Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Ask About A Real Estate Company
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 4 years ago on . Most recent reply

User Stats

4
Posts
2
Votes
Michelle Pileggi
  • Involved In Real Estate
  • Orlando, FL
2
Votes |
4
Posts

American Real Estate Investments LLC. Private Money Lending

Michelle Pileggi
  • Involved In Real Estate
  • Orlando, FL
Posted

I was wondering if anyone has done private money lending through AREI LLC. We found them originally when looking for turn key providers but decided to invest our money in private lending instead. We've had nice returns but now that they have our money, I'm terrified we'll never see it again. Hoping someone has some experience.

Most Popular Reply

User Stats

69
Posts
26
Votes
Codi Clausen
  • Property Manager
  • Newport Beach, CA
26
Votes |
69
Posts
Codi Clausen
  • Property Manager
  • Newport Beach, CA
Replied

@Michelle Pileggi I’ve invested money into one of their private lending deals and the returns were paying out, but they have always been late with me having to track them down every time. This month with everything happening I haven’t been able to get anyone to tell me where my distribution is this month or what’s happening with the project.

I’m very concerned with the lack of communication here. Hoping they’re not avoiding me due to the default and some sort of foreclosing.

Loading replies...