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Updated about 1 year ago on . Most recent reply

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301
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108
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Kevin Yoo
  • San Diego, CA
108
Votes |
301
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ABC Capital Investments

Kevin Yoo
  • San Diego, CA
Posted

Looking to buy homes from ABC Capital Investments (Jay Walsh) from Philadelphia, PA. Can I ask the BP Community your experience with this turnkey operator both good and bad. Please only comment if you have had first hand experience as hearsay does not really help my cause. 

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User Stats

301
Posts
108
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Kevin Yoo
  • San Diego, CA
108
Votes |
301
Posts
Kevin Yoo
  • San Diego, CA
Replied

I received a PM from a BP member today telling me about their personal first hand negative experience with ABC Capital Investments. He told me some very helpful information for which I am truly grateful. But he started out by saying that he wanted to contact me privately because he does not like to speak badly about others publicly. As much as I respect that of this person and all others who feels this way, I am not sure this is helping BP and its members. I would actually state that it is hurting BP Community.

I have had wonderful success working with those I have found and those that have found me on BP. But I have also had fantastic failures with others that were from BP. And when someone has cheated, hurt, and maimed you, we have very little recourse except to use legal actions. Social media such as BP can be a very effective way to deal with such operators very effectively. However, I find BP to do a lot of cheerleading and getting eager people quickly into real estate but very little is discussed about what to do when caution is thrown into the wind and things go bad. 

I think BP Community members should talk freely about bad deals and bad operators as much as we do about good ones. This is probably a better way to self-police this unregulated industry more than lawsuits as very few of us would ever do this. However, we need to limit this to only first-hand experience as we do not want to destroy a deal or a person on rumors. 

I should practice what I preach. I invite anyone that has had first-hand bad experience with EAC to post such on this thread. If I never hear of such things, I will have trouble improving EAC. And every operator should welcome such criticisms and be given a chance to remedy the situation without the interactions turning into slinging personal insults. I hope and believe the BP Community would be better than that.

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