Comments for The Reno Real Estate Guide http://www.therenorealestateguide.com Real Estate In Reno Wed, 04 Jan 2012 04:50:41 +0000 hourly 1 http://wordpress.org/?v=3.3.1 Comment on Would I buy a Belvedere Condominium? by admin http://www.therenorealestateguide.com/reno-real-estate/would-i-buy-a-belvedere-condominium/comment-page-1#comment-3155 admin Wed, 04 Jan 2012 04:50:41 +0000 http://www.therenorealestateguide.com/?p=397#comment-3155 John, Thank you for your comment. John,
Thank you for your comment.

]]> Comment on Would I buy a Belvedere Condominium? by John http://www.therenorealestateguide.com/reno-real-estate/would-i-buy-a-belvedere-condominium/comment-page-1#comment-3151 John Tue, 03 Jan 2012 23:50:01 +0000 http://www.therenorealestateguide.com/?p=397#comment-3151 Hi, Please keep this up! The more we can educate folks about foreclosures, the sooner the market will turn the corner. Hi, Please keep this up! The more we can educate folks
about foreclosures, the sooner the market will turn the corner.

]]> Comment on Contact us by admin http://www.therenorealestateguide.com/contact-us/comment-page-1#comment-1850 admin Fri, 07 Oct 2011 20:52:19 +0000 http://www.getcheappc.com/25/?page_id=6#comment-1850 Ryan, Thank you for your comment. It finally pushed me to put more of my thoughts into writing. I published it as my most recent post. You can see it here: <a href="http://www.therenorealestateguide.com/reno-real-estate/would-i-buy-a-belvedere-condominium" rel="nofollow">http://www.therenorealestateguide.com/reno-real-estate/would-i-buy-a-belvedere-condominium</a> I would welcome any experiences or observations you may have regarding what you see at the Belvedere. And I wish you the best of luck, no matter what. Ryan, Thank you for your comment. It finally pushed me to put more of my thoughts into writing. I published it as my most recent post. You can see it here: http://www.therenorealestateguide.com/reno-real-estate/would-i-buy-a-belvedere-condominium

I would welcome any experiences or observations you may have regarding what you see at the Belvedere. And I wish you the best of luck, no matter what.

]]> Comment on Contact us by Ryan Irvine http://www.therenorealestateguide.com/contact-us/comment-page-1#comment-1845 Ryan Irvine Thu, 06 Oct 2011 21:15:00 +0000 http://www.getcheappc.com/25/?page_id=6#comment-1845 I am interested in purchasing one of the Belvedere units currently on the market (well under-value) I have researched the legal issues associated with the property, as well as your article on the shady shell game that was played at the tax sale. I would be very interested in your take on the current state of the units as I am going in to view one tomorrow. Thank you for any thoughts on the matter. Sincerely, Ryan Irvine rirvine101@gmail.com 775-434-9716 cell I am interested in purchasing one of the Belvedere units currently on the market (well under-value) I have researched the legal issues associated with the property, as well as your article on the shady shell game that was played at the tax sale. I would be very interested in your take on the current state of the units as I am going in to view one tomorrow. Thank you for any thoughts on the matter.
Sincerely,
Ryan Irvine
rirvine101@gmail.com
775-434-9716 cell

]]> Comment on Contact us by admin http://www.therenorealestateguide.com/contact-us/comment-page-1#comment-1121 admin Fri, 22 Jul 2011 05:20:29 +0000 http://www.getcheappc.com/25/?page_id=6#comment-1121 Leave your contact information and someone will get in touch with you. All information will be kept private. Leave your contact information and someone will get in touch with you. All information will be kept private.

]]> Comment on Contact us by walter trauth http://www.therenorealestateguide.com/contact-us/comment-page-1#comment-1120 walter trauth Fri, 22 Jul 2011 03:52:24 +0000 http://www.getcheappc.com/25/?page_id=6#comment-1120 How do I get in touch with you directly? Who is your legal advisor? What is the status of someone whose home was sold at trustee's sale if it was secured by a Mers note? If Mers can't legally foreclose, but in this case did, then what is the status of the title? Was the foreclosure illegal? If so, what can be done now? How do I get in touch with you directly? Who is your legal advisor? What is the status of someone whose home was sold at trustee’s sale if it was secured by a Mers note? If Mers can’t legally foreclose, but in this case did, then what is the status of the title? Was the foreclosure illegal? If so, what can be done now?

]]> Comment on Nevada Tops the U.S. in Foreclosures for 52nd Month in a Row by Washoe County Foreclosures Lower for June | ReReno's Blog, Reno/Sparks Real Estate http://www.therenorealestateguide.com/reno-real-estate/nevada-tops-the-u-s-in-foreclosures-for-52nd-month-in-a-row/comment-page-1#comment-1094 Washoe County Foreclosures Lower for June | ReReno's Blog, Reno/Sparks Real Estate Fri, 15 Jul 2011 23:00:48 +0000 http://www.therenorealestateguide.com/reno-real-estate/nevada-tops-the-u-s-in-foreclosures-for-52nd-month-in-a-row#comment-1094 [...] more on Nevada foreclosures see The Reno Real Estate [...] [...] more on Nevada foreclosures see The Reno Real Estate [...]

]]> Comment on Belvedere Developer Arrested for Insurance Fraud by Mr Glassman http://www.therenorealestateguide.com/nevada/belvedere-developer-arrested-for-insurance-fraud/comment-page-1#comment-913 Mr Glassman Thu, 09 Jun 2011 08:32:59 +0000 http://www.therenorealestateguide.com/?p=285#comment-913 Cyrus Massoumi · President at ADEPTO, INC I am Bijans Nephew. Far from defending him - I think that the Marin IJ is missing on reporting on the more hazy activities of Menlo Oaks. The Press Democrat story is not adequately reported - according to the article by P.D. the bank lost tens of millions on loans Bijan defaulted on - a huge sum for a small bank - this most likely caused them to default. On a personal note: My grandfather - Bijans father in law passed away in January. My grandmother tried to kill herself a week later. Bijans wife Beguneh - (who if she underwent psychological evaluation would most likely be diagnosed as a psychopath) - rushed to the hospital right after the attempted suicide - (I was the one that found her). --- After this Beguneh alienated my mother and took my grandmother back to their $13M french style house in Mill Valley. ---- They for months were desperately trying to manipulate my grandmother in order to manipulate my grandfathers will. My grandfather was a business man and educated - my grandmother did not have those luxuries. ----- The day after my grandfather died Bijan offered my mother his "in-house" lawyers in order to help with the "estate planning". ------ They are thieves and the scum of the earth - I have been in their house many times and they live in utter luxury. They have a son Michael who barely knows how to communicate at the age of 24 who has an unlimited credit card which he spends $10,000 a month buying sushi and clothes - Cyrus Massoumi · President at ADEPTO, INC
I am Bijans Nephew. Far from defending him – I think that the Marin IJ is missing on reporting on the more hazy activities of Menlo Oaks. The Press Democrat story is not adequately reported – according to the article by P.D. the bank lost tens of millions on loans Bijan defaulted on – a huge sum for a small bank – this most likely caused them to default.
On a personal note: My grandfather – Bijans father in law passed away in January. My grandmother tried to kill herself a week later. Bijans wife Beguneh – (who if she underwent psychological evaluation would most likely be diagnosed as a psychopath) – rushed to the hospital right after the attempted suicide – (I was the one that found her). — After this Beguneh alienated my mother and took my grandmother back to their $13M french style house in Mill Valley. —- They for months were desperately trying to manipulate my grandmother in order to manipulate my grandfathers will. My grandfather was a business man and educated – my grandmother did not have those luxuries. —– The day after my grandfather died Bijan offered my mother his “in-house” lawyers in order to help with the “estate planning”. —— They are thieves and the scum of the earth – I have been in their house many times and they live in utter luxury. They have a son Michael who barely knows how to communicate at the age of 24 who has an unlimited credit card which he spends $10,000 a month buying sushi and clothes -

]]> Comment on Washoe County Tax Sale and the Belvedere by Mr Glassman http://www.therenorealestateguide.com/reno-real-estate/washoe-county-tax-sale-and-the-belvedere/comment-page-1#comment-912 Mr Glassman Thu, 09 Jun 2011 07:49:29 +0000 http://www.therenorealestateguide.com/?p=281#comment-912 Cyrus Massoumi · President at ADEPTO, INC I am Bijans Nephew. Far from defending him - I think that the Marin IJ is missing on reporting on the more hazy activities of Menlo Oaks. The Press Democrat story is not adequately reported - according to the article by P.D. the bank lost tens of millions on loans Bijan defaulted on - a huge sum for a small bank - this most likely caused them to default. -- This organization, contractors that have not been payed by the Madjlessi's, many many people who have been f'ed about by the shady lending practices he engaged in using in-house lawyers etc. --- This is the stereotype of the family that lives in luxury due to the suffering of others. On a personal note: My grandfather - Bijans father in law passed away in January. My grandmother tried to kill herself a week later. Bijans wife Beguneh - (who if she underwent psychological evaluation would most likely be diagnosed as a psychopath) - rushed to the hospital right after the attempted suicide - (I was the one that found her). --- After this Beguneh alienated my mother and took my grandmother back to their $13M french style house in Mill Valley. ---- They for months were desperately trying to manipulate my grandmother in order to manipulate my grandfathers will. My grandfather was a business man and educated - my grandmother did not have those luxuries. ----- The day after my grandfather died Bijan offered my mother his "in-house" lawyers in order to help with the "estate planning". ------ They are thieves and the scum of the earth - I have been in their house many times and they live in utter luxury. They have a son Michael who barely knows how to communicate at the age of 24 who has an unlimited credit card which he spends $10,000 a month buying sushi and clothes - this I can now see was built on scams that his parents were running. Bijan and I played tabble tennis in their pool house for a number of weeks almost nightly when I was visiting their home. He told me he lost $75 million after the housing recession on his Reno units. During my time in their home I heard him on the phone multiple times speaking about ways to manipulate the deals he was working on with private equity firms as well as for tax purposes. He endlessly lectured on how he doesn't care about money - how he's nearly lost all of it many times - and how somehow he managed to keep everything above board for his family so that they never noticed. Apparently .. that's not exactly the truth. Bijan married my aunt because our family is wealthy, he knew that my grandfather was a prominent politician in Iran. He is charming and suave and his air of confidence will endear trust. Beguneh is the snake - very calculating - very cold - appearing to lack in general human emotions (mental illness runs in the family). Their son Michael was held back in 1st grade because he had a stuttering problem - his parents were to busy climbing the wealth ladder to teach him to read. The things that they did to my mother and family I will never forgive. Beguneh accusing my mother of being responsible for her fathers death. Trying to steal my grandfathers assets from an innocent 86 year old woman not capable of fathoming the notion of her own daughter and son-in-law being thieves - the list continues. Hell would be to good of a place for them. Cyrus Massoumi · President at ADEPTO, INC
I am Bijans Nephew. Far from defending him – I think that the Marin IJ is missing on reporting on the more hazy activities of Menlo Oaks. The Press Democrat story is not adequately reported – according to the article by P.D. the bank lost tens of millions on loans Bijan defaulted on – a huge sum for a small bank – this most likely caused them to default.
– This organization, contractors that have not been payed by the Madjlessi’s, many many people who have been f’ed about by the shady lending practices he engaged in using in-house lawyers etc. — This is the stereotype of the family that lives in luxury due to the suffering of others.

On a personal note: My grandfather – Bijans father in law passed away in January. My grandmother tried to kill herself a week later. Bijans wife Beguneh – (who if she underwent psychological evaluation would most likely be diagnosed as a psychopath) – rushed to the hospital right after the attempted suicide – (I was the one that found her). — After this Beguneh alienated my mother and took my grandmother back to their $13M french style house in Mill Valley. —- They for months were desperately trying to manipulate my grandmother in order to manipulate my grandfathers will. My grandfather was a business man and educated – my grandmother did not have those luxuries. —– The day after my grandfather died Bijan offered my mother his “in-house” lawyers in order to help with the “estate planning”. —— They are thieves and the scum of the earth – I have been in their house many times and they live in utter luxury. They have a son Michael who barely knows how to communicate at the age of 24 who has an unlimited credit card which he spends $10,000 a month buying sushi and clothes – this I can now see was built on scams that his parents were running.

Bijan and I played tabble tennis in their pool house for a number of weeks almost nightly when I was visiting their home. He told me he lost $75 million after the housing recession on his Reno units. During my time in their home I heard him on the phone multiple times speaking about ways to manipulate the deals he was working on with private equity firms as well as for tax purposes.

He endlessly lectured on how he doesn’t care about money – how he’s nearly lost all of it many times – and how somehow he managed to keep everything above board for his family so that they never noticed. Apparently .. that’s not exactly the truth.

Bijan married my aunt because our family is wealthy, he knew that my grandfather was a prominent politician in Iran. He is charming and suave and his air of confidence will endear trust. Beguneh is the snake – very calculating – very cold – appearing to lack in general human emotions (mental illness runs in the family). Their son Michael was held back in 1st grade because he had a stuttering problem – his parents were to busy climbing the wealth ladder to teach him to read.

The things that they did to my mother and family I will never forgive. Beguneh accusing my mother of being responsible for her fathers death. Trying to steal my grandfathers assets from an innocent 86 year old woman not capable of fathoming the notion of her own daughter and son-in-law being thieves – the list continues.

Hell would be to good of a place for them.

]]> Comment on Washoe County Tax Sale and the Belvedere by Mr Glassman http://www.therenorealestateguide.com/reno-real-estate/washoe-county-tax-sale-and-the-belvedere/comment-page-1#comment-908 Mr Glassman Wed, 08 Jun 2011 06:34:22 +0000 http://www.therenorealestateguide.com/?p=281#comment-908 This is exactly right. Bijan set the whole thing up and this is not the first time. Just recently, he has done this in Santa Rosa another project he built call Park Lane Villas and Courtside Village. And yet another in Petaluma CA, call Greenbiar Apartments, which too is his own project. Over the years he has built and collapsed many projects. He buries them in debt, does not pay the subs, puts them out of business, sell the home for way above market values using inside appraisers and acts as his own real-estate company, mortgage broker, loan agent and then does forces them all into foreclosure. The victims are in the hundreds and there are around 400 million in bad loans on various properties. He has used bank insiders, to get overvalued loans with little of no collateral while taking these bank insiders on vacations and trips in his privet jet and yacht. Bribes absolutely. Even investments in bogus companies set up by bank employees to use to accept money from Bijan while handing out loans. Several banks have collapsed or been taken over by the FDIC due directly to the loans given to Bijan and his 40 LLC's. The tangled web of corporations that he has opened to hide his stake in each of the projects is stunning. In Petaluma, the Greenbiar Apartments Project, he took out over $30 Million in loans and the property is valued at $4 million. Sonoma Valley Bank was given $9 million in Tarp Funds and the promptly gave Bijan $9.2 million unsecured after he already was in dfault to the same bank for millions. Wait, wait... there's more. Then within a year of getting yet another loan and not making payments, he went into the bank and had them sign a "Forbearance" agreement that would allow him to buy back his own loans for roughly $4.5 million. They signed it and then were taken over by the Feds and now Bijan has filed a lawsuit to force his the Forbearance agreement. Effectively wiping out the previous loans and the TARP money.....wait, wait.....this same property "Greenbriar" which has all these millions and millions of loans that he is getting wiped out are in a project that is fully rented. Yep, that right 128 unit all paying $1,000.00 to $1,300.00 per a month AND.... He was not giving the rent money to the bank (not making the mortgage payments). That right millions in income and keeping the cash and the Bank let his keep doing it year after year and loaned even more money. Can you imagine taking out a mortgage on your home, not making any payment and then within a year getting the bank to sign off for pennies on the dollar? The banks get shut down, The shareholders lose everything. All the vendors, contractors employees home owners go bankrupt and Bijan ends up re-buying it all so he can start all over again. This is exactly right.
Bijan set the whole thing up and this is not the first time.
Just recently, he has done this in Santa Rosa another project he built call Park Lane Villas and Courtside Village. And yet another in Petaluma CA, call Greenbiar Apartments, which too is his own project.
Over the years he has built and collapsed many projects. He buries them in debt, does not pay the subs, puts them out of business, sell the home for way above market values using inside appraisers and acts as his own real-estate company, mortgage broker, loan agent and then does forces them all into foreclosure. The victims are in the hundreds and there are around 400 million in bad loans on various properties.
He has used bank insiders, to get overvalued loans with little of no collateral while taking these bank insiders on vacations and trips in his privet jet and yacht. Bribes absolutely. Even investments in bogus companies set up by bank employees to use to accept money from Bijan while handing out loans. Several banks have collapsed or been taken over by the FDIC due directly to the loans given to Bijan and his 40 LLC’s. The tangled web of corporations that he has opened to hide his stake in each of the projects is stunning.
In Petaluma, the Greenbiar Apartments Project, he took out over $30 Million in loans and the property is valued at $4 million. Sonoma Valley Bank was given $9 million in Tarp Funds and the promptly gave Bijan $9.2 million unsecured after he already was in dfault to the same bank for millions. Wait, wait… there’s more. Then within a year of getting yet another loan and not making payments, he went into the bank and had them sign a “Forbearance” agreement that would allow him to buy back his own loans for roughly $4.5 million. They signed it and then were taken over by the Feds and now Bijan has filed a lawsuit to force his the Forbearance agreement. Effectively wiping out the previous loans and the TARP money…..wait, wait…..this same property “Greenbriar” which has all these millions and millions of loans that he is getting wiped out are in a project that is fully rented. Yep, that right 128 unit all paying $1,000.00 to $1,300.00 per a month AND…. He was not giving the rent money to the bank (not making the mortgage payments). That right millions in income and keeping the cash and the Bank let his keep doing it year after year and loaned even more money.

Can you imagine taking out a mortgage on your home, not making any payment and then within a year getting the bank to sign off for pennies on the dollar? The banks get shut down, The shareholders lose everything. All the vendors, contractors employees home owners go bankrupt and Bijan ends up re-buying it all so he can start all over again.

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