All Forum Posts by: David Riska

🔥 STEAL ALERT! 🔥
This beautiful .17-acre partially cleared lot on Marjak Lane is priced to MOVE fast — perfect if you want instant equity without the typical land headaches.

📍 PROPERTY FEATURES:

✅ Partially cleared – SAVE thousands in land prep!

✅ No HOA and no build time restrictions

✅ Zoned flexible – occasional RV use, future home, or hold as an appreciating asset

✅ Paved road access in a peaceful country setting

✅ Minutes to lakes, parks, and less than 1 hour to beaches, Disney, Gainesville, and Jacksonville!

👉 Nearby lots are selling for $12,000–$15,000+ — and they usually need clearing!

👉 You’re walking into instant equity from day one.

👉 No waiting. No financing headaches. Just own it outright.

🌟 Huge savings — under $8K for a partially cleared Florida lot - ready to use for camping or RV

🌟 Super low property taxes (~$52/year!)

🌟 Flexible use — camp/RV, build later, or simply hold and let it grow in value

🌟 Land is disappearing — and prices are only heading UP in Florida

• Size: .17 acres

• Power: Nearby (needs hookup)

• Water/Sewer: Well and septic needed if building

• Flood Zone: ❌ No

• Wetlands: ❌ No

• Taxes: ~$52/year

• GPS Coordinates: Available on request
  

At $7,997 for a partially cleared lot ready for your RV basecamp, future build, or legacy investment — this is a rare chance to snag land in a booming area for a price that’s almost impossible to find anymore.

📲 Ready to lock it up? First to pay wins.

Stacey Riska
Green Acres Land Group
📧 [email protected]
📞 (240) 509-0003

I appreciate the feedback, seems pretty much as I would have expected. Definitely seems like a good bit of compliance and health regulations i's and t's to dot and cross.

Has anyone considered converting their property to a Residential Assisted Living home?

The other day I came across what seems like a really good concept, Residential Assisted Living. I am looking for some feedback from anyone who is doing/has done this. Seems like the cash flow opportunities are fantastic.

The concept is to convert a single-family home into a multi-Tenant senior living facility with 8 to 16 unit rooms staffed with a home director and care assistant(s) to assist seniors with their needs. Not for seniors who are not self-sufficient and require a nursing home.

Thanks for any feedback.

If you are interested, I can put you in touch with a company that organizes and finds appropriate types of properties for this need.

Helping another RE Investor friend with limited access to capital look for hard money or an investor for a second fix and flip property in the Aurora, Streamwood, Elgin, IL areas. Welcome any suggestions. Thanks.

Hey, just got this forwarded to me from a friend. Honestly, I can't fully decipher it, but it is on the Morris Invest blog for those who might be affected.  You would think they would email it to their customers/clients. I never received this in any of my communications that I am aware of with the Morris/OP.  It does include contact information:

https://morrisinvest.com/blog/2018/5/1/a-statement...

@Andrery Y. That is correct. Only by finally sending out a local real estate agent did I find that the property is tenanted.  Again not sure this a true tenant with any agreements with OceanPointe or not, maybe a squatter. I have zero communications/rents from OceanPointe on this property.  The response from Morris was something to the effect where they had others as well where the properties were rented like this one and rents were probably being paid to the wrong entities by OceanPointe.  Back to my previous comments about this being far from anything close to Turn Key on this property.  I have not received an update on this issue from Morris since, although I have expressed twice the severity of this, but that likely plays into some prior threads here that Morris/Oceanpointe may no longer be permitted to do PM work in the state of Indiana, thus no info.  Going to Indy in 2 weeks to attempt to straighten this mess up.

Just want to add to my Morris/OceanPointe adventure. That is truly turning into a large mess. First I want to reach out to @Joel Wilmoth at the Wilmoth Group for his great advice on property management issues in Indianapolis for others who might be in a similar situation. Also, again thanks to all others from Bigger Pockets with your great advice thus far as well.  To add to the details of my second purchase, yes, Morris Invest has been trying to hand me over to a newly formed entity called Blue Sky. So based on this experience on this second property thus far, and the short cryptic communications I am receiving, there is no way at this point I am just ready to dance with this new entity. Although in some capacity, they may be trying to make this mess right, from the early correspondence from Morris/Blue Sky it's almost as if they want to just take over the property management, and not deliver what was promised and call it good. I have received nothing concrete from them in writing on a solution to this point after several weeks of communications.  More just hang in there until we get things together here.

So I hired a local realtor to go look at my second property, and low and behold they find it tenanted already. Lockbox broken open, no key. From the photos provided, it appears at least from the outside, none of the promised rehab from the Morris purchase was completed. I have zero correspondence from Morris/Oceanpointe that a tenant was ever placed in this property. I have owned the property since last December, and I can say to this point I have not received any rents/security deposits at all on this property. So not really sure if the tenant is a squatter or a real tenant. If so they are schooled in the ways of Oceanpointe since they mentioned their name several times in the conversation with the realtor. 

So far on this second property, this is not even close to a Turn Key Real Estate Investment that Morris Investments nationally and internationally advertises on their podcast and literature. In some fairness, at this point, I am in correspondence with Morris Invest, and have sent a final correspondence to them to make good on their promises. I will write back again as things unfold.

Caleb, thanks for the reply.  Yes, I had a local real-estate friend in Indy actually confirm there was a tenant, although I never saw and actual lease from OP.  

So you can likely add me to the list of those who may have been duped by Morris. I actually purchased my first property in 2017 that was in need of some fairly minor rehab, which to Morris's credit was completed. Although I had to have some local real estate friends stop by a couple times to check on the rehab. The place was eventually rented and PM'd by Oceanpointe. All seemed to be going ok for a few months, so I stepped in and purchase a second property the end of last year.  

The second property was previously rehabbed a few years back, so again just needs some basic rehab.  Now, 4 months later, I had little to no communications from Oceanpointe, although I was in regular contact with the Morris team, which were at least responsive, but could provide no insight to when the rehab work on the property might even be started much less completed.

I was just recently asked by Morris to switch to the new PM company, and given a promise they would get my rehab moving and the property eventually ready for rent.  So here is the fun part, now the rent checks from Oceanpointe have stopped coming on my first property.  

I want to thank all on this forum for the great advice on how to proceed with this potential mess.  I will fill everyone one in on the remainder of this journey with these properties with Morris as it unfolds.