Ameraco, Inc.’s earns a 4.3-star rating from 0 reviews and 6 complaints, showing that the majority of customers are very satisfied with experience.
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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!
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.
The complaint has been investigated and resolved to the customer’s satisfaction.
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)
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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PLEASE, PLEASE, PLEASE...Do not invest your hard earn money in a program that doesn't work ! You will regret it...
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 !
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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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
The complaint has been investigated and resolved to the customer’s satisfaction.
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
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.
The complaint has been investigated and resolved to the customer’s satisfaction.
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.
Randy Stewart: Not a member of Ameraco
Please, Please, Please...DO NOT INVEST YOUR HARD EARN MONEY IN THIS PROGRAM !
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?
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 !
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.
The complaint has been investigated and resolved to the customer’s satisfaction.
This address doesn't work?
how can i find good companies
info@wealth7.com
do you know of any companies like this that are legitimate
midwesthomes1@yahoo.com
info@wealth7.com
Please, Please, Please...DO NOT INVEST YOUR HARD EARN MONEY IN THIS PROGRAM !
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.
Fraud and scam
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...
The complaint has been investigated and resolved to the customer’s satisfaction.
I was curious about the ad on tv stating that they had over 10, 000 investors. A representative called me "ERIC" to get me to buy the system, when I told him that I had over 10, 000 investors on my myspace page- http://www.myspace.com/primeholdingsmgt and over 5, 000 investors on facebook- https://www.facebook.com/korasadler and over 5, 000 connections on linkedin.com- www.linkedin.com/in/korasadler and over 4, 000 followers on twitter- https://twitter.com/KoraSadler -- he called me a liar, and I said to Eric, "Wow, I can't belive you said that to me, than google me B$%#&!" He got mad and hung up on me... The nerve to call me a liar?! I have been actively investing in real estate since 1999. *** Here is a tip I use and you don't have to pay $495.00 to use it! --- The easiest method I have found for adding investors to your buyers list is having your local realtor pull all the listings that were purchased with cash in the last year. Now take that list and sort it so that you are only looking at people who bought multiple properties with cash. Those people are normally active real estate investors. What I do then is take that list and send a letter to them letting them know I am an active investor and have unique marketing methods that attract deals substantially below market value. I get a good response from the investors and have added over 20 cash investors to my buyers list in the last year. Internet posting on Twitter and Facebook-- “Investors needed for multiple investment properties”. I am a full time investor and I specialize in acquire below market value properties. My properties are typically single family residential homes and multi-family properties price between $10, 000-$300, 000.
Kora Sadler
www.primeholdingsmgt.com
This company does NOT have a good rating with the BBB.
http://www.bbb.org/central-florida/business-reviews/training-video-instruction-tapes/ameraco-in-melbourne-fl-140235545
Those who are posting that Ameraco is accredited obviously are schills of Ameraco.
BBB Accreditation
This business is not a BBB Accredited Business.
Based on BBB files, this business has a BBB Rating of C on a scale from A+ to F.
Reasons for this rating include:
* 26 complaints filed against business
* One serious complaint filed against business.
They do NOT have good rating with BBB.
Anybody posting that they do are schills of the company.
http://westflorida.bbb.org/Find-Business-Reviews/
enter Ameraco and the state Florida, and you will find this:
BBB Accreditation
This business is not a BBB Accredited Business.
Based on BBB files, this business has a BBB Rating of C on a scale from A+ to F.
Reasons for this rating include:
* 26 complaints filed against business
* One serious complaint filed against business.
WOW! I just got off the phone with Ameraco and told Monica I don't just pay for something over the phone that I just seen on the Internet, without doing my due-diligence first. I told her I needed more info on the company, or talk to someone in my area that has had success with the program. Monica was transferring me to the Acquisition's Manager and all of a sudden I heard tone, "dial-tone" that is. Then I went on the Internet and landed on this blog. I've been in real estate for 25 years and have rehabbed about 15 properties myself. With what I'm hearing from all respondants, I'm not convinced that Ameraco is a legitimate company. I was a Finder/Bird dog for a group who rehabbed over 400 fixers. I'm not a novice when it comes to this business and I have street smarts as well, one of the attributes said to be possessed by billionaires on CNN today. My gut was telling me, after asking some questions, that it doesn't sound too good. And Monica was too pushy, like a good salesperson should be. All this played its role in deciding "not this one." I'm a Realtor in the nation's capitol and I have access to many, many "good deals." I know what a good deal looks like. I'll give you an example. I have a 3bdrm/2 bath w/basement rowhouse (fixer). Purchase $70, 000. Rehab Costs $35, 000 Resell Price $230, 000-$250, 000. That's a deal! I find them all the time. If you are interested in making money with rehabs in the Washington, DC area, and you have real funds to invest, let's talk! Email address is bhibcorp@yahoo.com. I teach real estate investing also (have done real estate seminars/mentoring/coaching/etc). There is a goldmine in the DC area. As Warren Buffet said, "When do you buy things, at full price or when they are on sale?" He was referring to real estate. Real Estate Investing is still the best investment on the planet. Much Success To All!
Some people just can't stand that are people are having success with the finditfundit Tutor Program. They just can't stand the fact there there are good things to say. Keeping negative thoughts makes them happy. Yeah, I know what you mean about the refund. I think every company should do that. That means I would be able to buy a few nice dresses and return them 6 months to a year, cuz they're just not workin out. Or better yet, get my tuition back from the school I attend, cuz the classes are a little to difficult, Yeah, that would be great.
Thanks to all who purchased the Ameraco system and who posted about your experiences with the Ameraco system and "support/customer service". Thanks for sounding the warning in order that others can learn and be spared from your costly experience. Thanks most of all to "Diane" for helping to demonstrate what a lousy unethical company Ameraco truly is by how they treat there customers. If Ameraco's system were so great they would willingly give a refund to any disatisfied customer after a reasonable trial period of six months to a year in my opinion. I'm sure many others would agree. After reading the complaints on various sites I think I'll pass on Ameraco's offer. Diane if Ameraco were so great you would be issuing refunds to disatisfied customers rather than spending time on various sites trying to defend the company. You above all else, help make the case for the lack of integrity within Ameraco. Ameraco you should only want satisfied locators and satisfied investors. Any business only continues to exist with satisfied customers. But, maybe you only care about making a fast buck for yourself before you go out of business! Maybe that's what success means to you!...Well it won't last! Buyers beware! See through the loopholes and don't let them blame you if you buy in and fall flat after reasonable effort.
I don't know what side to agree with. (or believe) SO many people try this business and fail... but there ARE scams out there too.
I'm tempted to join this program on my own and draw my own conclusion. I already have hundreds of my own local buyers, but if they "do" provide buyers nationwide, I could send them dozens of deals daily... if only 1 of 12 convert, I'll make a LOAD of cash.
Imagine sending 10 deals a day, if only 10% close, you're rocking.
I run a short sale service. People send me the deals, we evaluate and accept the ones where the numbers "work". Of those, around 1 of 5-6 actually close.
We get deals submitted ALL THE TIME that are crap. The numbers are horrible, sellers not responsive, etc.. When we turn those deals down, the members sometimes blame me as well. "You won't accept me deals!".
No I won't... because they're NOT deals.
Does it make me a scammer because I won't accept garbage?
Anyhow, I wish I could get a free membership and send some real deals to these guys. I'd Prove who's right and wrong... real fast.
Nick Cifonie
http://www.REI-TV.com
Is that what I'm doing "exposing my own stupidity", I don't think so. Again, as long as there are lies to rebut, I will be here. Again, am I supposed to feel hurt that you will not become a member with Ameraco? Well I'm not. I'm sure all the other Real estate programs like ours will be happy to forgo the upfront cost of anywhere between $7, 500 to $15, 000.00 for the training material, so you can be on your way to becoming a successful property locater. Call them up...
Thanks Diana for opening my eyes to your fraudulent company, as long as there Diana’s out there to expose their own stupidity and unprofessional behavior then I can only be thankful enough not to invest any of my money into this company. Oh by the way the minute the sales guy over the phone ask for money for this program I knew they were a scam and if this is for real then why don’t you get your funds to run your program from actual closed deal and not from upfront fees. Please remove me from your e-mail list.
If you call REBUTTING LIES WITH THE TRUTH, then yes, I am guilty. Am I supposed to feel hurt that you will not become a member with Ameraco? Well I'm not. As long as there are lies to rebut, I will be here. Oh yeah, Yeah for you on checking your spelling...
Overview of Ameraco, Inc. complaint handling
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Ameraco, Inc. Contacts
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Ameraco, Inc. phone numbers+1 (800) 854-1952+1 (800) 854-1952Click up if you have successfully reached Ameraco, Inc. by calling +1 (800) 854-1952 phone number 0 0 users reported that they have successfully reached Ameraco, Inc. by calling +1 (800) 854-1952 phone number Click down if you have unsuccessfully reached Ameraco, Inc. by calling +1 (800) 854-1952 phone number 0 0 users reported that they have UNsuccessfully reached Ameraco, Inc. by calling +1 (800) 854-1952 phone number
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Ameraco, Inc. addressP.O. Box 100766, Cape Coral, Florida, 33910, United States
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Ameraco, Inc. social media
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Checked and verified by Rachel This contact information is personally checked and verified by the ComplaintsBoard representative. Learn moreJun 30, 2025 - View all Ameraco, Inc. contacts
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