All Forum Posts by: Nate Marshall

@Donald Morrish

Check out William tingle

Same.  Invested $40,000 with the online store.   He didn't deliver.  Just took the money and ran.  Apparently sold off the company and let his investors hang dry.   All over social media promoting his lifestyle.   Maybe he was legit at some point, as I know some good people that are involved with him and vouch for him.  But he did F over quite a lot of people with this online store scam.

Has anyone purchased a property from New Western? If so, how was the experience? Did you feel like their comps were relatively accurate?

I have different thoughts on the "community" I see on facebook. Here is an example where someone is now providing tax advice as a sub2 person: What is even worse is people are thinking this is great and wanting to do it as well. This group is like a herd of sheep being brought to the edge of the cliff and no one is asking the question why is everyone jumping off....

Here is also another online review.
Gator Lending Reviews | ScamRisk

I'm actually in the subto group and it's not a scam. I'm curious to see what experiences Mike's had within the community. I'd be happy to jump on a call or even a zoom to show you what's available.

To all reading this thread, I am the COO of RTR and responding on our behalf.
It's important to point out a few key facts in this case since this is not simply a review. Yes, making statements about being a "scam" and using profanity like this is both unprofessional and against BP forum posting rules. It certainly does impact our business for anyone considering using our services and there are many facts that are misrepresented or omitted.

RTR serves as a turnkey and new construction marketplace that researches various investment markets throughout the country and connects investors and sellers. We always encourage investors to conduct full due diligence on any property, team & market they choose to work with. We do our best to help set them up for success with many tools and resources made available to them. We also do our best to help navigate any issues investors may encounter throughout their ownership. After all, this is real estate, and it would be unrealistic to expect that things like tenant issues or other issues do not ever occur, even in TK or new construction investing.

Some notable items to understand:
1) This investor independently chose to move forward with this Akron property on his own. Our team discussed multiple investment options with him, including new construction homes in nice areas that likely attract better quality tenants. He had the opportunity to interview the seller and mngt prior to closing on the home and chose to work with them.
2) As always recommended, this investor conducted full due diligence by having an inspection and appraisal. As he stated, the inspection came back in good condition, and the home appraised at full value without any identifying issues at the time of purchase.
3) RTR was made aware of issues that the investor was experiencing with the tenant. We communicated both with this investor and mngt to help find a solution for a tenant that was struggling to pay rent. Over the past year, RTR has over 50 emails back and forth with this investor and mngt, attempting to sort out solutions. We have had multiple phone calls with all parties, and our owner has taken time to personally speak with him as well. During this time, this investor stated he was very happy for the support. Furthermore, while not obligated, RTR financially contributed to help this investor offset missed rents from the tenant, which it sounds like the investor later recovered from the tenant eventually. We also assisted to have mngt contribute thousands to the investor as well. A resolution agreement was signed and this investor notated that he was very satisfied with this outcome at that time.

In summary, RTR has been on BP for close to a decade now helping investors identify attractive markets across the country and build investment strategies to achieve their goals. We have an exceptional reputation that we have worked very hard to achieve. We know that we have helped more people than those dealing with challenges. No, we are not perfect like any business, and we always welcome feedback as long as it's constructive and professional. This is real estate investing and there are multiple variables that affect the performance and outcome of any investment property over time, both for the positive and negative. Anyone investing in real estate needs to be prepared for that.

It sounds like this investor was able to make significant progress with this tenant to get caught up. We wish him the best success with this property and his future in real estate. Despite this negative post, we are still willing to assist in any way we can, with the understanding that everyone interacts in a professional manner.

Grant McMillan, COO Rent to Retirement

 Looks like the money goes to the Escrow Company so no loss