You would need a massive property management company and a lot of tenants to fill all of those properties. Despite the break with Oceanpointe, the Morrises said they had many satisfied customers. When Clayton went to the properties, he was told that a tenant had already been moved in so they could not enter. Lease Purchase, Lease Options, Tax Liens, Notes, Paper, and Cash Flow Discussions, Private Lending & Conventional Mortgage Advice, Real Estate Guru, Book & Course Reviews & Discussions. To settle the charges, Ensign. Morris has been sued by more than two dozen different investors since the start of 2019. 24 talking about this. Turnkey properties are usually houses that are rehabbed, rented out, and ready for someone to buy without much work. The academy's chief administrator, however, emerged unscathed. But here's what you need to know Project OneLife 82 subscribers Subscribe 85 Share 8.5K views 3 years ago This is my limited experience with Morris Invest which. Clayton Morris - From TV Host to Real Estate Scammer. By. Mr Morris has finally informed me that he does not have the money that I wired as specifically directed by his representative. Yes, I have tried to let Clayton tell his side of the story, but he cant. You can see some of his replies, including calling me a mentally disabled person, I asked for clarification, and he would not respond. They do full criminal background checks on potential tenants. Real estate investing, he said in marketing materials, had given him the financial security to quit his 9 to 5 broadcast job. Learn how your comment data is processed. They are focused mainly on Detroit, where they have sold more than 200 homes, largely without the kind of complaints they face in Indianapolis. In our many years of business weve heard many of the same questions over and over again. During our call, well see if build-to-rent real estate can further your financial goals. No one is compelled to buy but when things are misrepresented that is a huge problem. People found Clayton Morris through his Youtube, podcast, or other social media. You would need hundreds of contractors working non stop to get that done. F.B.I. and 2 States Examine Ex-Fox News Host's Real Estate Business His father was a grocer in Portland, Maine, while the mayor's was a bookkeeper for a local dairy company in Medford, Massachusetts. For clients dissatisfied with the work on their properties, Mr. Morris said Oceanpointe had agreed to indemnify Morris Invest against all lawsuits and investor claims. He alluded to his new career in a lighthearted seven-minute video send-off that Fox News put together and that showed Mr. Morris competing in an obstacle course competition and grilling burgers outside the Manhattan studio. Sam Bankman-Fried is a con man and fraudster of historic proportions. Weve helped many people buy their first investment property and weve helped many seasoned investors build their portfolio of properties. A state regulator determined that he had failed to disclose convictions for operating a car and motorboat while intoxicated and, on at least one occasion, had not turned over rent money he had collected for a property owner. One of Mr. Morriss employees, who is also Ms. Morriss sister, told Mr. Gomes that she would be his point of contact for the rehab process, according to an email provided to The New York Times. We like to start by getting to know you better, and invite you to do the same. The company, Oceanpointe Investments, was the seller of the homes the Morrises clients bought, and, according to the couple, it was supposed to do the renovations and manage the properties. I am now a real estate investor and its leading to some other great projects that Im putting under my belt as well., Even though I am a real estate investor in my local market in Florida, Im a wholesaler and wholesaling is the art of finding discounted properties I am actually making a higher ROI but more cash month over month with my Morris Invest properties., The Morris Invest team have been instrumental in guiding me with investing in properties and helping get closer to financial freedom..