Buffalo Grand Hotel: Is this too good to be true?

CashProperty

New Forum Member
REIN Member
Aug 30, 2018
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#1
Hi Fellow RE Investors and Housing Solution Providers
Got the attached investment opportunity from Harry Stinson's team.
Was hoping to get some comments and feed back from the group as to what you think of this opportunity.

Harry has always been creative and this model is showing that.

I visited the hotel last year and it is massive. However there is lots of wear and tear on the hotel.

It just seems too good to be true. 16%+ in months.
 

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Matt Crowley

Senior Forum Member
Registered
Dec 14, 2013
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Calgary
#2
They are selling this to extremely unknowledgable people. Look at the ad copy. These guys are jokers.

They seem to be suggesting you can use your credit card to buy units? Someone is going to report these goofballs to the security commission. There is not even a hint of professionalism in this offer.

Please stay away! Hotels do not make that much money! There will likely be an anonymous tip going to the Ontario Securities Commission today on this...

Please report guys like this to OSC in Ontario: http://www.osc.gov.on.ca/en/Investors_qc-tips-effective-complaint.htm
 
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