York Street Properties

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Category: Business & Finances

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United States

York Street Properties Reviews

Lance Puig / YSP Victims September 19, 2009
CROOKS - GO HERE FOR MORE INFO
THIS IS THE LINK FOR THE MAIN COMPLAINT BLOG:
http://www.complaintsboard.com/complaints/lance-puig-york-street-properties-c244126.html

Go here for more information. 6 pages of comments, links and information as of this writing
Lance Puig / YSP Victims September 18, 2009
CROOKS - BE SURE TO DO A 3 PAGE GOOGLE SEARCH
The Following are crooked companies, be sure to do a 3 page search on Google. There's much information that a potential Investor, Lender, Tenant, Service Provider or Official Agency should know before doing business with these folks. Lance Puig is the CEO and only official employee of the company. 100 Crescent Court, Dallas is a mailbox office - he works from home and scams people.

Lance Puig
York Street Properties
York Street Properties Inc
York Street Homes
York Street Financial
We Buy Homes USA
www.guaranteed15.com
Bradstreet Green 27 LLC

Also, be sure to have a look at this blog, at writing there we 6 pages of comments from; Victims Group, Investors, Appraisers, Tenants, Service Providers and Attorneys: http://www.complaintsboard.com/complaints/lance-puig-york-street-properties-c244126.html
Tanya Williams September 18, 2009
My Lease is No Good?
I'm a single mother working 2 full time jobs during the week and one part time job on the weekends. I have 3 children and a dead-beat husband.

I looked for a very long time to find a house near a good school that was close to my sister who helps with the kids. I've had nothing but problems with this house since renting it from York Street Properties, but I need to stay here. Also, I was promised I could buy it after 6 months of paying rent on time (which I have).

A person from the bank came by on Monday and said the house was being foreclosed on and I needed to make arrangements to leave in 30 days !!!

I've tried all week to get hold of somebody at York Street Properties to get some answers, but nobody I talk to on the phone has answers and they don't know who I should talk to. They also said the Owner of the company is not taking calls. I've also sent emails, but that hasn't gotten me answers either.

What the HELL is going on at that company !! While I'm working my fingers to the bone to try and stay ahead, it sounds like they're devising way to ruin my life. I've seen all the negative stuff on this company on the internet that wasn't there when I rented the house. I sure wish it had been !!!

What can I do? Somebody help me, please
Rob Leonard September 7, 2009
York Street Properties Inc OFFERS LOSSES TO ALL WHO DO BUSINESS WITH THEM
York Street Properties Inc is offering losses to all that do business with them. Investors, Lenders, Contractors, Tenants and Rent To Own aspirants.

QUESTION: why are there so many press releases online that say "York Street Properties is offering profitable returns to investors"?

ANSWER: these are posted by York Street Properties in hopes of 2 things; (a) push the negative ads that appear on Google searches to the 2nd or 3rd page and (b) the only way they can stay alive is to find more investors to cheat.

You can read more about this sleazy company here: http://www.complaintsboard.com/complaints/lance-puig-york-street-properties-c244126.html

You could also contact the; Better Business Bureau, Texas State Attorney General's office, Texas General Contractors Association, past Tenants, past Investors, past and current Contractors. The above complaint board is a good place to interact, you can also write to "[email protected]" ... they tell me that a website will be coming soon. There is a large group of Investors, Tenants, Contractors, Appraisers, Lawyers, Legal Aids, etc who have joined together to see that facts are revealed and appropriate criminal and civil actions are taken.
Dallas Investor September 3, 2009
Investment Fraud
03 September 2009

Ponzie scam and other civil and criminal investigations are underway in the York Street Properties case. Allegations have been made by investors, lenders, tenants, buyers and service providers which are being taken seriously by local authorities.

Persons of interest to investigators in the case are Lance Winston Puig of Dallas and ex federal convict Michael Scott Bacher. Pictured below.

Victims of York Street Properties alleged mis-dealings are asked to contact investigators at the Texas Attorney General's office at 800 252-8011 or through their website: http://www.oag.state.tx.us/.
North Carolina Investor September 2, 2009
Thieves at York Street Properties
I was completely SCAMMED by York Street Properties. I am a real estate investor who purchased 6 homes from them that were sold to me as being completely rehabbed. They showed pictures of examples of the kinds of rehabs they do and listed out all the details. Long story short, when they wouldn't pay me the rents due me as my property manager, I investigated and went to Dallas. Every one of my homes were in complete disrepair and some of them are going to cost me $20, 000 - $40, 000 to repair. They just painted and put cheap carpet in to make them look nice and covered up all the problems. In one house the kitchen cupboards have fallen off the wall because they screwed them into sheetrock instead of studs!

They also SCAMMED my tenants. One of the things I discovered is that York St. told the tenants that they could buy the houses in 5 months and gave them a signed contract. They did not disclose this to me as the investor! I interviewed all 6 of my tenants and they all told me they had experienced the same nightmare with York Street.

- House wasn't ready on the move-in date.
- Some of them moved from house to house until their house was ready.
-York Street never does what it promises to do.
- When repairs are finally made, they are made by unlicensed, unskilled cheap labor.
- Repairs must be done again becuase they aren't done correctly or cause more problems.
- Takes hours of trying to phone them before they reach a live person.

Some other things they did:
- Before closing, sent me falsified documents with higher rent amounts than the actual amount on the lease.
- Told me the properties were all leased and cash flowing when they weren't.
- Have not paid me security deposits and rents due me since June. They only partially paid.
- Lance Puig is the President and when I had a phone conference with him he assured me he would get all matters resolved and to date has not.
- They gave the tenants a "one year warranty" and then had the tenants pay for the repairs instead of their rent, therefore I didn't get the rent as the owner/investor.

The worst story ever...
I got a call from people trying to move into my house that York St. had told me was leased. These people were in a panic becuase they had paid York St. $1150 in June as a deposit to get the house cleaned, repaired.They went into office York St. on July 15th and paid their pro-rated rent for the rest of the month and went to move in and the house was red-tagged by the city with over 16 items that had to be repaired before they could move in. There was dog POOP all over the living room carpet and the house was in total disrepair and filthy. These poor tenants were panicking becuase they had to get their stuff out of storage and had no place to move to. When they finally got through to York St. on the phone they were told that they no longer managed the property and that I was the new owner. (I had fired them as the property managers in the end of June becuase they refused to pay my rents to me.) What they failed to do was inform me that the copy of the lease they had given to me for that house was no longer valid and that the house was vacant and that they had re-leased the home to these folks that would be moving in on July 15th. AND, they took the money from them on July 15th even though they weren't the property manager anymore.


Don't BUY from York Street as an investor!
Don't RENT from YOrk Street either!

Their website for potential lease-to-owner's is http://www.yorkstreethomes.com/

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