Dr. Gary Karlin Michelson, Found Animals Foundation, Forbes billionaire, 20 Million Minds, Alya

Dr. Gary Karlin Michelson, Found Animals Foundation, Forbes billionaire, 20 Million Minds, Alya
Dr. Gary Karlin Michelson, Found Animals Foundation, Forbes billionaire, 20 Million Minds, Alya

Sunday, September 8, 2013

Why does Gary Michelson advertise his own real estate holding company as a business?

Dr. Gary Michelson is Karlin Real Estate, Karlin Asset Management. They are his holding companies. The people who work for Karlin Real Estate work for him. Why does he have a website bragging about his people, services and return on his own investment? Is he trying to solicit new investors, clients? Or is he just bragging about his accomplishments for no reason? Is he trying to get people to offer him real estate?

I remember seeing Gary receive a business license tax refund because these companies were his private holding companies. They weren't a business. Why is he advertising as if he were a business? Is this for David Cohen's ego?

http://www.karlinre.com/

He has has a venture capital fund. He's looking to invest $100K to $1.5M in business ideas.
http://www.karlinvc.com

Out of one side of Gary Michelson's mouth he said he got swindled in teak farms in Costa Rica. Out of the other side of his mouth he brags that he made a bundle in teak farms in Costa Rica. Which is it?

As I now look at the lawsuit and criminal charges against Philip Powers I don't think Gary has a case. He had real estate appraisers, real estate lawyers look at the teak farm properties before he bought them. Then Gary Michelson bought they for an agreed upon price. Gary Michelson made a lot of money on the deals. He didn't lose money, no money was stolen. If Karlin Real Estate and Karlin Asset Mgmt were that experienced, knowledgeable, how did Gary Michelson come to feel cheated? Did his advisors do a bad job? Maybe Gary sued Powers because he found out Powers made a profit. He probably got mad at David Cohen who then blamed Powers and Campbell.

I don't trust that supposed "agreement" which calls for six percent commission. That's not how things work in Costa Rica. I know because I helped a friend with some real estate issues in Belize. It's a completely different world. There is no MLS or easy escrows.

I also don't trust it because Gary spelled his last name as "Michaelson" and not "Michelson." What is Gary's real last name? Is "Michaelson" just a spelling, typographical error? I know with my name people generally misspell it "Cummings." Some people even misspell my first name "Marie" or "Marilyn." I have never misspelled my own name yet Gary in his own handwriting printed his name wrong.

In the appeal case Gary Michelson tried to argue "loss of a bargain." I think that's what he's trying to argue in the CA civil fraud case with the teak farms. Powers bought a piece of property. He spent money and time to clear liens, secure title so it would fit Gary's needs. He offered it to Gary at a certain price. Gary and his experts agreed and bought the property. Now Gary wants any profit Powers might have made. Powers is a land dealer. That's what he does. Gary lost the appeal case for this exact same reason. If Powers had an attorney, he could have argued this but he didn't. Powers needs to appeal the CA case but he can't afford an attorney. I am happy that I was able to write my own appeal in the Texas case. Otherwise I would have been screwed like Powers.

No comments:

Post a Comment