Jay Morrison & The Tulsa Real Estate Fund (Official Thread)

[LiIZaneFan1978]

I think Jay is a fraud, but most dividend payments are only a couple dollars per stock and that's for major billion dollar corporations. Do they not understand what a dividend is?

TREF bag holders have ILLIQUID shares that were valued proprietarily. They can’t sell em anywhere or get refunded. With dividend stocks u can sell the underlying asset at any time to mitigate an L or lock in profits.

 

[Losttribe]

This isn't just wrong..
This is actually pretty sick.

 

[EBK String]

TREF bag holders have ILLIQUID shares that were valued proprietarily. They can’t sell em anywhere or get refunded. With dividend stocks u can sell the underlying asset at any time to mitigate an L or lock in profits.

 

[Cape Town JHB]

Just watched a great documentary called Fatherless America, gonna go drop my son off at the Fredrick Douglas Marcus Garvey Academy, then head to the bank to cash my dividents from the Jay Morrison Fund... Then get back to the crib to continue reading the Art Of Gold Digging

Yes indeed family

 

[GunRanger]

On top of which there is no appreciation in value of the share since there is no market

 

[⠀X ⠀]

Funny how both the guests and The Breakfast club interviewed Jay, and they both took the interviews down

 

[invalid]

Where is that goof ass @Booker T Garvey and his 'hot takes'?

OAN, it's been four years now. The lock in period for most investors should've been well up by now allowing them to sell their shares. It should be no reason whatsoever why, at this point, they have the inability to divest from their investment.

 

[L&HH]

Where is that goof ass @Booker T Garvey and his 'hot takes'?

OAN, it's been four years now. The lock in period for most investors should've been well up by now allowing them to sell their shares. It should be no reason whatsoever why, at this point, they have the inability to divest from their investment.

The problem is who do they sell them to? And for what?

 

[invalid]

The problem is who do they sell them to? And for what?

I'm not entirely convinced that there aren't more gullible people out there trying to buy into the fund.

What for? I would personally cut my losses which is better than losing my whole damn investment. I'd sale to a new gullible investor at a 50% discount - $250 and get the hell out of there. That way, they think they are getting a discount even though they still are most likely overpaying.

Fund ain't prolly worth but $35/share. Last time I check, he only raised like $9 million in capital and only like $3 million had been used at that point to acquire real property.

 

[invalid]

Do you know the normal pay for fund managers? I don't think we can clearly say it is unethical until we know that data.

We do know because there is an industry standard on how management fees are to be calculated. At $800k a year, he should be managing a portfolio valued at $40 million dollars. Last time I checked, his portfolio was only valued at $9 million and majority of that was in cash and not actually being invested in real estate.

 

[BushidoBrown]

Funny how both the guests and The Breakfast club interviewed Jay, and they both took the interviews down

 

[⠀X ⠀]

I just did a quick YouTube search, and nobody has fukked with Jay in the past 2 years. Dude is done. His name is trash in the streets. I don’t know how he can come back from this

 

[that guy]

Funny how both the guests and The Breakfast club interviewed Jay, and they both took the interviews down

I’m not sure if it’s been posted here but earn your leisure took down the jay Morrison interview as well

Edit: my bad I see you alluded to that as well

 

[that guy]

He took all real estate info including TREF out of his bio.

 

[BushidoBrown]

truly sad. I wanted him to win, as long as he was serious & legit.

I just did a quick YouTube search, and nobody has fukked with Jay in the past 2 years. Dude is done. His name is trash in the streets. I don’t know how he can come back from this

I’m not sure if it’s been posted here but earn your leisure took down the jay Morrison interview as well

Edit: my bad I see you alluded to that as well

He took all real estate info including TREF out of his bio.

anybody know if boyce stop fukkin w/ him yet?