It's also worth keeping in mind when people see A-rated places selling at 3.5% cap rates in California and then alleged 14% cap rate places in Gary Indiana.  

The story is that they condemned the property 6 days after they put the notice up and there was also an alleged lack of communication on the part of the city with the owner about how the actual demolition would take place.

Please no character assassinations or attacks on the forums.

If it's currently 35 million in allegations then there could be a lot more out there with more loans and banks you just never know.

Give him a deadline to respond to you, like 8am, Wednesday, January 24, 2018, for example.And the reason you want everything in writing is to protect yourself from any allegation of threats, etc. - happened to me.

Moreover, if he isn't willing to contradict and prove the allegations discussed, ad nauseum, on these forums are false; and that the Avon deal he spearheaded and sponsored on Groundfloor wasn't a fraudulent transaction, then BP should take measures to keep him and others preying on newbies off this board. 

Now This:  Tenant Kills Landlord over $30 Rent Hike  (https://nypost.com/2018/03/08/tenant-allegedly-sho...)

Devin Ross was his (alleged) name and he was (allegedly) calling from Seattle, WA.He liked our model and agreed to fund us but wanted to come down and see the property we had under contract first.

Congratulations on seeing beyond the flashy lights of the alleged "Financially Free" neon sign.

Still a far cry from the slew of premature allegations of theft, fraud or scams we've seen from the investors without all of the info in this thread thus far.It's very difficult to start a property management company.