Mainstay Property Group

[Cindy Grigsby]

Don't walk away....run away. If you are thinking of doing business with these guys and need some advice, pm me for the details of our 6 month fiasco. These guys are smooth/fast talkers. I don't want to talk badly about anyone, but I DO want to help someone else avoid making the same horrible and costly mistake we did, which was working with these guys.

[Jeff Schechter]

I am not defending Mainstay but they do have a fairly decent reputation in our area. We run a Turnkey operation, and see this stuff all the time. Communication from afar, especially when there are other parties involved is difficult. We've sold many a finished property (fully rehabbed, fully inspected, fully tenanted, no trailing meter issues, etc) for FAR LESS than what OOS investors think they can do from a distance. If you don't have the volume of buying power, the in-house crews, the years of experience and relationships, it's going to be hard to do a BRRRR long distance. Yes, there are great e-books out there on how to do this, and the instructions for team-building make sense, but there's a lot of dead bodies out there. It's like telling a stranger how you want them to raise your baby... from 7 states away. There's a LOT that gets lost in translation.