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Updated 12 months ago on . Most recent reply

User Stats

18
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5
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Dennis Santa Paula
  • Investor
  • Lithia, FL
5
Votes |
18
Posts

Calling on unhappy investors w/ ABC Capital Investments Jay Walsh

Dennis Santa Paula
  • Investor
  • Lithia, FL
Posted

It seems there are several investors unhappy with ABC Capital Investments led by Jay Walsh. Have read similar issues among all different investors. We should get together and decide on the best action to get our money back.

I bought 3 properties from them in 2017 - 2 in Baltimore and 1 in Philadelphia.

They breach contract all the time (one example is that you are supposed to do an inspection before they charge you the last 5K but they simply deduct it from your guaranteed rent) and do not keep you posted on what's going on with your property. Delays to finish construction and to place tenants.

I was able to sell 2 properties back, even though got paid way less than what they sold them for but my last property I simply do not know what's going on since April, when the 12 months guarantee rentals period finished. They told me there was going to be an eviction but never provided any evidence or let me know where the process is.

I have several other issues where they breached contract. If anyone is interested on a joint effort, please reach out.

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