OT: Solicitation for property "investors" | Piggington's Econo-Almanac | San Diego Housing Market News and Analysis


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	~Navigation~ Home Commentary Housing market Credit market VoiceofSanDiego.org Bubble primer FAQ User forums ~User login~ Username: * Password: * Create new account Request new password ~RSS~ piggington.com articles		OT: Solicitation for property "investors" User Forum Topic Submitted by flu on June 13, 2012 - 7:24pm Well, I knew it was inevitable. Folks scouring public records, and then contacting you with a sales pitch on why you should trust complete strangers to be a equity "partner" for flipping.... Attached is the exhibit that was directly mailed to me... Anyone want to comment on either the listed properties in the flyer or on the person(people) trying to get a partnership? equity partnership ‹ Renting a home when owner is in foreclosure, what to do? PSA: 120GB SSD for $60 today on amazon › Login or register to post comments 1 2 next › last » Larger image of Submitted by flu on June 13, 2012 - 7:25pm. Larger image of letter http://piggington.com/equity_partnership... Login or register to post comments Great deal for who? Elmwood Submitted by sdrealtor on June 13, 2012 - 7:52pm. Great deal for who? Elmwood was sold at trustee sale for $150,000 last week. Login or register to post comments Humm.. Submitted by ucodegen on June 13, 2012 - 8:12pm. Humm.. cornerstoneinvesting.net claims that he started supporting "One Safer World", which ironically Alexx Varga also runs. With that vision in hand, I begain suporting One Safer World-an organization who has set their sights on touching hearts. A portion of my profits go to help One Safer World reach more people and change more lives. http://www.bizapedia.com/ca/ONE-SAFER-WO... http://www.corporationwiki.com/Californi... Kind of contributing to himself it seems? Interesting thing is that if you do a search on "One Safer World" (without quotes around it), you pull up a charities associated with many named along the lines of "Safer World", but not "One Safer World". Put in the quotes, and you get references to the company. What is also interesting is that Cornerstone Investments is not Registered in California. Login or register to post comments "We know you are a CASH buyer Submitted by CA renter on June 14, 2012 - 2:42am. "We know you are a CASH buyer and we want to partner with you..." LOL! Sure, they want you to bring the cash, and they will bring the flipping "talent." Login or register to post comments You think they would take Submitted by flu on June 14, 2012 - 7:23am. You think they would take zygna shares instead of cash?..They are worth $20/share.... Login or register to post comments Alexx Varga has two absentee Submitted by UCGal on June 14, 2012 - 8:38am. Alexx Varga has two absentee judgements recorded against him/her. (Does two x's make it feminine?) http://arcc.co.san-diego.ca.us/services/... http://arcc.co.san-diego.ca.us/services/... There is a CA corp for Cornerstone Investments - registered to HOOSHIAR MAX SAEDI in Laguna Niguel. There are 12 registries for corporations that have "Cornerstone" and "Investments" in their name. None based in San Diego. There's a cancelled LLC based in San Diego: Cornerston Capital Investments (entity #200307710030) There are 16 LLC's registered in Ca with Cornerstone and Investments in their name. There are 422 LLCs registered with the word cornerstone in their name. There are 1113 corporations registered in CA with the words Cornerstone in their name. I did not click through all of them. (Based on a corporation search on the secretary of State's website: http://kepler.sos.ca.gov/ ) He's not listed on the DRE state website as a licensed realtor. Seems like flipping houses, it would save commision to have a realtor involved. Login or register to post comments I have received 2 or 3 Submitted by ljinvestor on June 14, 2012 - 8:41am. I have received 2 or 3 similar letters from this person in the recent past but why would I even consider giving him my money when I can do this on my own and keep all the returns? If he is so good at what he does then he would already have a few long term loyal investors and wouldn't need to mass market. Login or register to post comments I think many many of these Submitted by flu on June 14, 2012 - 8:57am. I think many many of these folks pick common names for their businesses, as a means to confuse and illuse.... No deception there.... NOT! And no, Alexx is a guy, not a gal... Check out his website... He touts himself as a devout christian. Whatever the that means. There was also some sob story about how a relative of his was shot and killed, and the purpose of a non-profit he also touted on the same website that is suppose to be the focal point of his property flipping business. I guess it's a ploy to try to earn his trust. Whatever. Login or register to post comments ljinvestor wrote:\ If he is Submitted by flu on June 14, 2012 - 9:01am. ljinvestor wrote: \ If he is so good at what he does then he would already have a few long term loyal investors and wouldn't need to mass market. exactly.....I don't get some folks which such big heads they think that they are the know, and they can easily approach an equity "investor" that hands over them money in full trust without being fully involved. Doesn't happen that way. People think that money isn't the problem it's finding the opportunity. I totally disagree... Money IS the problem...Opportunity isn't. Login or register to post comments flu wrote: I guess it's a Submitted by doofrat on June 14, 2012 - 10:40am. flu wrote: I guess it's a ploy to try to earn his trust. Whatever. I think the proper term is confidence, not trust. Login or register to post comments I get those all the time... Submitted by Diego Mamani on June 14, 2012 - 11:21am. I get those all the time... Once a guy even cold called me (I guess my number is listed), but I refused to even acknowledge that I was Diego Mamani. Login or register to post comments CA renter wrote:Sure, they Submitted by ucodegen on June 14, 2012 - 1:00pm. CA renter wrote: Sure, they want you to bring the cash, and they will bring the flipping "talent." Oohh.. that sounds sooo familiar.. like an NPD person many years ago. UCGal wrote: There is a CA corp for Cornerstone Investments - registered to HOOSHIAR MAX SAEDI in Laguna Niguel. I noticed those and several others you mentioned.. though none with Alexx Varga's name.. considering he is prominently on the front page of the site, I would expect him to be a principal in the company/investment firm. UCGal wrote: He's not listed on the DRE state website as a licensed realtor. Seems like flipping houses, it would save commision to have a realtor involved. I checked Sherise Varga" and she is not listed, though there is a Thomas Emery Varga (Del Mar). Login or register to post comments FWIW Tom Varga is a long time Submitted by sdrealtor on June 14, 2012 - 1:15pm. FWIW Tom Varga is a long time reputable agent and I cant imagine he would aligned with these folks. Just a coincidence of last name me thinks Login or register to post comments Did anyone check the Submitted by GreenboxRealty on July 11, 2012 - 3:33pm. Did anyone check the comparables on the above 736 Elmwood in Escondido, CA? There was a post here that stated a $150,000 trustee sale took place in June 2012. A quick run of the numbers revealed comparables (not foreclosure comps) from $180K to $260K range. Property was probably obtained a number of ways, rehabbed to marketable condition, then flipped to end buyer? Shouldn't we be asking how this property was obtained for $150K? I.E. What is the rehab cost? And why would the bank let it go for far below the current market value? Did the previous owner trash the dwelling? or leave the water on? or take the copper pipes out? I think this is a situation where we'd rather trash a person's reputation before hearing both sides of the story when what appears to be a too-good-to-be-true scenario is questioned. How many of us have seen those "New Investor Seeking Mentor" signs around freeway offramps? At least this person gave his name and property address(es) of the investment partnership involved. Login or register to post comments interesting Submitted by flu on July 11, 2012 - 4:01pm. interesting Login or register to post comments Hi, My name is Gabe Submitted by Gabe Stockton on October 12, 2012 - 8:56am. Hi, My name is Gabe Stockton. I know Alexx and he is a great person... He is actively doing real estate fix n flips and looks to do business with other good people.. its just a simple yes or no... No need to bash the man:) Instead of hiding behind the computer please just call him and see for yourself! Login or register to post comments Gabe Stockton wrote:Hi, My Submitted by flu on October 12, 2012 - 9:22am. Gabe Stockton wrote: Hi, My name is Gabe Stockton. I know Alexx and he is a great person... He is actively doing real estate fix n flips and looks to do business with other good people.. its just a simple yes or no... No need to bash the man:) Instead of hiding behind the computer please just call him and see for yourself! The answer is no.. But, maybe he shouldn't spam people who are saying no....Oh wait, there's no "opt out" option for spammers. Login or register to post comments Gabe Stockton wrote:Hi, My Submitted by ucodegen on October 12, 2012 - 2:21pm. Gabe Stockton wrote: Hi, My name is Gabe Stockton. I know Alexx and he is a great person... He is actively doing real estate fix n flips and looks to do business with other good people.. its just a simple yes or no... No need to bash the man:) Instead of hiding behind the computer please just call him and see for yourself! That is not how it works. If we don't feel comfortable or find real questions as to what is happening, we don't waste our time. We move on. No relying on 'charm' or the personal/personable approach to convince. There are too many questions on this deal - particularly the approach. This 'deal' failed the sniff test.. akin to due diligence. We also share what we find out with each other. PS: Are you associated with "PlainClarity Communications" in some fashion? Login or register to post comments Flu and Uco, please do not Submitted by Diego Mamani on October 12, 2012 - 4:14pm. Flu and Uco, please do not feed the trolls... Login or register to post comments every business should set up Submitted by squat300 on October 12, 2012 - 7:16pm. every business should set up a nonprofit to have their business donate to! hilarious. a portion of every sale goes to me. and the other portion goes to me. reminds me of the line in RAISING HOPE ( funny tv series)...on the death of sabrina'sgrandmother, the deceased's will states she has set up a nonprofit organization dedicated to wiping out all nonprofit organizations. I laughed pretty hard at that! Login or register to post comments squat250 wrote:every business Submitted by Mitt Romney on October 12, 2012 - 8:18pm. squat250 wrote: every business should set up a nonprofit to have their business donate to! hilarious. a portion of every sale goes to me. and the other portion goes to me. reminds me of the line in RAISING HOPE ( funny tv series)...on the death of sabrina'sgrandmother, the deceased's will states she has set up a nonprofit organization dedicated to wiping out all nonprofit organizations. I laughed pretty hard at that! I totally agree squat250. Better yet, I prefer using offshore accounts in the Caymen Islands. That way, not only does a portion go to me, and the other portion goes to me, but the taxes go to...well, me too... And if you vote for me, I'll show how you can be me too.... Because I love being me.. Login or register to post comments Mitt Romney wrote:squat250 Submitted by Barrack Obama on October 12, 2012 - 8:20pm. Mitt Romney wrote: squat250 wrote: every business should set up a nonprofit to have their business donate to! hilarious. a portion of every sale goes to me. and the other portion goes to me. reminds me of the line in RAISING HOPE ( funny tv series)...on the death of sabrina'sgrandmother, the deceased's will states she has set up a nonprofit organization dedicated to wiping out all nonprofit organizations. I laughed pretty hard at that! I totally agree squat250. Better yet, I prefer using offshore accounts in the Caymen Islands. That way, not only does a portion go to me, and the other portion goes to me, but the taxes go to...well, me too... And if you vote for me, I'll show how you can be me too.... Because I love being me.. Shut the fvck up, bitch..... And who's in charge? Yeah, that's right....Me... Pay your damn fair share...Because if you don't now, I'll make sure you do after I win again. Login or register to post comments go away, britus Submitted by ocrenter on October 12, 2012 - 9:12pm. go away, britus Login or register to post comments ocrenter wrote:go away, Submitted by bearishgurl on October 12, 2012 - 10:43pm. ocrenter wrote: go away, britus You mean "Brutus," silly. He's not here, anymore... Luv it all, LOL! Login or register to post comments bearishgurl wrote:ocrenter Submitted by ocrenter on October 13, 2012 - 12:03am. bearishgurl wrote: ocrenter wrote: go away, britus You mean "Brutus," silly. He's not here, anymore... Luv it all, LOL! Britus = Brian/Brutus = Obama = Romney Login or register to post comments Diego Mamani wrote:Flu and Submitted by ucodegen on October 13, 2012 - 12:17pm. Diego Mamani wrote: Flu and Uco, please do not feed the trolls... I am sorry you can't recognize the difference between a troll and someone associated with the person in question trying to apply spin. Login or register to post comments ocrenter wrote:bearishgurl Submitted by ucodegen on October 13, 2012 - 12:21pm. ocrenter wrote: bearishgurl wrote: ocrenter wrote: go away, britus You mean "Brutus," silly. He's not here, anymore... Luv it all, LOL! Britus = Brian/Brutus = Obama = Romney Or is it squat250 playing around? or has squat250 developed multiple personality disorder? Both Brian and Brutus could not do things in a joking manner. To them, the political party was the center of their being/existence. Login or register to post comments ucodegen wrote:ocrenter Submitted by Mitt Romney on October 13, 2012 - 12:27pm. ucodegen wrote: ocrenter wrote: bearishgurl wrote: ocrenter wrote: go away, britus You mean "Brutus," silly. He's not here, anymore... Luv it all, LOL! Britus = Brian/Brutus = Obama = Romney Or is it squat250 playing around? or has squat250 developed multiple personality disorder? Both Brian and Brutus could not do things in a joking manner. To them, the political party was the center of their being/existence. Get back to work, you lazy 47%er bum.... And pay your taxes. Login or register to post comments Mitt Romney wrote:ucodegen Submitted by Barrack Obama on October 13, 2012 - 12:36pm. Mitt Romney wrote: ucodegen wrote: ocrenter wrote: bearishgurl wrote: ocrenter wrote: go away, britus You mean "Brutus," silly. He's not here, anymore... Luv it all, LOL! Britus = Brian/Brutus = Obama = Romney Or is it squat250 playing around? or has squat250 developed multiple personality disorder? Both Brian and Brutus could not do things in a joking manner. To them, the political party was the center of their being/existence. Get back to work, you lazy 47%er bum.... And pay your taxes. He doesn't need to. He works for the government... I've decided not to tax government workers and pensions when (not if, definitely when) i get re-elected. Login or register to post comments ok uco, I stand corrected. Submitted by ocrenter on October 13, 2012 - 12:42pm. ok uco, I stand corrected. 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