I have also done a lot of research into the allegations since I had a lot of feedback from my listeners and audience after these interactions with Clayton. Have some class. What works best for one client might not work best for another. We find, fix, fill and manage great properties while you see amazing returns on your investment. Take the First Step. They offer a number of educational products such as blogs, YouTube videos, and podcasts.. The site describes a conversation that Mr. Morris said transformed his life: He was seated next to real estate investor on a trip to New Zealand several years ago, and learned the man and his wife were on a two-month vacation after making money acquiring homes, fixing them up and renting them out. I am the founder of InvestFourMore, Managing Broker of Blue Steel Real Estate. Compl., ECF No. Copyright 2019 InvestFourMore. Someone mentioned how great Clayton was on my Instagram page, and I cautioned them to be very careful because of all the lawsuits and fraud allegations. They are often bought by long-distance investors who never see the properties and cannot keep track of them. Join hundreds of investors earning thousands in passive income each month. The pitch was simple: Give Morris your cash, and hed take care of the rest. Legal Name Morris Invest LLC. I ask Clayton very nicely to answer some questions or to do an interview with, me and he never responded. Morris Invest's phone number is (862) 216-5597 What is Morris Invest's official website? RENTAL REAL ESTATEDONE FOR YOU. The relationship formally ended in May. There are also a number of threads on Bigger Pockets that go over what happened to investors. He is not wrong in that he is owed work done. What works best for one client might not work best for another. If you continue to use this site we will assume that you are happy with it. However, he would not answer some very easy questions I asked him, and there are a ton of holes in his story. Morris Invest helps you reach financial freedom through real estate investing | Morris Invest is a comprehensive properties investment firm, specializing . The 8th episode of The Landlords From Hell Show explains how the Clayton Morris vs. Holton-Wise lawsuit shook out now that the case is over. START INVESTSING NOWhttps://visitor.r20.constantcontact.com/manage/optin?v=0014No5iJxuS6_2LK2eOy-Z3Z8vPo6Ue70Rgz1-JsiLcXs0fN-XvNrjAO-yqQL-PtgHzJuJxrySoTtSnSJbj_4me2y5LCAFQZqrI2jvtdZMLw6fXtLSIcFGLMD6ndU_hwunjZ_uoFnqILa2IoEXHuxSazyHx_wm65On MENTIONED ON THE SHOW BUY THE TOILET PAPER T-SHIRT HEREhttps://teespring.com/clayton-morris-toilet-paper-w?cid=2397\u0026page=1\u0026pid=2\u0026tsmac=store\u0026tsmic=holton-wiseFox News Anchor Clayton Morris A FRAUD? Yes, I have tried to let Clayton tell his side of the story, but he cant. The state attorney general is now reportedly investigating the scheme. I didnt have to do anything but sign papers. Yet, he is found replying to a, Clayton knew there were issues very early on and continued to refer people to this company for years, The main contact person for many investors was Nicole Meckley, who investors thought worked for Ocean Pointe, Nicole Meckley was sending pictures or rehabs, contracts, repair progress, leases, and more to investors after they bought properties, Nicole Meckley is Clayton Morriss sister and never worked for Ocean Pointe, only Morris Invest, Clayton posts a message on his site saying they are still working with Ocean Pointe and everything should be fine on May 1st, 2018, Clayton posts a message on his site that says they just learned of the issues with Ocean Pointe and will stop using them on May 8th, 2018, Clayton gets sued by many investors in 2019, Multiple articles published talking about Clayton Morris and the fraud he may have committed, including the New York Times. A house was supposed to have been built on the site, according to court documents. The controversial trading app. My question is: did they not learn from what happened before, I mean assuming they had no idea what was going on with the properties as they claim? I have also seen Clayton say he learned of the problems in early 2017, in middle 2017, in late 2017, in early 2018, and in mid-2018. How Much Money do Real Estate Agents Make? He has also been accused of scamming hundreds of investors by selling properties that were not rehabbed or even built in some cases. He approached me to be on the show and gave me his background as a Fox News host and real estate investor. We had no part in any theft from this complainant and have dozens of purchases in the exact same position, unrehabbed and unbuilt. An email sent to one client who signed up last year summed up the pitch: Are you working LONG hours but never quite able to get ahead? More From Mary Plunkett Clayton posts on his own site how he found out about the problems in 2017 (contradicting himself), turned in the company to the authorities, and his own family was taken advantage of, even his own mother who had to take a loan out to pay $10,000 in back taxes. Schedule a quick phone call with our team so we can learn about your investment goals. Mr. Morris is inviting investors to follow in his footsteps with a nine-session online program at a special introductory rate of $697. The program offers a proven system for building wealth, guaranteed, according to its website. He disputed the suggestion that the indemnification agreement held Oceanpointe solely responsible for problems with the selling of the homes. Even if Clayton is completely innocent, he had to see an issue with trying to buy, rehab, and rent out hundreds of properties a year. Is this FRAUD?. A lot of turnkey companies will discourage you from inspecting properties because they already did.. The Morrises said they would not have gotten involved with Mr. Whalen had they known that Indiana regulators moved to deny a renewal of his real estate license in December 2015. Morris has been sued by more than two dozen different investors since the start of 2019. Would that not set warning signs off in his head that every property that was reported to him as having a problem had new tenants with the same shades up? More recently, hes touted a stock connected to the financially hopeless, ecologically ruinous Pebble Mine project in Alaska as Trumps Gold. Since the 2018 midterms, Stansberry has also begun using caricatures of Rep. Alexandria Ocasio-Cortez (D-NY) to hock his investments advice. Some of the homes Morris induced people to buy with the same slick, simple presentation he made on Fox & Friends in December discovered their investment properties had been condemned as unlivable. Learn how your comment data is processed. Vacant lots sold on the expectation of new homes being built are strewn with trash. Log into your account. Public education on self-direction is lacking but our team is committed to changing that awareness. The academy's chief administrator, however, emerged unscathed. Until then, he believed the house was being rehabilitated, work he paid for when he bought it. They have put their own home up for sale, in part out of concern for their safety. )They will also send you a copy of the tenant lease agreement. We build new homes in the best rental markets and help you finance, fill, and manage them. These scam allegations against Morris Invest as well as many interviews with alleged victims of Clayton Morris where covered at length here on HoltonWiseTV. Danny Gomes, a real estate agent from Redding, Calif., sued Morris Invest separately after, he said, he lost $52,000 on an Indianapolis home he bought last year, just days after it was largely destroyed in a fire. Morris' personal life is the story that just won't go away. "It's a bit like history repeating itself . This provides the opportunity to move forward with building a large-scale rental real estate portfolio. Submitted: Sat., August 20, 2022. im not sure why it is sad; but nobody is compelled to buy gold, and it is still up to the individual to exercise proper diligence or simply gamble on whichever company he promotes. No one was taking care of the home.. From resources to get started to the latest market data, find what you need to keep growing. Get unlimited access to tools and resources that make it easier to find, analyze, and manage deals with confidence! Mark started Blue Steel Real Estate, a real estate brokerage in 2018. We are spending hundreds of thousands of dollars in legal fees and man-hours to find solutions for this complainant and others despite the fact that we neither sold him the property nor ever had possession of his rehab funds. As a full service company we are able to provide you with a connection to these lenders that offer competitive terms. Some are associated with Bank Rossiya, a lender widely known as "Putin's bank," while others ultimately belong to members of his inner circle. Weve helped many people buy their first investment property and weve helped many seasoned investors build their portfolio of properties. We operate in a few states like Texas and Tennessee, but our field team is always analyzing markets. Not to mention he called me mentally disabled, which is just wrong on so many levels. Even after the Tulsa allegations, Mysonne shouts out Jay. By Angelique Jackson. Here is what we do know: The reason I do not buy Claytons story is that he was commenting about, and in my opinion, well aware of the problems with the properties and lack of repairs in 2016, if not sooner. Im fixing to get 2 more and do at least 1 a year. As soon as we know where youre at (from newbie to seasoned pro) and what youre working with, we can guide you on the best course of action so you reach your goals faster and with less hassle. You don't have to go out and search for a house. Clayton Morris, a former Fox News host and Philadelphia native who grew up in Berks County, has moved with his family to Portugal as he and his wife face multiple lawsuits over claims they purposely defrauded investors in what has been described as a Ponzi scheme. Dont rely on reviews from their sitecheck the BBB and third party sites. You can even order a BPO (. Lease Purchase, Lease Options, Tax Liens, Notes, Paper, and Cash Flow Discussions, Private Lending & Conventional Mortgage Advice, Real Estate Guru, Book & Course Reviews & Discussions. The questions I asked him over and over were: Here is a small sample of what was said publically on Instagram: He refused to answer these very simple questions over and over. I will show these interactions and talk about why they convinced me that I would never, ever, buy from Morris Invest and I would never personally trust Clayton. Morris Invest's headquarters are located at 235 Main St 194, Madison, New Jersey, 07940, United States What is Morris Invest's phone number? BBB reports on known marketplace practices. We select a property for you from one of our great rental markets as soon as one becomes available. FAQs How does your process work? Many of the properties in Indianapolis were bought for $10,000 to $20,000 and sold for $50,000 or more. We offer conventional financing, portfolio financing, International financing, IRA financing, and non-recourse financing. Grifting off a conservative audience with little financial sophistication or experience of investing is something of a time-honored tradition in the conservative media world. Investing. The rent comes in for a few months, but then it stops. Another of the Indianapolis homes that Mr. Morris's company, Morris Invest, sold as investment properties. I think we all know why he refused to answer them. The Morris Meltdown. BBB Business Profiles generally cover a three-year reporting period. The investor becomes more worried as the delays continue and communication is poor. The couple said they had lost hundreds of thousands of dollars on homes that they and their relatives bought from a property-management company that was one of their business partners in Indianapolis. Clayton Morris founded Morris Invest around a simple three step wealth plan. Wednesday, February 3, 1999; Page C1. Join hundreds of investors earning thousands in passive income each month. Join the hundreds of investors we've helped earn thousands of dollars in passive income this month. RENTAL REAL ESTATE. Schedule a quick phone call with our team so we can learn about your investment goals. Shortly after he was a Fox News TV personality and just before he became the host of Morning Invest, Clayton Morris was involved in some of the most notorious turnkey real estate investment scam allegations that the turnkey real estate industry had ever seen. - Landlords From Hell 2 (Trailer) - This Is #HoltonWiseTVhttps://youtu.be/zQ1KAlDKUQEIs Fox News Anchor Clayton Morris a Fraud? Our goal is to create the best possible experience for our clients. On top of that, the rehab costs were added on, which could be $5,000 or $20,000. He was told he couldnt see properties because they were already rented out with black shades up. Larry McLeskey and his wife bought this Indianapolis house. But it would be another few months before an Indianapolis Star investigation blew the lid off the thing, and the New York Times published its own lengthy look at what Morris and no-longer-licensed realtor Bert Whalen had been up to. He has made a name for himself on YouTube as a real estate educator, but he has also been in the news for his company Morris Invest, which has been accused of fraud and had multiple lawsuits filed against it. Getty Images. This also allows us to offer more services and benefits to our clients without charging additional fees to have access to our team and products. ET Monday on HBO, is . When did you first start referring people to Ocean Pointe? As scandals go, this one pales next to the Star's bimbo eruption four years ago, Gennifer Flowers, who alleged a 12-year affair with Clinton. Each of our markets are studied for at least 12 months prior to beginning our lengthy development process. In some cases, the investor was to pay from $5,000 to $20,000 to have the property remodeled before it was marketed to be rented out. Morris Invest is the best. Morris Invest helps educate potential real estate investors how to get started in rental real estate. The summer before he pitched his passive-income rental speculation work on Fox News, specialty real estate websites and message boards had begun lighting up with worrying reports from people whod invested in Indianapolis rental market. Wouldnt he dig a little deeper if hundreds of people were complaining and not just assume everything was okay? *********** ******** ********** sold this property and is responsible still for this rehab. Mr. Gomes at his home in California. We hope he finds comfort in that humor and remain committed to finding solutions for us all.. He has posted so many different things and given us so many different timelines it is virtually impossible for him to answer questions or he will incriminate himself. Notice that one of them is a vacant lot. But Morriss Indianapolis version of a turnkey scheme veered in the opposite direction, according to documents filed in 25 separate lawsuits. It was instant cashflow. When Clayton went to the properties, he was told that a tenant had already been moved in so they could not enter. Clayton Morris, a former "Fox and Friends Weekend" host, at his. Maybe, but why did people who worked for him continue to communicate with investors and Clayton himself communicate with investors well after the sale of the properties if he was only getting a referral fee?
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