All Forum Posts by: Jeffrey C.
Jeffrey C. has started 1 posts and replied 13 times.
Thank you Aram. A little similar, but my loss is much bigger.
Thank you Chris Clothier.
Those are my speculation from the communications with MI. But you are right. It can be a scam if CM knew the problems but still tried to sell the properties to people.
Yes, Son D.
MI acted like they are a very good turnkey company, a vendor and always bragged they have a very good team etc. When the problem comes, they just tried to drop all burdens, and suddenly it turns out they are in the middle, only charge referral fee.
Post: Morris Invest and Clayton Morris Review
- Posts 14
- Votes 11
Yes, be very careful to buy the properties from Morris Invest. The properties I bought are total garbage and the renovation promised never happens. I unfortunately fall in the trap. Please reach out to me if there is a class suit.
Post: Morris Invest company
- Posts 14
- Votes 11
You are smart to come BP. Please read my post "Story with Morris Invest". Make your own judgement if you want to avoid them.
Post: Morris Invest Case Study 2.0
- Posts 14
- Votes 11
Be careful to work with Morris Invest. I am the victim of them. Read "Story with Morris Invest" on BP please. Make your own judgement if you want to work with them. By the way, Tyler helped me to find IPM, IPM and their owner Todd and Derek helped me a lot.
Yes. Same thing happened to me. Somebody suggested to connect with Colin Zhu. I haven't got response yet. Please see "Story with Morris Invest" by me. We should support each other to find out the solution.
We need to leave some messages under the podcasts leading to Bigger Pockets. Let people search Morris Invest and make their judgement.
We once negotiated with Morris Invest for the return of referral fee since they didn't do their due diligence and manage a very poor sale process. They earned countless referral fees maybe million (just guess, hundreds of investors, how much each house?). It seems they don't think they did anything wrong and have zero willingness to compensate us. We just have no idea where their confidence comes from.
We would say we were stupid from the beginning because Clayton taught great things and he brought family on Podcast, which earns our trust. However, a person good at talking isn't equal to good at doing. We believe his initial may not be bad and but he became greedy when so many people were affected by his podcasts and find him to buy properties.
It is kind of hungry strategy. As said above, we were stupid, the properties were gone too fast, so we kind of jumped to the properties we like right away. You should never pay the full amount if the rehab is not properly done. This is a painful lesson.