I am going to throw in, as well, my story of experience with Clayton Morris of Morris Invest and Oceanpointe...with an "e".
I am a fellow investor that trusted Clayton Morris to build a house for me and depended on the cash flow represented by his pod-cast. Like the majority, who likewise, thought they were buying from Clayton and Morris Invest with no third party involved in the buying transaction I bought his Hook, Line & Sinker...as the saying goes. Not to try in gaining any sympathy, I just thought I'd share part of my story of grief.
In Early August, 2017, I took what was left of my life's' savings and used it to:
1. Get help from Fund & Grow after paying them $3000 in procuring funding to buy one of Morris Invest's Turn-key new construction 3 bdrm, 2 bath homes for $68500 plus closing. I was referred to Fund & Grow by a podcast hosted by Clayton Morris.
I started following up after three months of non-performance on the part of Clayton, Morris Invest and any and all of his agents and contacts...including a personal phone call by my son to Clayton's personal residence when he spoke personally with Natali Morris with a personal assurance that she would have Clayton contact me with information about an "ASSIGNMENT OF CONTRACT" that I expected from him because he allegedly was only the SALES AGENT..which would, at least, give me an additional avenue of pursuit for performance of duty.
Never got word back from them beyond that on the requested Assignment of Contract.
2. Because the 0% interest rate was coming to an end on the first of my credit cards through Fund & Grow, I sought a second round of funding through them so as to maintain a 0% interest payment on the funds going forward...still had to make the minimum payment going forward which at that time had accumulated to about $1000 per month plus property yard maintenance and taxes.
Hoping that Clayton would do some of his magic and get the house built, screen some qualified tenants and get some cash flow going to be able to satisfy the payback of the credit cards until such time that I could get the new house independently appraised and financed through a traditional mortgage which the cash flow would have easily covered according to what Clayton promises in his podcast relating to the new construction builds.
In January 2018, I had not heard of any progress on the new build so I contacted Morris Invest for a progress report.
After countless emails and phone messages to Larry Blessman (Morris Invest Sales Agent), I was finally contacted by Larry assuring me that he would follow up and get back to me on it. After being turned over to Morris Invest agent (and Sister of Natali Morris) Linzi Del Conti (Transaction Coordinator) for further updates, I was never kept informed of any progress unless I constantly requested information from her. She did finally respond on a couple occasions with information that gave me NO definitive time-line of any progress having been made nor a firm finish date. Then I sent emails directly to Clayton Morris inquiring about a finish date and he responded by voice-male that permits were almost completed and that it should be 4 to 6 weeks and it would be "smooth sailing" as he characterized it.
The house was never built, I've paid back-property taxes and fines of over Approx $1200...ongoing yard maintenance costs of anywhere from $40+ up to as much a $225 monthly for a vacant lot just to keep the city off my back with fines...etc..
Bottom line is.....After having a nearly perfect credit score and credit record of 25+ years, I will be in Bankruptcy court in May, 2019 because I cannot afford the payback of the credit card funding because there is no house built (cash flow) and there is not a single attorney that I contacted who doesn't want $60,000 (up-Front) because they all say they can't do it on contingency because Clayton has so may law-suits against him already that they feel there will be little (if any) money left after all the litigants already in line have been paid. That may or may not be the case, but my options are limited by the extreme position that Morris Invest has caused on me as a gullible novice investor with limited resources for a 72 y/o. His continued operations truly amaze me by the fact that he has so blatantly mis-represented himself as a "Turn-key" provider when all he is...is simply a fraudster hiding behind his LLCs.
This is just an extremely simplistic journal of my woes with Clayton Morris and Morris Invest I am damaged financially and emotionally to such an extent and am profoundly regretful that I EVER listened to that smooth talking SNAKE of a former news show host of Fox and Friends.
I can see why Fox and Friends has distance themselves with their statement that they had no idea about Claytons financial affairs. I would too!
Perhaps by my sharing this, it may somehow help alleviate some of your own angst and disappointment for your decision to invest with Clayton Morris and Morris Invest. I am a firm believer in "What goes 'around...comes around" and I wish no calamity on Clayton Morris and wife Natali Morris, Larry Blessman, Nicole Meckley, Linzi Del Conti,
Kate Federico (All directly connected to Morris Invest and party to this transaction).
Last but by no means, certainly not least, and likely a major player in this SCAM Herb Whaley and allegedly his wife Natalie Bastin at OceanPointe Properties in Indianapolis, Indiana.
And Hope against Hope, Clayton Morris could save his reputation not by hiding from his responsibility behind his LLCs , but make everyone he has harmed whole again for those who deserve to be recompensed for the harm done to them. I am reasonably certain that's never going to be the case as the hole he has dug for himself will probably consume most if not all he has. I have a feeling that his choice will be the latter....hence my prediction..."What goes around.....
I, personally am trying to forgive and move on hoping that I have enough years remaining to attain to that forgiveness because I know it's required of me if I expect to be forgiven on the "other side".
This has been a tremendously humbling and humiliating experience (me writing this) and I am sharing this so that possibly others may be spared the experience and I hope this missive is timely enough to accomplish some of that.