering you no value - stay away. Rats that prey on new people are just that and it's sad.

    Shortcuts cost. The Sierra rep sounds reasonable. I assume you meant in August of 2016? Sorry this has happened to you. Please keep us posted.

  • Real Estate Broker · Naples, FL · Member since 2013 · 9k+ posts · 6k+ votes
    9y

    Investing in anything can be perilous. You cannot believe other people in many instances. And I question why you are paying referrals? Is that person licensed. There are many scammers brokering real estate without a license. Anyways, to your original post: I agree with another poster about putting info on the net UNLESS vindicated in a court of law. I made a BAD error in judgement and dealt with a BP poster. After they had my money, it became clear they were close to penniless. I ended up taking the property back through a DIL. As part of the agreement, I signed a ND agreement. It only benefits them, and not me. They don't want people to know how they do businesss!  The important factor for me was not losing any money and severing myself from these "investors" that appear to have nothing. So, I did get the property under my control, and have no worries dealing with idiots that cannot even afford to keep their phone turned on because they are more concerned with free minutes than running their business. So, as the OP posted, I too made an error by trusting someone whose posts appeared here regularly. Familiarity does not mean trustworthy, nor competent. Take this as a learning experience! We all have that opportunity, just don't waste it:)

  • Engelo RumoraBusiness Member
    Investor · Toledo, OH · Member since 2013 · 4k+ posts · 2k+ votes
    9y
    Originally posted by @Vivek Khoche:

    @Michael Lopez- Agree 200% learned hard way after loosing money small amount but still significant and hard earned. @Beth S.- Sorry for your loss but thanks for sharing, I hope other desperate CA investors are reading. Another OH TK response was good enough for me to run away.

    "I spoke to ABC and found out that our inventory is sold out for the next four months. I apologize for any inconvenience this may have caused, but we likely won't be able to assist. "

    Good Luck

    Vivek

    Hi Vivek,

    This is the second time I have seen your post on Bigger Pockets about my company.

    What are you trying to achieve here?

    Lets open the books

    Did you invest with us? "No"

    Did you loose money? "No"

    The "ABC" you keep referring to is me and I have no problems letting people know who I am as my company Ohio Cashflow nor myself did nothing wrong.

    We simply told you that we are out of inventory and won't be able to take you on as an investor.

    There are many other markers and providers nation wide so by all means "run" to them.

    Thanks again for your interest and much success with your endeavors.

  • Investor · San Jose, CA · Member since 2017 · 343 posts · 102 votes
    9y

    @Engelo Rumora - Any reference to you or your company on BP is purely coincidental. Thanks for reference to other providers and markets.

    Thanks

    Vivek 

  • Engelo RumoraBusiness Member
    Investor · Toledo, OH · Member since 2013 · 4k+ posts · 2k+ votes
    9y
    Originally posted by @Vivek Khoche:

    @Engelo Rumora - Any reference to you or your company on BP is purely coincidental. Thanks for reference to other providers and markets.

    Thanks

    Vivek 

    No problem at all mate,

    I'm wish it was more of a direct approach as I'm always happy to "man up" to any mistakes we make when justified.

    I also like to protect our reputation fiercely if I believe we did nothing wrong so forgive my bluntness.

    We make more mistakes than anyone can imagine but with over 4 years in the business now our reputation is one of the best in the business as we always make good on our promise.

    Have a great day

  • Sherman Oaks, CA · Member since 2013 · 3k+ posts · 2k+ votes
    9y

    What I have seen is some bpers will take advantage of a newbies misunderstandings about investing. This is actually quite common unfortunately. It comes in many forms and sometimes the realities of many risks are not disclosed. If someone says they have vetted a location or property or company and are just getting a referral fee for their part...actually if legally pushed they could also be legally liable if that investment is not represented accurately by anyone else involved from that point.  

    Good luck! 

  • Contractor · Los Angeles, CA · Member since 2015 · 887 posts · 323 votes
    9y

    Interesting thread... @Beth S. I would like to hear from you to Sherri's response. 

     @Engelo Rumora Good for you! I too hold my name in high esteem. My real estates goals include giving back but they are also for my family and I can't have that either. 

  • Engelo RumoraBusiness Member
    Investor · Toledo, OH · Member since 2013 · 4k+ posts · 2k+ votes
    9y

    Thanks @Account Closed,

    Reputation is the only thing we have and once you loose it. It's gone forever.

    Much success

  • Las Vegas, NV · Member since 2014 · 732 posts · 137 votes
    9y

    There are a ton of newbies here on b/p. Some of us experienced investors that have done hundreds of deals are here to "pay it forward "and not concerned about compensation. Just because someone gives you a connection is only the start of things and up to investor to do is own du diligence. Again there are always two sides of a story and when things go wrong fingers start to get pointed. Warning to newbes, be carefull what you post on these forums you could have more problems with slandering your fellow investors that are trying to help you and that could create more problems then the house deal that started all of this.

    Happy Investing 

  • Toledo, OH · Member since 2017 · 1 post · 1 vote
    8y
    Beth S. I so happen to know all about this property you are talking about in Sandusky I was a contractor on the job
  • Wholesaler · Vickery, OH · Member since 2017 · 7 posts · 6 votes
    8y
    Hello Dave, I’m sorry you must be confused you were only an independent contractor for us for about 2 months and it was long after what Beth was speaking about.
  • Member since 2018 · 1 post · 0 votes
    8y

    Hi beth, Can you please confirm that your issue with Sierra has been resolved ? Are they scammers? 

  • Santa Ana, CA · Member since 2016 · 15 posts · 5 votes
    8y

    Hani just a update I paid $50,000 for a duplex in Sandusky, was supposed to be turn key. I had a contract that was never fulfilled. It was uninhabitable, sold it walked away with $7000. You be the judge, the reason I retracted the above is I was told by my attorney working with Ron's lawyer that if I did that they would return some of the money they had put aside for the rehab (that wasn't done) that never happened. That's the truth plain and simple. And I am not the only one.

  • Wholesaler · Vickery, OH · Member since 2017 · 7 posts · 6 votes
    8y
    Hani, I can assure you what Beth says is not true. With any contract when a client changes it or adds to it the price changes. I can also assure you there is legal paper work, along with a non-disclosure agreement, which Beth I can assure you we will be speaking with our attorney.
  • Jay HinrichsBusiness Member
    Real Estate Consultant · Summerlin, NV · Member since 2014 · 45k+ posts · 66k+ votes
    8y
    Originally posted by @Steve Vaughan:

    If a Vegas 'finder' who, for a fee, sends you to a Canadian wholesaler who has a lead on a TK provider in OH who didn't do work months in the future...

    I've never given out my number on here. When people 'reach out' only to PM or call them while offering you no value - stay away. Rats that prey on new people are just that and it's sad.

    Shortcuts cost. The Sierra rep sounds reasonable. I assume you meant in August of 2016? Sorry this has happened to you. Please keep us posted.

    agreed seems like more than a few hands in the cookie jar for a simple turnkey duplex..  

  • Wholesaler · Vickery, OH · Member since 2017 · 7 posts · 6 votes
    8y
    Jay, They are new investors, and didn’t fully understand how things work. Also, clients knew before purchase the property renovations were not complete, which means it is not a turnkey, also walking thru the property and seeing it not completed and also adding to and changing the contract also says it’s not completed.
  • Investor · Bormla, Malta · Member since 2017 · 21 posts · 3 votes
    8y

    In October 2017 I bought a property and hired Sierra Real Estate Services for the management.

    I had the title company issue a check with county tax money, tenant money and my excess money, to them.

    According to the title company, Sierra picked the check up on November, 22 afternoon; the check was cashed on November, 24 (23 was a holiday).

    When requested for the balance in March 2018, Sierra did not know about the check. I personally handed them its image (provided by the title company) on April, 20. They said they would verify with the bank whether they had cashed it or not.

    Two weeks later they did not know.

    I asked again many times, got no reply; as of today I still know nothing, and it seems strange to me that a US bank takes all this time to verify.

    Sorry for the off-topic, but I saw that Sierra reads this forum and hope for a reply from them.

  • Andrew FidlerBusiness Member
    Real Estate Broker · Toledo, OH · Member since 2011 · 384 posts · 434 votes
    8y

    @Paolo F. 

    https://www.com.ohio.gov/documents/real_COM3688REC...

    The Ohio Board of Realtors and Div of Commerce has a complaint process...I'd consider using it along with consulting with an attorney (I can recommend one who has dealt with Sierra Realty recently).

    If a real estate professional has stolen or defrauded then they should be publicly held accountable and there is a due process here in Ohio to initiate that. 

Join the conversationCreate a free account to reply, vote on answers and follow this thread.