When ‘We Buy Ugly Houses’ Got Ugly + Listing or Lying

Send us Fan MailThis week’s horror story is straight out of Texas, how a “We Buy Ugly Houses” franchise turned into a full-blown Ponzi scheme, leaving retirees out hundreds of thousands. Zach and Pat break down how it all went wrong and what every investor should watch for. Plus, we debut our new game, Listing or Lying, where one host reads fake and real Zillow listings, and chaos definitely follows. Got a question or story for the pod? Email us at [email protected]—we’d love to feature you!https://ledgre.ai/?utm_source=Podcast&utm_medium=OrganicSocialMedia&utm_campaign=Feb2026Promotion Learn More https://innago.com/podcast/  https://joincohorts.com/Sponsors: Innago is a free, online property management software designed for landlords, particularly those managing small to medium-sized portfolios. It offers a range of features to simplify tasks like rent collection, lease management, maintenance requests, and tenant screening. Ledgre is an All-in-One Accounting Software Built for Rentals. Organize property transactions, track expenses, and automate rental accounting with simple software focused on your industry.Cohorts where serious real estate leaders level up. Join a curated peer group of founders, principals, and GPs who meet monthly in small, high-value circles. No fluff—just real insights, real accountability, and direct access to people who’ve done it before.Follow us on Instagram