Property for Sale on Mars

[Alan Goetsch]

This post has its genesis in my own blind stupidity. Im hoping it will go along ways in drawing attention to a major problem in the REI industry. If it doesn't jar your senses you are probably an investor ideally suited to purchase "buy n hold" properties on Mars! I recently was swindled by two of the largest 100% purchase and rehab funders in the so-called REI business. They are COGO Capital and SREC Freedom Funding. Both promised me the sky and asked for a substantial investment of my own money so I could qualify for their magnanimous help. In the end I got zip...nadda! One company issued me a proof of funds letter that was virtually worthless and resulted in my seller threatening me to go to the authorities, thinking I was some kind of crook...of course the deal went south. The other continued to stall my refund by claiming to present to me dozens of so-called success stories, replete with these alleged victors holding up checks from their "awesome" deals. I was sitting around several days after by last defeat and got to wondering, staring at those big figure checks when my curiosity got the best of me. A very good friend of mine is in law enforcement and I shot the idea across his bow, asking him to help me investigate the checks in the pictures. You know what we discovered when we blew the pictures up? The great majority of these alleged profit checks were utterly phony. Routing numbers and other banking data were phony as a nine dollar bill! So next time you consider listening to one of these REI guru-scum bags...think twice! They are outright swindlers and bald face liars! Alan