Jay Morrison & The Tulsa Real Estate Fund (Official Thread)
- Thread starter WheresWallace
- Start date
Piff Perkins
Veteran
I question the intelligence of anyone who fell for this. It may not have been a scam but why would you invest in a crowd sourced real estate scheme with someone who has no track record?
If you want to invest in real estate...invest in real estate. Don't give money to some random dude because he's black and wears a suit. You don't need to recreate the wheel, we know what successful real estate investment looks like. It doesn't look like this.
If you want to invest in real estate...invest in real estate. Don't give money to some random dude because he's black and wears a suit. You don't need to recreate the wheel, we know what successful real estate investment looks like. It doesn't look like this.
This video is 2 goddamn hours long - anyone have cliffs?
I watch YT at 2x speed - but I also don't have an hour to burn anytime soon.
Anyone that truly understands the concept of investment knows there's both the risk and the reward. Investment is not savings, it's not retirement, it's gambling and you need to make sure you gamble knowing all the variables. If you're 80...you don't invest in a bond that is gonna give you 6% after 20 years...you won't live to see it through. I say that to say this, if you gave this dude your last $500 and now you're stressing, you're the dumb ass, not him.
You don't put your last $500 in E-Trade and demand it turn into $560 in 2 years or you're biffed. I lost so much value in my stocks last week, shyt makes me weak in the knees and makes me want to throw up but it's the game we play. You gotta take the highs with the lows...if you don't want to put your cash at risk put it in a shoe box under your bed.
You don't put your last $500 in E-Trade and demand it turn into $560 in 2 years or you're biffed. I lost so much value in my stocks last week, shyt makes me weak in the knees and makes me want to throw up but it's the game we play. You gotta take the highs with the lows...if you don't want to put your cash at risk put it in a shoe box under your bed.
cliffs:
Jay doesn’t know what he’s doing.
he’s a scammer, like Umar and the other hoteps
he’s gonna end up on American Greed
he’s talking about stopping gentrification with a few million dollars, while hedge funds are out there buying 7000 thousand homes in one town, with billions of dollars
he promised an 8 percent return, which for the second year, he hasn’t paid out. The minimum investment was $500. 8 percent of that is $40. It’s essentially a waste of time and money for the poor black people he was marketing to.
he has shady business practices with other people in the industry. He owes one guy $50,000, but refuses to answer his calls.
They deleted that most recently uploaded video because 90% of the comments were negative...
https://www.thecoli.com/posts/36865331/
where are all the people who were arguing w/me in this thread now? don't make me start tagging you.
https://www.thecoli.com/posts/36865331/
where are all the people who were arguing w/me in this thread now? don't make me start tagging you.
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NZA
LOL
this looks worse than wake up now
Damn. Ended a lot sooner than I thought it would 
Damn. Ended a lot sooner than I thought it would
It's still around but the crowd funding aspect of it is gone, now it's going to be just an ordinary real estate company
REdefinition
Superstar
Without doing much research, this looks HEAVILY edited to imply he's saying something he's not really saying.
The full video is here and it's actually worse, he blames the downfall of the fund and not paying investors based on bad advice he received.
He actually outright says that he can't promise anything this second go round to investors because he has to meet his compliance needs (the SEC)...listen to it from his own mouth
The full video is here and it's actually worse, he blames the downfall of the fund and not paying investors based on bad advice he received.
He actually outright says that he can't promise anything this second go round to investors because he has to meet his compliance needs (the SEC)...listen to it from his own mouth
He’s so arrogant and flashy. He got a picture of himself in the background with a crown. I can’t believe he is blaming his lawyers...that’s not leadership...you’re the boss, it’s your fault and not anyone else’s. When he was asking for money he presented himself as all knowing but now that it didn’t go right now he is a victim. SMH.
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