- This topic has 32 replies, 12 voices, and was last updated 12 years, 2 months ago by
Diego Mamani.
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June 13, 2012 at 7:24 PM #19870June 13, 2012 at 7:25 PM #745654
CoronitaParticipantLarger image of letter
June 13, 2012 at 7:52 PM #745658sdrealtor
ParticipantGreat deal for who? Elmwood was sold at trustee sale for $150,000 last week.
June 13, 2012 at 8:12 PM #745659ucodegen
ParticipantHumm.. 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-WORLD.html
http://www.corporationwiki.com/California/Escondido/one-safer-world/45109768.aspxKind 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.
June 14, 2012 at 2:42 AM #745677CA renter
Participant“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.”
June 14, 2012 at 7:23 AM #745684CoronitaParticipantYou think they would take zygna shares instead of cash?..They are worth $20/share….
June 14, 2012 at 8:38 AM #745700UCGal
ParticipantAlexx Varga has two absentee judgements recorded against him/her. (Does two x’s make it feminine?)
http://arcc.co.san-diego.ca.us/services/grantorgrantee/search.aspx?FileNum=20090467830&OldSearch=1
http://arcc.co.san-diego.ca.us/services/grantorgrantee/search.aspx?FileNum=20090106970&OldSearch=1
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.
June 14, 2012 at 8:41 AM #745702ljinvestor
ParticipantI 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.
June 14, 2012 at 8:57 AM #745705CoronitaParticipantI 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.
June 14, 2012 at 9:01 AM #745706CoronitaParticipant[quote=ljinvestor]
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.[/quote]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.
June 14, 2012 at 10:40 AM #745716Doofrat
Participant[quote=flu] I guess it’s a ploy to try to earn his trust.
Whatever.[/quote]
I think the proper term is confidence, not trust.
June 14, 2012 at 11:21 AM #745717Diego Mamani
ParticipantI 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.
June 14, 2012 at 1:00 PM #745720Participant[quote=CA renter]Sure, they want you to bring the cash, and they will bring the flipping “talent.”[/quote]
Oohh.. that sounds sooo familiar.. like an NPD person many years ago.
[quote UCGal]There is a CA corp for Cornerstone Investments – registered to HOOSHIAR MAX SAEDI in Laguna Niguel.[/quote] 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.
[quote UCGal]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.[/quote]I checked Sherise Varga” and she is not listed, though there is a Thomas Emery Varga (Del Mar).June 14, 2012 at 1:15 PM #745722ParticipantFWIW 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
July 11, 2012 at 3:33 PM #747712Anonymous
GuestDid 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.
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