Has anyone invested in any of the EquityBuild properties?

[John Hatfiled]

Hello everyone. New the site, but not new to investing. A colleague of mine has made  investment in two properties held by EquityBuild and has been pleased with his experience. I am considering investing in a 16-unit mixed use building of theirs and was curious if anyone else here had considered this property or had worked with them already. I have most multi-family housing in my portfolio, but recently have done some smaller retail investment - so this deal looks interesting, but I have never done a mixed-use property. Any advice on this specifically? This is the property: https://equitybuild.com/eb-properties/multifamily-rental-properties-commercial/property/2453-East-75th-Street-Opportunity----16-Unit-Mixed-Use-Building-183

[Lindsay Hirsch]

@Shaun Cohen,

I have read your message multiple times, and I have internalized it thoroughly. My father was an outgoing and generous individual. I have no doubt you had personal conversations with him and that he called your dad “Dad.” He called his local Caribou Coffee barista his “brother.”

If my father was such a close “family” member to you, I question why this is the first time I have heard from you – or anyone at EquityBuild or City Suburban Title – since his passing three and a half years ago. In part of the message you removed from the public you state that you “are at least in part the cause of [your] father no longer being here.” If this is the case, whether or not you knew the cause, why did it take three and a half years and several blog posts for you to reach out to me? If you couldn’t make the funeral for your “family” member, sending even a card would have proven your point that you were genuinely so distraught when my father passed.

Furthermore, I have been notified that you messaged the Community Manager on BiggerPockets “several times” – prior to your messaging me privately or posting on the blogs yourself – requesting that she remove my posts. While your message may appear heartfelt, the end of it has to do with your company name and reputation – not your sincerest apologies for my father’s death.

Shaun, you are acting like my father and my beliefs are unfounded. Your father was involved in a major rental fraud scheme in 1999 in Philadelphia. You further proved my point that your investments are untraceable because not only do you pull from personal 401Ks, but you also collect investments in cash. Have you purchased ANY non-rushed, non-heavily distressed properties through bank transfers or wire transfers? As I said before, I have all of my father’s emails, texts, and documentation to show that numerous properties you purchased were managed in an unethical and illegal manner.

Finally, by posting the absolute truth, I am doing the complete opposite of hurting people. Frankly, I am making them aware of the manipulative scheme you have going on at Hard Money Company and EquityBuild. This is not about revenge. You’re right: My father would never want to hurt anyone. In fact, my father said he felt sorry for your investors, and after receiving numerous private messages here from members fighting for their money back, I feel sorry for them too.

Lindsay