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Updated almost 6 years ago on . Most recent reply

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Aaron Mazzrillo
  • Investor
  • Riverside, CA
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Clayton Morris Podcast

Aaron Mazzrillo
  • Investor
  • Riverside, CA
Posted

I received an email inviting me to be on the Clayton Morris podcast. Never heard of him or his podcast and am curious if anyone has listened to it. I went to his page and saw a huge red flag for me;

Financial Freedom Through turnkey real estate investing

Not a big fan of the turkey investments. The only person achieving their financial freedom in that con-game is the person selling the houses.

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Chris Clothier
#2 Managing Your Property Contributor
  • Rental Property Investor
  • memphis, TN
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Chris Clothier
#2 Managing Your Property Contributor
  • Rental Property Investor
  • memphis, TN
Replied

@Aaron Mazzrillo you don't need my advice on a yes or no, but for the other readers on here, the biggest reason not to go on a show like this is to be sure you do not lend your credibility and voice before the other person has earned it.  It makes sense for him to reach out to high influencers and ask for them to join him because it boosts his credibility.  It makes more sense to do it on BP since his target audience is a new investor that does not know any better.  

Being #1 on iTunes does not mean a thing and there are absolutely legitimate concerns raised by many, many seasoned investors and TK companies when reviewing his website and program.  

On a separate forum, it was noted by someone who has known him for a while, that he is a good person and his wife is a very active writer on financial websites.  So I am sure that they are not intentionally trying to hurt anyone.  Unfortunately, his own website gives almost no information about anything.  What it does say is that he started investing in real estate a very, very short 5 years ago.

That is not even enough time for any properties he has owned himself to build up any type of conceivable track record to build data from.  That is not enough time for him to have learned the ins and outs and he has yet to experience a market shift.  He has been investing during the sunshine and rainbows.  Others have commented that they were told by him that he has no vacancies and has figured out how to keep costs at 40% of gross rents.  All while keeping his rents at gross multipliers of what looks like 1.5+.  The magic kicker for every experienced investor is that he is doing this on an average price point of $40,000 AND that is an all in turnkey price.

Any serious investor who knows about Turnkey real estate would never go on a podcast like this without taking serious objection to the fact that they have no idea what they are talking about.  If any of those numbers are true, then he has somehow figured out how to go from newscaster to master real estate investor in five years and is outperforming even the best real estate investors and the top turnkey companies out there who have years of experience and knowledge on him.

Unfortunately, the reality is, his investors are in for a rude awakening when their expectations simply cannot be met over time.  Again, I would want to give him the benefit of the doubt and just say he is using way too much spin and painting the wrong picture, but people are going to get hurt buying these properties at these prices expecting the type of results that have been attributed to him.  

Last note ~ it is also a bad sign that many of the posters who have said good things have very few posts to their credit.  Many have said they are brand new investors and I have yet to see someone post about actually having bought and owned with this company.  I have not seen a post from him or anyone from his company so much of the spin is being created on here by people stating what they were told by him.  It just doesn't look good.  

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