Has anyone heard of a wholesaler called Equity IO?

Question

Hello

Some time ago i started getting emails from a wholesaler called "Equity IO" (Equity Investment Opportunities).  I dont remember how i got on their list. Anyway, I always scan their deals but they always seem overpriced. Recently, there was a deal i was interested in but as i communicated with them about it, their communication seemed strange. No names attached to the people responding to the emails and texts at all. I am scheduled to go see a property of theirs tomorrow and the person responding to the emails told me to say im their manager's business partner.  This seemed really weird to me. I looked them up on google and nothing comes up under their name. The business address they have listed on their emails is a vacant lot.  I cant find them on sunbiz either. Has anyone ever heard of these people or done business with them?They are in the Orlando, FL area.

thanks

Martha

Martha Daisley · Answer

lol thanks Ray

Account Closed · Answer

Good detective work lol

Account Closed · Answer

Sounds like a scam where they give you properties that might not be listed and they pretend they go in contract with you and make you wire money. Ive seen that before - I can't say for sure though if its the same. I mean when you google them and find an empty lot that should let you know lol.

Lydia R. · Answer

@Martha Daisley It sounds like a pretty amateur operation. This is the danger of starting a business after watching 3 youtube videos lol. It sounds like the property may be listed for sale (or a coming soon)and they dont want the agent to find out that they arent actual buyers. If you feel like something shady is going down then steer clear. If they are willing to ask you to be dishonest from day one then who knows that else they are being dishonest about.

Martha Daisley · Answer

Hi guys

They did end up being wholesalers.  I went to go see the property in person and they had a realtor involved and also a title company. They may have been fairly new or not well established.  I ended up not getting the property for other reasons.

Martha

Victor Funes · Answer

I am

Looking for wholesalers in Orlando too! Do you have any to share?