Be careful who you invest with

[Sylvia Pomazak]

Hello BP members in Cincinnati or those investing here. Please be careful of who you invest with. I had the unfortunate experience of investing with someone here and it ended up being a scam. 

True Story of How my First Real Estate Investment was a Scam

10 Steps to follow to Avoid Getting Scammed in Real Estate 

[Account Closed]

@Radhika M., great questions.

@Sylvia Pomazak, looking back, your instinct was correct from the get go. 

@Wendell De Guzman, it was unfortunate you got scammed by someone you trusted. That just sucks. As an outsider looking in, you didn't handle the situation well IMO. If you promised Sylvia to make it her whole, follow through on your promise. If you ran into an unexpected circumstance and couldn't follow through on your promise such as your lender pulled out, you should have let her know instead of letting her hanging for Friday after Friday over several months. Not answering phone calls is unacceptable when the person on the other end is sitting on a hot burner.

If you're doing the kind of volume as you have claimed on BP, $50k is just not a lot of money to make Sylvia whole. How much does your reputation worth? The reason we have this thread was because you didn't follow through on your promise and ignored her phone calls in addition to her getting scammed by Garrett Stevenson.

Personally, I don't think Sylvia is out to destroy you. She doesn't want others to go through what she went through, which was hell. As you already have seen, a lot of people found value in her thread. Of course, this is one man's opinion.