Investor gone bad?... Mark David, aka Aguirre.

[Dennis Nelson]

I am tired of reading this guys complaints about Charles Sells. I have first hand knowledge of what happened to this investor when it came to completing his obligations for investments and he gained more than he lost. His initial investment was $2k into the property he likes to complain about, and although other properties were redeemed and profitable he is more interested in trying to trash a reputable company. Investing in liens is about an average return, you can't have a 100 winners and 1 loser and decide to blame your investing firm. 

When a property sits idle due to inaction, it deteriorates. This is not the fault of PIP-Group, it's reality. They carried his investment to the tune of $10,000 via paying his taxes on it. That was done because it was initially a good investment and they assumed he (Mark David/Aguirre of LA, CA) would take action, sell, and repay these debts. He did not, and blamed the incident on them and did not repay the debt. If anyone here is a scammer, it is Mark David/Aguirre.  

For those of you who know about investing in tax liens, it's usually a "don't put all your eggs into one basket" type of investment. He's blaming one lien on PIP but failing to address the multitude of other liens that were successful (in Mark's words "ok for a few years")  and failing to give them the due credit they deserve.

In all honesty it sounds like he misdirected funds that he was told he may need when you foreclose on a lien. Best case scenario is all the liens are redeemed and you can simply redirect them to additional liens, over and over again. In the real world there is a very good chance (larger number of liens, higher the chance) that you will end up with a few that have not been redeemed and the only way to make a positive ROI is to perform some due diligence on the property and reinvest some of the gains acquired through the redeemed liens to make the property marketable for sale or rent. Not every property will have this chance but inaction certainly lessens the odds, it is not advisable to sit on it and wait until an as-is sale pays enough to cover your costs (good luck!), meanwhile building a debt (and not repaying it) with a successful investment company who has performed well for you.

There are hundreds of happy clients, and they keep coming back for more. This includes experienced clients who have been successful in their own lien purchasing, including foreclosures, who simply have other things to do and they trust in Charles Sells to maintain their investment, and are happy with their returns. It also includes new investors who want to see returns without investing their time and inexperience, while gaining above market returns.

p.s. Why isn't this Mark David using his real name anymore?