Saturday, August 01, 2009

Landlord's Troubles Leave Tenants Fearing The Boot; Water Bill Unpaid, Building Conditions Deteriorating, Mortgage Fraud Suspected

In Pickens, South Carolina, WSPA-TV Channel 7 reports:
  • When we first met Windwood Gardens apartment manager Donna Bryant she was worried her tenants would have their water cut off. That all changed when the City of Pickens decided to work with the property owner and give him 30 days to pay off a $10,000 water bill. Click here to see a copy of the water billI just feel bad for these tenants out here,“ Bryant said. “They pay their rent faithfully and the owner needs to step up and take care of them. It’s his job.“

  • We took a harder look at the management company and learned the owner, Kevin Flessner of Sarasota, Florida, is being sued for millions for mortgage fraud. See lawsuit hereAccording to the complaint that we have it was an elaborate scheme which involved several people,“ said News Channel 7 legal expert attorney Ken Anthony. “It looks like it involved some attorneys or some title insurance agents as well and it was a concerted effort to deceive the lender.“ Anthony said the lawsuit claims Kevin Flessner and others deceived Imperial Capital Bank. He told us the bank says Flessner got more money than originally agreed upon to buy apartment complexes in Oklahoma and South Carolina. We found one of them is Hillandale Apartments on Poinsett Highway in Greenville which went into foreclosure. In the lawsuit the bank says Flessner’s original deal was to buy Hillandale Apartments for $ 2.6 million dollars. But the suit claims he tricked the bank into lending him a million dollars more by using a fake contract.

For More, see Apartment Complex Owner with $10,000 Water Bill May Be Facing Bigger Problems.