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Ameraco, Inc.
reviews & complaints

Ameraco, Inc.
reviews & complaints

Ameraco, Inc. Complaints Summary

5 Resolved
1 Unresolved
Our verdict: Expect excellent service from Ameraco, Inc.. While their resolution rate is high, always verify their service terms. Read customer testimonials, both positive and negative, to gauge their service's reliability and responsiveness. Have all relevant information ready when dealing with their customer service for efficient problem-solving.
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Ameraco, Inc. complaints 6

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Newest Ameraco, Inc. reviews & complaints

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Q
6:33 pm EDT

Ameraco, Inc. You are on your own with this program

These Senior Advisors that you talk...make this program sound so easy to do...You find the properties (30% below market value) and we have thousands of INVESTORS to buy them...and once they do...You get a Big Commission (3-5%) Well, I have submitted several properties that fit there guide lines and not one INVESTOR pick it up! You don't need to spend 495.00 on this program...they sell you a PIPE DREAM WITH NO RESULTS ! There SUPPORT TEAM doesn't help either...she only SUGER COATS everything you ask...You are on your own with this program. A program that can bring alot of STRESS into your life!

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12:42 pm EDT
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Ameraco, Inc. Good company

I have purchaed the Find it and fundit system. It has worked well for me. I have submitted several deals to them.
They matched 3 out of the 5 I sent them over 4 weeks time. I currently work with 5 investors local investors in my area that continue to work with me on all my needs when it comes to funding, repair costs, ect.
The Ameraco company seems to do what they say. The staff was very helpfull to me. Donna in the support dept answered all my questions. I had spoke with Tony the manager and Mike prior to signing up. These complaints I have read about this company don't seem to make much sence! I have made alot of money since I began to wok with them. The service they provide is worth much more the $495.

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Tony
Miami, US
May 21, 2009 9:32 am EDT

If you really want to know what people are saying about this company...please go on the website..."[redacted]" Put in the word "ameraco" and you'll get alot of unhappy customers. I would strongly suggest that you keep your money (495.00)

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Yaws
Dallas, US
Jan 01, 2015 2:59 pm EST
Verified customer This comment was posted by a verified customer. Learn more

My name is Michael, I purchased the Ameraco Program in 2009, I have not had any luck in submitting any deals not because anything Ameraco did but because I, didn 't apply myself to the program. If you think you had a GLA, maybe your assignment fee was to high in which the investor would not make any money.According to D.C Fawcet said something like "sometimes, less is more. in other words come down on your fee. You could have went to a hardmoney lender and acquired the deal and flipped it!

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Gimpy
Newport Beach, US
Sep 25, 2009 12:06 am EDT

Change your Water Change your Life go to www.lifeionizer.com/eftenterprizesllc to find out how

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Wendy Stryker
Orlando, US
Sep 01, 2009 9:17 am EDT

PLEASE, PLEASE, PLEASE...Do not invest your hard earn money in a program that doesn't work ! You will regret it...

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Tony
Miami, US
Jun 15, 2009 3:12 pm EDT

BEWARE: AMERACO IS UNDER INVESTIGATION WITH THE FLORIDA STATE ATTORNEY OFFICE...PLEASE DO NOT INVEST ANY MONEY BECAUSE THIS COMPANY MAYBE CLOSING THERE DOORS VERY SOON !

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Tony
Miami, US
Jun 01, 2009 12:30 pm EDT

BEWARE: AMERACO PROGRAM WORKS AROUND THE FACT THAT THEY HAVE OVER 10, 000 INVESTORS...THEY DO NOT ! I HAVE WASTED 495.00 ON A PROGRAM THAT IS A PIPE DREAM !

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anil
, IN
May 22, 2009 5:23 am EDT

hi
my name is anil kadam & i have also message on 22 may 2009 that i have won250, 000 pounds in 200[shell] INTL MOBILE DRAW.WINNING#3, IM am

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lokesh middha
, IN
May 21, 2009 9:45 am EDT

hi
my name is lokesh middha & i have also message on 20may 2009 that i won 10, 00, 00, 000 gbp therev is given below
congrat, your mobile has won 1, 000, 000, 00 gbp in 2009 l/f int"t mobile draw to claim your prize contact to dr.duke EMAIL: loomis2009(at)live.com PHONE
=[protected] HOW I CLAIM MY PRIZE OR IS IT TRUE

ComplaintsBoard
M
12:09 pm EDT
Resolved
The complaint has been investigated and resolved to the customer’s satisfaction.

Ameraco, Inc. Scam

I was told they have an Investor network of 10, 000 "Active" members. You become a member for life. So I was wondering of the 10K members how many are still active. I asked for "Proof" of the active members based on the number of transactions being conducted on a monthly basis. The sales person would NOT answer that question. He stated that it would come from the accounting department which would need to be pulled away from their job to come up with those figures for me and they are too busy.

I stated that surely a business that was selling it's services of an active "Investor Network" would know how many transactions are being conducted on a monthly basis as well as the number of active member log-ins. I would expect he would have this information at his disposal.

The sales person kept interrupting me before I could finish my sentences and then hung up the phone when I persisted in asking for proof of the systems success through the number of monthly transactions. I was not rude. I did not raise my voice in any way. I was simply asking for information . . . he insisted he didn't have it and hung up the phone when I stated that I would not purchase a subscription to their service without this information.

A successful company should be willing to divulge the number of -members logging in each month "active members"
-submitted deals
-successful transactions or deals purchases

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wealth7
Shiloh, US
Oct 24, 2009 9:21 am EDT

i signed up no deals have been taken
do you know of any companies like this that are legitamate and real
midwesthomes1@yahoo.com
info@wealth7.com

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J
4:00 pm EDT
Resolved
The complaint has been investigated and resolved to the customer’s satisfaction.

Ameraco, Inc. Awful place

I order the Ameraco system in Nov 2008. I have submited many properties for the investors to pick up. Not one of my properites was picked up by the investors. What they tell you on the phone is nothing but a pipe dream.
I contacted the BBB to get my refund from this company. I had tried many times to get my refund from the company they was not willing to refund my money. The best thing you can do is to contact the BBB if you have signed up for Ameraco and they will give you your money back. I wouldnt tell anyone to sign up for this company. They are a fraud.

Donna the support person doesnt understand why the investors dont pick up properties she goes we cant get into the investor heads.

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??????????????????????
San Diego, US
Apr 10, 2010 2:18 am EDT

This all seems to be a misunderstanding! This system clearly works. First of all AMERACO, Inc has been in business since January of 1990. They do have A- with BBB. Which lets face it...thats remarkable!
No company in the world is going to please everyone. That is simply the price of doing business.
Anyone will tell you that. I have personally worked with this company and SEVERAL of there investors on many deals. Some deals go through, others do not. Their investors want to buy properties that are a good investent's and get atleast a 30% return on their money. No investor is going to buy a bad deal.
The find it and fund course will show you how to under take the assingment of contract along with many tips & strategies. I have completed more than 4 deals in less than 6 months after signing! Now I am partnering with one of thier local investors in my area, and splitting the net profits = 50/50 split. This deal will be closed in just a few day! The work I put into this program has fully paid off. I would prefer to remain annoynomous.
It doesn't seem to me that any of these "complainers" worked the program or utilized at all.
Good luck! I say give the $495. Seems like a fair price to make thousands! Some companies charge much much more, like anywhere from $2995 on up $12, 000 plus! I looked into over 5 of them before deciding to go with them.

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Diane
Titusville, US
Oct 01, 2009 12:12 pm EDT
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Randy Stewart: Not a member of Ameraco

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RANDY STEWART
orlando, US
Aug 17, 2009 9:20 am EDT
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Please, Please, Please...DO NOT INVEST YOUR HARD EARN MONEY IN THIS PROGRAM !

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Diane
Titusville, US
Jun 30, 2009 10:03 am EDT
Verified customer This comment was posted by a verified customer. Learn more

Okay, let's cut to the chase. If everything you folks are saying is true, let's have some names...Any takers? I'm sure Ameraco can post your deals right here for the whole world to see, along with the research they have done as well. Who's first?

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Tony
Miami, US
Jun 29, 2009 2:50 pm EDT

Sorry to hear about your frustration with "Ameraco". Your right about the "pipe dream" that they sell you on. Once again, the issue is about "Investors". They do not have over 10, 000 investors...this is where the "Fraud" comes in. Donna (support team) knows that...her job is to "sugar coat" the problems...I don't know how she can sleep at night !

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10:05 pm EDT
Resolved
The complaint has been investigated and resolved to the customer’s satisfaction.

Ameraco, Inc. Find It and Fund It

I've been reading alot of negative feedback about Ameraco and many others. If you seek them out you'll find that there are many reputable firms that offer incredible opportunities to make money in real estate. If you are looking to do the work producing deals and use investor funds, check out a real legit firm. For instance, shortsalefundinggroup.com.

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firedup200
Aurora, US
Feb 19, 2011 4:56 pm EST

This address doesn't work?

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wealth7
Shiloh, US
Oct 24, 2009 9:23 am EDT

how can i find good companies
info@wealth7.com

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wealth7
Shiloh, US
Oct 24, 2009 9:17 am EDT

do you know of any companies like this that are legitimate
midwesthomes1@yahoo.com
info@wealth7.com

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RANDY STEWART
orlando, US
Aug 17, 2009 9:18 am EDT
Verified customer This comment was posted by a verified customer. Learn more

Please, Please, Please...DO NOT INVEST YOUR HARD EARN MONEY IN THIS PROGRAM !

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Tony
Miami, US
Jun 05, 2009 3:13 pm EDT

Thank you for your website...AMERACO has alot of NEGATIVE FEEDBACK in several websites. They have several complaints with the BBB and they are under investigation with the STATE ATTORNEY OFFICE IN FLORIDA ! This program is very DECEPTIVE ! Please do not waste your money (495.00). You will regret every penny of it...like I did.

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9:11 am EST
Resolved
The complaint has been investigated and resolved to the customer’s satisfaction.
Featured review
This review was chosen algorithmically as the most valued customer feedback.

I work for this company for a long time and it was difficult for me to sale this program over the phone (495.00), knowing that it was a fraud!! please do not invest your money in this program...

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Ameraco, Inc. contacts

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1-800-854-1952

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