Whats With Real Estate Agents And Grow Houses?

There must be a correlation between grow houses and real estate agents. As we have covered before in California and Canada, real estate agents were closely tied with grow house operations. Now right in my backyard, well not back yard but the county I live in Georgia, there is another instance of a major marijuana grow house network being busted.

Unbelievable.

A Fayetteville real estate agent and her husband masterminded a $12 million operation to grow marijuana hydroponically in the basements of vacant $300,000 homes, police from at least six Georgia counties announced Wednesday.
Fayette County sheriff’s drug agents said Blanca Botello, 34, is a licensed ReMax Realtor who helped close the sale on at least a dozen homes used in the operation. The homes are owned by Cuban nationals who also may be charged, police said at a press conference.
Police said Botello’s husband, Merquiades Martinez, 35, owns a hydroponics store in Fayetteville. Hydroponics refers to a soil-less process of growing plants in water and nutrients.
Fayette District Attorney Scott Ballard said the couple, along with 24 others, mostly Cuban nationals, are charged with manufacturing and trafficking marijuana and theft of services. Ballard said all 26 are in county jails. No other suspect names were released. via the ajc

Related posts:
  1. New Jersey Loses One Third of Real Estate Agents In 2008
  2. Real Estate Agents Have To Be Psychologists, Mediators, And Marriage Counselors.

« « Wall Street rallies on Bernanke speech| Is Your Home Your Primary Retirement Asset? If So, You May Be In Trouble Study Says » »

There Are 4 Responses So Far. »

  1. Georgia does have some interesting agents…

    First we have the hookers – and now the hookahs…

    :lol:

  2. too bad they were cought.

  3. there is so much wrong with this couple growing pot. first of all, a guy who owns a Hydroponics store anywhere in Georgia should not have a hand in any kind of grow. If the cops watch the customers of these places, of course they’re watching the owner. I dont know how the cops come up with $12 mil. though. That would be 3000 pounds at a very expensive, NYC-area $4000/lb. Those houses must have been stuffed, wall to ceiling for that kind of yield. But if they only grew in the basements, they must have been in business a very, very long time.

  4. [...] thousands of dollars in power a month is below their radar screen. Whatever the reason, the use of marijuana grow houses in Georgia are proliferating as the most recent bust in Lee County has [...]

Post a Response

« Back to text comment
  • Popular

    Most Comments

    Search

    Tags

    Archives

  • Recent Comments

    • My wife has actually decided to study for and get her real eatate licence just so we dont ever have ...
      Brandon | 20Mar10 | More
    • I like your analogy in this article. The real estate economy really is like a patient who you cannot ...
      Bill Hernandez | 19Mar10 | More
    • Real Estate is hyper-local. Every market is different. Phoenix has already hit bottom and is starting to recover. We have ...
      Marc Brodeur | 19Mar10 | More
    • Great to hear that the big boys are predicting recovery sooner than most think. Thanks for the value!
      Mark Arenella | 19Mar10 | More
    • I agree--good analogy. You have to crawl before you can walk. Right now, at least in Austin, many people would ...
      Austin Mortgage | 19Mar10 | More
    • an add on to my previous comment--I suppose nationally it's hard to tell, but each city and market is in ...
      Austin Mortgage | 19Mar10 | More
    • Hmm.....interesting. Of course, I would love to see the real estate market bounce back as quickly as possible, but just ...
      Austin Mortgage | 19Mar10 | More
    • I live in the Philippines and I am glad we are not on the lists...
      homes for sale in chandler az | 19Mar10 | More
    • I have a few Litograghs of Presidents homes , made by Richard V. Sebring. yr. 1990 Do they have any ...
      Jack | 18Mar10 | More
    • I see the question I have, but no response. I do not have a for sale sign up ...
      Judi | 18Mar10 | More
  • Statistics

  • Friends

  • Subscribe





    Get Updates Delivered Daily By E-Mail:

    Delivered by FeedBurner