All Forum Posts by: Kay Kim

Quote from @John Wydro:

Kim, did you make any progress with your demand letter? I also have a potential property in Bennah Oaks. We have sent multiple demand letters from two different attorneys and have not heard anything. It has been several months. I've heard there are several investors filing a suit with the state attorney, but I am still searching for the contacts.

Hi John,
I had my attorney send out the Demand Letter a month and a half ago, and I haven't heard anything back from D32 Build LLC./ WD INVEST. I consistently communicate with other investors in the same situations, and we found out that D32/WD INVEST has SOLD some lots to another builder; however, there have been no refunds issued or communication from the builder.  We are considering filing a suit with the state attorney.  Our biggest concern is the seller DOESN'T communicate with the investors. This is a BIG RED FLAG!

Quote from @Teona Zaliznyak:

hello, I'm a little late to join you all. I'm also Bennah Oaks investor, phase 2, 20% down.  I was just trying to hang tight until I saw all these comments. I was wondering if anybody tried and got their deposit back. Me and my husband were invested in another property in Florida (not with this builder or broker) through Norada. it was also delayed and passed the agreement completion date. We requested and received our deposit back with no problem, so I wasn't too concerned but reading through all these, now I am.  

@Kay Kim does the whasup channel still exist? I'll email you my phone number. I would like to join as well. 

 @Teona Zaliznyak , I have just sent you a DM. 

Quote from @Wagner Nolasco:

All buyers from D32 and Elite Builders,

I have been the transactional broker of record for Bennah Oaks, Nathi and Elite builders.. All clients have been in constant communication with me and my team and we have brought  the most  current and up to date information provided by the builders. 

As per many buyers requests i have been introduced to an attorney:

He is able and willing to represent any buyers interested in retaining his services.  yesterday on a call with a forum member and a buyer he asked "wagner why the buyers don't have forums for the builders that are delayed on deliveries but they are crucifying you?"

I did not have an answer, i come to ask you please lets set forums for the builder and express your absolute correct and rightful frustration.

As the transactional broker im limited to what i can do. But i will continue to help, support and be here for all of our clients.

Thank you 

@Wagner Nolasco

This whole deal started with me asking about B2RDirect's reputation, and as we all can see, it has become a more extensive discussion and concern of other investors who are in contact with you. I am sorry to see you taking all the hits here. I understand your frustrations. However, please know that the investors are even more frustrated by the need for more transparency.

The investors discovered that Bennah Oaks LLC is owned by or connected with WD Invest. We ASSUME that the owner of WD Invest might be your relative. Due to that assumption, investors thought you'd provide us with up-to-date, honest, and detailed information on your "monthly update" (which hasn't been monthly) and still put their trust in you. However, the investors are finding more updated, detailed information than what you provide us. Or maybe investors know more than what you know. I am afraid that I don't find you very helpful in this matter.

Since many investors are having trouble getting the full refund from WD INVEST and the Barbosa escrow company, and they are not responding to investors' requests, are you suggesting we set up another forum to complain about WD Invest and Bennah Oks LLC to protect your reputation?

Quote from @Sebastian Bennett:

Vinod, Wagner already shared the deposits are were directed directly with the title company and not the builder. Did you authorize the release to the builder or is the title company still holding the deposits. There's no consistency to what is being shared.

 @Sebastian, There has been a lack of transparency between the builders/B2Rdirect and the investors. The investors have been doing due diligence to find out what is really going on with their investments. Also, the findings are more detailed than what Wagner provided to us. Furthermore, the deposits were made into the escrow company years ago. As the PA( purchase agreement ) expires, some investors sent the ATTORNEY DEMAND LETTER for a full refund.  Unfortunately, Neither the builder nor the escrow company have responded. 
Even some investors have already filed the arbitration, yet still no response from the builder.
If the builder and brokerage had kept their 100% transparency, the investors wouldn't have been upset/suffered and wouldn't have had to take legal action. 

Quote from @Jon Abadia:

Has anybody needed to wait over a year for a new construction to be built.   The new construction has been delayed for over a year now and its getting to be a little sketchy. 

has any one dealt with B2r in Florida?

 Hi Jon,

Are you referring to B2R direct? 

Quote from@Wendy Stclair:

@Inna Hurin

We are starting a channel to discuss on what’s app if you want to be included with your phone number please send me a note and I’ll make sure you are. This is getting out of hand and many of us could stand to lose a lot of money here. I am at goldenmuseinc @ gmail.com.

 @Wendy Stclair, 

Is the channel still ongoing? Any progression? 

@Wagner Nolasco, I have spoken with you a month back. And you said that you will post an update in Oct. However, we have not heard/seen any new updates yet. It has been a year and a half since we signed the contract. When will you provide all the investors with detailed and promising updates? Are we even looking at another delay at this point? Will there be a price increase? 

Quote from @Clay Lehman:

My go to real estate attorney in Ocala is Richard Muteralli, I will PM you his contact info.  I tried to do it here but BP wouldn't let me.

Is this in Bennah Oaks or another community?

Hi Clay,

Clay, thanks for your reply. Yes, it is in Bennah Oak. I need a lawyer to look into our contract and send the seller a termination letter so we can get a full refund. What is the contact info for the lawyer? 

Quote from @Doug Smith:

What town/jurisdiction? Where would they be filing an action will depend on who I refer. 

 @Doug Smith, Thanks for your reply. It is in Ocala, FL. Marion County. Build to Rent New construction 3/2 SFH. It has been delayed another seven months after 1st addendum.

Hello BP Fam,

I am looking for a real estate Lawyer in FL who can help me terminate a contract for a new construction SFR, which has been delayed. Please, Help. Any recommendations?